Hudbay Minerals Inc. (TSE:HBM – Get Rating) (NYSE:HBM) – Investment analysts at National Bank Financial upped their Q3 2022 EPS estimates for Hudbay Minerals in a research note issued to investors on Tuesday, August 9th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings per share of ($0.14) for the quarter, up from their previous estimate of ($0.22). National Bank Financial currently has a "Sector Perform" rating on the stock. The consensus estimate for Hudbay Minerals' current full-year earnings is $1.21 per share. National Bank Financial also issued estimates for Hudbay Minerals' Q4 2022 earnings at ($0.01) EPS, FY2022 earnings at $0.03 EPS, FY2023 earnings at $0.58 EPS and FY2024 earnings at $0.69 EPS.

A number of other research firms have also weighed in on HBM. CIBC cut their price objective on Hudbay Minerals from C$12.00 to C$10.00 in a research report on Wednesday, July 20th. Haywood Securities decreased their target price on Hudbay Minerals from C$12.00 to C$8.00 and set a "buy" rating for the company in a research note on Friday, July 22nd. Stifel Nicolaus dropped their price objective on Hudbay Minerals from C$16.50 to C$12.00 in a report on Tuesday, July 19th. Barclays upgraded shares of Hudbay Minerals from an "equal weight" rating to an "overweight" rating and reduced their price target for the company from C$9.00 to C$6.00 in a research report on Tuesday, July 19th. Finally, Cormark lowered their price objective on shares of Hudbay Minerals to C$8.00 and set a "buy" rating on the stock in a research report on Friday, July 22nd. Two research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, Hudbay Minerals has an average rating of "Moderate Buy" and an average target price of C$9.65.

Hudbay Minerals Price Performance

Hudbay Minerals Company Profile

(Get Rating)

Hudbay Minerals Inc, a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals.

Featured Stories

• MarketBeat: Week in Review 8/8 – 8/12
• 2 Important Retail Stock Battles to Watch
• What Is WallStreetBets and What Stocks Are They Targeting?
• Institutions And Analysts Propel Jack In The Box Higher
• Can You Guess Which EV Stock Is Beating Tesla ?

Receive News & Ratings for Hudbay Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudbay Minerals and related companies with MarketBeat.com's FREE daily email newsletter.