HBM vs IPX vs SLSR Stock Comparison

Hudbay Minerals, Iperionx and Solaris Resources Prices as of Oct 26, 2026 Peers: Industry group
HBM Hudbay Minerals Inc.
$22.16 -16.8% 1M +40.0% 1Y
Market cap
$9.24B
P/E
13.5x
Revenue (TTM)
$2.47B
Div. yield
0.00%
Copper Basic Materials
5 wins
IPX IPERIONX Ltd
$13.06 -33.4% 1M -73.7% 1Y
Market cap
$486.82M
P/E
–
Revenue (TTM)
—
Div. yield
–
Copper Basic Materials

Head to Head

6 decided of 12

Hudbay Minerals leads on 5 of the 12 questions below (Hudbay Minerals 5, Solaris Resources 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHBMIPXSLSRLeader
Larger companyMarket capitalisation $9.24B $486.82M $1.13B HBM
Cheaper on earningsLower P/E, profitable companies only 13.5x -6.6x -20.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 15.0x — — –
Faster revenue growthRevenue growth, trailing twelve months +12.1% — -27.3% HBM
More profitableNet margin, trailing twelve months 27.7% — — –
Better return on capitalReturn on invested capital 12.6% — — –
Less leveragedLower net debt / EBITDA 0.1x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +40.0% -73.7% +8.4% HBM
Better 5-year returnAnnualised price return, 5 years +26.0%/yr — -9.3%/yr HBM
Less volatileAnnualised volatility, 1 year 62.6% 83.9% 58.3% SLSR
Higher overall scoreMean of the five percentile scores vs peers 70/100 — 38/100 HBM

Percentile Scorecard

HBMIPXSLSR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHBMIPXSLSR
Valuation 83 #29 of 162 6 #152 of 162 30 #113 of 162
Growth 89 #17 of 147 – 49 #76 of 147
Profitability 87 #17 of 122 – –
Financial Health 49 #85 of 165 56 #74 of 165 35 #108 of 165
Shareholder Returns 43 #62 of 107 – –
Overall 70 – 38
  • HBM ranked among 176 companies in Metals and Mining
  • IPX ranked among 176 companies in Metals and Mining
  • SLSR ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHBMIPXSLSRSPY
1 month -16.8%-33.4%-5.6% -0.8%
3 months -1.0%-43.1%-13.8% +3.5%
6 months -9.2%-60.0%-36.6% +7.0%
Year to date +11.6%-63.9%-15.7% +12.2%
1 year +40.0%-73.7%+8.4% +13.0%
3 years +405.9%+64.9%+68.8% +86.3%
3 years, per year +71.7%+18.2%+19.1% +23.1%
5 years +217.9%—-38.6% +68.6%
5 years, per year +26.0%—-9.3% +11.0%
10 years +475.6%—— +258.0%
10 years, per year +19.1%—— +13.6%

Risk

MeasureHBMIPXSLSRSPY
Volatility, 1Y 62.6%83.9%58.3% 12.7%
Downside volatility, 1Y 67.5%91.0%60.2% 12.7%
Beta vs S&P 500, 1Y 2.753.572.18 1.00
Return / volatility, 1Y 0.64-0.880.14 1.02
Max drawdown, 5Y -63.3%-79.3%-85.6% -25.4%
From 52-week high -30.5%-78.3%-39.6% -1.8%
52-week high $31.87$60.11$11.13 $779.14
52-week low $14.58$12.44$6.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHBMIPXSLSR
P/E now vs peer median 12.8xmedian 12.8x -6.6xmedian 12.8x -20.4xmedian 12.8x
P/S now vs peer median 3.6xmedian 3.1x -278.1xmedian 3.1x -179.4xmedian 3.1x
EV/EBITDA now vs peer median 5.9xmedian 7.0x —median 7.0x -30.7xmedian 7.0x
P/FCF now vs peer median 10.0xmedian 15.2x -6.9xmedian 15.2x -14.2xmedian 15.2x
P/B now vs peer median 1.8xmedian 2.1x 5.0xmedian 2.1x -22.3xmedian 2.1x
PEG now vs peer median 0.04median 0.29 —median 0.29 —median 0.29

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHBMIPXSLSR
Revenue $2.47B – -$6.25M
Gross profit $972.40M – –
Operating income $1.10B – -$49.57M
Net income $680.00M – -$30.06M
Free cash flow $880.20M – -$78.72M
R&D $58.40M – $16.18M
EPS (diluted) $1.72 – $-0.33
Cash & equivalents $890.90M $35.24M $54.01M
Total debt $3.67B $37.59M –
Shares (diluted) 396.65M 33.57M 165.13M
Enterprise value $6.09B $253.81M $1.00B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHBMIPXSLSR
P/E 12.8x -6.6x -20.4x
P/FCF 10.0x -6.9x -14.2x
P/Operating cash flow 10.0x – –
P/S 3.6x -278.1x -179.4x
P/B 1.8x 5.0x -22.3x
P/Tangible book 1.8x 5.8x -22.3x
EV/EBITDA 5.9x – -30.7x
EV/EBIT 8.1x – -21.5x
EV/Revenue 3.6x – -170.8x
EV/FCF 10.2x – -13.6x
EV/Operating cash flow 10.2x – –
PEG (3Y EPS CAGR) 0.04 – –

Growth

14 metrics
MetricHBMIPXSLSR
Revenue growth (1Y) 12.1% – -27.3%
Revenue CAGR (3Y) 24.6% – –
Gross profit growth (1Y) 32.8% – –
Gross profit CAGR (3Y) 71.9% – –
Operating income growth (1Y) 89.3% – 40.3%
Operating income CAGR (3Y) 126.5% – –
Net income growth (1Y) 139.9% – 55.4%
Net income CAGR (3Y) 410.6% – –
EPS growth (1Y) 122.6% – 40.2%
EPS CAGR (3Y) 346.8% – –
Operating cash flow growth (1Y) 1.5% – –
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) 2,912% – 2.2%
Free cash flow CAGR (3Y) 115.3% – –

Profitability

14 metrics
MetricHBMIPXSLSR
Gross margin 39.4% – –
EBITDA margin 61.9% – –
Operating margin 44.7% – –
Pretax margin 47.3% – –
Net margin 27.7% – –
FCF margin 35.7% – –
Operating cash flow margin 35.6% – –
Return on equity 16.3% – –
Return on assets 43.1% – 38.8%
Return on invested capital 12.6% – –
Return on capital employed – – -70.0%
Asset turnover 1.6x – -0.1x
Cash conversion (OCF / net income) 1.3x – –
Stock comp / revenue 3.3% – -78.9%

Financial Health

11 metrics
MetricHBMIPXSLSR
Debt / assets 78.4% 30.7% –
Debt / equity 0.2x 0.4x –
Net debt / EBITDA 0.1x – –
Debt / FCF 1.3x – –
Liabilities / assets -231.7% 16.5% 148.9%
Equity / assets 331.7% 83.5% -48.9%
Interest coverage 14.9x – -10.1x
Current ratio – 3.2x 8.4x
Quick ratio – 2.8x 8.2x
Cash ratio – 2.6x 8.2x
Altman Z-score – – -1.22

Shareholder Returns

7 metrics
MetricHBMIPXSLSR
Dividend yield 0.1% – –
Net buyback yield -0.4% – –
Shareholder yield -0.2% 0.0% –
Payout ratio (earnings) 1.3% – –
Payout ratio (FCF) 1.0% – –
Dividend growth (1Y) -260.4% – –
Dividend CAGR (3Y) -59.0% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHBMIPXSLSR
Forward P/E 15.0xFY2026 – –
EPS, next fiscal year $1.48FY2026 $-0.17FY2027 $-0.18FY2026
EPS growth, next FY +120.9%FY2026 – –
EPS growth, the year after +27.7% – –
Revenue, next fiscal year $3.05BFY2026 $22.33MFY2027 $0.00FY2026
Revenue growth, next FY +37.8%FY2026 – –
Revenue growth, the year after +18.9% +331.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHBMIPXSLSR
Held by institutions 83.1% 13.9% –
Institutions holding 319 59 –
Change in shares held, QoQ +10.9% +9.4% –
Institutions buying 200 46 –
Institutions selling 82 7 –
Buyers to sellers 2.44 6.57 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HBMIPXSLSR
HBM 1.00 0.57 0.82
IPX 0.57 1.00 0.54
SLSR 0.82 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HBM, IPX and SLSR?

Hudbay Minerals (HBM) is the largest by market capitalisation: Hudbay Minerals (HBM) $9.24B, Iperionx (IPX) $486.82M, Solaris Resources (SLSR) $1.13B.

Which company is growing faster?

Hudbay Minerals (HBM) grew revenue fastest over the trailing twelve months: Hudbay Minerals (HBM) +12.1%, Solaris Resources (SLSR) -27.3%.

Which stock has performed better?

Over the past year Hudbay Minerals (HBM) returned the most: Hudbay Minerals (HBM) +40.0%, Iperionx (IPX) -73.7%, Solaris Resources (SLSR) +8.4%. Over five years, Hudbay Minerals (HBM) compounded fastest (Hudbay Minerals (HBM) +26.0%/yr, Solaris Resources (SLSR) -9.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Solaris Resources (SLSR) has been the steadiest (Hudbay Minerals (HBM) 62.6%, Iperionx (IPX) 83.9%, Solaris Resources (SLSR) 58.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HBM, IPX and SLSR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hudbay Minerals (HBM) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.