Hudbay Minerals/$HBM
Hudbay Minerals shares fall as copper prices weaken amid doubts over returns on AI spending, a technology sell-off and higher oil prices stoking global growth concerns.
8 hours agoLightyear AI
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Capital at risk
About Hudbay Minerals
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
- Ticker
- $HBM
- Sector
- Materials
- Primary listing
- NYSE
- Employees
- 2,242
- Headquarters
- Toronto, Canada
- Website
- www.hudbayminerals.com
Hudbay Minerals Metrics
BasicAdvanced
$10B
13.67
$1.71
2.26
$0.02
0.12%
Price and volume
Market cap
$10B
Beta
2.26
52-week high
$32.15
52-week low
$14.34
Average daily volume
4.7M
Dividend rate
$0.02
Financial strength
Current ratio
2.244
Quick ratio
1.817
Long term debt to equity
0.187
Total debt to equity
0.199
Dividend payout ratio (TTM)
1.25%
Interest coverage (TTM)
10.23%
Profitability
EBITDA (TTM)
1,146.6
Gross margin (TTM)
56.57%
Net profit margin (TTM)
27.48%
Operating margin (TTM)
29.92%
Effective tax rate (TTM)
41.73%
Revenue per employee (TTM)
$1,100,000
Management effectiveness
Return on assets (TTM)
6.74%
Return on equity (TTM)
16.74%
Valuation
Price to earnings (TTM)
13.67
Price to revenue (TTM)
3.756
Price to book
3.02
Price to tangible book (TTM)
3.07
Price to free cash flow (TTM)
32.772
Free cash flow yield (TTM)
3.05%
Free cash flow per share (TTM)
0.713
Dividend yield (TTM)
0.09%
Forward dividend yield
0.12%
Growth
Revenue change (TTM)
12.09%
Earnings per share change (TTM)
136.16%
3-year revenue growth (CAGR)
24.64%
10-year revenue growth (CAGR)
8.35%
3-year earnings per share growth (CAGR)
130.48%
10-year earnings per share growth (CAGR)
3.36%
3-year dividend per share growth (CAGR)
13.58%
10-year dividend per share growth (CAGR)
-0.36%
What the Analysts think about Hudbay Minerals
Analyst ratings (Buy, Hold, Sell) for Hudbay Minerals stock.
Analyst projections of the future price of Hudbay Minerals stock.
Bulls say / Bears say
Hudbay and Mitsubishi have approved Copper World, targeting first production in the second half of 2029 and about 102,000 tonnes of annual copper output over its first decade. Mitsubishi, Wheaton and project-level financing are expected to cover much of the initial capital, with Hudbay’s first contribution deferred until 2028. (Hudbay Minerals)
Operations generated more than $200 million of free cash flow in the first half of 2026, and Hudbay improved its full-year copper cash-cost guidance to between negative $0.45 and negative $0.25 per pound. Its second-quarter net cash position gives it room to fund growth while maintaining financial flexibility. (Hudbay Minerals)
Hudbay’s updated Snow Lake plan extends reserve mine life to 2043 and raises average annual gold production for 2026–30 by 37% against the prior plan. That strengthens the company’s near-term gold contribution and broadens its production base beyond copper. (Hudbay Minerals)
Copper World requires $2.07 billion of initial growth capital, and its base-case after-tax NPV is $1.2 billion at $5 copper compared with $2.3 billion at $6. That leaves project value materially sensitive to long-term copper prices and construction delivery. (Hudbay Minerals)
British Columbia’s second-quarter copper cash cost was $3.22 per pound, above its full-year guidance range of $1.50–$2.50, with fuel costs and maintenance timing contributing to the miss. The operation must deliver the expected second-half improvement for Hudbay to meet its cost plan. (Hudbay Minerals)
At Constancia, depletion of the high-gold Pampacancha stockpile reduced gold by-product credits; combined with higher fuel costs and planned maintenance, Peru cash cost rose to $1.66 per pound in the second quarter from $0.70 in the first. That illustrates how a less favourable ore mix can weaken the low-cost profile. (Hudbay Minerals)
Data summarised monthly by Lightyear AI. Last updated on 30 Oct 2026.
Hudbay Minerals Financial Performance
Revenues and expenses
Hudbay Minerals Earnings Performance
Company profitability
Upcoming events
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Hudbay Minerals News
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Funds containing Hudbay Minerals
AllUSDEURGBP
Fund name | Fund size | $HBM weighting |
|---|---|---|
iShares Copper Miners€CEBS | $601M | 2.44% |
iShares Copper Miners£MINE | $601M | 2.44% |
iShares Essential Metals Producers€CEBT | $987M | 1.64% |
iShares Essential Metals Producers£METG | $987M | 1.64% |
VanEck S&P Global Mining£GIGB | $2.4B | 0.54% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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