Record $757M Revenue, $422M Adjusted EBITDA Drive Hudbay's Strong Q1 Performance
HBM has more than doubled off its 52-week low of $6.98.
Summary
Hudbay Minerals reported record first-quarter 2026 financial results, achieving $757.3 million in revenue, $421.9 million in adjusted EBITDA, and $159.1 million in adjusted net earnings. The company also delivered record low consolidated cash costs and generated $102.3 million in free cash flow, ending the quarter with over $1 billion in cash. These strong results reflect steady operating performance, expanding margins from copper and gold exposure, and effective cost control. Management reaffirmed its full-year 2026 production and cost guidance, signaling confidence in its operational outlook. The enhanced financial flexibility positions Hudbay to advance key growth projects like Copper World and other high-return opportunities.
At the time of this announcement, HBM was trading at $23.65 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $9.2B. The 52-week trading range was $6.98 to $28.74. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.