Hudbay Minerals Inc. (HBM) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Hudbay Minerals Inc. (HBM) stock forecast summary
On Oct. 16, 2026, HBM is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
Hudbay Minerals Inc. is a large-cap company with a market capitalization of $10.47B. It ranks number 6 by market capitalization among the 46 Metal Mining issuers in our coverage with a current forecast.
For HBM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How HBM ranks among 5184 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Hudbay Minerals Inc. (HBM) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Metal Mining peers listed below that report each metric.
Valuation & Market
| Metric | HBM | Rank |
|---|---|---|
| Market Cap | $10.47B | 6/46 |
| P/E Ratio | 11.09x | 7/12 |
| EPS | $2.13 | – |
| Revenue/Share | $16.66 | – |
| FCF/Share | $2.11 | – |
Profitability & Margins
| Metric | HBM | Rank |
|---|---|---|
| ROIC | 36.6% | 8/28 |
| Gross Margin | 26.6% | 11/14 |
| Operating Margin | 24.8% | 7/14 |
| EBT Margin | 19.1% | 7/16 |
| Tax Rate | 45.3% | – |
Financial Health
| Metric | HBM | Rank |
|---|---|---|
| Current Ratio | 0.95x | 32/48 |
| Quick Ratio | 0.78x | 10/17 |
| D/E Ratio | 0.93x | 14/38 |
| Financial Leverage | 1.93x | 16/40 |
| Working Capital | -$66M | 45/47 |
Cash Flow
| Metric | HBM | Rank |
|---|---|---|
| Operating Cash Flow | $2.34B | 5/42 |
| Free Cash Flow | $934M | 3/14 |
| Capital Spending | -$1.40B | 12/14 |
| FCF Growth YoY | 0.0% | – |
| FCF/Sales | 12.7% | 3/9 |
| CapEx/Sales | 19.0% | 5/9 |
Operational Efficiency
| Metric | HBM | Rank |
|---|---|---|
| Asset Turnover | 1.19x | 4/16 |
| Receivables Turnover | 19.5x | 6/11 |
| Inventory Turnover | 27.2x | 1/8 |
| Fixed Assets Turnover | 1.6x | 7/14 |
| Days Sales Outstanding | 19 days | 6/12 |
| Days Inventory | 13 days | 8/8 |
| Payables Period | 23 days | 9/9 |
| Cash Conversion Cycle | 9 days | 5/6 |
Income Statement
| Metric | HBM | Rank |
|---|---|---|
| Total Revenue | $7.38B | 8/16 |
| Operating Income | $1.83B | 5/34 |
| SG&A Expense | $225M | 4/10 |
| Cost of Goods Sold | $5.42B | 5/14 |
Dividend & Shareholder Information
| Metric | HBM | Rank |
|---|---|---|
| Shares Outstanding | 443M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.16B | 18.7% of assets |
| Cash & Short-term Investments | $569M | 9.1% of assets |
| Accounts Receivable | $378M | 6.1% of assets |
| Inventory | $199M | 3.2% of assets |
| Total Liabilities | $2.99B | 48.1% of assets |
| Short-term Debt | $886M | 14.2% of assets |
HBM quarterly financials and insider trading
Hudbay Minerals Inc. (HBM) industry peers
Companies classified under the same SEC industry code as Hudbay Minerals Inc. (Metal Mining): 53 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| HBM Hudbay Minerals Inc. | ▶ | $10.47B |
| BHP Bhp Group Ltd | ▼ | $211.39B |
| SCCO Southern Copper Corp/ | ▼ | $167.29B |
| RIO Rio Tinto Plc | ▼ | $146.97B |
| FCX Freeport-Mcmoran Inc | ▼ | $99.86B |
| VALE Vale S.A. | ▼ | $55.75B |
| MP Mp Materials Corp. / De | ▼ | $7.15B |
| CLF Cleveland-Cliffs Inc. | ▲ | $6.91B |
| USAR Usa Rare Earth, Inc. | ▼ | $3.95B |
| ERO Ero Copper Corp. | ▲ | $3.56B |
| ALM Almonty Industries Inc. | ▶ | $2.84B |
| NEXA Nexa Resources S.A. | ▶ | $1.66B |
| IE Ivanhoe Electric Inc. | ▶ | $1.38B |
| USAS Americas Gold & Silver Corp | ▲ | $1.21B |
| TMC Tmc The Metals Co Inc. | ▲ | $1.14B |
| CRML Critical Metals Corp. | ▶ | $1.02B |
| SGML Sigma Lithium Corp | ▶ | $950M |
| RBTK Zhen Ding Resources Inc. | ▼ | $886M |
| ASM Avino Silver & Gold Mines Ltd | ▲ | $823M |
| LAC Lithium Argentina Ag | ▶ | $793M |
| GSM Ferroglobe Plc | ▲ | $753M |
| DC Dakota Gold Corp. | ▲ | $739M |
| THM International Tower Hill Mines Ltd | ▲ | $568M |
| ALOY Realloys Inc. | ▼ | $499M |
| NB Niocorp Developments Ltd | ▼ | $456M |
| WRN Western Copper & Gold Corp | ▲ | $410M |
| LZM Lifezone Metals Ltd | ▶ | $256M |
| REA Rare Earths Americas, Inc. | ▲ | $144M |
| COBA Chilean Cobalt Corp. | ▶ | $133M |
| LCGMD Lion Copper Corp. | ▼ | $105M |
| PZG Paramount Gold Nevada Corp. | ▲ | $91M |
| THMG Thunder Mountain Gold Inc | ▲ | $71M |
| LCGMF Lion Copper Corp. | ▶ | $62M |
| AEC Anfield Energy Inc. | ▼ | $56M |
| WWR Westwater Resources, Inc. | ▲ | $52M |
| NEXM Nexmetals Mining Corp. | ▶ | $50M |
| COPR Idaho Copper Corp | ▼ | $49M |
| SRGZ Star Gold Corp. | ▲ | $32M |
| DYNR Dynaresource, Inc. | ▶ | $19M |
| LTUM Lithium Corp | ▲ | $6M |
| SVBL Silver Bull Resources, Inc. | ▶ | $3M |
| LBSR Liberty Star Uranium & Metals Corp. | ▼ | $3M |
| MAGE Magellan Copper & Gold Corp | ▲ | $2M |
| ARRT Artisan Consumer Goods, Inc. | ▶ | $1M |
| FUST Fuse Group Holding Inc. | ▶ | $1M |
| ENRT Enertopia Corp. | ▼ | $430K |
| ACRL Atacama Resources International, Inc. | ▲ | N/A |
| ADMG Adamant Dri Processing & Minerals Group | ▲ | N/A |
| AMLM American Lithium Minerals, Inc. | ▲ | N/A |
| BHLL Bunker Hill Mining Corp. | ▼ | N/A |
| GSTX Graphene & Solar Technologies Ltd | ▼ | N/A |
| HNOI Hno International, Inc. | ▼ | N/A |
| RYES Rise Gold Corp. | ▼ | N/A |
Where HBM sits on the market map
Hudbay Minerals Inc. (HBM) stock news
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Hudbay Minerals Inc. (HBM) stock forecast FAQ
What is the Hudbay Minerals Inc. (HBM) stock forecast?
On Oct. 16, 2026, HBM is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5184 stocks scored that day.
How accurate are Hudbay Minerals Inc. stock predictions?
For HBM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 4.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Hudbay Minerals Inc. forecasts updated?
Hudbay Minerals Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Hudbay Minerals Inc.'s industry peers?
53 issuers in our coverage, HBM included, share the SEC industry code Metal Mining. The largest are: Bhp Group Ltd (BHP), Southern Copper Corp/ (SCCO), Rio Tinto Plc (RIO), Freeport-Mcmoran Inc (FCX), Vale S.A. (VALE), Mp Materials Corp. / De (MP).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.