TSX:HBM - Post Discussion
Post by
retiredcf on Aug 02, 2024 6:47am
Analyst Comment
RISKY
Hudbay Minerals(HBM-T)
01/08/2024
Copper's been all over the place, and really down lately on a weaker China. Whole copper complex trades at a premium because they know there's this thirst for copper amid shortages. Materially paid down debt. Trades at discount (4.8) to large-cap peers (5.6). He models 40% EPS at a 31 PE.
Was risky, de-risked to a large extent. Copper's not for the faint of heart. A whippy player, but a winner if it continues to execute well and copper does well.
Precious Metals
Greg Newman
$10.850
Unknown
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