HudBay Minerals (HBM) Rises Amid Market Decline: Key Insights

Avatar photo

HudBay Minerals (HBM) closed at $9.09 in its latest trading session on [Insert Date], representing a +0.55% increase from the previous day’s close. This performance was better than the S&P 500’s daily loss of 0.27%. Over the past month, HudBay’s stock has risen by 3.08%, lagging behind the Basic Materials sector’s gain of 7.68%.

HudBay Minerals is scheduled to report its earnings on February 19, 2025, with analysts forecasting earnings of $0.18 per share, a 10% year-over-year decline. Quarterly revenue is estimated to be $576.2 million, down 4.32% from the previous year. The company currently holds a Zacks Rank of #3 (Hold), reflecting a recent 12.35% reduction in EPS estimates over the past month.

HudBay’s Forward P/E ratio stands at 11.51, below the industry average of 12.51, indicating it is trading at a discount compared to its peers. The Mining – Miscellaneous industry ranks 160 out of over 250 industries, placing it in the bottom 37% of performers.

The free Daily Market Overview 250k traders and investors are reading

Read Now