TSE:HBM
5.25
0.01
(0.19%)
Hudbay Minerals Inc.
HBM-T
Analysis and Opinions about HBM-T
Signal
Opinion
Expert
DON'T BUY
DON'T BUY
April 24, 2020
Analysts see a target of $4.25. He is more cautious based on how vibrant the economy will be. Their business is focused on base metals like copper. Commodities will likely be in a sideways range for some time to come. Earnings are negative and expected to be down over 100% this year. This is not an active purchase candidate for him. He suggests owning gold stocks instead. (Analysts’ price target is $4.25)
Show full opinionHide full opinion
Analysts see a target of $4.25. He is more cautious based on how vibrant the economy will be. Their business is focused on base metals like copper. Commodities will likely be in a sideways range for some time to come. Earnings are negative and expected to be down over 100% this year. This is not an active purchase candidate for him. He suggests owning gold stocks instead. (Analysts’ price target is $4.25)
DON'T BUY
DON'T BUY
March 10, 2020
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.
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.
DON'T BUY
DON'T BUY
March 3, 2020
2019 was a bad year, losing top management and a key growth project, Rosemont, has been halted by a court order. But their Manitoba zinc operations are fine. But Peruvian operations are troubled, though they have reached a settlement there. Production going forward may be flat or decline.
Show full opinionHide full opinion2019 was a bad year, losing top management and a key growth project, Rosemont, has been halted by a court order. But their Manitoba zinc operations are fine. But Peruvian operations are troubled, though they have reached a settlement there. Production going forward may be flat or decline.
COMMENT
COMMENT
February 24, 2020
Effected by the coronavirus? The coronavirus has effected the entire space, but HBM has fallen since late-2017 with two spikes up in its chart. In the last six months, it's fallen further to $3.60 with support at this level. Base metals pick up in March (seasonality), though. HBM must tournaround or it will fall below $3, per late-2015 levels.
Show full opinionHide full opinionEffected by the coronavirus? The coronavirus has effected the entire space, but HBM has fallen since late-2017 with two spikes up in its chart. In the last six months, it's fallen further to $3.60 with support at this level. Base metals pick up in March (seasonality), though. HBM must tournaround or it will fall below $3, per late-2015 levels.
PAST TOP PICK
PAST TOP PICK
February 3, 2020
(A Top Pick Feb 26/19, Down 55%) This is nothing but ugly and didn't work out. Sometimes things change that you didn't anticipate. He sold last July. Sometimes your first loss is your best loss. It continued to go down.
Show full opinionHide full opinion(A Top Pick Feb 26/19, Down 55%) This is nothing but ugly and didn't work out. Sometimes things change that you didn't anticipate. He sold last July. Sometimes your first loss is your best loss. It continued to go down.
PAST TOP PICK
PAST TOP PICK
January 17, 2020
(A Top Pick Feb 14/19, Down 36%) Their mine in Arizona is running into delays. This is really a call on copper prices. Copper prices are starting to rebound and with housing construction accounting for 40% of copper demand, the recent uptick in housing starts is also supportive. We could see another leg up on this run. It is currently neutral for him, but he will watch for upward price momentum.
Show full opinionHide full opinion(A Top Pick Feb 14/19, Down 36%) Their mine in Arizona is running into delays. This is really a call on copper prices. Copper prices are starting to rebound and with housing construction accounting for 40% of copper demand, the recent uptick in housing starts is also supportive. We could see another leg up on this run. It is currently neutral for him, but he will watch for upward price momentum.
SELL
SELL
January 16, 2020
As a pure trend guy, this has been in a gently sloping downtrend for a while. The lows have been getting gently lower, and the highs gently higher. Might rally back a bit, or you just say there's another bus.
Show full opinionHide full opinionAs a pure trend guy, this has been in a gently sloping downtrend for a while. The lows have been getting gently lower, and the highs gently higher. Might rally back a bit, or you just say there's another bus.
HOLD
HOLD
January 8, 2020
Legal hurdles? A play on copper and he has been a long term holder. The proxy fights from last year are over. There is some issue about permitting on the upcoming US project. He thinks it will be approved longer term, but it may take longer. With all the turmoil in the world and given we are near an end of a bull cycle, this is a good time to get into base metals. What he needs to see is more investment in industrial production. You will have to be patient. He will continue to hold it.
Show full opinionHide full opinionLegal hurdles? A play on copper and he has been a long term holder. The proxy fights from last year are over. There is some issue about permitting on the upcoming US project. He thinks it will be approved longer term, but it may take longer. With all the turmoil in the world and given we are near an end of a bull cycle, this is a good time to get into base metals. What he needs to see is more investment in industrial production. You will have to be patient. He will continue to hold it.
WAIT
WAIT
December 6, 2019
Dispute it coming down, it could go down further. Institutions usually don’t hold stocks cheaper than $5. In this case, wait for it to tick back up in consolidation.
Show full opinionHide full opinionDispute it coming down, it could go down further. Institutions usually don’t hold stocks cheaper than $5. In this case, wait for it to tick back up in consolidation.
HOLD
HOLD
December 3, 2019
He isn't looking for buoyancy in the underlying commodity price. Losing Rosemont permit: that appeal will take a long time. Meanwhile, HBM must focus--and is--elsewhere to expand. The stock has been punished by the pullback of the Rosemont permit. Hold this for a few years and it could double. Meanwhile, wait and see.
Show full opinionHide full opinionHe isn't looking for buoyancy in the underlying commodity price. Losing Rosemont permit: that appeal will take a long time. Meanwhile, HBM must focus--and is--elsewhere to expand. The stock has been punished by the pullback of the Rosemont permit. Hold this for a few years and it could double. Meanwhile, wait and see.
BUY
BUY
November 19, 2019
The sector had a slight run and is now rangebound. It is now at the low end of $10. Buy it now as a trade.
Show full opinionHide full opinionThe sector had a slight run and is now rangebound. It is now at the low end of $10. Buy it now as a trade.
DON'T BUY
DON'T BUY
October 28, 2019
A quality company but really over a decade it made nobody any money. It's tradable. It is an under-performer. He does not like it long term.
Show full opinionHide full opinionA quality company but really over a decade it made nobody any money. It's tradable. It is an under-performer. He does not like it long term.
PAST TOP PICK
PAST TOP PICK
October 22, 2019
(A Top Pick Oct 24/18, Down 7%) If not for the delay in the Rosemount mine, this would do a lot better. Disappointing, but he's waiting--that's key. Its assets are attractive. At least it isn't operating in politically sensitive areas.
Show full opinionHide full opinion(A Top Pick Oct 24/18, Down 7%) If not for the delay in the Rosemount mine, this would do a lot better. Disappointing, but he's waiting--that's key. Its assets are attractive. At least it isn't operating in politically sensitive areas.
SELL
SELL
October 10, 2019
Arizona mine hung up in admin for at least another year. Copper prices rolled over. Don't want to own a marginal commodity producer admidst slowing global growth.
Show full opinionHide full opinionArizona mine hung up in admin for at least another year. Copper prices rolled over. Don't want to own a marginal commodity producer admidst slowing global growth.
DON'T BUY
DON'T BUY
October 4, 2019
You have to have a strong stomach to be into mining stocks. A recession causes this sector to sold off aggressively. He does not like that fact that miners are price takers -- they have little control over revenues. He likes companies like Apple that are price makers. He predicts HBM-T share prices will be volatile, especially since we are late in the economic cycle. He would stay away.
Show full opinionHide full opinionYou have to have a strong stomach to be into mining stocks. A recession causes this sector to sold off aggressively. He does not like that fact that miners are price takers -- they have little control over revenues. He likes companies like Apple that are price makers. He predicts HBM-T share prices will be volatile, especially since we are late in the economic cycle. He would stay away.
Hudbay Minerals Inc.(HBM-T) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 7
Total Signals / Votes : 13
Hudbay Minerals Inc.(HBM-T) Frequently Asked Questions
What is Hudbay Minerals Inc. stock symbol?
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
Is Hudbay Minerals Inc. a buy or a sell?
In the last year, 13 stock analysts published opinions about HBM-T. 4 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Hudbay Minerals Inc..
Is Hudbay Minerals Inc. a good investment or a top pick?
Hudbay Minerals Inc. was recommended as a Top Pick by Robert McWhirter on 2020-04-24. Read the latest stock experts ratings for Hudbay Minerals Inc..
Why is Hudbay Minerals Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Hudbay Minerals Inc. worth watching?
13 stock analysts on Stockchase covered Hudbay Minerals Inc. In the last year. It is a trending stock that is worth watching.
What is Hudbay Minerals Inc. stock price?
On 2020-09-24, Hudbay Minerals Inc. (HBM-T) stock closed at a price of $5.25.
