Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: hudbayminerals.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2024 | Hold → Buy | Jefferies | |
| 5/3/2024 | Hold | Jefferies | |
| 4/9/2024 | $9.00 | Neutral → Buy | BofA Securities |
| 3/26/2024 | Buy | Stifel | |
| 7/7/2023 | Equal Weight → Overweight | Barclays | |
| 5/19/2023 | Buy | Stifel | |
| 10/17/2022 | Overweight → Equal Weight | Barclays | |
| 7/19/2022 | Equal Weight → Overweight | Barclays | |
| 7/19/2022 | Outperform → Sector Perform | National Bank Financial | |
| 1/18/2022 | $12.00 → $14.00 | Outperform | Raymond James |
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6-K - Hudbay Minerals Inc. (0001322422) (Filer)
6-K - Hudbay Minerals Inc. (0001322422) (Filer)
6-K - Hudbay Minerals Inc. (0001322422) (Filer)
6-K - Hudbay Minerals Inc. (0001322422) (Filer)
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6-K - Hudbay Minerals Inc. (0001322422) (Filer)
6-K - Hudbay Minerals Inc. (0001322422) (Filer)
Issues Open Letter to Fellow Shareholders Regarding the Need for Boardroom Change Following Years of Underperformance Launches www.ABetterPathforCandC.com to Share Views with Respect to the Company and Communicate with Stakeholders Engine Capital LP today issued the below letter regarding its decision to nominate two highly qualified candidates for election to the Board of Directors of C&C Group Plc (LSE: CCR) at the 2024 Annual General Meeting. *** Fellow Shareholders: Engine Capital LP (together with its affiliates, "Engine" or "we") is a sizable long-term shareholder of C&C Group Plc ("C&C" or the "Company"), with ownership of just under 5.0% of the Company's outstanding shares
TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) is pleased to announce the appointment of Andre Lauzon as its Senior Vice President and Chief Operating Officer, effective January 4, 2022. He replaces Cashel Meagher, Senior Vice President and Chief Operating Officer, who has provided notice that he will be leaving the company to pursue other interests. Mr. Lauzon, who is currently the Vice President of Hudbay's Arizona Business Unit, has been working closely with Mr. Meagher over the past several years on key growth projects in Manitoba and Arizona and his appointment ensures a seamless transition in accordance with the company's
NEW YORK, Nov. 23, 2021 /PRNewswire/ -- Last week, US President Joe Biden unveiled one of the largest infrastructure plans in U.S. history. The bipartisan approval targets up to $1.2 trillion in funding, including $550 billion in new investments for bridges, airports, the nation's waterways and policies, transit, and more. Much of the bill targets electrification for infrastructure, buildings, and fleets of government vehicles. In addition to financing renewable energy, the infrastructure bill also provides $7.5 billion for electrification of public transport and an additional $7.5 billion for charging stations for electric vehicles (EVs), which is expected to drive demand for industrial met
Jefferies upgraded Hudbay Minerals from Hold to Buy
Jefferies initiated coverage of Hudbay Minerals with a rating of Hold
BofA Securities upgraded Hudbay Minerals from Neutral to Buy and set a new price target of $9.00
Stifel resumed coverage of Hudbay Minerals with a rating of Buy
Barclays upgraded Hudbay Minerals from Equal Weight to Overweight
Stifel resumed coverage of Hudbay Minerals with a rating of Buy
Barclays downgraded Hudbay Minerals from Overweight to Equal Weight
Barclays upgraded Hudbay Minerals from Equal Weight to Overweight
National Bank Financial downgraded Hudbay Minerals from Outperform to Sector Perform
Raymond James reiterated coverage of Hudbay Minerals with a rating of Outperform and set a new price target of $14.00 from $12.00 previously
TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Our enhanced operating platform delivered strong operating and financial results with record gold production in Manitoba and robust cost control across the business leading to expanded margins," said Peter Kukielski, President and Chief Executive Officer. "The third quarter demonstrated Hudbay's unique copper and gold diversification, providi
TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Wednesday, November 13, 2024 at 11:00 a.m. ET to discuss the company's third quarter 2024 results. Third Quarter 2024 Results Conference Call and Webcast Date:Wednesday, November 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814 Hudbay plans to issue a news release containing the third quarter 2024 results before market open on Wednesday, November 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay
TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Tuesday, August 13, 2024 at 11:00 a.m. ET to discuss the company's second quarter 2024 results. Second Quarter 2024 Results Conference Call and Webcast Date:Tuesday, August 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814 Hudbay plans to issue a news release containing the second quarter 2024 results before market open on Tuesday, August 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hud
TORONTO, May 14, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its first quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "We delivered another consecutive quarter of strong operational and financial performance with steady free cash flow generation and further debt reduction," said Peter Kukielski, President and Chief Executive Officer. "These results demonstrate the strength of our diversified operating base, with continued contributions from the high-grade Pamp
TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Tuesday, May 14, 2024 at 11:00 a.m. ET to discuss the company's first quarter 2024 results. First Quarter 2024 Results Conference Call and Webcast Date:Tuesday, May 14, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-416-764-8650 or 1-888-664-6383Additional Dial-in Hudbay plans to issue a news release containing the first quarter 2024 results before market open on Tuesday, May 14, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay
TORONTO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its fourth quarter and full year 2023 financial results, and announced 2024 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. Delivering Record Fourth Quarter and Full Year Operating and Financial Results Achieved record quarterly and annual revenue of $602.2 million and $1,690.0 million, respectively, with strong consolidated copper production of 45,450 tonnes and record consolidated gold produc
TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Friday, February 23, 2024 at 11:00 a.m. ET to discuss the company's fourth quarter 2023 results. Fourth Quarter 2023 Results Conference Call and Webcast Date:Friday, February 23, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-416-764-8650 or 1-888-664-6383RapidConnect Hudbay plans to issue a news release containing the fourth quarter 2023 results before market open on Friday, February 23, 2024 and post it on the company's website. An archived audio webcast of the call also will be available on Hudbay's website. About Hudbay H
TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2023 financial results. All amounts are in U.S. dollars, unless otherwise noted. Delivering Record Third Quarter Operating and Financial Results Achieved record quarterly revenue of $480.5 million with strong consolidated copper production of 41,964 tonnes and record quarterly consolidated gold production of 101,417 ounces as higher grades from the Pampacancha deposit in Peru and the Lalor mine in Manitoba were realized together with the first full quarter of Copper Mountain production for Hudbay.Reaffirmed full year 2023 production, cash cost and
TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Thursday, November 9, 2023 at 9:00 a.m. ET to discuss the company's third quarter 2023 results. Third Quarter 2023 Results Conference Call and Webcast Date:Thursday, November 9, 2023Time:9:00 a.m. ETWebcast:www.hudbay.comDial in:1-646-307-1591 or 1-800-599-5188International Access Numbers Hudbay plans to issue a news release containing the third quarter 2023 results on Wednesday, November 8, 2023 and post it on the company's website. An archived audio webcast of the call also will be available on Hudbay's website. About Hudbay Hudba
Phase I, which is a standalone operation requiring only state and local permits for an extended 20-year mine life, has an after-tax net present value (8%) of $1.1 billion and generates a 19% internal rate of return at a copper price of $3.75 per pound.Average annual copper production over the first ten years of approximately 92,000 tonnes at cash costs and sustaining cash costs of $1.53 and $1.95 per pound of copperi, respectively.Extended Phase I mine life to 20 years, with the potential for further expansion, compared to 16 years in the previous study with an 18% increase to total copper production and higher mill head grades.Lowered initial capital cost estimate to approximately $1.3 bill
TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its third quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "Our enhanced operating platform delivered strong operating and financial results with record gold production in Manitoba and robust cost control across the business leading to expanded margins," said Peter Kukielski, President and Chief Executive Officer. "The third quarter demonstrated Hudbay's unique copper and gold diversification, providi
TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Wednesday, November 13, 2024 at 11:00 a.m. ET to discuss the company's third quarter 2024 results. Third Quarter 2024 Results Conference Call and Webcast Date:Wednesday, November 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814 Hudbay plans to issue a news release containing the third quarter 2024 results before market open on Wednesday, November 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay
TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today announced that it has reached a final settlement with all plaintiffs in three civil lawsuits brought against the company regarding alleged actions that occurred in Guatemala in 2007 and 2009. This settlement concludes all outstanding legal matters related to Hudbay's former activities in Guatemala. Hudbay was named in the civil suits because of its ownership of the Fenix nickel project, which was acquired in 2008. In one of the lawsuits, brought by 11 female plaintiffs, the allegations against the Guatemalan company that owns the project predate Hudbay's ownership. In 2011, Hu
TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) is pleased to announce that it has received an Aquifer Protection Permit for the Copper World project ("Copper World") from the Arizona Department of Environmental Quality ("ADEQ"). The company proactively engaged with the ADEQ, ensuring a transparent and thorough permitting process by providing comprehensive and detailed information. The issuance of this permit is a key milestone in the advancement of Copper World, which is a standalone operation requiring state and local permits and is expected to produce 85,000 tonnes of copper per year over a 20-year mine life. "Receiving the
TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today released its second quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "The continued execution of our operational plans in the second quarter has positioned us well to achieve our 2024 production guidance, and our exposure to gold by-products and strong cost control have allowed us to improve our 2024 cash cost guidance," said Peter Kukielski, President and Chief Executive Officer. "Our strong and diversified o
Issues Open Letter to Fellow Shareholders Regarding the Need for Boardroom Change Following Years of Underperformance Launches www.ABetterPathforCandC.com to Share Views with Respect to the Company and Communicate with Stakeholders Engine Capital LP today issued the below letter regarding its decision to nominate two highly qualified candidates for election to the Board of Directors of C&C Group Plc (LSE: CCR) at the 2024 Annual General Meeting. *** Fellow Shareholders: Engine Capital LP (together with its affiliates, "Engine" or "we") is a sizable long-term shareholder of C&C Group Plc ("C&C" or the "Company"), with ownership of just under 5.0% of the Company's outstanding shares
TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) senior management will host a conference call on Tuesday, August 13, 2024 at 11:00 a.m. ET to discuss the company's second quarter 2024 results. Second Quarter 2024 Results Conference Call and Webcast Date:Tuesday, August 13, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-844-763-8274 or 647-484-8814 Hudbay plans to issue a news release containing the second quarter 2024 results before market open on Tuesday, August 13, 2024 and post it on the company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hud
TORONTO, June 12, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) today announced the release of its integrated annual and sustainability report ("Integrated Annual Report") which provides transparency and progress on key business accomplishments and sustainability initiatives in 2023 along with goals for the upcoming year and longer term. "For close to a century, Hudbay has been mining critical metals the world needs and creating value for our stakeholders – employees, community members, customers, consumers and investors – that extends far beyond investment returns," said Peter Kukielski, Hudbay's President and Chief Executive Officer. "In 2023
TUCSON, Ariz., June 6, 2024 /PRNewswire/ -- Copper World, Inc. jointly announces the signing and acceptance of a Letter of Intent with several unions, including The International Brotherhood of Boilermakers, Iron Ship Builders, Forgers and Helpers Local 627; The Laborers International Union of North America Local 1184; and The United Brotherhood of Carpenters and Joiners of America Local 1912. The letter outlines the intention to enter into a mutually acceptable Project Labor Agreement for the construction of the Copper World Mine in Pima County, Arizona. "We recognize and ack
TORONTO, May 24, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) is pleased to announce that the Company has closed its previously announced public offering of common shares of the Company (the "Common Shares"). The underwriters exercised the full over-allotment option to purchase an additional 15% of the Common Shares in connection with the Offering. The Company issued, on a bought deal basis, 42,366,000 Common Shares, including 5,526,000 Common Shares pursuant to the exercise of the over-allotment option, at a price of US$9.50 per Common Share for aggregate gross proceeds of US$402,477,000 (the "Offering"). The Offering was completed pursuant t
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Jefferies analyst Matthew Murphy maintains Hudbay Minerals (NYSE:HBM) with a Hold and raises the price target from C$13 to C$14.
Scotiabank analyst Orest Wowkodaw maintains Hudbay Minerals (TSX:HBM) with a Sector Outperform and raises the price target from C$14.5 to C$15.
Shares of XP Inc. (NASDAQ:XP) fell sharply during Wednesday's session after the company reported worse-than-expected first-quarter EPS results. XP posted quarterly earnings of 37 cents per share, missing market estimates of 40 cents per share. The company's quarterly sales came in at $818.79 million versus expectations of $784.08 million, according to data from Benzinga Pro. XP shares dipped 11.5% to $18.99 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Akoustis Technologies, Inc. (NASDAQ:AKTS) shares climbed 213.3% to $0.4254 after the company reportedly floated the probability of bankruptcy after losing a lawsuit against Qorvo. Barnes
U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday. Shares of Modine Manufacturing Company (NYSE:MOD) shares fell sharply in today’s pre-market trading following mixed fourth-quarter results. Modine Manufacturing posted adjusted earnings of 77 cents per share, versus market estimates of 76 cents per share. The company's quarterly sales came in at $603.50 million compared to expectations of $605.36 million, according to data from Benzinga Pro. Modine Manufacturing shares tumbled 8.8% to $92.50 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. LifeStance Health Group, Inc.
RBC Capital analyst Sam Crittenden maintains Hudbay Minerals (TSX:HBM) with a Outperform and raises the price target from C$11 to C$17.