(A Top Pick Mar 09/21, Up 5%) A slight disappointment. Eventually, they'll be appreciated for their operations: copper in near Tucson and Rosemont could come on stream. Peru remains an overhang, as their government shifts to the left, but they will realize the country needs the cash flow from this industry. Good long-term growth lies ahead.
Commodities were in a 10-year bear market and only recently reversed. FCX has been the leader, and has just pulled back and is set for another leg up. He also owns FM. All of these will benefit, as we're in a deficit of copper and will be for quite some time. EVs use more copper than traditional vehicles. Should be core in a portfolio.
Buy Keyera instead? He briefly owned this. An activist last year changed management, which didn't work for him. He doubts they'll get a Tuscon permit for their Rosemont copper mind in the States, given activists opposing it. As for Keyera, it's an apples and oranges talk--very different companies. But Keyera is a stronger company financially, so it'd be an uptrade.
Hudbay Minerals Inc. is a Canadian stock, trading under the symbol HBM-T on the Toronto Stock Exchange (HBM-CT). It is usually referred to as TSX:HBM or HBM-T
In the last year, 5 stock analysts published opinions about HBM-T. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Hudbay Minerals Inc..
Hudbay Minerals Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Hudbay Minerals Inc..
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5 stock analysts on Stockchase covered Hudbay Minerals Inc. In the last year. It is a trending stock that is worth watching.
On 2022-06-24, Hudbay Minerals Inc. (HBM-T) stock closed at a price of $5.49.