NEXM vs IE vs HBM Stock Comparison

NexMetals Mining, Ivanhoe Electric and Hudbay Minerals Prices as of Oct 29, 2026 Peers: Industry group
NEXM NexMetals Mining Corp.
$1.41 -26.6% 1M -65.1% 1Y
Market cap
$47.05M
P/E
–
Revenue (TTM)
$314.41K
Div. yield
–
Copper Basic Materials
1 win
IE Ivanhoe Electric Inc.
$8.42 -20.8% 1M -39.9% 1Y
Market cap
$1.21B
P/E
–
Revenue (TTM)
$3.02M
Div. yield
–
Copper Basic Materials
1 win
HBM Hudbay Minerals Inc.
$23.35 -13.6% 1M +43.9% 1Y
Market cap
$8.48B
P/E
12.4x
Revenue (TTM)
$2.47B
Div. yield
0.00%
Copper Basic Materials
7 wins

Head to Head

9 decided of 12

Hudbay Minerals leads on 7 of the 12 questions below (Hudbay Minerals 7, NexMetals Mining 1, Ivanhoe Electric 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEXMIEHBMLeader
Larger companyMarket capitalisation $47.05M $1.21B $8.48B HBM
Cheaper on earningsLower P/E, profitable companies only -1.3x -35.2x 12.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 15.8x –
Faster revenue growthRevenue growth, trailing twelve months +280.5% -20.6% +12.1% NEXM
More profitableNet margin, trailing twelve months -11,801.7% -1,138.7% 27.7% HBM
Better return on capitalReturn on invested capital — 0.0% 12.6% HBM
Less leveragedLower net debt / EBITDA — -13.0x 0.1x IE
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -65.1% -39.9% +43.9% HBM
Better 5-year returnAnnualised price return, 5 years -46.2%/yr — +27.4%/yr HBM
Less volatileAnnualised volatility, 1 year 69.3% 77.0% 62.6% HBM
Higher overall scoreMean of the five percentile scores vs peers 38/100 45/100 70/100 HBM

Percentile Scorecard

NEXMIEHBM

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

AxisNEXMIEHBM
Valuation 8 #150 of 163 25 #122 of 163 82 #31 of 163
Growth 59 #62 of 148 63 #56 of 148 90 #16 of 148
Profitability 3 #120 of 123 38 #77 of 123 88 #16 of 123
Financial Health 82 #30 of 164 87 #23 of 164 48 #86 of 164
Shareholder Returns – 14 #93 of 108 44 #61 of 108
Overall 38 45 70
  • NEXM ranked among 176 companies in Metals and Mining
  • IE ranked among 176 companies in Metals and Mining
  • HBM 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

PeriodNEXMIEHBMSPY
1 month -26.6%-20.8%-13.6% +0.7%
3 months -33.8%-9.9%+2.7% +3.7%
6 months -47.8%-34.4%+1.0% +7.1%
Year to date -63.9%-47.3%+17.6% +12.8%
1 year -65.1%-39.9%+43.9% +11.9%
3 years -93.8%-15.4%+439.3% +85.2%
3 years, per year -60.4%-5.4%+75.4% +22.8%
5 years -95.5%—+235.5% +67.6%
5 years, per year -46.2%—+27.4% +10.9%
10 years -97.9%—+469.5% +262.0%
10 years, per year -32.1%—+19.0% +13.7%

Risk

MeasureNEXMIEHBMSPY
Volatility, 1Y 69.3%77.0%62.6% 12.7%
Downside volatility, 1Y 71.4%81.1%67.2% 12.6%
Beta vs S&P 500, 1Y 1.523.342.76 1.00
Return / volatility, 1Y -0.94-0.520.70 0.94
Max drawdown, 5Y -97.2%-71.1%-63.3% -25.4%
From 52-week high -68.9%-57.7%-26.7% -1.2%
52-week high $4.54$19.92$31.87 $779.14
52-week low $1.38$7.68$14.58 $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.

MultipleNEXMIEHBM
P/E now vs peer median -1.4xmedian 13.2x -38.7xmedian 13.2x 13.5xmedian 13.2x
P/S now vs peer median 159.9xmedian 3.1x 444.5xmedian 3.1x 3.7xmedian 3.1x
EV/EBITDA now vs peer median —median 7.2x 66.0xmedian 7.2x 6.2xmedian 7.2x
P/FCF now vs peer median -0.8xmedian 15.2x -16.2xmedian 15.2x 10.5xmedian 15.2x
P/B now vs peer median 1.2xmedian 2.2x 2.5xmedian 2.2x 1.9xmedian 2.2x
PEG now vs peer median -0.06median 0.30 -0.79median 0.30 0.04median 0.30

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 monthsNEXMIEHBM
Revenue $314.41K $3.02M $2.47B
Gross profit – $1.78M $972.40M
Operating income – $14.34M $1.10B
Net income -$37.11M -$5.89M $680.00M
Free cash flow -$60.22M -$83.11M $880.20M
R&D $26.75M $78.04M $58.40M
EPS (diluted) $-1.04 $-0.22 $1.72
Cash & equivalents $11.93M $256.88M $890.90M
Total debt $3.73M $214.09M $3.67B
Shares (diluted) 35.65M 158.35M 396.65M
Enterprise value -$22.90M $422.75M $5.33B

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
MetricNEXMIEHBM
P/E -1.4x -38.7x 13.5x
P/FCF -0.8x -16.2x 10.5x
P/Operating cash flow -1.5x -12.7x 10.5x
P/S 159.9x 444.5x 3.7x
P/B 1.2x 2.5x 1.9x
P/Tangible book 1.2x 2.5x 1.9x
EV/EBITDA – 66.0x 6.2x
EV/EBIT – 78.2x 8.5x
EV/Revenue 124.6x 371.2x 3.8x
EV/FCF -0.7x -13.5x 10.7x
EV/Operating cash flow -1.2x -10.6x 10.7x
PEG (3Y EPS CAGR) -0.06 -0.79 0.04

Growth

14 metrics
MetricNEXMIEHBM
Revenue growth (1Y) 280.5% -20.6% 12.1%
Revenue CAGR (3Y) 48.4% -4.2% 24.6%
Gross profit growth (1Y) – -28.8% 32.8%
Gross profit CAGR (3Y) – 56.6% 71.9%
Operating income growth (1Y) – 111.6% 89.3%
Operating income CAGR (3Y) – 27.7% 126.5%
Net income growth (1Y) 3.3% 93.6% 139.9%
Net income CAGR (3Y) 8.0% 67.4% 410.6%
EPS growth (1Y) 41.8% 64.3% 122.6%
EPS CAGR (3Y) 22.0% 49.2% 346.8%
Operating cash flow growth (1Y) -11.0% 6.2% 1.5%
Operating cash flow CAGR (3Y) -5.8% 8.3% –
Free cash flow growth (1Y) -90.2% 28.4% 2,912%
Free cash flow CAGR (3Y) -35.7% 17.1% 115.3%

Profitability

14 metrics
MetricNEXMIEHBM
Gross margin – 58.7% 39.4%
EBITDA margin – 562.4% 61.9%
Operating margin – 474.5% 44.7%
Pretax margin – 207.3% 47.3%
Net margin -11,802% -1,139% 27.7%
FCF margin -19,155% -2,749% 35.7%
Operating cash flow margin -10,819% -3,507% 35.6%
Return on equity – -1.1% 16.3%
Return on assets – -1.0% 43.1%
Return on invested capital – 0.0% 12.6%
Return on capital employed – 2.7% –
Asset turnover 0.0x 0.0x 1.6x
Cash conversion (OCF / net income) 0.9x 18.0x 1.3x
Stock comp / revenue 669.6% 365.3% 3.3%

Financial Health

11 metrics
MetricNEXMIEHBM
Debt / assets 1.7% 6.0% 78.4%
Debt / equity 0.0x 0.1x 0.2x
Net debt / EBITDA – -13.0x 0.1x
Debt / FCF 0.0x -0.4x 1.3x
Liabilities / assets 12.7% 9.3% -231.7%
Equity / assets 87.3% 90.7% 331.7%
Interest coverage – – 14.9x
Current ratio 5.2x 5.0x –
Quick ratio 4.7x 5.2x –
Cash ratio 4.7x 4.8x –
Altman Z-score – 13.91 –

Shareholder Returns

7 metrics
MetricNEXMIEHBM
Dividend yield – – 0.1%
Net buyback yield – -19.2% -0.3%
Shareholder yield – -19.2% -0.2%
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.

ConsensusNEXMIEHBM
Forward P/E – – 15.8xFY2026
EPS, next fiscal year – $-0.06FY2026 $1.48FY2026
EPS growth, next FY – – +120.9%FY2026
EPS growth, the year after – – +27.7%
Revenue, next fiscal year – $3.16MFY2026 $3.05BFY2026
Revenue growth, next FY – -2.5%FY2026 +37.8%FY2026
Revenue growth, the year after – -6.5% +18.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEXMIEHBM
Held by institutions 17.5% 74.0% 83.1%
Institutions holding 15 203 319
Change in shares held, QoQ -7.1% +2.3% +10.9%
Institutions buying 7 126 200
Institutions selling 4 56 82
Buyers to sellers 1.75 2.25 2.44

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.

NEXMIEHBM
NEXM 1.00 0.43 0.46
IE 0.43 1.00 0.76
HBM 0.46 0.76 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEXM, IE and HBM?

Hudbay Minerals (HBM) is the largest by market capitalisation: NexMetals Mining (NEXM) $47.05M, Ivanhoe Electric (IE) $1.21B, Hudbay Minerals (HBM) $8.48B.

Which company is growing faster?

NexMetals Mining (NEXM) grew revenue fastest over the trailing twelve months: NexMetals Mining (NEXM) +280.5%, Ivanhoe Electric (IE) -20.6%, Hudbay Minerals (HBM) +12.1%.

Which company is more profitable?

Hudbay Minerals (HBM) has the highest net margin (NexMetals Mining (NEXM) -11,801.7%, Ivanhoe Electric (IE) -1,138.7%, Hudbay Minerals (HBM) 27.7%). On return on invested capital, Hudbay Minerals (HBM) leads (Ivanhoe Electric (IE) 0.0%, Hudbay Minerals (HBM) 12.6%).

Which stock has performed better?

Over the past year Hudbay Minerals (HBM) returned the most: NexMetals Mining (NEXM) -65.1%, Ivanhoe Electric (IE) -39.9%, Hudbay Minerals (HBM) +43.9%. Over five years, Hudbay Minerals (HBM) compounded fastest (NexMetals Mining (NEXM) -46.2%/yr, Hudbay Minerals (HBM) +27.4%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Hudbay Minerals (HBM) has been the steadiest (NexMetals Mining (NEXM) 69.3%, Ivanhoe Electric (IE) 77.0%, Hudbay Minerals (HBM) 62.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEXM, IE and HBM?

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 7. 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.