HBM - Hudbay Minerals Inc.

NYSE - NYSE Delayed Price. Currency in USD
7.09
+0.07 (+1.00%)
At close: 4:02PM EDT

7.09 0.00 (0.00%)
After hours: 4:17PM EDT

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Previous Close7.02
Open7.11
Bid6.97 x 800
Ask7.80 x 1100
Day's Range6.97 - 7.20
52 Week Range3.44 - 7.95
Volume709,626
Avg. Volume780,330
Market Cap1.847B
Beta (3Y Monthly)2.11
PE Ratio (TTM)21.68
EPS (TTM)0.33
Earnings DateN/A
Forward Dividend & Yield0.01 (0.21%)
Ex-Dividend Date2019-03-07
1y Target Est10.71
Trade prices are not sourced from all markets
  • GlobeNewswire7 days ago

    Hudbay Reaches Agreement To Purchase Rosemont's Minority Joint Venture Interest

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced today that it has reached an agreement with United Copper & Moly LLC (“UCM”) to purchase UCM’s 7.95% interest in the Rosemont project, and to terminate all of UCM’s remaining earn-in and off-take rights, for upfront cash consideration of US$45 million, plus three annual installments of US$10 million per year, commencing July 1, 2022. In connection with the transaction, Hudbay has agreed to release UCM from any and all obligations in relation to the Rosemont project, including project loans representing its proportionate share of joint venture expenditures incurred beyond its initial earn-in investment. UCM is jointly owned by Korea Resources Corporation and LG International Corp.

  • GlobeNewswire8 days ago

    Hudbay Announces Date of Annual and Special Meeting and Adoption of Shareholder Rights Plan

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced today that it will hold its annual and special meeting of shareholders (the “Meeting”) on May 7, 2019. The record date for determining the holders of the company’s common shares (each, a “Common Share”) entitled to receive notice of and vote at the Meeting is March 29, 2019. The company also announced that its board of directors (the “Board”) has approved the adoption of a shareholder rights plan (the “Rights Plan”) pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as Rights Agent, dated March 12, 2019 (the “Effective Date”).

  • GlobeNewswire11 days ago

    Hudbay Announces Receipt of Section 404 Water Permit for Rosemont

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced today that the U.S. Army Corps of Engineers ("Army Corps") has issued a Section 404 Water Permit (the “404 Permit”) for Hudbay’s Rosemont Project. Rosemont has already received the Final Record of Decision from the U.S. Forest Service (“USFS”), a process that involved 17 co-operating agencies at various levels of government, 16 hearings, over 1,000 studies, and 245 days of public comment resulting in more than 43,000 comments. Now that the 404 Permit has been issued, Hudbay expects to receive Rosemont’s Mine Plan of Operations from the USFS shortly and looks forward to moving the project into development.

  • GlobeNewswire22 days ago

    Hudbay Announces Discovery of a New Deposit with High-Grade Zinc and High-Grade Gold Intersections Between the Chisel North and Lalor Mines

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today announced the discovery of 35.6 metres of high-grade mineralization including both zinc-rich massive sulfides and gold. This deposit is located between the old Chisel North mine and the producing Lalor mine at a down hole depth between 540.7 and 576.3 metres. “These zinc-rich and gold-rich intersections highlight the ever prospective nature of the Flin Flon greenstone belt and demonstrate the value of our Manitoba assets,” said Alan Hair, Hudbay’s president and chief executive officer.

  • Associated Press28 days ago

    HudBay Minerals: 4Q Earnings Snapshot

    The Toronto-based company said it had a loss of 1 cent per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to 5 cents per share. The results beat Wall Street expectations. The ...

  • GlobeNewswire28 days ago

    Hudbay Announces Increased Lalor Mineral Reserves and Resources and Updated Mine Plan that Confirms Substantial Increase in Gold Production

    TORONTO, Feb. 19, 2019 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) is pleased to announce increased mineral reserves and resources for its Lalor mine.

  • GlobeNewswire28 days ago

    Hudbay Announces Fourth Quarter and Full Year 2018 Results and Provides 2019 Guidance

    TORONTO, Feb. 19, 2019 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its fourth quarter and full year 2018 financial results and production.

  • Private Equity Mines for an Activist Solution at Hudbay Minerals
    CorpGov.com28 days ago

    Private Equity Mines for an Activist Solution at Hudbay Minerals

    Waterton Global Resource Management Wants to Replace 80% of Hudbay Directors   By John Jannarone Hudbay Minerals has suffered a rough stock performance in recent years. Could some new resources help shore the mining company up? The Toronto-based firm has expanded from a key mining asset in Manitoba several years ago to a sprawling global […]

  • Bloomberg28 days ago

    Hudbay's No. 2 Investor Ratchets Up Pressure on Miner

    Hudbay could be worth about C$19 per share if it changes its leadership, reviews its portfolio and improves capital allocation, Waterton Global Resource Management said Tuesday in a 73-page presentation. Hudbay called Waterton’s plan “long on generalities and very short on specifics.” It said in a statement that the plan appeared to be largely based on a list of actions the miner is already taking and which are advancing well. Hudbay said it would address Waterton’s claims in more detail later.

  • Business Wire29 days ago

    Waterton Releases Presentation Detailing New Strategy to Maximize Shareholder Value at Hudbay

    Waterton Global Resource Management, Inc. (collectively with Waterton Precious Metals Fund II Cayman, LP, Waterton Mining Parallel Fund Offshore Master, LP and certain other affiliates, “Waterton” or “we” or “us”), which owns approximately 12% of the issued and outstanding shares (the “Shares”) of Hudbay Minerals Inc. (“Hudbay” or the “Company”) (HBM.TO) (HBM), today published a comprehensive presentation detailing a path forward for Hudbay to recognize its potential. Waterton highlights that with the right leadership and a truly independent Board of Directors with the necessary expertise, Hudbay will be able to close the existing valuation gap to its peer group1, resulting in meaningful share price appreciation.

  • HudBay Minerals (HBM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
    Zackslast month

    HudBay Minerals (HBM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

    HudBay Minerals (HBM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Will HudBay Minerals (HBM) Beat Estimates Again in Its Next Earnings Report?
    Zackslast month

    Will HudBay Minerals (HBM) Beat Estimates Again in Its Next Earnings Report?

    HudBay Minerals (HBM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • 4 Mining Stocks Poised to Outshine Q4 Earnings Estimates
    Zackslast month

    4 Mining Stocks Poised to Outshine Q4 Earnings Estimates

    Lower metal prices and weak production will likely be a drag for miners in Q4.

  • GlobeNewswirelast month

    New Research Coverage Highlights Canopy Growth, Philip Morris International, HudBay Minerals, Weis Markets, Polaris Industries, and Titan Machinery — Consolidated Revenues, Company Growth, and Expectations for 2019

    NEW YORK, Feb. 04, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • GlobeNewswire2 months ago

    Hudbay to Host Conference Call for Fourth Quarter 2018 Results

    TORONTO, Jan. 28, 2019 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) senior management will host a conference call on Wednesday, February 20, 2019 at 10.

  • GlobeNewswire2 months ago

    Hudbay Highlights Proven Track Record, Successful Execution and Strong Corporate Governance

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) highlights its proven track record, successful execution and strong corporate governance following Waterton Global Resource Management’s (“Waterton”) news release naming its nominees for election to the company’s Board of Directors at its next annual shareholders’ meeting. Hudbay’s Board and management remain committed to the company’s disciplined approach to driving long-term and sustainable value creation. Hudbay’s management team has a proven track record of successful new mine development and expertise in both open pit and underground mining.

  • The Wall Street Journal2 months ago

    [$$] Waterton Seeks to Replace Board, CEO at Canadian Miner Hudbay

    Private-equity firm Waterton Global Resource Management Inc. is launching a proxy fight with Hudbay Minerals Inc., pushing the Canadian mining company to overhaul its board and replace its chief executive. Waterton, which has a nearly 12% stake in Hudbay and is its second-largest shareholder according to FactSet, seeks to replace eight of the company’s 10 board members with its own nominees. The private-equity firm that focuses on the metals and mining sector also recommended Hudbay fire Alan Hair as CEO, who took over as chief in 2016 and has been a board member since 2012, and hire Peter Kukielski to succeed him and join the board.

  • Waterton Announces Eight Fully Independent Director Nominees for Election to Hudbay Minerals Board at 2019 Annual Meeting
    Business Wire2 months ago

    Waterton Announces Eight Fully Independent Director Nominees for Election to Hudbay Minerals Board at 2019 Annual Meeting

    Waterton’s Highly-Qualified Nominees Possess the Specific Necessary Skills – including Relevant Operating, Permitting, Financial and Leadership Expertise – to Resolve the Issues th

  • GlobeNewswire3 months ago

    Hudbay Minerals Completes Acquisition of Mason Resources

    OTCQB: MSSNF – “Mason”) and Hudbay Minerals Inc. (TSX & NYSE: HBM – “Hudbay”) announce today the completion of the previously announced plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia) (the “Arrangement”) whereby Hudbay has acquired all of the issued and outstanding common shares of Mason (“Common Shares”) it did not already own for C$0.40 per Common Share. “We are pleased to complete the acquisition of Mason and add the Ann Mason project to our pipeline,” said Alan Hair, president and chief executive officer of Hudbay.

  • GlobeNewswire3 months ago

    Hudbay Comments on Activist Withdrawal of Special Meeting Requisition and Announced Intention to Propose Dissident Director Nominees to the Board 

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today announced that Waterton Global Resource Management, Inc., on behalf of certain funds managed by it (collectively, “Waterton”) has withdrawn its special meeting requisition for the purpose of considering an advisory resolution. Accordingly, the company will cancel the shareholder meeting it had previously set for February 28, 2019. Following this meeting, Waterton provided a list of demands to the Board that were entirely disproportionate to its ownership interest and would give Waterton unique rights and powers held by no other shareholder.

  • Reuters3 months ago

    Waterton seeks CEO, board changes at Canadian miner Hudbay

    Private equity firm Waterton Global Resource Management Inc on Thursday urged Hudbay Minerals Inc to replace its chief executive officer and said it would nominate several candidates to the miner's board. Waterton, which raised its stake in the company to nearly 10 percent from 7 percent, also said it had withdrawn its request for a special shareholders' meeting. The private equity company also reiterated that the Canadian miner avoid any near-term acquisition or joint venture.

  • Business Wire3 months ago

    Waterton Announces Intention to Nominate a Majority Slate of Highly Qualified Fully Independent Directors for Hudbay Minerals Board

    Waterton Precious Metals Fund II Cayman, LP and Waterton Mining Parallel Fund Offshore Master, LP (the "Funds"), each of which are managed by Waterton Global Resource Management, Inc. (the "Investment Adviser", the Investment Adviser together with the Funds ("Waterton" or "We")), owning approximately 10% of the issued and outstanding shares (the “Shares”) of Hudbay Minerals Inc. ("Hudbay" or the "Company") (HBM.TO) (HBM), today announced that, upon finalizing its slate, it will be nominating a majority slate of independent director candidates for election to the Company's Board of Directors (the "Board") at Hudbay’s 2019 Annual Meeting of Shareholders (the “Annual Meeting”). Waterton also announced that it has withdrawn its requisition of a special meeting of the Company’s shareholders (the “Special Meeting”) in connection with an advisory resolution urging the Board not to approve certain potential material transactions prior to the Annual Meeting.