OTC:CETX 30 December 2025

July 10, 2026, 4:37 PM EDT. Hudbay Minerals (TSX:HBM) shares are up 332.8% in the past three years, and the miner just secured a permit to ramp up throughput at its Constancia copper mine in Peru. That could help keep production rates high. Based on Discounted Cash Flow analysis, the stock is priced almost 18.9% below its estimated value of CA$37.65 per share. Hudbay trades at 13.0x earnings, a bit under the P/E of metals and mining peers. There's upside if things go right, but investors are still watching for possible execution or regulatory risks tied to production.