Latest news with #HudBayMinerals
Yahoo
6 days ago
- Business
- Yahoo
Here's What Key Metrics Tell Us About HudBay Minerals (HBM) Q2 Earnings
For the quarter ended June 2025, HudBay Minerals (HBM) reported revenue of $536.4 million, up 26.1% over the same period last year. EPS came in at $0.19, compared to $0 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $495.34 million, representing a surprise of +8.29%. The company delivered an EPS surprise of +72.73%, with the consensus EPS estimate being $0.11. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how HudBay Minerals performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Contained metal in concentrate and dore produced - Copper: 29,956.00 Ton versus 30,853.63 Ton estimated by 14 analysts on average. Contained metal in concentrate and dore produced - Silver: 814,989.00 Oz versus 915,769.30 Oz estimated by 13 analysts on average. Payable metal in concentrate and dore sold - Molybdenum: 427.00 Ton versus 311.59 Ton estimated by 13 analysts on average. Contained metal in concentrate and dore produced - Gold: 56,271.00 Oz compared to the 56,126.27 Oz average estimate based on 13 analysts. Revenue from external customers- Peru: $259.6 million versus $253.38 million estimated by 12 analysts on average. Revenue from external customers- British Columbia: $83.8 million versus $81.55 million estimated by 11 analysts on average. Revenue from external customers- Manitoba: $193 million versus $162.5 million estimated by 11 analysts on average. Revenue from contracts- Copper: $297.1 million versus $291.57 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change. Revenue from contracts- Zinc: $7.1 million compared to the $10.78 million average estimate based on 11 analysts. The reported number represents a change of -54.2% year over year. Revenue from contracts: $526.4 million versus the 11-analyst average estimate of $488.43 million. Revenue from contracts- Silver: $13.9 million versus $22.42 million estimated by 11 analysts on average. Compared to the year-ago quarter, this number represents a +27.5% change. Revenue from contracts- Molybdenum: $19.1 million versus the 11-analyst average estimate of $12.95 million. The reported number represents a year-over-year change of +19.4%. View all Key Company Metrics for HudBay Minerals here>>> Shares of HudBay Minerals have returned -4.7% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HudBay Minerals Inc (HBM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
Mitsubishi Corp. to Invest $600 Million in HudBay Copper Project
Mitsubishi Corp. has agreed to pay $600 million for a 30% stake in a proposed US copper project being developed by HudBay Minerals Inc. 'Securing Mitsubishi as a 30% partner in Copper World is an important milestone for Hudbay as we establish a long-term strategic partnership to advance this high-quality copper project towards sanctioning and to unlock significant value in our copper growth portfolio,' Hudbay Chief Executive Officer Peter Kukielski said Wednesday in a statement.
Yahoo
30-06-2025
- Business
- Yahoo
Is HudBay Minerals (HBM) a Solid Growth Stock? 3 Reasons to Think "Yes"
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks. HudBay Minerals (HBM) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank. Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). Here are three of the most important factors that make the stock of this mining company a great growth pick right now. Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. While the historical EPS growth rate for HudBay Minerals is 40.5%, investors should actually focus on the projected growth. The company's EPS is expected to grow 41.4% this year, crushing the industry average, which calls for EPS growth of 41.2%. Cash is the lifeblood of any business, but higher-than-average cash flow growth is more beneficial and important for growth-oriented companies than for mature companies. That's because, high cash accumulation enables these companies to undertake new projects without raising expensive outside funds. Right now, year-over-year cash flow growth for HudBay Minerals is 38.7%, which is higher than many of its peers. In fact, the rate compares to the industry average of -1.8%. While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 20.7% over the past 3-5 years versus the industry average of 6.8%. Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The current-year earnings estimates for HudBay Minerals have been revising upward. The Zacks Consensus Estimate for the current year has surged 2.7% over the past month. While the overall earnings estimate revisions have made HudBay Minerals a Zacks Rank #1 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. This combination positions HudBay Minerals well for outperformance, so growth investors may want to bet on it. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HudBay Minerals Inc (HBM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
29-06-2025
- Business
- Yahoo
HudBay Minerals (HBM) Stock Sinks As Market Gains: What You Should Know
HudBay Minerals (HBM) closed at $10.56 in the latest trading session, marking a -1.31% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.52%. Meanwhile, the Dow gained 1%, and the Nasdaq, a tech-heavy index, added 0.52%. Shares of the mining company have appreciated by 18.23% over the course of the past month, outperforming the Basic Materials sector's gain of 4.06%, and the S&P 500's gain of 5.95%. The investment community will be closely monitoring the performance of HudBay Minerals in its forthcoming earnings report. Simultaneously, our latest consensus estimate expects the revenue to be $551.91 million, showing a 29.7% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates project earnings of $0.67 per share and a revenue of $2.2 billion, demonstrating changes of +39.58% and +8.86%, respectively, from the preceding year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for HudBay Minerals. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 2.02% higher within the past month. HudBay Minerals presently features a Zacks Rank of #3 (Hold). In the context of valuation, HudBay Minerals is at present trading with a Forward P/E ratio of 15.88. For comparison, its industry has an average Forward P/E of 18.51, which means HudBay Minerals is trading at a discount to the group. Investors should also note that HBM has a PEG ratio of 0.31 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Mining - Miscellaneous industry had an average PEG ratio of 0.65. The Mining - Miscellaneous industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 152, finds itself in the bottom 39% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HudBay Minerals Inc (HBM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Is HudBay Minerals (HBM) Stock Outpacing Its Basic Materials Peers This Year?
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. HudBay Minerals (HBM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. HudBay Minerals is a member of our Basic Materials group, which includes 233 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. HudBay Minerals is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for HBM's full-year earnings has moved 18% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, HBM has gained about 20% so far this year. In comparison, Basic Materials companies have returned an average of 8.7%. As we can see, HudBay Minerals is performing better than its sector in the calendar year. Another stock in the Basic Materials sector, MAG Silver (MAG), has outperformed the sector so far this year. The stock's year-to-date return is 57.4%. For MAG Silver, the consensus EPS estimate for the current year has increased 20.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, HudBay Minerals belongs to the Mining - Miscellaneous industry, which includes 58 individual stocks and currently sits at #146 in the Zacks Industry Rank. This group has gained an average of 10.6% so far this year, so HBM is performing better in this area. In contrast, MAG Silver falls under the Mining - Silver industry. Currently, this industry has 9 stocks and is ranked #24. Since the beginning of the year, the industry has moved +34.7%. Investors interested in the Basic Materials sector may want to keep a close eye on HudBay Minerals and MAG Silver as they attempt to continue their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HudBay Minerals Inc (HBM) : Free Stock Analysis Report Cardinal Health, Inc. (CAH) : Free Stock Analysis Report Jabil, Inc. (JBL) : Free Stock Analysis Report Compania Cervecerias Unidas, S.A. (CCU) : Free Stock Analysis Report Five Below, Inc. (FIVE) : Free Stock Analysis Report Insteel Industries, Inc. (IIIN) : Free Stock Analysis Report MasTec, Inc. (MTZ) : Free Stock Analysis Report Fox Corporation (FOX) : Free Stock Analysis Report MAG Silver Corporation (MAG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
