Did Hudbay raise or lower its guidance for full‑year 2025 earnings, cash flow, and capital expenditures?

Answer: Hudbay raised its full‑year 2025 guidance for earnings, cash flow and capital‑expenditure (CAPEX) targets.

Analysis & Trading Implications

The second‑quarter 2025 results beat expectations across all key metrics, prompting management to lift its full‑year 2025 outlook for earnings, cash flow and CAPEX. The upgraded guidance signals that the company’s operational execution—particularly higher metal prices and improved mine‑site efficiencies—is delivering stronger than expected cash generation, which in turn supports the higher capital‑budget plans announced in the press release. From a fundamental standpoint, the raised guidance reduces downside risk to the stock and aligns the company with the broader bullish trend in the base‑metal sector (copper, gold and zinc) that is currently benefiting from a tightening supply‑demand environment and a relatively strong U.S. dollar. The forward‑looking earnings multiple remains modest relative to peers, making the updated guidance especially attractive for investors seeking exposure to a well‑positioned mid‑cap miner with upside upside potential.

Actionable Trade View

- Long Position: The upgraded outlook plus the continued positive price environment makes a bullish bias appropriate. Consider entering a mid‑term long (3‑6 months) at current levels, targeting the next resistance zone around $33‑$34 (the 50‑day moving‑average breakout point).

- Risk Management: Place a stop‑loss just below the 20‑day low (~$28.5) to protect against any sudden reversal in commodity pricing.

- Catalyst Watch: The upcoming Q3 earnings release (late October) and the company’s FY‑2025 capital‑budget rollout will be key catalysts. If the company re‑confirms the raised guidance or beats expectations, the stock could test the $36‑$38 range; a miss could prompt a pull‑back to the $30‑$31 support zone.