Jupiter Asset Management Ltd. Acquires New Shares in HudBay Minerals Inc $HBM

Jupiter Asset Management Ltd. bought a new stake in shares of HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) during the third quarter, Holdings Channel.com reports. The fund bought 34,631 shares of the mining company’s stock, valued at approximately $525,000.

A number of other large investors have also recently made changes to their positions in the stock. Triasima Portfolio Management inc. purchased a new stake in HudBay Minerals during the 3rd quarter worth about $8,057,000. Campbell & CO Investment Adviser LLC purchased a new position in HudBay Minerals during the 3rd quarter valued at about $1,454,000. L1 Capital Pty Ltd increased its position in shares of HudBay Minerals by 4.4% during the second quarter. L1 Capital Pty Ltd now owns 15,054,087 shares of the mining company’s stock valued at $159,864,000 after buying an additional 630,703 shares during the period. Precision Wealth Strategies LLC bought a new stake in shares of HudBay Minerals during the third quarter valued at about $855,000. Finally, Franklin Resources Inc. lifted its holdings in shares of HudBay Minerals by 7.9% in the second quarter. Franklin Resources Inc. now owns 833,163 shares of the mining company’s stock worth $8,844,000 after buying an additional 60,942 shares in the last quarter. 57.82% of the stock is owned by institutional investors.

HudBay Minerals Stock Performance

HudBay Minerals stock opened at $25.00 on Monday. HudBay Minerals Inc has a fifty-two week low of $5.95 and a fifty-two week high of $28.74. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.97. The stock has a market cap of $9.92 billion, a P/E ratio of 17.48 and a beta of 1.33. The firm’s fifty day moving average price is $22.84 and its 200-day moving average price is $17.54.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last announced its earnings results on Friday, February 20th. The mining company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.18). HudBay Minerals had a return on equity of 9.16% and a net margin of 25.71%.The company had revenue of $732.90 million during the quarter, compared to analysts’ expectations of $730.13 million. During the same quarter last year, the firm posted $0.18 earnings per share. The firm’s revenue was up 25.3% on a year-over-year basis. On average, equities research analysts expect that HudBay Minerals Inc will post 0.79 earnings per share for the current fiscal year.

HudBay Minerals Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 27th. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.01 per share. The ex-dividend date is Tuesday, March 10th. This represents a dividend yield of 8.0%. HudBay Minerals’s dividend payout ratio is 0.86%.

HudBay Minerals News Summary

Here are the key news stories impacting HudBay Minerals this week:

• Positive Sentiment: Received key permit amendments for the New Ingerbelle expansion at the Copper Mountain mine — permits (Mines Act and Environmental Management Act) were issued via B.C.’s Major Mines Office, extending mine life, lifting copper/gold production profile and protecting ~800 jobs, which strengthens project optionality and long‑term cash flow visibility. Hudbay Receives New Ingerbelle Expansion Permits for Copper Mountain
• Positive Sentiment: Posted record fourth-quarter and full-year 2025 results and confirmed 2026 production/cost guidance — achievement of consolidated copper and gold production and cost targets supports forward margin expectations and underpins the company’s growth narrative. Hudbay Delivers Record Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Third‑party valuation/analysis notes the stock has run up materially over multiple years and is worth re‑assessing — useful for investors considering whether current valuation already reflects the recent operational gains. Assessing Hudbay Minerals (TSX:HBM) Valuation After A Strong Multi Year Share Price Surge
• Negative Sentiment: Quarterly EPS missed consensus — reported $0.22 EPS vs. Street estimates (Zacks cited $0.40 / Marketbeat cited $0.30), though revenue rose ~25% YoY; the EPS shortfall is pressuring near‑term sentiment despite underlying revenue and margin strength. HudBay Minerals (HBM) Misses Q4 Earnings and Revenue Estimates
• Negative Sentiment: Zacks downgraded the stock from “strong-buy” to “hold” — analyst rating changes can amplify short-term selling or slow further multiple expansion even as operational news is positive. Zacks Research downgrade

Analyst Upgrades and Downgrades

HBM has been the topic of a number of analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of HudBay Minerals in a report on Monday, January 26th. UBS Group initiated coverage on shares of HudBay Minerals in a research report on Thursday, January 8th. They set a “buy” rating for the company. Jefferies Financial Group reiterated a “buy” rating on shares of HudBay Minerals in a research report on Sunday, December 7th. Weiss Ratings raised HudBay Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th. Finally, Citigroup upped their target price on HudBay Minerals from $23.00 to $32.50 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, HudBay Minerals currently has a consensus rating of “Buy” and a consensus target price of $26.00.

HudBay Minerals Profile

HudBay Minerals Inc is a Canada-based mining company engaged in the exploration, development and production of base and precious metals. Its primary products include copper, zinc, gold and silver concentrates, which are sold to smelters and refiners worldwide. The company’s operations span multiple stages of the mining cycle, from resource definition and feasibility studies to mine construction, extraction and reclamation.

The company traces its roots back to 1927, when it was established as Hudson Bay Mining & Smelting Co Limited.