Is HBM a good stock to buy right now?

Based on our 6-factor quantitative model, Hudbay Minerals Inc. (HBM) receives a "Hold" rating with a composite score of 54.1/100. It is ranked #1,331 out of 4,446 stocks. Key factor scores: Quality 37/100, Value 68/100, Momentum 83/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for HBM?

Hudbay Minerals Inc. (HBM) has a "Hold" rating and 3-star score. The composite score of 54.1 ranks it #1,331 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is HBM in?

Hudbay Minerals Inc. operates in the Materials sector (Non-Metallic And Industrial Metal Mining industry) with a market cap of $8.73 billion. It is classified as a mid-cap stock.

Does HBM pay a dividend?

HBM does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is HBM's P/E ratio?

HBM has a trailing P/E ratio of 117.35x. The Materials sector average is 26.5x. This above-average P/E reflects growth expectations or premium valuation.

How profitable is HBM?

HBM's quality factor score is 37/100. Gross margin: 27.4%. ROE: 10.6% vs sector average 3.3%. Margins are moderate to low, reflecting competitive market dynamics.

How is HBM valued compared to peers?

HBM's value factor score is 68/100 (higher = cheaper). Key multiples: P/E 117.3x, EV/EBITDA 3.3x. The stock appears attractively valued versus peers.

What is HBM's debt level?

HBM's debt-to-equity ratio is 45%. Sector average: 41%. Low leverage suggests conservative financial management.

HBM has a beta of 1.69, meaning it amplifies market moves. Stability score: 39/100.

Does HBM have high short interest?

HBM's short interest factor score is 36/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

HBM Stock Analysis: Top Mid-Cap Hold (Score 54.1/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
HBM	+3.66%	+12.43%	+5.64%	+22.57%	+273.16%	-	-	-
Industry Proxy XLB	+0.56%	+3.07%	+4.17%	+14.58%	-33.54%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+3.73%	+8.83%	+5.31%	+22.93%	+243.63%	-	-	-
Alpha vs Sector	+3.10%	+9.36%	+1.47%	+7.99%	+306.70%	-	-	-

Metric	HBM	Benchmark
P/E Ratio	117.3x	+343%
EV/EBITDA	3.3x	-44%
Price / Book	3.4x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
CF CF Industries Holdings, Inc.	57	50	72	66	12.5x	21.1%	36.2%	24.9%	5.5%	41.0x	$19.7B	VS
NTR Nutrien Ltd.	57	37	70	64	53.5x	11.5%	29.0%	2.7%	-	52.0x	$35.9B	VS
UAN CVR PARTNERS, LP	56	50	71	67	12.2x	42.4%	28.5%	17.8%	23.1%	265.0x	$1.3B	VS
HBM Hudbay Minerals Inc.	54	37	68	83	117.4x	10.6%	27.4%	3.4%	19.6%	45.0x	$8.7B
LXU LSB INDUSTRIES, INC.	54	50	54	73	39.7x	-3.3%	8.6%	-4.5%	11.0%	85.0x	$1.1B	VS
AA Alcoa Corp	54	50	61	71	19.0x	16.6%	10.0%	8.0%	3.1%	40.0x	$19.0B	VS
MEOH METHANEX CORP	53	34	76	72	23.8x	47.8%	19.1%	6.7%	-	149.0x	$4.6B	VS
NGVT Ingevity Corp	53	50	68	66	53.4x	-638.7%	38.1%	-12.1%	-14.7%	5,459.0x	$2.5B	VS
SEE SEALED AIR CORP/DE	52	50	67	59	11.2x	44.7%	30.2%	10.4%	0.5%	318.0x	$6.2B	VS
ACU ACME UNITED CORP	51	50	71	51	15.9x	9.0%	39.4%	5.2%	-11.5%	45.0x	$171M	VS
APD Air Products & Chemicals, Inc.	51	50	49	50	176.7x	2.4%	31.6%	2.2%	3.9%	114.0x	$64.4B	VS

Key Ratio	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
Gross Margin %	0.3%	0.3%	0.2%	0.2%	0.1%	0.0%	0.1%	0.3%	0.3%	0.2%
Operating Margin %	0.2%	0.2%	0.2%	0.1%	0.0%	-0.0%	-0.2%	0.2%	0.3%	0.2%
EBITDA Margin %	0.3%	0.3%	0.4%	0.3%	0.1%	0.2%	-0.0%	0.4%	0.3%	0.4%
Net Margin %	0.0%	0.0%	0.0%	0.0%	-0.2%	-0.1%	-0.3%	0.1%	0.1%	-0.0%
FCF Margin %	25.6%	25.6%	-35.0%	2.1%	-7.9%	4.4%	4.2%	19.6%	20.7%	25.0%
ROE %	0.1%	0.0%	0.0%	0.0%	-0.2%	-0.1%	-0.2%	0.0%	0.1%	-0.0%
ROA %	0.0%	0.0%	0.0%	0.0%	-0.1%	-0.0%	-0.1%	0.0%	0.0%	-0.0%
ROIC %	10.0%	10.0%	7.4%	6.6%	0.6%	-1.2%	-9.2%	8.9%	10.1%	4.6%

Key Ratio

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

Gross Margin %

0.3%

0.2%

0.1%

0.0%

0.1%

0.3%

0.2%

Operating Margin %

0.2%

0.1%

0.0%

-0.0%

-0.2%

0.2%

0.3%

0.2%

EBITDA Margin %

0.3%

0.4%

0.3%

0.1%

0.2%

-0.0%

0.4%

0.3%

0.4%

Net Margin %

0.0%

-0.2%

-0.1%

-0.3%

0.1%

-0.0%

FCF Margin %

25.6%

-35.0%

2.1%

-7.9%

4.4%

4.2%

19.6%

20.7%

25.0%

ROE %

0.1%

0.0%

-0.2%

-0.1%

-0.2%

0.0%

0.1%

-0.0%

ROA %

0.0%

-0.1%

-0.0%

-0.1%

0.0%

-0.0%

ROIC %

10.0%

7.4%

6.6%

0.6%

-1.2%

-9.2%

8.9%

10.1%

4.6%

Line Item	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016
	$2.0B	$2.0B	$1.7B	$1.5B	$1.5B	$1.1B	$1.2B	$1.5B	$1.4B	$1.1B
	$554M	$554M	$393M	$277M	$131M	$39M	$152M	$374M	$409M	$223M
Gross Margin	27.4%	27.4%	23.2%	18.9%	8.7%	3.6%	12.3%	25.4%	29.2%	19.8%
	—	$371M	$393M	$339M	$287M	$364M	$347M	$240M	$209M	$299M
	$400M	$400M	$297M	$214M	$18M	-$37M	-$289M	$299M	$353M	$170M
EBIT	$264M	$400M	$297M	$214M	$18M	-$37M	-$289M	$299M	$353M	$170M
EBITDA	$693M	$693M	$621M	$503M	$159M	$267M	-$38M	$648M	$379M	$469M
Operating Margin	19.8%	19.8%	17.6%	14.7%	1.2%	-3.4%	-23.3%	20.3%	25.1%	15.0%
EBITDA Margin	34.3%	34.3%	36.8%	34.4%	10.6%	24.5%	-3.1%	44.0%	27.0%	41.6%
	—	$70M	$76M	$68M	$75M	$83M	$68M	$152M	—	$167M
	—	$184M	$82M	$25M	$42M	-$35M	-$109M	$85M	$33M	$41M
	$68M	$68M	$70M	$70M	-$244M	-$145M	-$344M	$85M	$140M	-$35M
Net Margin	3.4%	3.4%	4.1%	4.8%	-16.3%	-13.2%	-27.8%	5.8%	10.0%	-3.1%
	$0.20	$0.20	$0.22	$0.27	$-0.93	$-0.55	$-1.32	$0.33	$0.57	$-0.15
Diluted EPS	$0.20	$0.20	$0.22	$0.27	$-0.93	$-0.55	$-1.32	$0.33	$0.57	$-0.15

Line Item

TTM

2024

2023

2022

2021

2020

2019

2018

2017

2016

$2.0B

$1.7B

$1.5B

$1.1B

$1.2B

$1.5B

$1.4B

$1.1B

$554M

$393M

$277M

$131M

$39M

$152M

$374M

$409M

$223M

Gross Margin

27.4%

23.2%

18.9%

8.7%

3.6%

12.3%

25.4%

29.2%

19.8%

—

$371M

$393M

$339M

$287M

$364M

$347M

$240M

$209M

$299M

$400M

$297M

$214M

$18M

-$37M

-$289M

$299M

$353M

$170M

EBIT

$264M

$400M

$297M

$214M

$18M

-$37M

-$289M

$299M

$353M

$170M

EBITDA

$693M

$621M

$503M

$159M

$267M

-$38M

$648M

$379M

$469M

Operating Margin

19.8%

17.6%

14.7%

1.2%

-3.4%

-23.3%

20.3%

25.1%

15.0%

EBITDA Margin

34.3%

36.8%

34.4%

10.6%

24.5%

-3.1%

44.0%

27.0%

41.6%

—

$70M

$76M

$68M

$75M

$83M

$68M

$152M

—

$167M

—

$184M

$82M

$25M

$42M

-$35M

-$109M

$85M

$33M

$41M

$68M

$70M

-$244M

-$145M

-$344M

$85M

$140M

-$35M

Net Margin

3.4%

4.1%

4.8%

-16.3%

-13.2%

-27.8%

5.8%

10.0%

-3.1%

$0.20

$0.22

$0.27

$-0.93

$-0.55

$-1.32

$0.33

$0.57

$-0.15

Diluted EPS

$0.20

$0.22

$0.27

$-0.93

$-0.55

$-1.32

$0.33

$0.57

$-0.15

Hudbay Minerals Inc. (HBM) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does Hudbay Minerals Inc. Do?

Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada. Hudbay Minerals Inc. (HBM) is classified as a mid-cap stock in the Materials sector, specifically within the Non-Metallic And Industrial Metal Mining industry. The company is led by CEO Peter G. J. Kukielski and employs approximately 2,500 people, headquartered in Toronto, Ontario. With a market capitalization of $8.7B, HBM is one of the notable companies in the Materials sector.

Hudbay Minerals Inc. (HBM) Stock Rating — Hold (April 2026)

As of April 2026, Hudbay Minerals Inc. receives a Hold rating with a composite score of 54.1/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.HBM ranks #1,331 out of 4,446 stocks in our coverage universe. Within the Materials sector, Hudbay Minerals Inc. ranks #86 of 284 stocks, placing it in the upper half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

HBM Stock Price and 52-Week Range

Hudbay Minerals Inc. (HBM) currently trades at $24.05. The stock gained $0.58 (2.5%) in the most recent trading session. The 52-week high for HBM is $28.74, which means the stock is currently trading -16.3% from its annual peak. The 52-week low is $5.95, putting the stock 304.2% above its annual trough. Recent trading volume was 2.4M shares, reflecting moderate market activity.

Is HBM Overvalued or Undervalued? — Valuation Analysis

Hudbay Minerals Inc. (HBM) carries a value factor score of 68/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 117.35x, compared to the Materials sector average of 26.50x — a premium of 343%. The price-to-book ratio stands at 3.39x, versus the sector average of 2.83x. The price-to-sales ratio is 1.07x, compared to 0.74x for the average Materials stock. On an enterprise value basis, HBM trades at 3.34x EV/EBITDA, versus 6.01x for the sector. The EV/EBIT multiple is 35.05x.

Overall, HBM's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

Hudbay Minerals Inc. Profitability — ROE, Margins, and Quality Score

Hudbay Minerals Inc. (HBM) earns a quality factor score of 37/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 10.6%, compared to the Materials sector average of 3.3%, which is within a healthy range. Return on assets (ROA) comes in at 4.9% versus the sector average of 0.6%.

On a margin basis, Hudbay Minerals Inc. reports gross margins of 27.4%, compared to 29.8% for the sector. The operating margin is 19.8% (sector: 6.0%). Net profit margin stands at 3.4%, versus 3.0% for the average Materials stock. Revenue growth is running at 19.6% on a trailing basis, compared to 1.8% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

HBM Debt, Balance Sheet, and Financial Health

Hudbay Minerals Inc. has a debt-to-equity ratio of 45.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $1.14B. Cash and equivalents stand at $542M.

HBM has a beta of 1.69, meaning it is more volatile than the broader market — a $10,000 investment in HBM would be expected to move 69.4% more than the S&P 500 on any given day. The stability factor score for Hudbay Minerals Inc. is 39/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Hudbay Minerals Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Hudbay Minerals Inc. reported revenue of $2.02B and earnings per share (EPS) of $0.20. Net income for the quarter was $68M. Gross margin was 27.4%. Operating income came in at $400M.

In FY 2024, Hudbay Minerals Inc. reported revenue of $2.02B and earnings per share (EPS) of $0.20. Net income for the quarter was $68M. Gross margin was 27.4%. Revenue grew 19.6% year-over-year compared to FY 2023. Operating income came in at $400M.

In FY 2023, Hudbay Minerals Inc. reported revenue of $1.69B and earnings per share (EPS) of $0.22. Net income for the quarter was $70M. Gross margin was 23.2%. Revenue grew 15.6% year-over-year compared to FY 2022. Operating income came in at $297M.

In FY 2022, Hudbay Minerals Inc. reported revenue of $1.46B and earnings per share (EPS) of $0.27. Net income for the quarter was $70M. Gross margin was 18.9%. Revenue grew -2.7% year-over-year compared to FY 2021. Operating income came in at $214M.

Over the past 8 quarters, Hudbay Minerals Inc. has demonstrated a growth trajectory, with revenue expanding from $1.47B to $2.02B. Investors analyzing HBM stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

HBM Dividend Yield and Income Analysis

Hudbay Minerals Inc. (HBM) does not currently pay a dividend. This is common among smaller companies in the Non-Metallic And Industrial Metal Mining industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

HBM Momentum and Technical Analysis Profile

Hudbay Minerals Inc. (HBM) has a momentum factor score of 83/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 47/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 36/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

HBM vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, Hudbay Minerals Inc. (HBM) ranks #86 out of 284 stocks based on the Blank Capital composite score. This places HBM in the upper half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing HBM against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full HBM vs S&P 500 (SPY) comparison to assess how Hudbay Minerals Inc. stacks up against the broader market across all factor dimensions.

HBM Next Earnings Date

No upcoming earnings date has been announced for Hudbay Minerals Inc. (HBM) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy HBM? — Investment Thesis Summary

Hudbay Minerals Inc. presents a balanced picture with arguments on both sides. The quality score of 37/100 flags below-average profitability. The value score of 68/100 suggests attractive pricing relative to fundamentals. Price momentum is positive at 83/100, suggesting the trend favors buyers. High volatility (stability score 39/100) increases portfolio risk.

In summary, Hudbay Minerals Inc. (HBM) earns a Hold rating with a composite score of 54.1/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on HBM stock.

Related Resources for HBM Investors

Explore more research and tools: HBM vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare HBM head-to-head with peers: HBM vs CF, HBM vs NTR, HBM vs UAN.

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Hudbay Minerals Inc. (HBM) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does Hudbay Minerals Inc. Do?

Hudbay Minerals Inc. (HBM) Stock Rating — Hold (April 2026)

HBM Stock Price and 52-Week Range

Is HBM Overvalued or Undervalued? — Valuation Analysis

Hudbay Minerals Inc. Profitability — ROE, Margins, and Quality Score

HBM Debt, Balance Sheet, and Financial Health

Hudbay Minerals Inc. Revenue and Earnings History — Quarterly Trend

HBM Dividend Yield and Income Analysis

HBM Momentum and Technical Analysis Profile

HBM vs Competitors — Materials Sector Ranking and Peer Comparison

HBM Next Earnings Date

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