HBM — Hudbay Minerals Inc.
Basic Materials · ETF XLB · as of 2026-09-22
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
Price & today
| Stock today | +4.09% |
| Sector ETF today | +1.65% |
| Residual (stock-specific) | +2.44% |
Sector correlation
| 20-day correlation with XLB | 0.38 |
| 60-day correlation with XLB | 0.35 |
| Status | normal |
Decoupling fires when 60d corr − 20d corr > 0.20: stock used to track its sector but the relationship has weakened recently.
Technicals
| 10 EMA | $26.87 |
| 20 EMA | $27.04 |
| 50 EMA | $26.47 |
| EMA stack | NEUTRAL |
| RSI(14) | 54.1 |
| 52-week high distance | — |
| 52-week low distance | — |
Signals
| Market F&G | 45.1 |
| Bull% | 12.9% |
| OVTLYR status | SELL (12d) |
| Sector rank | #39 |
| Next earnings | 2026-10-29 (TNS, 36d) |
MarketSmith metrics - our compute
What do these abbreviations mean?
- RS Rating
- - IBD-style relative strength vs SPY (weighted 3/6/9/12-mo). 70+ = leaders pool, 80+ = strong.
- ADR%
- - average daily range over 20 days. 4%+ = the fast movers the playbook prefers (selection order, not a gate).
- RMV (tight)
- - Relative Measured Volatility, 15 bars, scaled 0-100. <15 = tight coiled base (green), <35 moderate, high = loose/expanding - not a base right now.
- Ext (ATR>20EMA)
- - how many ATRs price sits above its 20-EMA. ≤1 = in value (green), >2 = extended/chasing (red) - prefer a pullback.
- Rel Vol
- - latest volume vs the 50-day average. 100% = normal; 140%+ = breakout confirmation.
- U/D 50d / 25d
- - up-day vs down-day volume over the window. 1.1+ = net accumulation (institutions buying); under 0.9 on the 25d = net selling.
- Accum/Dist 25d
- - heavy-volume up days vs heavy-volume down days in the last 25 sessions (close moved 0.2%+ on above-average volume). The institutional-participation footprint; 5+ distribution days = O'Neil caution line.
- LoD dist
- - close distance above the day low in % of ATR (100 = one full ATR off the low). High = strong close.
- Off/Above 52w
- - trend-template legs: within 25% of the 52-week high, at least 25% above the 52-week low.
- Trend 8/8
- - all 8 Minervini Trend Template criteria pass. Discovery floor, NOT an entry signal - entries come from the VCP pivot.
- Base len (VCP)
- - weeks since the VCP base started on the latest scan. 10wk+ bases carry the edge; short stacked bases test below random.
Fundamentals & valuation - reference, not entry inputs
Company data - context read, not entry inputs
Quarterly EPS - earnings acceleration
A dash in %Chg is deliberate: the year-ago figure was a loss, so a growth % would be meaningless. A dash in Sales means we have no revenue figure for that quarter - read it as a gap in our data, not as zero revenue.
| Quarter | EPS ($) | %Chg YoY | Sales ($M) | %Chg |
|---|---|---|---|---|
| Nov-24 | 0.13 | +86% | - | - |
| Feb-25 | 0.18 | -10% | - | - |
| May-25 | 0.24 | +50% | - | - |
| Aug-25 | 0.19 | - | 536.4 | - |
| Nov-25 | 0.03 | -77% | 346.8 | - |
| Feb-26 | 0.22 | +22% | 732.9 | - |
| May-26 | 0.40 | +67% | 757.3 | - |
| Jul-26 | 0.28 | +47% | 631.3 | +18% |
eps_actual (the figure MarketSmith/Deepvue show) - whether a given quarter is GAAP or excludes a one-off follows the filing, so it can sit either side of another vendor's number; AAPL's Oct-24 row, the Sep-2024 fiscal quarter, is $0.97 here - GAAP, including the EU tax charge - where TradingView's year implies $1.64 · Sales ($M) = SEC EDGAR quarterly revenue (fiscal Q4 derived as FY minus 9-mo) · quarter = report month · %Chg blank = prior-year base under $0.05 (not meaningful).Recent news - our DB (Finnhub + OVTLYR)
- Sep 19 · Why Is Hudbay Minerals (TSX:HBM) In Focus As Copper Hits Record Prices? Yahoo
- Sep 18 · HudBay Minerals (HBM) Rises Higher Than Market: Key Facts Zacks Investment Research
- Sep 18 · HudBay Minerals (HBM) Rises Higher Than Market: Key Facts Yahoo
- Sep 17 · Copper Hit a Record High as Chile Posts Its Weakest Output in 19 Years Yahoo
- Sep 17 · Hudbay Minerals: Is It A Gold Or Copper Stock SeekingAlpha
- Sep 16 · Trump's New Trade War Brought an Unexpected Ally to Canada Benzinga
- Sep 15 · Is HORNBACH Baumarkt (HMSE:HBM) Cheap Given Its Cash Flow? Yahoo
- Sep 10 − Everyone Is Watching $100 Oil While Copper Miners Are Getting Crushed 24/7 Wall Street