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Hudbay Minerals Inc T.HBM

Alternate Symbol(s):  HBM

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

Post by Pat123on Aug 08, 2021 2:02pm
302 Views
Post# 33669663

Poorly managed company

Poorly managed companyWhy people are still investing in this? Look a the 10 year chart. For investors that want to invest in base metal stocks, Capstone and Copper Mountain have much better potential and are digging in stable countries. I own the 3 of them and I'm greatly dissapointed by HBM. I'm curious to see how they will mess the Q2 numbers with Copper averaging above 4.30 for the period. 

Regarding analysts target of $12-13 or even higher, I wish they are right but it won't happen with the current management.
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