Hudbay Minerals (HBM) vs Nexa Resources S.A. (NEXA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nexa Resources S.A. (NEXA) has outperformed Hudbay Minerals (HBM) over the past year, gaining 133.0% versus a gain of 48.3%. Over five years, HBM leads with a +239.4% price change compared with +14.9% for NEXA. Hudbay Minerals is the larger company by market cap ($11.60 billion vs $1.75 billion), about 6.6 times the size.
On valuation, Nexa Resources S.A. trades at a lower forward P/E (4.1x vs 13.1x for Hudbay Minerals). Hudbay Minerals pays a dividend yielding 0.08%, while Nexa Resources S.A. does not currently pay one. Hudbay Minerals converts more of its revenue into profit, with a net margin of 25.7% versus 4.4%.
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 | NEXA |
|---|---|---|
| Share price | $26.12 | $13.20 |
| Market cap | $11.60B | $1.75B |
| 1-day change | +2.88% | +5.52% |
| YTD return | +27.91% | +41.36% |
| 1-year return | +48.31% | +132.96% |
| 5-year return | +239.44% | +14.88% |
| P/E ratio (TTM) | 15.27 | 6.32 |
| Forward P/E | 13.07 | 4.13 |
| EPS (TTM) | $1.71 | $2.09 |
| Dividend yield | 0.08% | 0.00% |
| Annual dividend | $0.021 | $0.00 |
| Revenue (latest FY) | $2.21B | $3.00B |
| Revenue growth (YoY) | +9.39% | +8.52% |
| Net income (latest FY) | $568.50M | $132.63M |
| Gross margin | 33.61% | 23.75% |
| Operating margin | 41.45% | 16.59% |
| Net margin | 25.71% | 4.42% |
| 52-week high | $32.15 | $16.89 |
| 52-week low | $14.34 | $5.05 |
| Distance from 52-week high | -18.76% | -21.85% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +34.07% | +12.42% |
| Average volume | 4.54M | 686.92K |
| Shares outstanding | 444.14M | 132.44M |
| 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
- Hudbay Minerals is about 6.6 times larger than Nexa Resources S.A. by market value ($11.60B vs $1.75B).
- NEXA has outperformed HBM by 84.7 percentage points over the past year.
- Hudbay Minerals trades at a higher earnings multiple (15.3x vs 6.3x trailing P/E).
- Hudbay Minerals is more profitable, keeping 25.7 cents of every revenue dollar as net income versus 4.4 cents for Nexa Resources S.A..
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 Nexa Resources S.A.
NEXA stock →Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting.
Basic Materials · Metal Mining
HBM vs NEXA FAQ
Which is bigger, Hudbay Minerals or Nexa Resources S.A.?
Hudbay Minerals (HBM) is larger, with a market capitalization of $11.60B compared with $1.75B for Nexa Resources S.A. (NEXA).
Which stock has performed better over the past year, HBM or NEXA?
NEXA returned +132.96% over the past 12 months, compared with +48.31% for HBM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HBM or NEXA?
NEXA has the lower trailing P/E at 6.3, versus 15.3 for HBM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hudbay Minerals or Nexa Resources S.A.?
Hudbay Minerals pays a dividend yielding 0.08%, while Nexa Resources S.A. does not currently pay a regular dividend.
Are Hudbay Minerals and Nexa Resources S.A. in the same industry?
Yes. Both are classified in the Metal Mining industry within the Basic Materials sector.