HBM.TO - Hudbay Minerals Inc.

Toronto - Toronto Delayed Price. Currency in CAD
6.38
+0.23 (+3.74%)
At close: 4:00PM EDT
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Previous Close6.15
Open6.26
Bid6.36 x 0
Ask6.40 x 0
Day's Range6.24 - 6.40
52 Week Range4.51 - 10.42
Volume1,337,520
Avg. Volume1,367,477
Market Cap1.667B
Beta (3Y Monthly)1.97
PE Ratio (TTM)54.53
EPS (TTM)0.12
Earnings DateJul 29, 2019 - Aug 2, 2019
Forward Dividend & Yield0.02 (0.22%)
Ex-Dividend Date2019-03-07
1y Target Est8.54
  • Hudbay Prepares Sale of Arizona Copper Mine Stake
    Bloomberg5 days ago

    Hudbay Prepares Sale of Arizona Copper Mine Stake

    The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project and is planning to kick off a process in the coming months, the people said, asking not to be identified as the matter is private. The stake is likely to draw interest from financial bidders, such as private equity firms, the people said. A representative for Hudbay said the company intends to evaluate a variety of options, including the addition of a committed joint venture partner for the Rosemont project, and will carry out the process in parallel with its development this year.

  • Tribes, environmentalists battle copper mine in Arizona
    Associated Press7 days ago

    Tribes, environmentalists battle copper mine in Arizona

    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.

  • Hudbay Minerals Inc. (HBM) Q1 2019 Earnings Call Transcript
    Motley Fool12 days ago

    Hudbay Minerals Inc. (HBM) Q1 2019 Earnings Call Transcript

    HBM earnings call for the period ending March 31, 2019.

  • GlobeNewswire19 days ago

    Hudbay Announces Election of Directors

    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.

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of HBM.TO earnings conference call or presentation 7-May-19 12:00pm GMT

    Q1 2019 Hudbay Minerals Inc Earnings Call

  • Associated Press20 days ago

    HudBay Minerals: 1Q Earnings Snapshot

    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 ...

  • GlobeNewswire20 days ago

    Hudbay Announces First Quarter 2019 Results

    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.

  • Reuters23 days ago

    UPDATE 1-Hudbay Minerals settles board battle with shareholder Waterton

    Hudbay Minerals Inc said on Friday it had agreed with Waterton Global Resource Management Inc, its second largest shareholder, to elect a slate of 11 board members that includes some of the nominees proposed by both parties. The agreement settles a long-drawn out proxy contest with the private equity firm, which nominated five directors to the the Canadian miner's board. Waterton, which owns a 12.1 percent stake in Hudbay Minerals, had recently filed a suit against Hudbay in a bid to stop it from soliciting proxies for its annual shareholder meeting scheduled for May 7.

  • HudBay Chairman Will Resign as Miner Reaches Pact With Waterton
    Bloomberg23 days ago

    HudBay Chairman Will Resign as Miner Reaches Pact With Waterton

    Under the terms of the agreement with Waterton Global Resource Management, Peter Kukielski, David Smith and Daniel Muñiz Quintanilla will join the 11-member board, the Canadian miner said in a statement Friday. “Hudbay is pleased to have reached an agreement with Waterton that is in the best interests of shareholders,” Hibben said in the statement. Waterton, which owns a 12.5 percent stake in Toronto-based Hudbay, had been pushing for changes since October.

  • Did Hedge Funds Drop The Ball On Hudbay Minerals Inc. (HBM) ?
    Insider Monkey24 days ago

    Did Hedge Funds Drop The Ball On Hudbay Minerals Inc. (HBM) ?

    Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]

  • Hudbay Minerals Inc. (TSE:HBM): Will The Growth Last?
    Simply Wall St.26 days ago

    Hudbay Minerals Inc. (TSE:HBM): Will The Growth Last?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Hudbay Minerals Inc.'s (TSE:HBM) latest earnings update in December 2018 suggested...

  • GlobeNewswire27 days ago

    Hudbay Mails Letter to Shareholders Highlighting Positive Momentum Behind its Director Nominees, Proxy Advisors Recognize Strengthening Performance at the Company

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that it has mailed a letter to shareholders regarding Hudbay and the proxy contest being waged against the company by Waterton Global Resource Management, Inc. (“Waterton”).

  • Business Wire27 days ago

    Both ISS and Glass Lewis Recommend Hudbay Shareholders Vote for Election of Waterton Nominees on the Blue Card

    Waterton Precious Metals Fund II Cayman, LP ("Waterton Mining LP") and Waterton Mining Parallel Fund Offshore Master, LP ("Waterton Fund II"), each of which are managed by Waterton Global Resource Management, Inc. ("WGRM," and collectively with Waterton Mining LP and Waterton Fund II, "Waterton"), owning in the aggregate 12.09% of the issued and outstanding common shares (the "Shares") of Hudbay Minerals Inc. ("Hudbay" or the "Company") (HBM.TO) (HBM) today announced that leading proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has joined Glass, Lewis & Co. (“Glass Lewis”) in recommending that shareholders vote FOR change at Hudbay on Waterton’s Blue proxy card. ISS recommended the election of Waterton’s independent, highly-qualified director nominees – David Smith and Daniel Muniz Quintanilla – to the Hudbay Board of Directors (the "Board") at the Annual and Special Meeting of Shareholders (the “Meeting”).

  • Business Wirelast month

    Glass Lewis Recommends Hudbay Shareholders Vote for Election of Waterton Nominees on the Blue Proxy Card

    Leading Proxy Advisory Firm Supports Waterton’s Case for Board Refreshment and Recommends Shareholders Vote FOR Election of Richard Nesbitt, Daniel Muniz Quintanilla and David Smit

  • GlobeNewswirelast month

    Hudbay Responds to Withdrawal of Waterton Director Nominee

    Hudbay had previously planned to increase the size of its board of directors to eleven to accommodate the election of Richard Howes, David Smith and Michael Anglin as new.

  • Business Wirelast month

    Waterton Announces Update to Slate of Director Nominees

    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 12.1% of the issued and outstanding shares (the “Shares”) of Hudbay Minerals Inc. ("Hudbay" or the "Company") (HBM.TO) (HBM), today announced an update to its slate of director candidates nominated to serve on the Board of Directors (the “Board”) of Hudbay. Waterton has given permission to A.E. Michael Anglin to withdraw from its slate of nominees in order to allow him to join the board of Hudbay competitor Antofagasta plc. While Waterton continues to think that Mr. Anglin would have been a stellar addition to the Hudbay Board, Mr. Anglin has expressed to Waterton that as a result of the questionable tactics employed by Hudbay during the proxy contest, he would prefer to take advantage of the Antofagasta position, which would be a conflict of interest if he were seated on the Hudbay Board.

  • Reuterslast month

    Hudbay says top shareholder to vote for its slate of directors

    Hudbay Minerals said on Wednesday its largest shareholder would back the company's board nominees in an upcoming election, bolstering the Canadian miner's position in its proxy battle with activist investor Waterton Global Resource Management Inc. Shareholder Letko, Brosseau & Associates Inc's support comes as Waterton, with a roughly 12 percent stake in the miner, pushes for major changes to Hudbay's board. Letko, Brosseau & Associates owns 13.4 percent of the company.

  • GlobeNewswirelast month

    Hudbay Welcomes Support of Company’s Largest Shareholder in Proxy Contest

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that the company’s largest shareholder, Letko, Brosseau & Associates Inc., an independent investment manager that exercises investment control or direction over approximately 35,112,398 shares or 13.4% of Hudbay’s issued and outstanding shares, has confirmed that it intends to vote FOR Hudbay’s eleven director nominees on the GREEN form of proxy. Dissident shareholder Waterton Global Resource Management, Inc. is currently waging a proxy contest against the company. In order to ensure that your vote is counted at the Annual and Special Meeting of Shareholders, shareholders are urged to vote only the GREEN proxy FOR the nominees recommended by Hudbay, and ensure that your proxy is received prior to the proxy voting deadline of 10:00 a.m. (Toronto time) on Friday, May 3, 2019.

  • Reuterslast month

    Investor Waterton files suit against Canadian miner Hudbay to stop it soliciting proxies

    Private equity firm Waterton Global Resource Management has filed a lawsuit against Canadian miner Hudbay Minerals Inc in a bid to stop it from soliciting proxies for its annual shareholder meeting in May. The lawsuit, filed at the Ontario Superior Court on Monday, escalates tensions between Toronto-based Hudbay and Waterton, which has blamed Hudbay's management for "abysmal" shareholder returns and "chronic underperformance," and has proposed five new independent board members, two of whom Hudbay has accepted. Hudbay disclosed Waterton's legal action in a regulatory filing on Tuesday.

  • GlobeNewswirelast month

    Hudbay Announces Commencement of Legal Proceedings by Waterton

    Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that Waterton Global Resource Management, Inc. (“Waterton”), which is currently waging a proxy contest against the company, has commenced a legal proceeding in the Ontario Superior Court against Hudbay. Waterton alleges that the company’s management information circular in respect of its annual and special meeting of shareholders to be held on May 7, 2019 contains misrepresentations and seeks to constrain the company’s ability to solicit proxies. The company will seek to recover its legal costs from Waterton and will provide further updates on this matter as developments warrant.

  • Business Wirelast month

    CORRECTING and REPLACING Waterton Sends Letter to Hudbay Shareholders Highlighting Entrenchment and Track Record of Poor Strategic Decision-Making of Hudbay's Board

    Hudbay's Recent Disappointing Actions and Desperate Unprofessional Tactics Show that Adult Supervision is Urgently Needed

  • GlobeNewswirelast month

    Hudbay Hosts Analyst Site Visit to Lalor Mine in Manitoba, Announces First Quarter 2019 Manitoba Production Results and Provides Exploration Update

    TORONTO, April 15, 2019 -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announced today that it is hosting a site visit by analysts and investors to its.

  • The Hudbay Minerals (TSE:HBM) Share Price Is Up 127% And Shareholders Are Boasting About It
    Simply Wall St.2 months ago

    The Hudbay Minerals (TSE:HBM) Share Price Is Up 127% And Shareholders Are Boasting About It

    The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But in contrast you can make much more than 100% if the company does well. For example, the Hudbay Mine...

  • GlobeNewswire2 months ago

    Hudbay Issues Management Information Circular, Continues with Board Renewal and Warns Shareholders that Waterton Threatens Hudbay’s Positive Momentum

    Hudbay’s Board and management team are executing on the company’s strategic plan and have delivered one-, three- and five-year total shareholder returns that significantly.