Hudbay Minerals 1Q Profit, Revenue Rise on Lower Costs

Dow Jones

May 12, 2025

By Adriano Marchese

Hudbay Minerals profit and revenue rose in the first quarter on the back of lower costs, while production fell.

The Canadian mining company, primarily focused on copper concentrate and zinc, posted on Monday a net income of $100.4 million, or 25 cents a share, up from $22.3 million, or 6 cents a share, in the comparable quarter a year ago.

Hudbay credits the performance to low consolidated cash cost performance and its execution on planned strategies. Sustaining cash cost per pound of copper produced came to 72 cents in the quarter.

Adjusted earnings were 24 cents a share. According to FactSet, analysts were expecting 10 cents a share.

Revenue rose to $594.9 million from $525 million.

Production in the quarter fell from a year earlier virtually across the board. Copper fell over 11%, while gold and silver output were down 18% and 3%, respectively. Zinc output fell 29%. Molybdenum output, which represents a small portion of its production, remained unchanged.

For the full year, the company reaffirmed its full year guidance of 117,000 to 149,000 tons of copper and 247,500 to 308,000 ounces of gold.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 12, 2025 06:37 ET (10:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2534924088"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2534924088\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2534924088?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-12 18:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2534924088","market":"sg","top_or_hot":-1,"title":"Hudbay Minerals 1Q Profit, Revenue Rise on Lower Costs","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  Hudbay Minerals profit and revenue rose in the first quarter on the back of lower costs, while production fell. \n</p>\n<p>\n  The Canadian mining company, primarily focused on copper concentrate and zinc, posted on Monday a net income of $100.4 million, or 25 cents a share, up from $22.3 million, or 6 cents a share, in the comparable quarter a year ago. \n</p>\n<p>\n  Hudbay credits the performance to low consolidated cash cost performance and its execution on planned strategies. Sustaining cash cost per pound of copper produced came to 72 cents in the quarter. \n</p>\n<p>\n  Adjusted earnings were 24 cents a share. According to FactSet, analysts were expecting 10 cents a share. \n</p>\n<p>\n  Revenue rose to $594.9 million from $525 million. \n</p>\n<p>\n  Production in the quarter fell from a year earlier virtually across the board. Copper fell over 11%, while gold and silver output were down 18% and 3%, respectively. Zinc output fell 29%. Molybdenum output, which represents a small portion of its production, remained unchanged. \n</p>\n<p>\n  For the full year, the company reaffirmed its full year guidance of 117,000 to 149,000 tons of copper and 247,500 to 308,000 ounces of gold. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 06:37 ET (10:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hudbay Minerals 1Q Profit, Revenue Rise on Lower Costs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHudbay Minerals 1Q Profit, Revenue Rise on Lower Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-12 18:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre>\n \n</pre>\n<p>\n  Hudbay Minerals profit and revenue rose in the first quarter on the back of lower costs, while production fell. \n</p>\n<p>\n  The Canadian mining company, primarily focused on copper concentrate and zinc, posted on Monday a net income of $100.4 million, or 25 cents a share, up from $22.3 million, or 6 cents a share, in the comparable quarter a year ago. \n</p>\n<p>\n  Hudbay credits the performance to low consolidated cash cost performance and its execution on planned strategies. Sustaining cash cost per pound of copper produced came to 72 cents in the quarter. \n</p>\n<p>\n  Adjusted earnings were 24 cents a share. According to FactSet, analysts were expecting 10 cents a share. \n</p>\n<p>\n  Revenue rose to $594.9 million from $525 million. \n</p>\n<p>\n  Production in the quarter fell from a year earlier virtually across the board. Copper fell over 11%, while gold and silver output were down 18% and 3%, respectively. Zinc output fell 29%. Molybdenum output, which represents a small portion of its production, remained unchanged. \n</p>\n<p>\n  For the full year, the company reaffirmed its full year guidance of 117,000 to 149,000 tons of copper and 247,500 to 308,000 ounces of gold. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 06:37 ET (10:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MTX","symbol_name":"Minerals Technologies Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2534924088","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534924088","pubTimestamp":1747046220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Hudbay Minerals profit and revenue rose in the first quarter on the back of lower costs, while production fell.The Canadian mining company, primarily focused on copper concentrate and zinc, posted on Monday a net income of $100.4 million, or 25 cents a share, up from $22.3 million, or 6 cents a share, in the comparable quarter a year ago.Hudbay credits the performance to low consolidated cash cost performance and its execution on planned strategies. Sustaining cash cost per pound of copper produced came to 72 cents in the quarter.Adjusted earnings were 24 cents a share. According to FactSet, analysts were expecting 10 cents a share.Revenue rose to $594.9 million from $525 million.Production in the quarter fell from a year earlier virtually across the board. Copper fell over 11%, while gold and silver output were down 18% and 3%, respectively. Zinc output fell 29%. Molybdenum output, which represents a small portion of its production, remained unchanged.For the full year, the company re","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MTX":"Minerals Technologies Inc","HBM":"HudBay Minerals Inc"},"translate_title":"Hudbay Minerals第一季度利润和收入因成本降低而增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MTX":1,"HBM":1},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Hudbay Minerals profit and revenue rose in the first quarter on the back of lower costs, while production fell. \n\n\n  The Canadian mining company, primarily focused on copper concentrate and zinc, posted on Monday a net income of $100.4 million, or 25 cents a share, up from $22.3 million, or 6 cents a share, in the comparable quarter a year ago. \n\n\n  Hudbay credits the performance to low consolidated cash cost performance and its execution on planned strategies. Sustaining cash cost per pound of copper produced came to 72 cents in the quarter. \n\n\n  Adjusted earnings were 24 cents a share. According to FactSet, analysts were expecting 10 cents a share. \n\n\n  Revenue rose to $594.9 million from $525 million. \n\n\n  Production in the quarter fell from a year earlier virtually across the board. Copper fell over 11%, while gold and silver output were down 18% and 3%, respectively. Zinc output fell 29%. Molybdenum output, which represents a small portion of its production, remained unchanged. \n\n\n  For the full year, the company reaffirmed its full year guidance of 117,000 to 149,000 tons of copper and 247,500 to 308,000 ounces of gold. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 06:37 ET (10:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}