Hudbay Minerals Inc T.HBM

Alternate Symbol(s): HBM

Metals & Mining Industrial Metals & Minerals

Hudbay Minerals Inc. is a copper-focused mining company. The Company has operations and pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru, and the United States. The Company’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Its growth pipeline includes the Copper World project in Arizona, the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations. The Company owns 75% of the Copper Mountain Mine, which is located south of Princeton, British Columbia. Copper Mountain Mine is a conventional open pit, truck, and shovel operation. The mine has approximately 45,000 tons per day plant that utilizes a conventional crushing, grinding and flotation circuit to produce copper concentrates with gold and silver credits.

TSX:HBM - Post by User

Hudbay Minerals Inc

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Comment by Banner60on Nov 05, 2020 12:08pm

229 Views

Post# 31842442

RE:The Globe and Mail reports

Thanks for the summary. I've been trading this for several months. It might be time to buy and hold.

Ridgeback wrote:
Globe says Hudbay Minerals a "Top Pick" at BMO

Hudbay Minerals Inc (C:HBM)
Shares Issued 261,272,151
Last Close 11/4/2020 $6.41
Thursday November 5 2020 - In the News

The Globe and Mail reports in its Thursday, Nov. 5, edition that BMO Nesbitt Burns analyst Jackie Przybylowski raised his target for Hudbay Minerals ($6.41) to a Street-high $10 from $9.50 with an unchanged "outperform" rating. The Globe's David Leeder writes in the Eye On Equities column that elsewhere, TD Securities analyst Greg Barnes moved his share target to $8.50 from $7.50 with a "buy" rating. Analysts on average target the shares at $7.25. Ms. Przybylowski says in a note, "Hudbay not only reported a good Q3 result, but it continues to progress toward near/medium-term deliverables, which support our investment thesis." Ms. Przybylowski notes that Hudbay is a "Top Pick" at BMO. She adds, "The operations perform well and Hudbay is progressing the New Britannia expansion and adding value to Peru." The Globe reported on Sept. 5 that Paradigm Capital analyst Jeff Woolley continued to rate Hudbay "buy." The shares could then be had for $5.89. The Globe reported on Oct. 14 that Scotia Capital analyst Orest Wowkodaw had upgraded Hudbay to "sector outperform" from "sector perform." The shares could then be had for $5.89.