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HBM · NYSE · STOCK

Hudbay Minerals Inc.

Basic Materials Updated August 11, 2026
$27.66
52W $9.62 – $32.15
66/100
$12.29B
16.4
2.25
AI Committee Verdict
Buy
66/100
Conviction: High · 75% agreement · 4 analysts
High

Is HBM Bullish or Bearish?

Bullish. Innellis AI committee rates Hudbay Minerals Inc. (HBM) Buy with a composite score of 66/100 , based on 4 analysts with 75% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +8.75 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -11.25 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is vix regime is low -- calm backdrop supports risk-taking. The main limiting factor is bollinger bandwidth of 40.0% signals elevated volatility. The committee is constructive but not yet at full conviction.

Bull & Bear Case

Bull Case
  • Price structure making higher highs and higher lows — Technical
  • MACD histogram positive -- bullish momentum — Technical
  • Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • News sentiment is positive (+0.50 across 12 articles, 14d) — News
Bear Case
  • RSI at 81 is in overbought territory — Technical
  • Bollinger bandwidth of 40.0% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
66/100
Agreement
75%
Analysts
4
Conviction
High
Sector Rank
Top 22%
of 95 Basic Materials peers
Technical Analyst bullish
61 / 100 · High confidence
Price action is constructive -- trend and momentum agree
+ Price structure making higher highs and higher lows
− RSI at 81 is in overbought territory
Risk Analyst neutral
52 / 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
− Bollinger bandwidth of 40.0% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
74 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 12 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
80.7
Overbought
MACD Histogram
0.729
Bullish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Mixed
Support
$19.70
Resistance
$28.71
Bollinger %B
0.94
Inside Bands
Price vs Moving Averages
EMA 9
$25.88 Above
EMA 21
$24.49 Above
EMA 50
$24.19 Above
EMA 200
$21.84 Above

Fundamental Analysis

Valuation
94
Profitability
82
Financial Health
100
Cash Flow
70
Valuation
P/E Ratio 16.4×
P/B Ratio 2.31×
PEG Ratio 0.12
Dividend Yield 0.09%
52W High $32.15
52W Low $9.62
Quality & Growth
ROE 1762.7%
ROA 915.2%
Gross Margin 3899.6%
Operating Margin 3080.5%
Revenue Growth YoY
Debt / Equity 0.19
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of 16.4 (inexpensive relative to a 15-40x range); Price-to-book of 2.3x; PEG ratio of 0.1 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 17.6%; Return on assets of 9.2%; Net margin of 27.1%; Gross margin of 39.0%; Current ratio of 2.24 (healthy short-term liquidity); Debt-to-equity of 0.19; Free cash flow per share is positive (0.62); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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