
Hudbay Minerals (HBM) Stock Forecast & Price Target
Hudbay Minerals (HBM) Analyst Ratings
Bulls say
Hudbay Minerals Inc. benefits from an improving political climate in the U.S., which fosters a growing desire for increased copper production, despite some local opposition and ongoing permit appeals. The company's NAVPS estimate has risen to C$15.51, reflecting a 5% increase from the previous estimate, indicating a positive trend in valuation. Additionally, high copper and gold grades from the Pampacancha deposit at Constancia are projected to contribute significant free cash flow over the next 18 months, while operational improvements from the integration of Copper Mountain may enhance overall performance.
Bears say
Hudbay Minerals Inc. is facing a negative outlook primarily due to a forecasted decline in copper prices, projected to fall to $3.50 per pound in the long term, which could negatively impact revenue derived predominantly from the copper segment. The company's shares may decline to 1.0 times net asset value (NAV) and experience a significant reduction in expected 2025 earnings before interest, taxes, depreciation, and amortization (EBITDA) at 4.0 times. Additionally, broader economic factors such as fluctuations in commodity prices, currency instability, rising energy costs, and environmental considerations pose further risks that could adversely affect Hudbay's operational costs and overall financial performance.
This aggregate rating is based on analysts' research of Hudbay Minerals and is not a guaranteed prediction by Public.com or investment advice.
Hudbay Minerals (HBM) Analyst Forecast & Price Prediction
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