06:42 AM EST, 02/19/2025 (MT Newswires) -- Hudbay Minerals ( HBM ) on Wednesday said fourth-quarter adjusted net earnings fell on lower revenue and production.

Adjusted net earnings per share came in at US$0.18, down from US$0.20 in the same quarter of the previous year. The FactSet consensus non-GAAP EPS estimate was US$0.20.

Revenue fell to US$584.9 million from US$602.2 million. Adjusted EBITDA also dropped to US$257.3 million from US$274.4 million.

The company produced 43,262 tonnes of copper, down from 45,450 tonnes. Gold production also decreased to 94,161 ounces from 112,776 ounces. Silver production increased to 1.31 million ounces from 1.20 million ounces.