11:37 AM EST, 02/19/2025 (MT Newswires) -- (Updates with stock move in the headline and first paragraph.)

Hudbay Minerals' ( HBM ) shares dropped nearly 17% in recent Wednesday trading after the company's Q4 results fell year-over-year and missed market expectations.

The mining company reported Q4 adjusted earnings of $0.18 per diluted share, down from $0.20 a year earlier. Analysts polled by FactSet expected $0.20.

Revenue for the quarter ended Dec. 31 was $584.9 million compared with $602.2 million a year earlier. Four analysts surveyed by FactSet expected $588.3 million.

Price: 7.45, Change: -1.51, Percent Change: -16.85