Hudbay Minerals Inc T.HBM

1st quqrter —$.06

[cat2cat]

The good news is the next quarter should be 

• First quarter net loss and loss per share were $60.1 million and $0.23, respectively. After adjusting for one-time financing charges mainly related to the redemption of the 2025 senior notes and a revaluation of the gold prepayment liability, first quarter adjusted net loss per shareⁱ was $0.06. First quarter adjusted EBITDAⁱ was $104.2 million.
• Operating cash flow before change in non-cash working capital increased to $90.7 million in the first quarter of 2021, from $86.1 million in the fourth quarter of 2020 due to higher realized metal prices, offset by lower sales volumes.
• Cash and cash equivalents decreased during the first quarter to $310.6 million, as at March 31, 2021, mainly as a result of $83.0 million of capital investments primarily for the New Britannia project and Pampacancha development activities, $50.8 million of interest payments and $31.0 million in net transaction and early redemption costs related to the refinancing of the company’s 2025 notes, partially offset by cash generated from operations.

[cat2cat]

Should Read "The good news is the next quarter should be better".

[Swl1896]

Well that should push the price back down a little bit.  Maybe create a buying opportunity.

[houbahop]

No good short term, but another story long term.

[Unicorn9000]

how will the market react because there's 21 million delayed shipment that will be added to next qtr. it is not bad as it appears