Hudbay Minerals Inc.

HBM-T

Analysis and Opinions about HBM-T

Signal
Opinion
Expert
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.
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(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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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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.
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.
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(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.
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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.
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.
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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.
TOP PICK
TOP PICK
September 9, 2019
They recently had a major setback in the permitting of the Rosemont mine. At these levels this stock is down and out for the count, but they would be good long term. They are going to survive but have suffered as of late.
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They recently had a major setback in the permitting of the Rosemont mine. At these levels this stock is down and out for the count, but they would be good long term. They are going to survive but have suffered as of late.
COMMENT
COMMENT
July 17, 2019

LUN vs HBM? He owns LUN-T, but not HBM-T as it has a lower beta to the market. They are good at timing their acquisitions and they know how to balance brownfield expansions, while creating cross-commodity diversification. HBM-T has gone through a proxy fight and their CEO has departed -- it is a wait and see company.

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LUN vs HBM? He owns LUN-T, but not HBM-T as it has a lower beta to the market. They are good at timing their acquisitions and they know how to balance brownfield expansions, while creating cross-commodity diversification. HBM-T has gone through a proxy fight and their CEO has departed -- it is a wait and see company.

PAST TOP PICK
PAST TOP PICK
July 12, 2019
(A Top Pick Jun 26/18, Down 13%) He sold this at over $10, because it had run up so much for him and he didn't expect the China tariffs to get resolved anytime soon. Now, HBM is worth considering again as they transition to a new CEO.
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(A Top Pick Jun 26/18, Down 13%) He sold this at over $10, because it had run up so much for him and he didn't expect the China tariffs to get resolved anytime soon. Now, HBM is worth considering again as they transition to a new CEO.
PAST TOP PICK
PAST TOP PICK
June 17, 2019
(A Top Pick May 30/18, Down 19%) It has been up and down over the last year. It is still one of his favourite stocks within the metals and minerals. They did a great deal to clean up operations in Manitoba. There is potential for increases in cash flows down the road. He'd stick with it.
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(A Top Pick May 30/18, Down 19%) It has been up and down over the last year. It is still one of his favourite stocks within the metals and minerals. They did a great deal to clean up operations in Manitoba. There is potential for increases in cash flows down the road. He'd stick with it.
BUY
BUY
June 13, 2019
Forecasting commodities prices is very difficult. Copper in particular which is one if the main metals that this company produces has been low. If we get a soft landing then copper demand should pick up. China has been a bigger consumer and that demand is going to be there even at a lower growing pace. They are involved in many projects that will increase production in the future. The stock has been choppy as they had a sort of a Board coup with an activist investor being involved. Longer term the stock price will follow the fundamentals.
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Forecasting commodities prices is very difficult. Copper in particular which is one if the main metals that this company produces has been low. If we get a soft landing then copper demand should pick up. China has been a bigger consumer and that demand is going to be there even at a lower growing pace. They are involved in many projects that will increase production in the future. The stock has been choppy as they had a sort of a Board coup with an activist investor being involved. Longer term the stock price will follow the fundamentals.
Showing 1 to 15 of 548 entries