Hudbay Minerals Reports Robust Q3 2025 Earnings, Maintains Copper and Gold Output
Mining News | 2025-11-13 12:08:38
Also, net debt reduced to $435.9 million, compared to $525.7 million at December 31, 2024.
By Paul Ploumis
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.
YOU MAY ALSO BE INTERESTED IN:
Hudbay Minerals Strikes Deal to Sell Stake in Arizona Copper Project
POLL
How do you view Hudbay Minerals’ performance in Q3 2025 despite operational challenges?
Frequently Asked Questions
- How did Hudbay Minerals perform financially in Q3 2025?
Hudbay reported revenue of $346.8 million and net earnings of $222.4 million, reflecting solid performance and resilience despite operational challenges.
- What were the company’s liquidity and debt positions during the quarter?
The company maintained strong liquidity of $1.04 billion and successfully reduced net debt to $435.9 million from $525.7 million at the end of 2024.
- Did Hudbay make any changes to its production outlook?
No, Hudbay reaffirmed its 2025 copper and gold production guidance, expecting output to be near the lower end of the previously announced ranges.
