HudBay Minerals (HBM) Projected to Release Quarterly Earnings on Wednesday

HudBay Minerals (NYSE:HBM) (TSE:HBM) will likely be issuing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.2583 per share and revenue of $632.4290 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 11:00 AM ET.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last issued its quarterly earnings results on Friday, May 1st. The mining company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.06. HudBay Minerals had a return on equity of 10.04% and a net margin of 27.75%.The firm had revenue of $757.30 million for the quarter, compared to analyst estimates of $684.73 million. During the same period in the previous year, the company posted $0.24 earnings per share. The business’s revenue was up 27.3% on a year-over-year basis. On average, analysts expect HudBay Minerals to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HudBay Minerals Price Performance

Shares of HBM traded down $0.63 during trading hours on Tuesday, hitting $21.80. 2,414,857 shares of the stock were exchanged, compared to its average volume of 5,786,860. The stock’s 50-day moving average price is $24.82 and its two-hundred day moving average price is $24.13. HudBay Minerals has a 12-month low of $8.93 and a 12-month high of $32.15. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.20 and a current ratio of 1.36. The company has a market cap of $9.68 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 0.34 and a beta of 1.48.

HudBay Minerals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 9th. HudBay Minerals’s payout ratio is 1.81%.

Hedge Funds Weigh In On HudBay Minerals

Several large investors have recently made changes to their positions in HBM. Allworth Financial LP boosted its position in shares of HudBay Minerals by 107.9% during the 3rd quarter. Allworth Financial LP now owns 1,990 shares of the mining company’s stock worth $30,000 after purchasing an additional 1,033 shares during the period. Quarry LP acquired a new stake in HudBay Minerals in the 3rd quarter valued at approximately $38,000. IFP Advisors Inc purchased a new stake in HudBay Minerals in the third quarter valued at approximately $45,000. Banque Cantonale Vaudoise raised its position in HudBay Minerals by 513.5% in the third quarter. Banque Cantonale Vaudoise now owns 3,172 shares of the mining company’s stock valued at $48,000 after purchasing an additional 2,655 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in HudBay Minerals by 131.6% during the first quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock worth $50,000 after purchasing an additional 3,733 shares in the last quarter. 57.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HBM shares. Citigroup reaffirmed a “positive” rating on shares of HudBay Minerals in a report on Wednesday, July 15th. Scotiabank reissued an “outperform” rating on shares of HudBay Minerals in a research note on Thursday, June 25th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday, April 21st. Bank of America dropped their price objective on shares of HudBay Minerals from $33.50 to $29.50 and set a “buy” rating for the company in a research note on Thursday, July 9th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of HudBay Minerals in a report on Monday, July 6th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, HudBay Minerals presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.33.

About HudBay Minerals

HudBay Minerals Inc is a Canada-based mining company engaged in the exploration, development and production of base and precious metals. Its primary products include copper, zinc, gold and silver concentrates, which are sold to smelters and refiners worldwide. The company’s operations span multiple stages of the mining cycle, from resource definition and feasibility studies to mine construction, extraction and reclamation.

The company traces its roots back to 1927, when it was established as Hudson Bay Mining & Smelting Co Limited.