Hudbay Minerals (HBM.TO) Buy, Sell or Hold

Hudbay Minerals (HBM.TO)

34.33

-0.17 (0.49%)

as of Oct 15, 2026, 8:00:00 pm Market Open.

273 watching

PAST TOP PICK

(A Top Pick June 9/11. Down 31.52%.) Peru is a jurisdiction for one of their growth projects. Political climate started to change.

HOLD

There is some gold production in the future but at this point in time, who cares. Earnings haven't been bad. Copper production is rising and copper prices are okay. This will languish until the whole mining sector starts to have a bit more oomph. Feels they are a great takeover potential. Have tons of cash in the bank. Have increased their reserves significantly.

HOLD

Has suffered along with all the other base metal producers. Has a good balance sheet and good prospects. (See Top Picks.)

BUY ON WEAKNESS

80% copper and 20% gold, which he likes. On his watch list and he gets pretty interested when it gets under $11 and would buy at under $10.50. Doesn't expect dividend increases for a while. Have a lot of cash but are spending it by bringing a big new mine into production.

PAST TOP PICK

(Top Pick Apr 13/11, Down 24.43%) When they increase production, will get attention.

COMMENT

Have a lot of respect for the company and their resource. He is nervous about base metal pricing in the next couple of years. He is suspicious that some of the economic revival we have seen is a consequence more of counterfeit (quantitative easing) then real economic strength. Probably a pretty good name if you are thinking of holding it for 10 years.

PAST TOP PICK

(A Top Pick Feb 3/11. Down 27.13%.) A copper/zinc story with a gold lining. They're going to move from 100,000 ounces of gold a year to about 250,000. There just isn't a lot of news as they develop their mine in Peru and northern Manitoba. Still likes.

BUY

Doesn’t like it fundamentally, but it looks good technically. It has shown a buy signal recently. It will pause at the $13 level. It has many days of large daily moves so you will see a little tailing off of the buying, but $11.50 might be a buying point. If it goes down to $11 you want to exit and that might be a stop loss.

BUY ON WEAKNESS

Copper is at 17 week high and some of these stocks are starting to move. Chart shows a downtrend starting in late 2010 and broken in late 2011. Now we are hoping for a successive set of new lows. He expects some kind of a minor pullback. If it pulled back into the $9 range, he would load up. Good space to be in.

PAST TOP PICK

(Top Pick Dec 31/10, Down 41.49%) Company is going through a massive change. Building a new mine which will be an important mine. Doing a big project in Peru (politics affected investor sentiment). Almost $5 of cash per share. Thinks it will climb back up bit will take some time to get there.

DON'T BUY

Only base metal company he owns. Likes this one the most if there is going to be a bounce in copper. Has a half position, which he can always add to when it pulls back. Still a couple of questions. They are building mines and it is the CapX around the mine and how you finance.

BUY ON WEAKNESS

The downward trend has been broken but it looks like it wants to revisit the October low. We are coming to the seasonal strong time for the sector. The risk reward is really good.

PAST TOP PICK

(A Top Pick Nov 11/10. Down 39.62%.) Still loves this one. Doing very well. Have a new mine coming on next year. Doesn't see any catalysts in the next 2 quarters. $800 million plus in the bank. Expect they will be back in the $20’s before too long.

WAIT

Did analysis and liked what he saw. Their production in Flinflon did not come on and he will look at it again in 2012. Well run, good assets but a little early for him.

PAST TOP PICK

(A Top Pick Oct 4/10. Down 33.03%.) Fears on base metals has been misplaced on this company. Produces 100,000 ounces of gold annually. Ramping up with their new mine to 250,000 ounces. Screaming bargain.

Showing 301 to 315 of 620 entries

Most Recent Experts

Greg Newman

Scotia Wealth Management

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Chris Blumas

at Raymond James Investment Counsel Ltd.

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Halloween Sale

Hudbay Minerals (HBM.TO)