Hudbay Minerals Reports Robust Q3 2025 Earnings, Maintains Copper and Gold Output
Also, net debt reduced to $435.9 million, compared to $525.7 million at December 31, 2024.
SEATTLE (Scrap Monster): Canadian mining firm Hudbay Minerals Inc. announced its third quarter 2025 financial results, highlighting steady performance and operational resilience despite temporary disruptions at its operations in Manitoba and Peru.
For the three months ended September 30, 2025, Hudbay reported revenue of $346.8 million and adjusted EBITDA of $142.6 million, reflecting the company’s ability to maintain profitability amid volatile market conditions. Net earnings attributable to shareholders stood at $222.4 million, translating to earnings per share of $0.56.
During the quarter, cash and cash equivalents declined by $14.4 million, bringing the total to $611.1 million. However, the company’s total liquidity remained robust at $1.04 billion, supported by strong cash flow generation and disciplined financial management. Hudbay also made progress in reducing its debt load, with net debt falling to $435.9 million from $525.7 million at the end of 2024.
Despite facing operational interruptions in its Manitoba and Peru units, the company reaffirmed its full-year 2025 production outlook for both copper and gold. Hudbay expects to close the year near the lower end of its earlier guidance ranges — between 117,000 and 149,000 pounds of copper and 247,500 to 308,000 ounces of gold.
Commenting on the results, Peter Kukielski, President and CEO of Hudbay Minerals, emphasized the company’s adaptability and strong operational foundation. “This quarter was a testament to Hudbay’s resilience and the strength of our diversified portfolio. Despite temporary setbacks, we continued to deliver solid financial and production results,” he said.
Hudbay remains focused on advancing its strategic priorities, optimizing production efficiency, and maintaining a healthy balance sheet as it moves into the final quarter of 2025.
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