PerpEquities

Equity

Hudbay Minerals Inc. (HBM) perpetual futures

Hudbay Minerals is a diversified mining company that explores, extracts and sells copper concentrates, silver-gold doré, molybdenum concentrates and metallic zinc, with operations in Canada and Peru and copper projects in Arizona and Nevada.

-1.1%NYSE closed
Open in terminal

Price chart

Interactive TradingView chart

TradingView symbol NYSE:HBM

Loads TradingView's third-party widget (about 1 MB) on demand.

Auto: underlying reference priceOpen in TradingView

Trading data

Perpetual market activity

0/1 live markets
Venues
1
Live markets
0/1
24h volume
-
Open interest
-
Best liquidity
-
Tightest spread
-
Highest volume
-
Settlement mix
USDT · 1/1
Perp/spot vol.
-
OI / float
-
Spot performance
1D-1.02%
5D+6.86%
1M-13.51%
6M+4.01%
YTD+17.68%
1Y+43.93%

Venue matrix

1 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BingXTradeHBM-USDTWatchlist------USDT-
Best venues for this underlying

Best liquidity

-
No live data-

Tightest spread

-
No live data-

Highest volume

-
No live data-

Company data

Company fundamentals

Updated 3h ago
Market cap
$10.4B
Updated 3h ago
Revenue
$2.5B
Trailing 12 months
Revenue growth
+32%
Next fiscal year
Profit margin
+27.1%
P/E
13.8
Peer P/E 16.7
Free cash flow
$246.4M
Trailing 12 months
More metrics
Net income
$674.7M
Trailing 12 months
P/S
4.2
Peer P/E
16.7
Similar listed perps
Revenue estimate
$2.9B
Next fiscal year
Earnings
2026-11-12
Revenue est. $734M · Updated 3h ago
Dividend
$0.007
2026-09-08

Fundamental detail

Annual + quarterly
Latest revenue$2.2B
Net margin+25.7%
Free cash flow$197.9M
Net debt$523.8M
2020$1.1B
2021$1.5B
2022$1.5B
2023$1.7B
2024$2B
2025$2.2B
PeriodRevenueGrowthNet incomeFCF
2020$1.1B-12%-$144.6M-$121.7M
2021$1.5B+37%-$244.4M$32.9M
2022$1.5B-3%$70.4M$178.8M
2023$1.7B+16%$66.4M$195.8M
2024$2B+20%$76.7M$317.3M
2025$2.2B+9%$568.5M$197.9M
PeriodGross marginOperating marginNet marginROEROA
2020+3.6%-3.4%-13.2%-8.5%-3.1%
2021+8.7%+1.2%-16.3%-16.5%-5.3%
2022+18.9%+20.7%+4.8%+4.5%+1.6%
2023+23.2%+17.8%+3.9%+3.2%+1.2%
2024+27.4%+20.7%+3.8%+3.0%+1.4%
2025+33.6%+25.4%+25.7%+17.6%+9.2%
PeriodCashDebtNet debtCurrent ratio
2020$439.1M$1.2B$760.1M1.68
2021$271M$1.3B$987.3M1.29
2022$225.7M$1.2B$1B1.17
2023$249.8M$1.4B$1.1B1.25
2024$541.8M$1.2B$640.5M1.95
2025$568.1M$1.1B$523.8M0.95
PeriodMarket capEnterprise valueP/SP/E
2020$1.8B$2.6B1.7-12.7
2021$1.9B$2.9B1.3-7.8
2022$1.3B$2.3B0.918.8
2023$1.7B$2.8B1.026.3
2024$3.1B$3.7B1.540.5
2025$7.9B$8.4B3.613.6
Q3 2024$485.8M
Q4 2024$584.9M
Q1 2025$594.9M
Q2 2025$536.4M
Q3 2025$346.8M
Q4 2025$732.9M
Q1 2026$757.3M
Q2 2026$651M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$485.8M+1%$49.7M$47.9M
Q4 2024$584.9M-3%$21.2M$145M
Q1 2025$594.9M+13%$100.4M$31.8M
Q2 2025$536.4M+26%$117.7M$137.4M
Q3 2025$346.8M-29%$222.4M$3.1M
Q4 2025$732.9M+25%$128M$66M
Q1 2026$757.3M+27%$190.4M$69.8M
Q2 2026$651M+21%$133.9M$107.5M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+28.8%+21.8%+10.2%+2.0%+0.9%
Q4 2024+31.5%+25.6%+3.6%+0.8%+0.4%
Q1 2025+38.9%+30.6%+16.9%+3.8%+1.8%
Q2 2025+32.9%+28.3%+21.9%+4.1%+2.1%
Q3 2025+18.8%+3.0%+64.1%+7.2%+3.8%
Q4 2025+36.9%+29.6%+17.5%+4.0%+2.1%
Q1 2026+48.6%+40.0%+25.1%+5.4%+2.8%
Q2 2026+41.0%+36.3%+20.6%+2.8%+1.7%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$443.3M$1.2B$733.9M1.86
Q4 2024$541.8M$1.2B$640.5M1.95
Q1 2025$562.6M$1.2B$639.4M2.32
Q2 2025$625.5M$1.1B$511.2M1.03
Q3 2025$611.1M$1.1B$497.1M0.97
Q4 2025$568.1M$1.1B$523.8M0.95
Q1 2026$1B$1.1B$61.3M1.36
Q2 2026$939.9M$912.1M-$27.8M2.24
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$3.6B$4.4B7.417.7
Q4 2024$3.2B$3.8B5.537.7
Q1 2025$3B$3.6B5.07.6
Q2 2025$4.2B$4.7B7.88.8
Q3 2025$6B$6.5B17.36.8
Q4 2025$7.9B$8.4B10.715.0
Q1 2026$8.3B$8.4B11.011.1
Q2 2026$9.5B$9.4B14.517.9

Refreshed 3h ago

Charts: revenue, profit, cash flow & valuation
Revenue$651MQ2 2026
$189.3M$378.7M$568M$757.3MQ3 2023: $480.5MQ4 2023: $602.2MQ1 2024: $525MQ2 2024: $425.5MQ3 2024: $485.8MQ4 2024: $584.9MQ1 2025: $594.9MQ2 2025: $536.4MQ3 2025: $346.8MQ4 2025: $732.9MQ1 2026: $757.3MQ2 2026: $651MQ3 2023Q2 2026
Net income$133.9MQ2 2026
$43.2M$103M$162.7M$222.4MQ3 2023: $45.1MQ4 2023: $30.7MQ1 2024: $22.3MQ2 2024: -$16.5MQ3 2024: $49.7MQ4 2024: $21.2MQ1 2025: $100.4MQ2 2025: $117.7MQ3 2025: $222.4MQ4 2025: $128MQ1 2026: $190.4MQ2 2026: $133.9MQ3 2023Q2 2026
EBITDA$326.2MQ2 2026
$115.2M$230.5M$345.7M$460.9MQ3 2023: $219.3MQ4 2023: $203.8MQ1 2024: $205.5MQ2 2024: $124.3MQ3 2024: $201MQ4 2024: $254.7MQ1 2025: $303MQ2 2025: $273MQ3 2025: $435.7MQ4 2025: $431.7MQ1 2026: $460.9MQ2 2026: $326.2MQ3 2023Q2 2026
Free cash flow$107.5MQ2 2026
$37M$74M$111M$148MQ3 2023: $82.7MQ4 2023: $148MQ1 2024: $77.2MQ2 2024: $50.7MQ3 2024: $47.9MQ4 2024: $145MQ1 2025: $31.8MQ2 2025: $137.4MQ3 2025: $3.1MQ4 2025: $66MQ1 2026: $69.8MQ2 2026: $107.5MQ3 2023Q2 2026
EPS$0.33Q2 2026
$0.11$0.26$0.41$0.56Q3 2023: $0.13Q4 2023: $0.09Q1 2024: $0.06Q2 2024: -$0.05Q3 2024: $0.13Q4 2024: $0.05Q1 2025: $0.25Q2 2025: $0.3Q3 2025: $0.56Q4 2025: $0.33Q1 2026: $0.47Q2 2026: $0.33Q3 2023Q2 2026
Cash / Debt$939.9MQ2 2026
$369.2M$738.5M$1.1B$1.5BQ3 2023 · Cash: $253MQ3 2023 · Debt: $1.5BQ4 2023 · Cash: $250.5MQ4 2023 · Debt: $1.4BQ1 2024 · Cash: $284.4MQ1 2024 · Debt: $1.4BQ2 2024 · Cash: $486.5MQ2 2024 · Debt: $1.2BQ3 2024 · Cash: $443.3MQ3 2024 · Debt: $1.2BQ4 2024 · Cash: $541.8MQ4 2024 · Debt: $1.2BQ1 2025 · Cash: $562.6MQ1 2025 · Debt: $1.2BQ2 2025 · Cash: $625.5MQ2 2025 · Debt: $1.1BQ3 2025 · Cash: $611.1MQ3 2025 · Debt: $1.1BQ4 2025 · Cash: $568.1MQ4 2025 · Debt: $1.1BQ1 2026 · Cash: $1BQ1 2026 · Debt: $1.1BQ2 2026 · Cash: $939.9MQ2 2026 · Debt: $912.1MQ3 2023Q2 2026
CashDebt
Profitability+41.0%Q2 2026
+13.1%+30.1%+47.1%+64.1%Q3 2023 · Gross margin: +22.1%Q4 2023 · Gross margin: +32.7%Q1 2024 · Gross margin: +29.0%Q2 2024 · Gross margin: +18.2%Q3 2024 · Gross margin: +28.8%Q4 2024 · Gross margin: +31.5%Q1 2025 · Gross margin: +38.9%Q2 2025 · Gross margin: +32.9%Q3 2025 · Gross margin: +18.8%Q4 2025 · Gross margin: +36.9%Q1 2026 · Gross margin: +48.6%Q2 2026 · Gross margin: +41.0%Q3 2023 · Operating margin: +24.0%Q4 2023 · Operating margin: +21.6%Q1 2024 · Operating margin: +21.3%Q2 2024 · Operating margin: +10.5%Q3 2024 · Operating margin: +21.8%Q4 2024 · Operating margin: +25.6%Q1 2025 · Operating margin: +30.6%Q2 2025 · Operating margin: +28.3%Q3 2025 · Operating margin: +3.0%Q4 2025 · Operating margin: +29.6%Q1 2026 · Operating margin: +40.0%Q2 2026 · Operating margin: +36.3%Q3 2023 · Net margin: +9.4%Q4 2023 · Net margin: +5.1%Q1 2024 · Net margin: +4.2%Q2 2024 · Net margin: -3.9%Q3 2024 · Net margin: +10.2%Q4 2024 · Net margin: +3.6%Q1 2025 · Net margin: +16.9%Q2 2025 · Net margin: +21.9%Q3 2025 · Net margin: +64.1%Q4 2025 · Net margin: +17.5%Q1 2026 · Net margin: +25.1%Q2 2026 · Net margin: +20.6%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth+21.4%Q2 2026
-14.6%-0.7%+13.3%+27.3%Q3 2024: +1.1%Q4 2024: -2.9%Q1 2025: +13.3%Q2 2025: +26.1%Q3 2025: -28.6%Q4 2025: +25.3%Q1 2026: +27.3%Q2 2026: +21.4%Q3 2023Q2 2026
Shares outstanding402MQ2 2026
100.5M201M301.5M402MQ3 2023: 347MQ4 2023: 349.1MQ1 2024: 351MQ2 2024: 368.3MQ3 2024: 394.2MQ4 2024: 394MQ1 2025: 395.7MQ2 2025: 395.8MQ3 2025: 396.9MQ4 2025: 400MQ1 2026: 398.8MQ2 2026: 402MQ3 2023Q2 2026
Valuation17.9Q2 2026
-24.7-3.916.937.7Q3 2023 · P/E: 9.4Q4 2023 · P/E: 15.3Q1 2024 · P/E: 27.5Q2 2024 · P/E: -45.6Q3 2024 · P/E: 17.7Q4 2024 · P/E: 37.7Q1 2025 · P/E: 7.6Q2 2025 · P/E: 8.8Q3 2025 · P/E: 6.8Q4 2025 · P/E: 15.0Q1 2026 · P/E: 11.1Q2 2026 · P/E: 17.9Q3 2023 · P/S: 3.5Q4 2023 · P/S: 3.2Q1 2024 · P/S: 4.7Q2 2024 · P/S: 7.9Q3 2024 · P/S: 7.4Q4 2024 · P/S: 5.5Q1 2025 · P/S: 5.0Q2 2025 · P/S: 7.8Q3 2025 · P/S: 17.3Q4 2025 · P/S: 10.7Q1 2026 · P/S: 11.0Q2 2026 · P/S: 14.5Q3 2023Q2 2026
P/EP/S
Revenue$2.2B2025
$552.8M$1.1B$1.7B$2.2B2018: $1.5B2019: $1.2B2020: $1.1B2021: $1.5B2022: $1.5B2023: $1.7B2024: $2B2025: $2.2B20182025
Net income$568.5M2025
-$115.7M$112.3M$340.4M$568.5M2018: $85.4M2019: -$343.8M2020: -$144.6M2021: -$244.4M2022: $70.4M2023: $66.4M2024: $76.7M2025: $568.5M20182025
EBITDA$1.4B2025
$335.7M$704.7M$1.1B$1.4B2018: $573.3M2019: -$33.4M2020: $267.2M2021: $274.4M2022: $530.3M2023: $650.8M2024: $780.3M2025: $1.4B20182025
Free cash flow$197.9M2025
-$12M$97.8M$207.5M$317.3M2018: $288.7M2019: $51.7M2020: -$121.7M2021: $32.9M2022: $178.8M2023: $195.8M2024: $317.3M2025: $197.9M20182025
EPS$1.462025
-$0.63$0.07$0.76$1.462018: $0.332019: -$1.322020: -$0.552021: -$0.932022: $0.272023: $0.212024: $0.22025: $1.4620182025
Cash / Debt$568.1M2025
$344.5M$688.9M$1B$1.4B2018 · Cash: $515.5M2018 · Debt: $1.1B2019 · Cash: $396.1M2019 · Debt: $1.1B2020 · Cash: $439.1M2020 · Debt: $1.2B2021 · Cash: $271M2021 · Debt: $1.3B2022 · Cash: $225.7M2022 · Debt: $1.2B2023 · Cash: $249.8M2023 · Debt: $1.4B2024 · Cash: $541.8M2024 · Debt: $1.2B2025 · Cash: $568.1M2025 · Debt: $1.1B20182025
CashDebt
Profitability+33.6%2025
-12.4%+2.9%+18.3%+33.6%2018 · Gross margin: +25.4%2019 · Gross margin: +12.2%2020 · Gross margin: +3.6%2021 · Gross margin: +8.7%2022 · Gross margin: +18.9%2023 · Gross margin: +23.2%2024 · Gross margin: +27.4%2025 · Gross margin: +33.6%2018 · Operating margin: +20.3%2019 · Operating margin: -23.3%2020 · Operating margin: -3.4%2021 · Operating margin: +1.2%2022 · Operating margin: +20.7%2023 · Operating margin: +17.8%2024 · Operating margin: +20.7%2025 · Operating margin: +25.4%2018 · Net margin: +5.8%2019 · Net margin: -27.8%2020 · Net margin: -13.2%2021 · Net margin: -16.3%2022 · Net margin: +4.8%2023 · Net margin: +3.9%2024 · Net margin: +3.8%2025 · Net margin: +25.7%20182025
Gross marginOperating marginNet margin
Revenue growth+9.4%2025
-2.6%+10.8%+24.1%+37.5%2019: -16.0%2020: -11.7%2021: +37.5%2022: -2.7%2023: +15.6%2024: +19.6%2025: +9.4%20182025
Shares outstanding396.6M2025
99.2M198.3M297.5M396.6M2018: 261.3M2019: 261.3M2020: 261.3M2021: 261.5M2022: 262.2M2023: 311M2024: 377.3M2025: 396.6M20182025
Valuation13.62025
0.613.927.240.52018 · P/E: 14.32019 · P/E: -3.12020 · P/E: -12.72021 · P/E: -7.82022 · P/E: 18.82023 · P/E: 26.32024 · P/E: 40.52025 · P/E: 13.62018 · P/S: 0.82019 · P/S: 0.92020 · P/S: 1.72021 · P/S: 1.32022 · P/S: 0.92023 · P/S: 1.02024 · P/S: 1.52025 · P/S: 3.620182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-12
Revenue est. $734M · Updated 3h ago
Dividend
$0.007
2026-09-08

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20261.53$2.9B+32%10
FY 20271.98$3.4B+54%11
FY 20282.03$3.5B+59%9
FY 20292.28$3.9B+78%3
FY 20302.08$4B+79%3
Q1 20270.49$884.4M+17%2

Company events

6
2026-11-12Earnings · Before market openActual - / Estimate 0.35-
2026-09-08Dividend$0.007-
2026-07-29EarningsActual 0.28 / Estimate 0.26Beat
2026-06-09Dividend$0.01-
2026-05-01EarningsActual 0.4 / Estimate 0.34Beat
2026-03-10Dividend$0.01-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
FDS$10.3B4.219.9+21.5%1DKNG$10.3B1.7-61.5-2.7%19AMKR$10.2B1.416.5+8.3%4CAI$10.2B10.397.2+10.6%1AGNC$10.5B3.0127.0+1.7%1DPZ$10.2B2.017.0+12.0%1IREN$10.6B15.0-14.4-99.4%20LULU$10.7B1.07.8+12.8%7

Analyst track record

How the analysts covering HBM have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings53205
Analysts2029
Buy / hold / sell52 / 1 / 0197 / 8 / 0
Upgrades / downgrades / initiations0 / 1 / 33 / 1 / 10
Price targets hit / missed11 / 40 (22%)162 / 40 (80%)
Avg. return after a rating (TipRanks)-12.7%+87.0%
Best / worst call+28.7% / -33.5%+343.2% / -33.5%

After buy calls on this stock: median 21-day move +3.6% vs S&P 500 +2.2% (n = 207)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Orest WowkodawScotiabank90% hit rate on this stock · 20 targets measuredBuytarget $25.73Feb 23, 2026
  2. Dalton BarettoCanaccord Genuity90% hit rate on this stock · 10 targets measuredBuytarget $28.99May 4, 2026
  3. Sam CrittendenRBC Capital88% hit rate on this stock · 24 targets measuredBuytarget $28.99May 1, 2026

Latest ratings

DateAnalystCallTarget
May 21, 2026Richard GarchitorenaBarclaysBuyInitiated$30.00article ↗
May 21, 2026Joseph ParkhillUBSBuyMaintained$29.71article ↗
May 11, 2026Lawson WinderBank of America SecuritiesBuyMaintained–article ↗
May 4, 2026Ralph M. ProfitiStifel NicolausBuyMaintained$29.71article ↗
May 4, 2026Dalton BarettoCanaccord GenuityBuyMaintained$28.99article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$16.00$18.00$20.00$22.00$24.00$26.00$28.00$30.00Nov 25 · Buy 16 · Hold 0 · Sell 0Nov 25Dec 25 · Buy 15 · Hold 0 · Sell 0Jan 26 · Buy 15 · Hold 1 · Sell 0Jan 26Feb 26 · Buy 17 · Hold 1 · Sell 0Mar 26 · Buy 18 · Hold 1 · Sell 0Mar 26Apr 26 · Buy 18 · Hold 1 · Sell 0May 26 · Buy 19 · Hold 1 · Sell 0May 26Jun 26 · Buy 18 · Hold 1 · Sell 0Jul 26 · Buy 15 · Hold 0 · Sell 0Jul 26Aug 26 · Buy 11 · Hold 0 · Sell 0Sep 26 · Buy 9 · Hold 0 · Sell 0Sep 26Oct 26 · Buy 6 · Hold 0 · Sell 0Nov 25 · avg. target $15.94Dec 25 · avg. target $17.49Jan 26 · avg. target $23.74Feb 26 · avg. target $26.73Mar 26 · avg. target $27.66Apr 26 · avg. target $28.63May 26 · avg. target $28.64Jun 26 · avg. target $28.95Jul 26 · avg. target $29.32Aug 26 · avg. target $29.34Sep 26 · avg. target $29.66Oct 26 · avg. target $29.48Nov 25 · month-end close $16.96Dec 25 · month-end close $19.85Jan 26 · month-end close $23.68Feb 26 · month-end close $28.33Mar 26 · month-end close $20.90Apr 26 · month-end close $23.11May 26 · month-end close $29.16Jun 26 · month-end close $23.61Jul 26 · month-end close $22.75Aug 26 · month-end close $28.66Sep 26 · month-end close $26.68Oct 26 · month-end close $21.98

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Oct 27, 2026 · 53 ratings

Embed this asset

HBM perpetuals · perpequities.comHBM perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/hbm-perp"><img src="https://perpequities.com/badge/hbm-perp.svg" width="240" height="64" alt="HBM perpetuals · perpequities.com" loading="lazy"></a>

Raw data: JSON · CSV · API

Next step

Stay on top of HBM perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for HBM — one email every Sunday.

Watchlist and alerts

Price and funding alerts for HBM, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X