
Hudbay Minerals (HBM) Stock Forecast & Price Target
Hudbay Minerals (HBM) Analyst Ratings
Bulls say
Hudbay Minerals Inc. is positioned favorably due to an improving political climate in the United States that favors increased copper production, despite some local opposition and ongoing permit appeals. The company's net asset value per share (NAVPS) estimate has risen to C$15.51, reflecting a 5% increase from prior estimates, indicating a positive trend in financial metrics. Additionally, high copper and gold grades from the Pampacancha deposit are expected to contribute significantly to free cash flow over the next 18 months, further enhancing the company's operational performance.
Bears say
Hudbay Minerals Inc is facing a negative outlook primarily due to a projected decline in copper prices, potentially dropping to $3.50 per pound in the long term, which would adversely impact the company's revenue. Additionally, the shares may trade down to 1.0 times net asset value (NAV) and 4.0 times estimated EBITDA for 2025, raising concerns regarding valuation. The company's financial stability could further be jeopardized by external factors such as global economic growth, commodity price volatility, and fluctuating energy costs, which could significantly affect operating expenses.
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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