Bullish Case: Improved revenue, EPS surprises, and bullish metal production data indicate a potential uptrend. Increased institutional investment and upward EPS revisions for Q2 2025 also support growth.


Bearish Case: Revenue from zinc is down year-over-year, with lower realized prices for silver, suggesting possible vulnerability in Hudbay's portfolio amidst market volatility.


Potential Outcomes:

1. Revenue growth continues: 55%;

2. Price correction after surge: 35%;

3. Stagnation due to market volatility: 10%. Base predictions on recent financial performance and market conditions.


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April 11, 2024


Hudbay Minerals Forecast

HBM        Hudbay Minerals
Price Forecast: BULLISH    Price Action: TRENDING (?)











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