
Hudbay Minerals (HBM) Stock Forecast & Price Target
Hudbay Minerals (HBM) Analyst Ratings
Bulls say
Hudbay Minerals Inc. is poised for growth due to an improved political climate favoring increased copper production in the U.S., despite some ongoing local opposition and permit appeals. The company's net asset value per share estimate reflects a 5% increase to C$15.51, indicating strong financial health and positive market sentiment. Additionally, high copper and gold grades from the Pampacancha deposit are expected to drive significant free cash flow over the next 18 months, alongside enhancements in operational performance from integration efforts at Copper Mountain.
Bears say
Hudbay Minerals faces a negative outlook primarily due to the potential decline in copper prices, projected to fall to $3.50 per pound in the long term, which negatively impacts revenue generation as more than half of the company's income derives from copper. The intrinsic valuation of the shares may reduce to 1.0 times net asset value (NAV) and 4.0 times the estimated 2025 EBITDA, indicating a significant decline in investor confidence. Additionally, external factors such as world economic growth, commodity prices, and currency fluctuations could adversely affect revenue, while rising energy prices and environmental regulations may substantially increase operating costs.
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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