Hudbay Minerals (HBM) vs MP Materials (MP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hudbay Minerals (HBM) has outperformed MP Materials (MP) over the past year, gaining 63.8% versus a loss of 37.2%. Over five years, HBM leads with a +245.9% price change compared with +36.3% for MP. Hudbay Minerals is the larger company by market cap ($11.49 billion vs $8.25 billion), about 1.4 times the size, while MP Materials is growing revenue faster (+10.1% vs +9.4%).
On valuation, Hudbay Minerals trades at a lower forward P/E (12.9x vs 56.3x for MP Materials). Hudbay Minerals pays a dividend yielding 0.08%, while MP Materials does not currently pay one. Hudbay Minerals converts more of its revenue into profit, with a net margin of 25.7% versus -38.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HBM | MP |
|---|---|---|
| Share price | $25.87 | $46.31 |
| Market cap | $11.49B | $8.25B |
| 1-day change | -4.01% | -4.57% |
| YTD return | +30.33% | -8.33% |
| 1-year return | +63.84% | -37.22% |
| 5-year return | +245.86% | +36.29% |
| P/E ratio (TTM) | 15.13 | — |
| Forward P/E | 12.95 | 56.27 |
| EPS (TTM) | $1.71 | $-0.33 |
| Dividend yield | 0.08% | 0.00% |
| Annual dividend | $0.021 | $0.00 |
| Revenue (latest FY) | $2.21B | $224.44M |
| Revenue growth (YoY) | +9.39% | +10.10% |
| Net income (latest FY) | $568.50M | $-85.87M |
| Gross margin | 33.61% | 14.10% |
| Operating margin | 41.45% | -66.55% |
| Net margin | 25.71% | -38.26% |
| 52-week high | $32.15 | $100.25 |
| 52-week low | $14.34 | $37.81 |
| Distance from 52-week high | -19.53% | -53.81% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +35.37% | +57.63% |
| Average volume | 4.53M | 5.85M |
| Shares outstanding | 444.14M | 178.10M |
| Employees | — | 998 |
| Sector | Basic Materials | Basic Materials |
| Industry | Metal Mining | Metal Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- HBM has outperformed MP by 101.1 percentage points over the past year.
- Hudbay Minerals is more profitable, keeping 25.7 cents of every revenue dollar as net income versus -38.3 cents for MP Materials.
About Hudbay Minerals
HBM stock →Hudbay Minerals Inc., a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It primarily explores for copper concentrates containing copper, gold, zinc, molybdenum concentrates, and silver.
Basic Materials · Metal Mining
About MP Materials
MP stock →MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.
Basic Materials · Metal Mining · 998 employees
HBM vs MP FAQ
Which is bigger, Hudbay Minerals or MP Materials?
Hudbay Minerals (HBM) is larger, with a market capitalization of $11.49B compared with $8.25B for MP Materials (MP).
Which stock has performed better over the past year, HBM or MP?
HBM returned +63.84% over the past 12 months, compared with -37.22% for MP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Hudbay Minerals or MP Materials?
Hudbay Minerals pays a dividend yielding 0.08%, while MP Materials does not currently pay a regular dividend.
Are Hudbay Minerals and MP Materials in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.