Hudbay Minerals
HBM · NYSE · Basic Materials
$26.90
+$0.47 (+1.74%) today
Market Cap
$11.95B
24h Volume
$126.9M
P/E Ratio
16.5
52w High
$31.85
52w Low
$13.43
Est. AI Revenue
5%
7-Day Sparkline (Static)
Company facts
Performance
About Hudbay Minerals
Hudbay Minerals is a Canadian diversified mining company focused on copper, with meaningful gold, silver, and zinc by-products. It makes money by mining ore, processing it into metal concentrates, and selling those concentrates to smelters and traders around the world.
Its producing assets are the Constancia mine in Peru, the Snow Lake operations in Manitoba, and the Copper Mountain mine in British Columbia. Its most important growth project is Copper World in Arizona, a planned open-pit mine that would add new domestic US copper supply.
Founded in 1927 and headquartered in Toronto, Hudbay is one of the longest-running names in Canadian mining. It trades on the NYSE and sits among the mid-tier producers most leveraged to long-term copper demand from electrification.
Hudbay Minerals in the AI buildout
Hudbay sits in the Raw Materials layer of the AI buildout. Copper is the workhorse conductor in data centers, running through power distribution, busbars, transformers, and the grid connections that feed new campuses. Hudbay does not sell to AI companies directly. It supplies the commodity market that data center and grid construction draws on. Its Copper World project in Arizona is the AI-relevant angle: new US copper capacity arriving as the buildout tightens an already constrained market.
HBM is tracked in Raw Materials & Mining, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
HBM trades at $26.90, 73% of the way up its 52-week range of $13.43 to $31.85.
Market cap
Market capitalization is $11.95B, with an AI Exposure Score of 12 out of 100.
Valuation vs peers
Its P/E ratio of 16.5 is below the Raw Materials & Mining category median of 29.7.
Next earnings
Hudbay Minerals is next expected to report earnings on October 29, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Hudbay Minerals do?
Hudbay Minerals is a Canadian mining company that produces copper along with gold, silver, and zinc. It operates the Constancia mine in Peru, the Snow Lake operations in Manitoba, and the Copper Mountain mine in British Columbia, and is advancing the Copper World project in Arizona.
How is Hudbay Minerals exposed to AI?
Indirectly. Copper is essential to data center power systems and the grid upgrades the AI buildout requires, but Hudbay sells into the broad commodity market rather than to AI customers. Supercycle rates it Peripheral with an AI Exposure Score of 12 out of 100.
Is HBM a pure play AI stock?
No. Hudbay is a diversified copper and precious metals miner. Its results depend on metal prices, ore grades, and mine execution rather than AI demand. The AI buildout is a supportive backdrop for copper, not a direct revenue driver for the company.
Who leads Hudbay Minerals?
Peter Kukielski serves as president and CEO of Hudbay Minerals. The company was founded in 1927 and is headquartered in Toronto, giving it nearly a century of continuous operating history in Canadian mining.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
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