Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Hudbay Minerals Inc. logo

Hudbay Minerals Inc.

HBMSmall CapCopper

Price History

Loading chart...

About Hudbay Minerals Inc.

Overview

Hudbay Minerals Inc. is a Canadian-based integrated mining company producing copper, zinc, and gold with operations in North and South America. The company has been in operation for nearly 100 years and maintains a portfolio of long-life, low-cost operations. Hudbay is committed to responsible mining and creating value for stakeholders in host communities.

Operations

Hudbay operates the Constancia copper mine in Peru, 777 copper-zinc mine and Lalor zinc-gold-copper mine in Manitoba, Canada, along with owned smelting and refining facilities in Manitoba and Arizona. The company produces approximately 150,000 tonnes of copper and 75,000 tonnes of zinc annually, making it a significant mid-tier base metals producer.

Strategy

The company's strategy focuses on safe and responsible operations, advancing the Copper World project to significantly grow copper production, extending mine life at existing operations through exploration success, maintaining strong relationships with Indigenous communities and stakeholders, and pursuing disciplined organic growth. Hudbay emphasizes copper as a core strategic metal.

Key Projects

The Copper World project in Arizona represents Hudbay's most significant growth opportunity with potential for large-scale, long-life copper production. Other projects include Llaguen copper project in Peru (optioned from BHP), New Britannia gold project in Manitoba, and ongoing brownfield expansion studies at existing operations. The company maintains active exploration programs in all jurisdictions.

Primary Commodities

CopperZincGold

Project Economics

Constancia

Copper· Cusco, Peru· Production
Production
Mine Life17 yrs
Annual Production85 kt Cu
Mine TypeOpen-pit
Ownership100%

Copper Mountain

Copper· British Columbia, Canada· Production
Production
Mine Life19 yrs
Annual Production44 kt Cu
Mine TypeOpen-pit
Ownership100%

Snow Lake

Gold· Manitoba, Canada· Production
Production
Mine Life13 yrs
Annual Production173 koz Au
Mine TypeUnderground
Ownership100%

Cactus

Copper· Arizona, USA· Development
Pre-Feasibility
Oct 2025
Mine Life20 yrs
Annual Production103 kt Cu
Head Grade0.52% CuT
Mine TypeOpen-pit
Contained Metal10,995 Mlbs CuT
Mineral Reserves
465 Mt at 0.52% CuT for 5,304 Mlbs CuT (Proven 58 Mt at 0.79% CuT for 1,019 Mlbs CuT; Probable 407 Mt at 0.48% CuT for 4,285 Mlbs CuT)
Mineral Resources
Measured & Indicated 1,037 Mt at 0.48% CuT for 10,995 Mlbs CuT (Measured 119 Mt at 0.80% CuT for 2,104 Mlbs CuT; Indicated 918 Mt at 0.44% CuT for 8,891 Mlbs CuT); Inferred 212 Mt at 0.37% CuT for 1,708 Mlbs CuT

Copper World

Copper· Arizona, USA· Development
Pre-Feasibility
2023
NPV (Pre-Tax)$1.10B
IRR (After-Tax)19%
Initial Capex$1.30B
Mine Life20 yrs
Annual Production92 kt Cu
Head Grade0.54% CuT
Mine TypeOpen-pit
Mineral Reserves
385 Mt at 0.54% CuT (implied from comparisons)
Mineral Resources
1.2 Bt M&I tonnage

Mason

Copper· Nevada, USA· Development
PEA
2021
Mine Life27 yrs
Annual Production139 kt Cu
Mine TypeOpen-pit

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

Loading financial data...

Press Releases

PRESS RELEASE

Evaluating Hudbay Minerals (TSX:HBM) After Its Strong Recent Share Price Momentum

Recent performance snapshot Hudbay Minerals (TSX:HBM) has drawn fresh attention after a strong run, with the stock up about 38% over the past month and showing a similar gain over the past 3 months. See our latest analysis for Hudbay Minerals. The recent 37.6% 1 month share price return and 51.9% year to date share price return sit alongside a very large 1 year total shareholder return. Together, these suggest strong positive momentum and a sharp shift in how the market is pricing Hudbay...

Yahoo Finance1 hour ago
PRESS RELEASE

Barclays Initiates Coverage of Hudbay Minerals (HBM) with an Overweight Rating

Hudbay Minerals Inc. (NYSE:HBM) is one of the 8 Best Natural Resources Stocks to Buy Now. On May 21, 2026, Barclays analyst Richard Garchitorena initiated coverage of Hudbay Minerals Inc. (NYSE:HBM) with an Overweight rating and a $30 price target. Garchitorena said investments in “transformative” technologies and higher trade barriers are driving renewed growth across […]

Yahoo Finance3 days ago
PRESS RELEASE

Hudbay Minerals Inc. Receives Approval for Normal Course Issuer Bid

TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) announced today that the Toronto Stock Exchange (the “TSX”) has approved its notice of intention to commence a normal course issuer bid (“NCIB”) for its common shares (“Shares”). The NCIB will be made in accordance with the requirements of the Toronto Stock Exchange and applicable securities laws. Pursuant to the NCIB, Hudbay is authorized to acquire up to a maximum of 19,863,997 Shares, r

Yahoo Finance6 days ago
PRESS RELEASE

Canada One Announces Commencement of 2026 Exploration Program

Vancouver, British Columbia--(Newsfile Corp. - May 27, 2026) - Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") is pleased to announce the commencement of its 2026 exploration program at the Company's flagship Copper Dome Project, located adjacent to Hudbay Minerals Inc.'s producing Copper Mountain Mine near Princeton, British Columbia. Field crews are currently mobilized and executing Phase 1 of the 2026 exploration program, which is...

Yahoo Finance5/27/2026
PRESS RELEASE

Arizona Sonoran Copper Weighs Hudbay Transition And Rising Cactus Project Costs

Arizona Sonoran Copper (TSX:ASCU) is progressing through a transition involving Hudbay Minerals connected to the Cactus Project in Arizona. The company has flagged rising development and transition related costs at Cactus, which are affecting project execution and financial planning. These developments are drawing attention because they influence execution risk, project timing and the company’s positioning in a period of heightened interest in copper supply. Arizona Sonoran Copper, trading...

Yahoo Finance5/23/2026
PRESS RELEASE

Canaccord Maintains Buy Rating on Hudbay Minerals (HBM)

Hudbay Minerals Inc. (NYSE:HBM) is one of the 10 Best Performing Canadian Stocks So Far in 2026. On May 4, 2026, Canaccord lowered the firm’s price target on Hudbay Minerals Inc. (NYSE:HBM) to C$40 from C$41 previously and maintained a Buy rating on the shares after the company released its Q1 financial and operating results. […]

Yahoo Finance5/23/2026
PRESS RELEASE

Hudbay Minerals Investors Back Pay Plan As Sustainability Focus Meets Valuation Gaps

Hudbay Minerals (TSX:HBM) received strong shareholder approval for its board and executive compensation at its 2026 Annual and Special Meeting. The company released its 2025 annual report, highlighting progress in sustainability, safety, and community initiatives. Hudbay Minerals, trading at CA$32.89, has had a mixed recent share price path, with the stock down 11.6% over the past week and down 7.3% over the past month. Over a longer horizon, the stock is up 19.2% year to date, up 181.6%...

Yahoo Finance5/20/2026
PRESS RELEASE

Hudbay Announces Election of Directors at 2026 Annual and Special Meeting of Shareholders

TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) today announced that each of the nine individuals nominated for election as a director of Hudbay at the Company’s Annual and Special Meeting of Shareholders held on May 19, 2026 (the “2026 AGM”) was elected. The detailed director voting results are set out below: DirectorNumber of Votes FORNumber of Votes AGAINSTPercentage of Votes FORJohn E.F. Armstrong257,475,288422,63099.84%Jeane L. Hul

Yahoo Finance5/19/2026
PRESS RELEASE

Hudbay Publishes its 2025 Annual Report “the Gold Standard in Copper”

TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) (TSX, NYSE: HBM) today announced the release of its 2025 annual report (“Annual Report”), which provides updates on key business, financial and sustainability initiatives and accomplishments from last year. The sustainability disclosure in the Annual Report is aligned with recognized global reporting standards. “In 2025, across the Company, every business unit and division played a part in helping Hudbay s

Yahoo Finance5/19/2026
PRESS RELEASE

Four Copper Miners Under $30 Set to Outperform

Copper just punched through a historic ceiling, with LME prices breaching $6.00/lb for the first time and trading roughly 25% above the 2025 average. A structural supply deficit is forming as Grasberg and Kamoa-Kakula production downgrades collide with surging power grid upgrades and data center wiring demand. Analysts expect Resource Industries to be a standout ... Four Copper Miners Under $30 Set to Outperform

Yahoo Finance5/18/2026

Quick Facts

Ticker Symbol
HBM
Market Cap
Small Cap
Category
Copper
Commodities
Copper, Zinc, Gold
Headquarters
Toronto, Canada
Founded
1927
Employees
~4,800

Operating Countries

CanadaPeruUSA

Producing Assets

  • Constancia (Peru)
  • Snow Lake Operations (Canada)
  • Copper Mountain (USA)

Development Assets

  • Copper World (USA)
  • Mason (USA)

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

◆ ◆ ◆