Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Hudbay Minerals ( (TSE:HBM) ) just unveiled an announcement.
Hudbay Minerals reported record financial results for 2024, driven by significant achievements in production and cost management. The company surpassed its production guidance for gold and achieved industry-leading cost performance, resulting in a substantial reduction in net debt and positioning it favorably for future investments. The company’s strategic focus on growth projects, such as the Copper World project in Arizona, is expected to significantly boost copper production by over 50%, enhancing its market positioning and providing greater value to stakeholders.
More about Hudbay Minerals
Hudbay Minerals Inc. is a mining company primarily engaged in the production of copper, gold, and silver, with operations spanning across Canada, Peru, and the United States. The company focuses on high-return growth projects and operates the Copper Mountain mine, holding a majority interest.
YTD Price Performance: 7.52%
Average Trading Volume: 4,896,153
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.59B
See more data about HBM stock on TipRanks’ Stock Analysis page.
