
- Hudbay Minerals reported a revenue of $584.9 million for the fourth quarter, slightly surpassing estimates of $581.7 million.
- Gold production was 94,161 ounces, a decrease of 17% compared to the previous year, yet it exceeded expectations of 78,233 ounces.
- Silver production increased by 9.6% year-over-year, reaching 1.31 million ounces, above the estimate of 1.02 million ounces.
- Zinc production saw a substantial growth of 46%, producing 8,385 tonnes compared to an estimate of 7,734 tonnes.
- Copper production was recorded at 43,262 tonnes, a slight decline of 4.8% year-over-year, but still above the projected 42,729 tonnes.
- Adjusted Ebitda stood at $257.3 million, a 6.2% decrease from the previous year, below the estimate of $271 million.
- The company successfully reduced net debt by $512 million in 2024, achieving a competitive leverage position among peers, attributed to robust free cash flow and an equity offering in May.
- Investment sentiment remains bullish with 14 buy ratings and no hold or sell recommendations.
A look at Hudbay Minerals Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Hudbay Minerals is poised for a positive long-term outlook. With strong scores in Value and Growth, the company demonstrates solid fundamentals and potential for expansion. These scores indicate that Hudbay Minerals is considered undervalued and has a positive growth trajectory, which could attract investors looking for opportunities with growth potential.
However, with lower scores in Dividend and Resilience, investors should be cautious. The company’s dividend payout and resilience factors are not as strong, suggesting potential risks in terms of income stability and financial health. While Hudbay Minerals shows moderate momentum, indicating some market interest, its overall outlook is influenced by its value and growth prospects, making it an intriguing option for investors seeking growth opportunities in the mining sector.
Summary: Hudbay Minerals Inc. is a mining company operating across the Americas, focusing on the extraction and production of zinc, copper, gold, and silver. The company’s Smartkarma Smart Scores highlight its strong value and growth potential, with some considerations regarding dividend payouts and resilience.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars