
35.02 USD (+35.4%)
6 analysts
What does it do?
Hudbay Minerals is a Canadian mining company dedicated to the extraction and processing of copper, with operations in Canada and Peru, selling its production on the global market.
Key points
from its scores- ✓Very solid balance sheet8.6
- ✓Good share-price trend8.1
- ✓Strong growth7.0
- ✕Unfavourable risk and backdrop1.1
- ✕Little or no dividend1.8
AI analysis
bottom line, main risk, context and newsFundamentals are solid and the balance sheet is very healthy, but the dividend is negligible and Peru country risk adds uncertainty.
Hudbay Minerals has excellent financial health (net debt/EBITDA of 0.13) and solid growth (revenue +17.7%), with a reasonable valuation (P/E 15.13) and strong momentum (60.14%). The main drag is its low dividend yield.
The main risk is exposure to Peru, where political and regulatory instability could affect the operation of its mines and value creation for shareholders.
Context and risks
Hudbay Minerals operates copper mines in Peru, a country with moderate institutional and governance risk, which can affect the operational and regulatory stability of its assets.
Is Hudbay Minerals stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Basic Materials median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 15.1 | 19.2 | −21% |
| EV / EBITDA | 10.6 | 10.0 | +6% |
| Price / book | 2.4 | 2.3 | +6% |
| Price / sales | 4.7 | 2.2 | +112% |
Sector: median of the 141 Basic Materials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.6 out of 10 (median for Basic Materials: 5.8).
Average analyst target: 35.02 USD, +35.4% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Basic Materials medianValuation
- P/E
- 15.1
- Forward P/E
- 13.2
- EV / EBITDA
- 10.6
- Price / book
- 2.4
- Price / sales
- 4.7
- PEG
- 0.94
- Market cap
- 11.5B USD
- Enterprise value
- 12.1B USD
Profitability
- ROE
- 16.7%
- ROA
- 6.7%
- ROIC (approx.)
- 13.8%
- Gross margin
- 56.6%
- Operating margin
- 32.6%
- Net margin
- 27.5%
- Free cash flow
- 450.2M USD
- FCF yield
- 3.9%
- Cash conversion
- 39%
Solvency
- Total debt
- 1.0B USD
- Net debt
- 153.6M USD
- Cash
- 890.9M USD
- EBITDA
- 1.1B USD
- Net debt / EBITDA
- 0.13
- Debt / equity
- 19.86
- Current ratio
- 2.24
- Quick ratio
- 1.82
Growth
- Revenue growth
- +17.7%
- Earnings growth
- +14.1%
- EPS (TTM)
- 1.71 USD
- EPS (forward)
- 1.96 USD
Dividend
- Dividend yield
- 0.1%
- Payout
- 1.3%
Risk and market
- Beta
- 2.33
- Analyst consensus
- Strong buy (6)
- Target price
- 35.02 USD
- 52-week range
- 14.34 – 32.15
Recent news
All HBM news →Compare it with its sector
All 141 in Basic Materials →Frequently asked questions about Hudbay Minerals
Is Hudbay Minerals stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Basic Materials median (within 15%). Valuation score: 6.6 out of 10 (median for Basic Materials: 5.8). Average analyst target: 35.02 USD, +35.4% versus the price. This is not investment advice.
What score does Hudbay Minerals get on MeridIAn Screener?
It scores 5.8 out of 10, rank 1,161 of 2,130 (better than 43% of the companies analysed). Its strongest category is Financial health (8.6) and its weakest, Risk & Context (1.1). Analysis of 08/10/2026.
What is Hudbay Minerals's P/E ratio?
Its P/E is 15.1: the share price equals 15.1 times earnings per share over the last 12 months. The Basic Materials median is 19.2. Based on the earnings analysts expect, the forward P/E is 13.2.
How much is Hudbay Minerals worth on the stock market?
Its market capitalisation is 11.5B USD and its enterprise value, debt included, is 12.1B USD.
How much debt does Hudbay Minerals have?
Its net debt (debt minus cash) is 153.6M USD. That is 0.13 times its EBITDA; the Basic Materials median is 1.41.
Does Hudbay Minerals pay a dividend?
Yes: its dividend yield is 0.12% and it pays out 1% of its earnings.
How has Hudbay Minerals stock performed over the last year?
It has risen 56.2% over the last year, excluding dividends. Over the last 52 weeks it has traded between 14.34 and 32.15 USD. Past performance does not guarantee future results.
What do analysts think of Hudbay Minerals?
6 analysts cover it; their average recommendation is “Strong buy” and their average target is 35.02 USD (+35.4% versus the price). It is an estimate, not market data.
