NYSE: HBM

Hudbay Minerals (HBM) Stock Analysis & Forecast

Sep 28 close

$26.87+0.24 (+0.9%)

Gekko Brief

AI summary

Hudbay Minerals this week announced an updated mine plan for its Snow Lake operations in Manitoba, extending the project's reserve life to 2043 and to 18 years, while enhancing its gold production profile and pointing to further growth potential from resource conversion and the Britannia Gold Project. Several unrelated headlines referencing "HBM" concern high-bandwidth memory chips from Samsung Electronics and Micron Technology and are not about Hudbay Minerals itself. Separately, coverage noted the stock combining growth with a technical setup described as high-quality, alongside a same-week close of $26.48.

Shares close at $26.87, up 0.9%, sitting above both the 50-day average of $26.36 and the 200-day average of $24.31, with the 50-day above the 200-day. The GekkoIndex reads 58.8, placing the stock in the Neutral zone. Price sits 3.4% above Gekko Fair Value of $25.98. Over the trailing year the stock has returned 92.5%, though the past month shows a decline of 11.5% amid three- and six-month gains of 13.5% and 37.9%.

The next earnings report is due 4 November 2026, 36 days out and beyond a typical 20-trading-day hold; the prior report on 29 July showed EPS of $0.28 against a $0.30 estimate, with a 4.5% reaction. No insider, Congress, or unusual options activity appears in the recent windows. Seasonality over five years shows the next 20 trading days averaging a 2.5% gain, positive in 4 of those years. The consensus analyst target stands at $34.94, implying 30% upside.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Hudbay Minerals price vs fair value

$26.87$25.98Sep ’25Mar ’26Sep ’26
Close $26.87200-day averageGekko Fair Value $25.98

Hudbay Minerals quick facts

Market cap
$11.93B
P/E ratio
16.3
Forward P/E
15.3
EPS, TTM
$1.63
Revenue, TTM
$2.47B
Profit margin
27.5%
Dividend yield
0.08%
Beta
2.31
Volume
4.73M avg 3.26M
1-year return
+92.5%
Typical daily move
±5%
Typical 20-day move
±9.9%
50-day average
$26.36
200-day average
$24.31
Next earnings
Nov 4
Shares outstanding
444.1M
52-week range
$13.91$32.15

Hudbay Minerals swing-trade checklist

Hudbay Minerals scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $26.87 is above the 50-day ($26.36) and 200-day ($24.31) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    58.8, Neutral

    Reading 58.8 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    3.4% above

    Price is within 5% of Gekko Fair Value (3.4% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +2.5% on average

    From this point in the calendar, the next 20 trading days averaged +2.5% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Hudbay Minerals stock chart and price history

Hudbay Minerals closed at $26.87 on Sep 28, 2026, +92.5% over the past year, inside a 52-week range of $13.91 to $32.15.

Close50-day average200-day averageVolume
Hudbay Minerals share price, past year, with 50-day and 200-day moving averages and volume$10$15$20$25$30NovDecJan 2026FebMarAprMayJunJulAugSep26.87

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−11.5%
3 months
+13.5%
6 months
+37.9%
1 year
+92.5%
The full HBM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HBM in Gekko

Follow Hudbay Minerals through every session

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About Hudbay Minerals

Hudbay Minerals operates as a diversified mining business, working through its subsidiaries to explore, extract, and sell both industrial and precious metals across North and South America. Its output includes copper concentrates, which yield gold and silver as byproducts, along with silver-gold doré, molybdenum concentrates, and metallic zinc, making copper and its associated precious metals a central part of what the company is known for.

The company runs three mining sites that produce multiple metals, supported by four processing facilities and a separate plant dedicated to zinc production. These operations are located in northern Manitoba and Saskatchewan in Canada, as well as in Cusco, Peru. Alongside its existing sites, Hudbay Minerals is working on copper projects in Arizona and Nevada in the United States, extending its footprint into new mining territory.

Hudbay Minerals traces its origins to 1927 and runs its operations from headquarters in Toronto, Canada. Its shares are listed on the NYSE under the ticker HBM.

Listed
NYSE
Sector
Non-energy minerals
Industry
Other metals/Minerals
Website
hudbayminerals.com

Hudbay Minerals GekkoIndex: the smart money zone

Hudbay Minerals’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 58.8, in the Neutral zone, up 0.8 points over five sessions.

010058.8Neutral

Up 0.8 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying25+3.7%+4.1%+10.9%+32.8%
Accumulation162+2.6%+6.5%+11.1%+23.0%
Neutral (current zone)385+1.1%+1.4%+3.5%+11.6%
Distribution99+1.2%+3.4%+7.6%+12.6%
Selling1Too few readings yet

Average HBM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the HBM price, zone by zone.Track HBM in Gekko

Is Hudbay Minerals stock overvalued? Gekko Fair Value

Hudbay Minerals trades 3.4% above Gekko Fair Value of $25.98, so the shares are about fair value on Gekko’s estimate.

Gekko’s own estimate of what Hudbay Minerals shares are worth, recalculated every trading day.

$25.98

Gekko Fair Value, Sep 29, 2026

3.4% above fair value · About fair value

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open HBM in Gekko

Hudbay Minerals insider and Congress trading

No open-market insider purchases were filed for Hudbay Minerals, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for HBM in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every HBM insider filing, plotted on the chart in Gekko.Open HBM in Gekko

Congress trades last 90 days

No trades in HBM were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for HBM, plotted on the chart in Gekko.Open HBM in Gekko

Buybacks

Hudbay Minerals has been buying back its own shares.

Bought back, quarter ended Jun 30, 2023
$188K
As a share of market cap
0.00%

From company filings.

Hudbay Minerals earnings: next date and track record

Hudbay Minerals reports on Nov 4, 2026 (36 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±7.4%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−0.5%Nov ’24−15.1%Feb ’25+12.3%May ’25+11.6%Aug ’25−4.4%Nov ’25+5.3%Feb ’26−5.8%May ’26+4.5%Jul ’26

Last earnings call, Jul 29, 2026 AI summary

What they said
Hudbay reported record trailing 12-month adjusted EBITDA of $1.3 billion in Q2 2026, driven by copper-gold diversification and cost discipline. Consolidated copper production reached 28,000 tonnes and gold production 51,000 ounces, with copper up quarter-over-quarter due to higher BC mill throughput. Industry-leading cash costs of negative $0.40/lb copper and sustaining costs of $1.39/lb were achieved. Key leadership changes include Eugene Lei promoted to President & CFO and Rob Carter appointed COO.
Guidance
Management confirmed full-year production guidance for all metals remains on track. No specific revenue or earnings targets were disclosed in this excerpt, but continued strong free cash flow generation and growth pipeline derisking are expected.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 29, 2026$0.28
est $0.30
−6.7%$631.3M
est $632.4M
−0.2%+4.5%
May 1, 2026$0.40
est $0.34
+17.6%$757.3M
est $684.7M
+10.6%−5.8%
Feb 20, 2026$0.22
est $0.41
−46.6%——+5.3%
Nov 12, 2025$0.03
est $0.06
−50.0%$346.8M
est $715.6M
−51.5%−4.4%
Aug 13, 2025$0.19
est $0.11
+72.7%$536.4M
est $561.4M
−4.5%+11.6%
May 12, 2025$0.24
est $0.10
+140.0%$594.9M
est $545.6M
+9.0%+12.3%
Feb 19, 2025$0.18
est $0.18
0.0%$584.9M
est $537.4M
+8.9%−15.1%
Nov 13, 2024$0.13
est $0.04
+217.1%$485.8M
est $627.6M
−22.6%−0.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Hudbay Minerals stock forecast and analyst price targets

Analysts’ average 12-month price target for Hudbay Minerals is $34.94, +30.0% from the last close.

$34.94consensus 12-month target, +30.0% from the last close
+3.5%average 20-day move after past Neutral readings
+2.5%average move over the next 20 trading days in the last 5 years
±5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Hudbay Minerals seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Hudbay Minerals averaged +2.5% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+16.4%2021+0.5%2022−10.1%2023+4.2%2024+1.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+1.5%4 of 5
Next 10 trading days+5.5%3 of 5
Next 15 trading days+2.8%3 of 5
Next 20 trading days+2.5%4 of 5
Next 30 trading days+8.6%4 of 5

For scale, HBM’s typical 20-trading-day move in either direction is about 9.9%.

Hudbay Minerals market cap and key statistics

Hudbay Minerals’s market cap is $11.93B, with a P/E ratio of 16.3 and revenue of $2.47B over the last twelve months.

Valuation

Market cap
$11.93B
P/E ratio
16.3
Forward P/E
15.3
EPS, TTM
$1.63
Gekko Fair Value
$25.98

Trading

Volume
4.73M
Avg volume, 20 days
3.26M
52-week high
$32.15
52-week low
$13.91
Shares outstanding
444.1M

Financials

Revenue, TTM
$2.47B
Profit margin
27.5%
Return on equity
16.7%
Quarterly earnings growth, YoY
+14.1%

Risk and income

Beta
2.31
Typical daily move
±5%
Typical 20-day move
±9.9%
Dividend yield
0.08%

Hudbay Minerals peers

Hudbay Minerals’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
SCCOSouthern Copper+2.9%Neutral35.2% above
FCXFreeport-McMoRan+3.2%Neutral11.3% above
CCJCameco+0.3%Accumulation2.5% below
TECKTeck Resources+1.7%Accumulation8.2% above
ATIATI−1.1%Accumulation9.0% below
CRSCarpenter Technology−1.5%Accumulation16.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Hudbay Minerals stock FAQ

What is Hudbay Minerals’s market cap?

Hudbay Minerals’s market cap is $11.93B at the Sep 28, 2026 close of $26.87, with 444.1M shares outstanding. The shares trade on a P/E ratio of 16.3.

What is the Hudbay Minerals stock forecast?

The consensus analyst 12-month price target for Hudbay Minerals is $34.94, +30.0% from the last close. Gekko doesn’t publish price predictions of its own.

Is Hudbay Minerals stock overvalued or undervalued?

On Gekko’s estimate Hudbay Minerals is about fair value: the Sep 28, 2026 close of $26.87 is 3.4% above Gekko Fair Value of $25.98. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Hudbay Minerals report earnings next?

Hudbay Minerals is expected to report on Nov 4, 2026 (36 days away). Analysts expect earnings of $0.35 per share on revenue of $754.9M. Hudbay Minerals beat the earnings estimate in 4 of its last 8 reports, moving 7.4% on average across the report.

What is Hudbay Minerals’s 52-week high and low?

Hudbay Minerals’s 52-week high is $32.15 and its 52-week low is $13.91; it closed at $26.87 on Sep 28, 2026, +92.5% over the past year.

Is Hudbay Minerals stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, earnings risk and seasonality), 2 as mixed (gekkoindex and fair value). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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