<div id="readability-page-1"><p>HudBay Minerals Inc (NYSE:HBM - Get Free Report) <span>TSE: HBM<span></span></span> hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $19.30 and last traded at $18.8540, with a volume of 4998076 shares changing hands. The stock had previously closed at $18.68.</p><div><p><span></span><span>Get <strong>HudBay Minerals</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><ul><li>Top Growth Picks: 3 Low-Cost Stocks That Could Double in Value</li></ul><p>A number of research analysts recently issued reports on HBM shares. Scotiabank  restated an &#34;outperform&#34; rating on shares of HudBay Minerals in a research note on Tuesday, October 28th. Wall Street Zen downgraded HudBay Minerals from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Saturday, November 15th. Raymond James Financial  restated an &#34;outperform&#34; rating on shares of HudBay Minerals in a research report on Friday, October 10th. Citigroup initiated coverage on shares of HudBay Minerals in a report on Monday. They issued a &#34;buy&#34; rating and a $23.00 target price on the stock. Finally, Zacks Research cut shares of HudBay Minerals from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued  a Buy rating and one  has assigned  a Hold rating to the stock. According to MarketBeat, HudBay Minerals  has a consensus rating of &#34;Buy&#34; and an average target price of $21.25.</p><p><b>Get Our Latest Research Report on HBM</b></p><h2>HudBay Minerals Stock Up 0.9%</h2><ul><li>3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off</li></ul><p>The company has a market capitalization of $7.47 billion, a PE ratio of 16.25 and a beta of 1.39. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The firm has a 50 day simple moving average of $16.45 and a two-hundred day simple moving average of $13.06. </p><p>HudBay Minerals (NYSE:HBM - Get Free Report) <span>TSE: HBM<span></span></span> last released its quarterly earnings results on Wednesday, November 12th. The mining company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.03). HudBay Minerals had a return on equity of 8.89% and a net margin of 22.38%.The company had revenue of $346.80 million for the quarter, compared to analysts' expectations of $538.16 million. During the same quarter last year, the company earned $0.13 EPS. HudBay Minerals's revenue for the quarter was down 28.6% compared to the same quarter last year.  Research analysts expect that  HudBay Minerals Inc will post 0.79 EPS for the current year. </p><h2>Institutional Trading of HudBay Minerals</h2><p>Several hedge funds and other institutional investors have recently made changes to their positions in HBM. Allworth Financial LP raised its holdings in  HudBay Minerals by 107.9% during the third quarter. Allworth Financial LP now owns 1,990 shares of the mining company's stock worth $30,000 after purchasing an additional 1,033 shares in the last quarter.  Quarry LP purchased a new stake in  HudBay Minerals in the 3rd quarter valued at approximately $38,000.  Global Retirement Partners LLC acquired a new position in  HudBay Minerals during the 3rd quarter worth approximately $45,000.  IFP Advisors Inc purchased a new position in shares of  HudBay Minerals during the 3rd quarter worth approximately $45,000.  Finally, Banque Cantonale Vaudoise raised its stake in shares of  HudBay Minerals by 513.5% during the 3rd quarter. Banque Cantonale Vaudoise now owns 3,172 shares of the mining company's stock worth $48,000 after buying an additional 2,655 shares in the last quarter. Hedge funds and other institutional investors own  57.82% of the company's stock. </p><h2>HudBay Minerals Company Profile</h2> (Get Free Report)<p>Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.</p><h2>See Also</h2><ul><li>Five stocks we like better than HudBay Minerals</li><li>Should You Add These Warren Buffett Stocks to Your Portfolio?</li><li>ServiceNow’s $7 Billion Gamble: Panic or Opportunity?</li><li>10 Best Airline Stocks to Buy</li><li>Dell and HP Are Raising Prices—And Investors Should Take Note</li><li>Investing in Commodities: What Are They? How to Invest in Them</li><li>Why DLocal Is the Top Emerging Market Fintech Stock to Watch for 2026</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in HudBay Minerals Right Now?</h2><p>Before you consider HudBay Minerals, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HudBay Minerals wasn't on the list.</p><p>While HudBay Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>HudBay Minerals (NYSE:HBM) reached a new 52-week high, trading as high as $19.30. The stock has a consensus rating of 'Buy' with an average target price of $21.25. The company reported quarterly earnings of $0.03 per share, missing estimates, with revenue down 28.6% year-over-year. Institutional investors own 57.82% of the stock. HudBay Minerals focuses on mining operations in North and South America, producing various metal concentrates.</p>

HudBay Minerals (NYSE:HBM) Hits New 1-Year High - Here's What Happened