Buy, Sell or Hold: Hudbay Minerals Inc. (HBM-T) — Stock Predictions at Stockchase

TSE:HBM

5.49

0.25 (4.77%) 1d

Showing 1 to 15 of 565 entries

TOP PICK

Lags the group. Laying foundation for future growth. Position in Peru is a bit concerning with recent elections. Current price nowhere near reflects its potential over the next few years. Compelling at current prices. Yield is 0.25%. (Analysts’ price target is $13.76)

precious metals

PAST TOP PICK

(A Top Pick Mar 09/21, Up 14%) Expecting valuation to catch up to peers. Believes company has lagged other companies in sector. International operations has presented risk in business model. Company has a lot of growth prospects. New operations coming online soon.

precious metals

PAST TOP PICK

(A Top Pick Mar 09/21, Up 5%) A slight disappointment. Eventually, they'll be appreciated for their operations: copper in near Tucson and Rosemont could come on stream. Peru remains an overhang, as their government shifts to the left, but they will realize the country needs the cash flow from this industry. Good long-term growth lies ahead.

precious metals

WEAK BUY

Political changes in Peru are affecting it. Concerns about change in royalty regime. Discount to group, given potential earnings going forward. Well placed in Canada and Latin America. Not a screaming buy, but potential to reach low to mid-teens.

precious metals

BUY

All the metals companies have come down. The big worry is Chinese growth. The metals have rolled over a little. These things are looking to be at good purchase points. He is taking a look at it again.

precious metals

BUY

Getting that license in Arizona would be a huge boom for them. They hold great mines and their operations are performing well. They've stumbled a bit in recent years, but overall things are smooth. Peru offers political uncertainty with a new far left-wing government, but it needs Hudbay's operations to keep going. He targets $12-13.

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COMMENT

Modelling 229% EPS growth from 2021-2023. Time to buy cyclical stocks is when it's expensive, not when they are cheap. Prices have come down a lot because the Chinese board has recommended to do something about high commodities prices.

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BUY

One of his favourites in the group. Peru election could have a modest impact. Manitoba Covid shutdown would be temporary. Considerably more optionality in the last few years. Proving more reserves. Extremely well positioned. Back to mid-teens or higher in the next couple of years.

precious metals

BUY

Commodities were in a 10-year bear market and only recently reversed. FCX has been the leader, and has just pulled back and is set for another leg up. He also owns FM. All of these will benefit, as we're in a deficit of copper and will be for quite some time. EVs use more copper than traditional vehicles. Should be core in a portfolio.

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TOP PICK

It's finally coming into their own. Their flagship mine is performing extremely well while a satellite pit is ramping up for production. He expects more gold and zinc production out of Manitoba. There's been a lift in energy prices in anticipation of the reopening. If they get the production permits for Rosemont, it'll be a huge catalyst. They just refinanced $600 million in debt which shows that their bankers have faith in this company. he expects many upward revisions for HBM. (Analysts’ price target is $11.96)

precious metals

BUY

Haven't bought it yet but is watching it. Have it as a buy. A very diversified company and would look at the overall exposure. It is global with activities in Peru and Canada. It is positive on a long term basis. Would consider it. (Analysts’ price target is $12.00)

precious metals

BUY

It has been correcting similar to other copper stocks. You want to see some healthy corrections so this is normal. Earnings are set for this week. Copper is part of the green energy solution and should profit from infrastructure spending. A name that he likes and this is the time to own names like this.

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DON'T BUY

Analysts see a target of $4.25. He is more cautious based on how vibrant the economy will be. Their business is focused on base metals like copper. Commodities will likely be in a sideways range for some time to come. Earnings are negative and expected to be down over 100% this year. This is not an active purchase candidate for him. He suggests owning gold stocks instead. (Analysts’ price target is $4.25)

precious metals

DON'T BUY

Buy Keyera instead? He briefly owned this. An activist last year changed management, which didn't work for him. He doubts they'll get a Tuscon permit for their Rosemont copper mind in the States, given activists opposing it. As for Keyera, it's an apples and oranges talk--very different companies. But Keyera is a stronger company financially, so it'd be an uptrade.

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DON'T BUY

2019 was a bad year, losing top management and a key growth project, Rosemont, has been halted by a court order. But their Manitoba zinc operations are fine. But Peruvian operations are troubled, though they have reached a settlement there. Production going forward may be flat or decline.

precious metals

Showing 1 to 15 of 565 entries

Hudbay Minerals Inc.(HBM-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for Hudbay Minerals Inc. 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 Inc.(HBM-T) Frequently Asked Questions

What is Hudbay Minerals Inc. stock symbol?

Hudbay Minerals Inc. 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 Inc. a buy or a sell?

In the last year, 5 stock analysts published opinions about HBM-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hudbay Minerals Inc..

Is Hudbay Minerals Inc. a good investment or a top pick?

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

Why is Hudbay Minerals Inc. 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 Inc. worth watching?

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

What is Hudbay Minerals Inc. stock price?

On 2022-06-24, Hudbay Minerals Inc. (HBM-T) stock closed at a price of $5.49.

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