3.8300 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||3.5200 x 2200|
|Ask||3.7800 x 1800|
|Day's Range||3.7300 - 3.9000|
|52 Week Range||2.9900 - 7.8300|
|Beta (3Y Monthly)||2.29|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.02 (0.39%)|
|1y Target Est||10.71|
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.
HudBay Minerals (HBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
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.
HudBay Minerals (HBM) delivered earnings and revenue surprises of 200.00% and -7.97%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
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.
Glass Lewis Highlights Disingenuous Attack on Waterton Nominee Daniel Muñiz Quintanilla By John Jannarone Leading proxy advisors Glass Lewis and ISS have issued support for multiple directors nominated by Waterton Global Resource Management in its proxy fight with mining company Hudbay Minerals, a strong sign the activist may win seats at the upcoming shareholder […]
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”).
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”).
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