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Hudbay Minerals Inc. stock has reached a new 52-week high, hitting a price of 14.54 USD. With a market capitalization of $5.6 billion, the mining company has shown impressive momentum, delivering a 75.1% year-to-date return and a remarkable 54.08% increase over the past year. According to InvestingPro data, analysts maintain a Strong Buy consensus on the stock. This surge underscores investor confidence and positive market sentiment surrounding Hudbay Minerals, as the company continues to navigate the mining sector’s challenges and opportunities. The stock’s performance has been notable, with InvestingPro analysis indicating a GREAT financial health score and consistent dividend payments for 16 consecutive years. The stock currently appears fairly valued based on InvestingPro’s Fair Value analysis, with additional insights available in the comprehensive Pro Research Report, one of 1,400+ detailed company analyses available to subscribers.
In other recent news, Hudbay Minerals reported its Q2 2025 earnings, surpassing analyst expectations with an adjusted earnings per share (EPS) of $0.19, compared to the forecasted $0.11. The company also recorded revenue of $536.4 million, slightly above the anticipated $534.39 million. In a strategic move, Hudbay announced a partnership with Mitsubishi Corporation, which will acquire a 30% stake in Hudbay’s Copper World project in Arizona. Additionally, RBC Capital raised its price target for Hudbay Minerals to C$19.00 from C$17.00, maintaining an Outperform rating on the stock. Goldman Sachs initiated coverage on Hudbay with a Buy rating and a price target of C$19.30, suggesting a 10% upside potential. Hudbay also appointed Laura Tyler, a former BHP executive, to its Board of Directors, bringing her extensive industry experience to the company. These developments reflect a period of significant activity for Hudbay Minerals.
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