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Investor Insights

This summary was created by AI, based on 14 opinions in the last 12 months.

The experts have mixed views on Hudbay Minerals (HBM-T). Some believe it is well-positioned for growth in copper prices, has strong assets, and is managing its debt well. Others are concerned about its political risk in Peru, high leverage to copper prices, and problematic balance sheet. Overall, it is considered a solid company with potential for growth, but there are better choices available in the market.

Consensus
Mixed
Valuation
Fair Value
Similar
Freeport-McMoRan, FCX
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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Hudbay Minerals
Stockchase Research Editor: Michael O'Reilly

We reiterate this Canadian producer of copper and gold with holdings extending into South America as a TOP PICK.  We like that cash reserves are growing, while debt is retired.  It trades at 11x earnings and 1.5x book.  We recommend trailing up the stop (from $9) to $10, looking to achieve $16 -- upside potential of 27%.  Yield 0.1%

(Analysts’ price target is $16.40)
precious metals
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Hudbay Minerals
Stockchase Research Editor: Michael O'Reilly

HBM focuses on copper, gold and zinc production with primary production in Peru and Canada.  It has benefited from both rising production and prices.  Management has used the growing free cash flow to de-lever its balance sheet, while growing cash reserves.  We recommend setting a stop-loss at $9, looking to achieve $16 -- upside potential of 28%.  Yield 0.1%

(Analysts’ price target is $15.82)
precious metals
RISKY
Hudbay Minerals

Copper's been all over the place, and really down lately on a weaker China. Whole copper complex trades at a premium because they know there's this thirst for copper amid shortages. Materially paid down debt. Trades at discount (4.8) to large-cap peers (5.6). He models 40% EPS at a 31 PE.

Was risky, de-risked to a large extent. Copper's not for the faint of heart. A whippy player, but a winner if it continues to execute well and copper does well.

precious metals
DON'T BUY
Hudbay Minerals

Doesn't own shares. Considers company a collection of Tier 2 deposits. Prefers better assets in Tier 1 assets. 

precious metals
HOLD
Hudbay Minerals

Excellent chart that continues to perform. Expecting further strength. Would recommend holding until market cycle turns. 

precious metals
PAST TOP PICK
Hudbay Minerals
(A Top Pick Jun 08/23, Up 107%)

He wanted exposure to EV and HBM produces copper (for EVs). This has worked veryw ell.

precious metals
BUY ON WEAKNESS
Hudbay Minerals

Just because large institutions buying this stock - not always a good reason to buy. Would recommend looking into the quality of business. Current share price is too high in order to invest. Would wait for share price weakness before investing. 

precious metals
HOLD
Hudbay Minerals

Huge rally. Has now come down in RSI ranking, along with other metal producers. So far, looks like a correction within an uptrend, holding above the early May low of $11-11.50. Last couple of days, price of copper has started to pick back up again, starting to stabilize, and may see stocks do the same.

precious metals
Unspecified
Hudbay Minerals

It is a top copper play and added copper production at the right point in the cycle. However there is political risk in Peru where it has substantial holdings.

precious metals
WAIT
Hudbay Minerals

Not the highest-quality name. Acquisition in Colorado. Problematic balance sheet, are they paying down debt fast enough for the market? Very leveraged to copper prices. If copper goes to $5, EPS growth on this name is fabulous. Don't buy right now.

precious metals
COMMENT
Hudbay Minerals

It has some very good assets but it is hard to figure out just what it is going to do. Copper didn't come off as expected and is still quite strong. He likes Lundin in the mining space and it fits into his income strategies. He also likes Encore Wire (WIRE), the largest copper recycler in the U.S. and is not a depleting resource business. It trades at a reasonable multiple and its growing consistency takes out the volatility. It has $1/2 billion in cash and is buying back stock.

precious metals
WEAK BUY
Hudbay Minerals

High USD hurting copper prices. Sputtering China. Recession fears. Capex for recent acquisition higher than anticipated. Copper market really tight. Starting to get debt under control. Decent valuation around 10x 2025 earnings. 

If copper hits $4 in 2024, and $4.50 for 2025, sees them growing well at 62%. Under-owned, perhaps its time has come.

precious metals
COMMENT
Hudbay Minerals

Good, not great, not top tier among base metal companies. Will do well over 10 years, but there are better choices.

precious metals
BUY
Hudbay Minerals

A solid name. Well-run company and position properly for growth in copper prices that he expects next year.

precious metals
BUY
Hudbay Minerals

Is entering seasonality, because the economy tends to pick up now which benefits the metals sector. Hudbay can benefit. The chart has fallen since early 2022 as it consolidated. Now, the stock is positioned well. Likes it.

precious metals
Showing 1 to 15 of 595 entries

Hudbay Minerals(HBM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

Stockchase rating for Hudbay Minerals is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Hudbay Minerals(HBM-T) Frequently Asked Questions

What is Hudbay Minerals stock symbol?

Hudbay Minerals is a Canadian stock, trading under the symbol HBM-T on the Toronto Stock Exchange (HBM-CT). It is usually referred to as TSX:HBM or HBM-T

Is Hudbay Minerals a buy or a sell?

In the last year, 8 stock analysts published opinions about HBM-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hudbay Minerals.

Is Hudbay Minerals a good investment or a top pick?

Hudbay Minerals was recommended as a Top Pick by on . Read the latest stock experts ratings for Hudbay Minerals.

Why is Hudbay Minerals stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Hudbay Minerals worth watching?

8 stock analysts on Stockchase covered Hudbay Minerals In the last year. It is a trending stock that is worth watching.

What is Hudbay Minerals stock price?

On 2024-11-20, Hudbay Minerals (HBM-T) stock closed at a price of $12.62.