|Bid||5.16 x 0|
|Ask||5.17 x 0|
|Day's Range||5.05 - 5.21|
|52 Week Range||3.98 - 10.42|
|Beta (3Y Monthly)||2.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||0.02 (0.38%)|
|1y Target Est||5.85|
Copper exports from the port of Matarani have resumed after anti-mining protests that had blocked key infrastructure in the country's southern copper belt eased over the weekend, a spokeswoman for the port operator said on Tuesday. Shipments from four mines that produce about half of Peru's copper - Freeport-McMoRan Inc's Cerro Verde deposit, MMG Ltd's Las Bambas, Glencore PLC's Antapaccay and Hudbay Mineral's Constancia - had been suspended for nearly three weeks due to the unrest. The protests started after the government issued a construction permit for a new mine in the region - Southern Copper Corp's $1.4 billion Tia Maria project - that local farmers have opposed for nearly a decade.
Delivered a solid operating quarter, which included record mine production at Lalor and record throughput at the Stall concentrator777 and Lalor ore mined increased by 35% and.
Anti-mining protests in Peru have held up about $400 million in copper exports from some of the country's top mines and blocked supplies from reaching their operations for nearly three weeks, the manager of port operator Tisur said on Thursday. Four copper mines - Freeport-McMoRan Inc's Cerro Verde deposit, MMG Ltd's Las Bambas, Glencore PLC's Antapaccay and Hudbay Mineral's Constancia - have been unable to ship their copper concentrates from Matarani since July 18, said Gabriel Monge, manager of port operator Terminal Internacional del Sur.
Today we'll look at Hudbay Minerals Inc. (TSE:HBM) and reflect on its potential as an investment. Specifically, we'll...
Canada's main stock index treaded water on Thursday as upbeat earnings from companies including Shopify countered losses in energy shares on the back of lower crude prices. * Shopify Inc rose 8% after the e-commerce company raised its full-year revenue forecast and reported a quarterly profit that handily beat Wall Street estimates, as the investments to attract customers to its product offerings paid off. * Oil prices fell for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output helped keep the market well supplied.
Hudbay Minerals shares plunged more than 20% on Thursday after a court ruling barred the company from proceeding with construction at one of its biggest copper projects in the U.S. The U.S. District Court for Arizona on Wednesday challenged the U.S. Forest Service's June 2017 decision that enabled the company to advance its plans for its Rosemont project. Following the 2017 decision, Hudbay received a water permit and approval of its mine plan for Rosemont in March, allowing it to move forward with development.
Hudbay Minerals shares plunged more than 20% on Thursday after a court ruling barred the company from proceeding with construction at its Rosemont project in Arizona. The ruling from the U.S. District Court for Arizona challenged the U.S. Forest Service's June 2017 decision that enabled the company to move forward with a mine plan, which was approved in March. Hudbay shares sank 20.4% in morning trading, after earlier falling as much as 24.8% to C$5.08 in Toronto.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced that late yesterday the U.S. District Court for the District of Arizona (“Court”) issued a ruling in the lawsuits challenging the U.S. Forest Service’s issuance of the Final Record of Decision (“FROD”) for the Rosemont project in Arizona. The Court ruled to vacate and remand the FROD such that Rosemont cannot proceed with construction at this time. Hudbay believes that the Court has misinterpreted federal mining laws and Forest Service regulations as they apply to Rosemont.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) senior management will host a conference call on Friday, August 9, 2019 at 9 a.m. ET to discuss the company’s second quarter 2019 results. Hudbay (TSX, NYSE: HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States).
As part of its proxy fight, private equity firm Waterton Global Resource Management had nominated five directors to the company's board. Three of them, including Kukielski, were elected in May following a settlement that ended the drawn-out battle. Much of Waterton's ire surrounded Hudbay's reported talks to buy Chile's Mantos Copper for about $780 million last year and what it described as an erosion of shareholder returns under its management and board.
Canada's Hudbay Minerals Inc said on Wednesday that Chief Executive Officer Alan Hair has stepped down after more than 20 years with the company and named Peter Kukielski, who was backed by its second largest investor in a proxy battle, as interim CEO. As part of its proxy fight, private equity firm Waterton Global Resource Management had nominated five directors to the company's board. Three of them, including Kukielski, were elected in May following a settlement that ended the drawn-out battle.
Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that Alan Hair has stepped down as Hudbay's President and Chief Executive Officer and as a director of the company. Mr. Hair spent more than 20 years with Hudbay and was instrumental in the company's growth, serving as Chief Operating Officer from 2012 to 2015 before being appointed President and Chief Executive Officer in 2016. Peter Kukielski has been appointed Interim Chief Executive Officer.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Hudbay Minerals Inc NYSE:HBMView full report here! Summary * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for HBM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting HBM. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold HBM had net inflows of $462 million over the last one-month. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Scenic State Highway 83 gently curves through southeastern Arizona's wine country, past waves of blond grass dotted with orange-tipped ocotillo plants before the dark Santa Rita Mountains loom into view. The Milepost 44 pullout offers a panorama of the range in the Coronado National Forest where a Canadian firm wants to carve out a massive copper mine near Tucson. The $1.9 billion Rosemont Mine, at a half-mile deep and a mile wide, would sprawl across federal, state and private land, leaving a waste pile the height of skyscraper.
TORONTO, May 07, 2019 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that each of the eleven individuals nominated for election as a.
The Toronto-based company said it had a loss of 5 cents per share. Earnings, adjusted for non-recurring costs, were 3 cents per share. The results surpassed Wall Street expectations. The average estimate ...
Completed the Rosemont permitting process, acquired the minority joint venture interest and initiated an early works program for RosemontExtended the 777 mine’s reserve life to.