Hudbay Minerals stock
HBMNYSEHudbay Minerals Inc., Basic MaterialsISIN CA4436281022
61Score 61 out of 100, Neutral
Price and trend
58 / 100
Price history
+32% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 11% below it.
Since June 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 50).
The price is 31% below its 52-week high. Largest decline in 20 years: 95% (October 2007 to March 2020).
Chart figures for advanced users
- SMA 50$24.99
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$24.74
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)50
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$14.58
- The lowest closing price of the last twelve months.
- Resistance$31.87
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Hudbay Minerals Inc. belongs to the Copper industry (Canada) and, with a market value of $9.74B, is number 9 of 15 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $2.21B (up 9.4% year on year) and earnings of $568.5M (up 641.2%).
- For fiscal 2026, analysts expect on average revenue of $2.93B (up 32.3%) and adjusted earnings per share of $1.53 (up 124.6%).
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- MEQIRI Score 61 out of 100 (Neutral): rank 197 of 467 in Basic Materials, median 58.
- Our model puts fair value at $40.27, with the price 46% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Below fair valuePrice 46% below the fair value of $40.27.Valuation 93
- High marginNet margin 27.1% over the last 12 months, Copper median 10.1%.Profitability 64
- Analysts expect strong earnings growthUp 17.8% a year through 2028 (estimates from 11 analysts).Growth 65
Weaknesses
- DilutionShare count up 51% since 2020.Capital allocation 45
- Volatile share priceVolatility 63% a year over the last 12 months.
Its standout strengths are valuation and stability, while momentum and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- high price swings
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
- weak fundamentals
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $26.84 and expensive above $80.53 (uncertainty very high, based on the price swings of the past year).
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $33.78, at 7.8% it would be $49.98.
Valuation metrics
From the cash-flow model alone; the profit includes one-off items, so there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 13% on the twelve months before. Revenue has grown solidly since 2006, at about 4% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 34%, operating 25%, net 26%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 19 Feb 2027in 99 days
- Last reported
- 12 Nov 2026EPS reported $0.34 (expected $0.35)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.53−1.5%
- Revenue
- $2.93B−0.4%
- Earnings per share
- $1.98−0.1%
- Revenue
- $3.41B−0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +4.5%2026 production guidance for all metals reaffirmed; growth capital in British Columbia raised by about $30 million to $115 million.
“Growth capital expenditures in British Columbia in 2026 are expected to increase by approximately $30 million to $115 million related to additional costs associated with infrastructure development at New Ingerbelle.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Hudbay Minerals
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
467 rated companies in Basic Materials
- This company
- 61
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Copper
The next larger and next smaller companies by market value
- Lundin MiningLUN.TO $18.37B71
- Jiangxi Copper600362.SS $17.05B54
- KGHM Polska MiedzKGH.WA $14.55B65
- Tongling Nonferrous Metals Group000630.SZ $9.95B54
- AurubisNDA.DE $6.88B63
- Capstone CopperCS.TO $6.19B55
- China Nonferrous Mining1258.HK $5.88B74
- Ero CopperERO $3.23B75
ETFs that hold Hudbay Minerals
Held by 16 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Global X Copper Miners UCITS ETF4COP | 4.85% | 0.55% | €909.23M |
| WisdomTree Strategic Metals and Rare Earths Miners UCITS ETF USD AccRARE | 0.55% | 0.50% | €604M |
| VanEck S&P Global Mining UCITS ETF A USDWMIN | 0.50% | 0.50% | €1.98B |
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| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.17% | 0.35% | €434.1M |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.09% | 0.45% | €1.53B |
| Invesco FTSE All-World UCITS ETF USDFTWD | 0.03% | 0.15% | €4.75B |
| Vanguard FTSE North America UCITS ETF (USD) AccumulatingVNRA | 0.02% | 0.08% | €6.16B |
| Vanguard FTSE Global All-Cap UCITS ETF Accum USDVGLA | 0.02% | 0.07% | €3.9B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 May 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.