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TSX closes above 24,000Data lifts markets to end AugustTSX hits new high, tech roars backThis 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.
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.
Doesn't own shares. Considers company a collection of Tier 2 deposits. Prefers better assets in Tier 1 assets.
Excellent chart that continues to perform. Expecting further strength. Would recommend holding until market cycle turns.
He wanted exposure to EV and HBM produces copper (for EVs). This has worked veryw ell.
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.
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.
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.
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.
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.
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.
Good, not great, not top tier among base metal companies. Will do well over 10 years, but there are better choices.
A solid name. Well-run company and position properly for growth in copper prices that he expects next year.
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.
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
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.
Hudbay Minerals was recommended as a Top Pick by on . Read the latest stock experts ratings for Hudbay Minerals.
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.
8 stock analysts on Stockchase covered Hudbay Minerals In the last year. It is a trending stock that is worth watching.
On 2024-11-20, Hudbay Minerals (HBM-T) stock closed at a price of $12.62.
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)