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Investor Insights

This summary was created by AI, based on 16 opinions in the last 12 months.

Experts have mixed opinions on Hudbay Minerals, with some expressing concerns about its debt and execution risks, while others see potential in its assets and growth prospects. The company is heavily reliant on copper prices and faces challenges with its acquisitions and development projects. Overall, it is viewed as a solid but not top-tier option in the base metal industry, with potential for long-term growth if certain risks are managed effectively.

Consensus
Mixed
Valuation
Fair Value
Similar
TECK.B,90
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
DON'T BUY
Hudbay Minerals
HBM vs. TECK.B

Prefers TECK.B. He's attracted to copper in the longer term. In the very near term, the commodity will be weighted by overall economic conditions. TECK.B is more a restructuring play than a copper play right now; well run, wide range of assets; world-class coal assets are undervalued; cashflow is more stable.

precious metals
BUY
Hudbay Minerals

Mining higher-grade ore. Increased demand for metals like copper and zinc makes the stock inexpensive here, well below book value. New mines are costly to build. Not a dividend stock, but good prospect of capital appreciation. Sees upside potential to $10-12 over the next few years.

precious metals
PAST TOP PICK
Hudbay Minerals
(A Top Pick Sep 05/23, Down 3%)

He was buying at the bottom. Around $4 is an okay time to start accumulating shares, based on the chart. He expects rotation as oil stocks probably pull back (he take profits) and minerals might find a bid.

precious metals
RISKY
Hudbay Minerals

He believes in the copper story, not enough has been produced. Balance sheet is levered. Peru mine has execution and jurisdiction risks. Looks good recently. Close to inflection point of free cashflow positive. Cheap. Buy here if you can tolerate the risk.

precious metals
TOP PICK
Hudbay Minerals

He likes commodities and is trading this. Anything copper and mining are good to enter now. He expects this to return to previous highs in its range.

(Analysts’ price target is $9.84)
precious metals
HOLD
Hudbay Minerals

Does not own shares in company, however, is bullish on Copper sector.
Unsure how projects in British Columbia will pan out.
Arizona assets have been difficult to develop.
Rising costs and social approval major hurdles. 

precious metals
TOP PICK
Hudbay Minerals

Cheap, with good upside potential. About 30% discount to book value. With EVs and the demand for alternate forms of power, electricity comes into its own. You need to have a way of moving it around, and that's copper. The copper market is a mess, with demand picking up and supply under pressure. Yield is 0.32%.

(Analysts’ price target is $10.22)
precious metals
WAIT
Hudbay Minerals

It is a very volatile stock so he trades it. There are no momentum indicators or catalysts now but copper is a good long term commodity. You could maybe buy if there is a pullback to $5.50.

precious metals
Showing 1 to 15 of 587 entries

Hudbay Minerals(HBM-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 9

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, 9 stock analysts published opinions about HBM-T. 7 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?

9 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 2024-05-17, Hudbay Minerals (HBM-T) stock closed at a price of $13.98.