Hudbay Minerals Inc. (HBM) Stock Price & Analysis
Hudbay Minerals Inc. (HBM) closed at USD 21.89 on Thursday, October 22, 2026, down 8.75% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 23.99; the Oct 22, 2026 session ranged USD 21.64–22.76 on volume of 7,445,110 shares. Market capitalization is $9.72B, with a 52-week range of USD 14.34–32.15 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:57 UTC.
Also available as compact Markdown for AI agents: nexqual.com/HBM.md
Key facts (HBM)
- Analysts: Buy (mean 1.70 on a 1–5 scale) (23 analysts), mean target USD 34.77 (range 31.5–43).
- Total return with dividends: 1Y +42.0% vs S&P 500 +14.9%; 5Y +206.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-12, EPS estimate USD 0.34, revenue estimate $737M.
Analysts (HBM)
Consensus Buy (mean 1.70 on a 1–5 scale), 23 analysts; mean target USD 34.77 (low 31.5, high 43).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-16 | Barclays | Target raised | Overweight | $30 → $32 |
| 2026-07-09 | B of A Securities | Target lowered | Buy | $33.5 → $29.5 |
Total return (dividends reinvested) (HBM)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +42.0% | +206.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +42.2% | +25.0% |
| Volatility (annualized) | 62.6% | 55.0% |
| Max drawdown | -36.2% (Feb 2026→Mar 2026) | -61.3% (Mar 2022→Jul 2022) |
Companies that name HBM in their SEC reports
| Relationship to HBM | Company | Filing | Sentence |
|---|---|---|---|
| customer | Foremost Clean Energy Ltd. (FMST) | 20-F Jun 30, 2026 | “The surrounding region has extensive mining history and infrastructure, including nearby mining operations operated by Hudbay Minerals Inc. The Company believes the area provides access to experienced mining and exploration personnel, equipment suppliers, transportation infrastructure, and support services.” |
HBM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.34 | $0.38 | -8.9% | $737.4M | 15 |
| Next quarter (ends Dec 2026) | $0.41 | $0.41 | -0.0% | $796.3M | 11 |
| Current fiscal year (ends Dec 2026) | $1.48 | $1.39 | +6.7% | $2.94B | 17 |
| Next fiscal year (ends Dec 2027) | $2.03 | $1.82 | +11.7% | $3.38B | 16 |
HBM options: expected move
Options price a move of about ±14.2% (±$3.10) by Nov 20, 2026, which includes earnings on Nov 12, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 61.5% | ±14.2% |
| Dec 18, 2026 | 56 | 59.5% | ±19.1% |
| Jan 15, 2027 | 84 | 54.6% | ±21.4% |
| Apr 16, 2027 | 175 | 55.2% | ±31.0% |
30-day implied volatility 57.4% vs 45.3% realized over the last 30 trading days. Put/call ratio (volume) 1.05. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:57 UTC)
| Price | USD 21.89 |
|---|---|
| Change | ▼ 8.75% (down) |
| Previous Close | USD 23.99 |
| Open | USD 22.66 |
| Day Range | USD 21.64 – 22.76 |
| 52-Week Range | USD 14.34 – 32.15 |
| Volume | 7,445,110 shares |
| Market Cap | $9.72B |
| Exchange | NYQ |
Technical Analysis (HBM)
Nexqual's technical model rates HBM "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:57 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 28.29 (oversold) |
| vs SMA50 | Below (USD 26.76) |
| MACD | -0.97 (negative) |
Analyst Ratings (HBM)
Wall Street analysts rate HBM "Buy" based on 23 analysts, with a mean price target of USD 34.77 (range USD 31.5–43), per Nexqual as of October 23, 2026 at 09:57 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 23 |
| Mean Target | USD 34.77 |
| High Target | USD 43 |
| Low Target | USD 31.5 |
| Buy / Hold / Sell | 22 / 1 / 0 |
Earnings (HBM)
| Next Earnings Date | 2026-11-12 |
|---|---|
| EPS Estimate | USD 0.34 |
| Revenue Estimate | $737.39M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.28 vs est 0.25 ▲ beat |
| 2026-03-31 | USD 0.4 vs est 0.34 ▲ beat |
| 2025-12-31 | USD 0.22 vs est 0.39 ▼ miss |
| 2025-09-30 | USD 0.03 vs est 0.06 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financials & Fundamentals (HBM)
| Total Revenue | $2.47B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +17.70% |
| Gross Margin | +56.57% |
| Operating Margin | +32.58% |
| Profit Margin | +27.48% |
| ROE | +16.74% |
| Debt / Equity | 0.2 |
| Current Ratio | 2.24 |
| Total Cash | $890.90M |
| Total Debt | $1.04B |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Financial Health Score (HBM)
Nexqual rates Hudbay Minerals Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:57 UTC.
| Growth | Solid — Revenue +9% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 57%, operating 33% (last 12 months) |
| Balance Sheet | Strong — $891M cash vs $1.04B debt |
| Cash Flow | Solid — Operating cash flow $831M (TTM) |
| Efficiency | Solid — ROE 17%, ROA 6.7% |
Ownership (HBM)
| Insider Ownership | +3.64% |
|---|---|
| Institutional Ownership | +77.80% |
| Shares Outstanding | 444.14M |
| Float | 427.53M |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Leadership (HBM)
Hudbay Minerals Inc. is led by Peter Gerald Jan Kukielski Bsc, Msc, CEO & Director, per Nexqual as of October 23, 2026 at 09:57 UTC.
| CEO & Director | Peter Gerald Jan Kukielski Bsc, Msc |
|---|---|
| President & CFO | Chi-Yen Lei |
| Senior Vice President of Legal & Organizational Effectiveness | Patrick James Donnelly |
| Chief Operating Officer | Robert Alan Carter |
| Senior Vice President of Corporate Development & Strategy | Mark Gupta |
Major Backers & Investors (HBM)
Notable institutional backers of Hudbay Minerals Inc. include FIL LTD, Mirae Asset Global ETFs Holdings Ltd., GMT Capital Corp, according to Nexqual as of October 23, 2026 at 09:57 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FIL LTD | 6.37% |
| Mirae Asset Global ETFs Holdings Ltd. | 4.49% |
| GMT Capital Corp | 4.12% |
| Hancock Prospecting Pty Ltd | 3.58% |
| GLOBAL X FUNDS-Global X Copper Miners ETF | 3.53% |
| Royal Bank of Canada | 3.33% |
| Mackenzie Financial Corporation | 2.93% |
| L1 Capital Pty Ltd | 2.25% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 2.79% |
Source: Nexqual, October 23, 2026 at 09:57 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TECK | Teck Resources Ltd | USD 58.9 | ▼ 6.18% |
| ERO | Ero Copper Corp. | USD 30.13 | ▼ 5.81% |
| TGB | Trekor Metals Limited | USD 7.3 | ▼ 8.29% |
| IE | Ivanhoe Electric Inc. | USD 7.89 | ▼ 7.07% |
| FCX | Freeport-McMoRan, Inc. | USD 64.59 | ▼ 6.26% |
| SCCO | Southern Copper Corporation | USD 183.59 | ▼ 7.31% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:57 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt