Hudbay Minerals Inc.

TSX:HBM Stock Report

Market Cap: CA$15.4b

Hudbay Minerals Dividends and Buybacks

Dividend criteria checks 0/6

Hudbay Minerals is a dividend paying company with a current yield of 0.099%. Next payment date is on 26th June, 2026 with an ex-dividend date of 9th June, 2026.

Key information

0.1%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield-0.2%
Future Dividend Yield0.08%
Dividend Growth0.4%
Next dividend pay date26 Jun 26
Ex dividend date09 Jun 26
Dividend per sharen/a
Payout ratio1%

Recent dividend and buyback updates

Recent updates

Analysis Article 5h

Hudbay Minerals (TSX:HBM) Stock Could Be 6.4% Undervalued After 5% Buyback Approval

Hudbay Minerals (TSX:HBM) has moved into focus after securing Toronto Stock Exchange approval for a normal course issuer bid to repurchase up to 5% of its common shares using cash flow from operations. See our latest analysis for Hudbay Minerals. Against this buyback backdrop, Hudbay Minerals has seen strong momentum, with a 90 day share price return of 38.59% and a one year total shareholder return of 196.82%. This indicates that recent gains build on already very large longer term...
Narrative Update Jun 06

HBM: Copper Upside Will Depend On Execution Of New Share Buyback Plan

Analysts have nudged their fair value estimate for Hudbay Minerals higher to CA$43.00 from CA$41.34, reflecting updated assumptions on discount rate, revenue growth, profit margins and future P/E after recent price target moves around the stock, including fresh Overweight ratings in broader sector research. Analyst Commentary Recent research coverage has focused on where Hudbay Minerals fits within broader metals and mining themes, as well as how its valuation compares with sector peers.
Narrative Update Apr 23

HBM: Copper Upside Will Rely On Arizona Sonoran Deal Execution

Analysts have nudged their Hudbay Minerals price targets higher by CA$4 to CA$13 in recent reports, citing updated metal price forecasts for 2026 and a constructive view on the planned Arizona Sonoran Copper acquisition as key drivers behind the change. Analyst Commentary Recent research coverage around Hudbay Minerals clusters around two main themes: updated metal price assumptions for 2026 and the planned acquisition of Arizona Sonoran Copper.
Narrative Update Apr 08

HBM: Copper Upside Will Depend On Arizona Sonoran Copper Acquisition

Analysts have slightly trimmed the fair value estimate for Hudbay Minerals, with the updated implied price target moving from about CA$41.74 to roughly CA$41.35 as they factor in higher projected revenue growth and profit margins, a modestly higher discount rate, and recent research highlighting both increased copper price assumptions and the pending acquisition of Arizona Sonoran Copper. Analyst Commentary Recent research on Hudbay Minerals has centered on updated metal price assumptions, higher copper price views, and the impact of the planned acquisition of Arizona Sonoran Copper.
Narrative Update Mar 24

HBM: Copper Expansion Will Depend On Arizona Sonoran Acquisition And New Ingerbelle Permits

Hudbay Minerals' fair value estimate has shifted higher to CA$41.74 from CA$40.67 as analysts factor in revised metal price assumptions, modestly stronger revenue growth and margins, a lower future P/E, and the planned acquisition of Arizona Sonoran Copper at CA$9.35 per share, as reflected in a series of recent price target updates and rating changes across the Street. Analyst Commentary Recent Street research around Hudbay Minerals centers on updated metal price assumptions, the proposed Arizona Sonoran Copper acquisition at CA$9.35 per share, and revised outlooks for growth and capital allocation.
Narrative Update Mar 09

HBM: Copper Expansion Will Rely On Arizona Sonoran Acquisition Execution

Analysts have lifted their Hudbay Minerals fair value estimate from CA$37.95 to CA$40.67, as they refresh assumptions on margins, P/E and metal price forecasts, and factor in the Arizona Sonoran Copper acquisition alongside a range of recent target changes across the Street. Analyst Commentary Recent research on Hudbay Minerals clusters around two main themes: the Arizona Sonoran Copper acquisition and refreshed views on copper pricing, with both feeding directly into updated targets and ratings.
Narrative Update Feb 23

HBM: Future Returns Will Balance Copper Expansion Progress And Long Dated Execution Risks

Analysts have raised their Hudbay Minerals price target by about CA$2, supported by updated assumptions that reflect a slightly lower discount rate, a modestly reduced revenue growth outlook, stronger expected profit margins, and a lower forward P/E multiple. Analyst Commentary Recent Street research on Hudbay Minerals shows a mix of optimism and caution, with several firms adjusting price targets and ratings in different directions.
Narrative Update Feb 06

HBM: Future Returns Will Reflect Copper Expansion And Long Dated Execution Risks

Analysts have raised their fair value estimate for Hudbay Minerals from about $32.92 to roughly $36.19. The change reflects updated assumptions for revenue growth, profit margins, and a higher future P/E multiple informed by recent research that includes several price target increases and a downgrade.
New Narrative Jan 31

Copper World Risks And Cost Pressures Will Weigh On Long Term Outlook

Catalysts About Hudbay Minerals Hudbay Minerals is a diversified Americas focused mining company producing copper, gold and other metals from operations in Canada, Peru and British Columbia, with a large growth project at Copper World in the United States. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 23

HBM: Future Returns Will Reflect Critical Status And Long Dated Copper Execution Risks

Hudbay Minerals' analyst price targets have moved higher, with the fair value estimate rising by about $5 to $32.92, as analysts factor in updated growth and profitability assumptions, alongside a series of recent Buy ratings and target hikes from major firms. Analyst Commentary Recent Street research on Hudbay Minerals has centered on refreshed models, higher price targets in both Canadian dollars and U.S. dollars, and new or resumed positive coverage.
Narrative Update Jan 08

HBM: Future Returns Will Reflect Critical Copper Status And Execution Risks

Narrative Update: Hudbay Minerals The analyst price target for Hudbay Minerals edges higher in our model from $27.36 to $27.77, reflecting analysts' updated views on the company's diversified copper profile, refreshed metals price forecasts, and recent rounds of price target increases across several firms. Analyst Commentary Recent Street research on Hudbay Minerals centers on higher price targets in both U.S. dollar and Canadian dollar terms, alongside views on its copper exposure and project pipeline.
Analysis Article Jan 08

Hudbay Minerals Inc.'s (TSE:HBM) Shares May Have Run Too Fast Too Soon

It's not a stretch to say that Hudbay Minerals Inc.'s ( TSE:HBM ) price-to-earnings (or "P/E") ratio of 18.2x right now...
Narrative Update Dec 20

HBM: Future Returns Will Reflect Critical Copper Status Amid Macro Uncertainty

Analysts have modestly raised their fair value estimate for Hudbay Minerals to approximately $27.36 from about $26.90, reflecting updated models that factor in recent Q3 results, refreshed metals price forecasts, and a more constructive long term outlook, despite a challenging macro backdrop. Analyst Commentary Recent Street research reflects a broadly constructive stance on Hudbay Minerals, with a series of price target increases in both U.S. dollar and Canadian dollar terms.
Narrative Update Dec 06

HBM: Future Returns Will Benefit From Critical Copper And Gold Cash Flow

Analysts have modestly raised their price target for Hudbay Minerals, increasing it from approximately $26.20 to $26.90 per share, citing refreshed metals price forecasts, resilient demand in North America and Europe, and improved free cash flow and margin expectations despite a challenging macro backdrop. Analyst Commentary Recent Street research reflects a firmly constructive stance on Hudbay Minerals, with multiple bullish analysts lifting their price targets and reiterating positive ratings as they update models for commodity price assumptions and recent operating results.
Narrative Update Nov 22

HBM: Future Returns Will Benefit From Critical Minerals Sector Momentum

Hudbay Minerals’ analyst price target has risen to approximately $26.20 from $25.13, reflecting analysts’ increased expectations for revenue growth and profit margins following recent quarterly results and revised commodities forecasts. Analyst Commentary Recent Street research has seen analysts significantly raise their price targets for Hudbay Minerals, reflecting optimistic assessments regarding the company’s financial trajectory, market exposure, and commodity price tailwinds.
Narrative Update Nov 08

HBM: Future Performance Will Depend On Commodity Prices And Project Execution

Hudbay Minerals' analyst price target has been raised from approximately $24.31 to $25.13. Analysts cite stronger commodity price forecasts and improved growth expectations as key drivers of the upward revision.
Narrative Update Oct 25

Copper And Gold Upside Will Drive Stronger Returns Amid Expanding Output

The analyst price target for Hudbay Minerals has increased from $21.79 to $24.31. This reflects analyst optimism around expected higher gold and silver prices, along with improved growth and margin assumptions.
Narrative Update Oct 11

Mitsubishi Collaboration And Copper World Will Expand North American Production

Hudbay Minerals' analyst price target has increased markedly, rising from C$19.25 to C$21.79. Analysts cite stronger commodity exposure and improved cash flow prospects as key factors supporting a more optimistic outlook.
Narrative Update Sep 27

Mitsubishi Collaboration And Copper World Will Expand North American Production

Analysts have raised Hudbay Minerals' price target from CA$18.62 to CA$19.25, citing greater confidence in management’s growth strategy, robust gold and copper exposure, and expectations for strong free cash flow amid improving operational execution and favorable commodity price trends. Analyst Commentary Bullish analysts highlight Hudbay Minerals' strong exposure to gold and copper, commodities with favorable outlooks, especially in stable jurisdictions.
Narrative Update Sep 12

Mitsubishi Collaboration And Copper World Will Expand North American Production

Hudbay Minerals’ consensus price target has risen to CA$18.62 as analysts become more bullish due to the company’s attractive gold and copper exposure, improved operational performance, and robust free cash flow outlook, underpinned by favorable commodity prices. Analyst Commentary Bullish analysts cite Hudbay’s diversified commodity exposure, particularly to gold (viewed favorably in the current macro environment) and copper in stable jurisdictions.
Narrative Update Aug 16

Mitsubishi Collaboration And Copper World Will Expand North American Production

Hudbay Minerals’ analyst target price has been revised upward from CA$16.81 to CA$17.87, primarily due to improved copper price outlooks, stronger operational performance, progress on debt reduction and resource expansion, and continued cost discipline. Analyst Commentary Bullish analysts cite improved copper price outlooks as a key factor driving higher price targets.
User avatar
New Narrative Feb 20

Advancement Of Copper World Project Will Significantly Boost Future Copper Production

Exploration and optimization efforts in key regions could extend mineralization, stabilize production, and positively impact future revenues and earnings.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HBM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are stable.

Growing Dividend: HBM is not paying a notable dividend for the Canadian market, therefore no need to check if payments are increasing.


Dividend Yield vs Market

Hudbay Minerals Dividend Yield vs Market
How does HBM dividend yield compare to the market?
SegmentDividend Yield
Company (HBM)0.1%
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.4%
Industry Average (Metals and Mining)1.5%
Analyst forecast (HBM) (up to 3 years)0.08%

Notable Dividend: HBM's dividend (0.099%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.67%).

High Dividend: HBM's dividend (0.099%) is low compared to the top 25% of dividend payers in the Canadian market (5.38%).


Earnings Payout to Shareholders

Earnings Coverage: HBM is not paying a notable dividend for the Canadian market.


Cash Payout to Shareholders

Cash Flow Coverage: HBM is not paying a notable dividend for the Canadian market.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/15 16:32
End of Day Share Price 2026/06/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hudbay Minerals Inc. is covered by 37 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Stefan IoannouATB Cormark
Farooq HamedBarclays