Previous close | 8.32 |
Open | 8.51 |
Bid | 8.34 x 1300 |
Ask | 8.54 x 2900 |
Day's range | 8.31 - 8.63 |
52-week range | 3.94 - 8.85 |
Volume | |
Avg. volume | 2,561,435 |
Market cap | 2.938B |
Beta (5Y monthly) | 2.02 |
PE ratio (TTM) | 39.86 |
EPS (TTM) | 0.21 |
Earnings date | 14 May 2024 |
Forward dividend & yield | 0.01 (0.18%) |
Ex-dividend date | 04 Mar 2024 |
1y target est | 9.39 |
The CEO of Canadian miner Hudbay Minerals said BHP Group's $39 billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines. Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies. BHP offered to buy Anglo last week, though Anglo rejected the proposal that would create the world's biggest copper miner, saying it undervalues the company.
TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) senior management will host a conference call on Tuesday, May 14, 2024 at 11:00 a.m. ET to discuss the company’s first quarter 2024 results. First Quarter 2024 Results Conference Call and Webcast Date:Tuesday, May 14, 2024Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-416-764-8650 or 1-888-664-6383Additional Dial-in Hudbay plans to issue a news release containing the first quarter 202
Figure 1: Hudbay’s Satellite Properties Near Constancia in Peru The highly prospective Maria Reyna property and the past producing Caballito property are located within trucking distance of the Constancia processing infrastructure and have the potential to host satellite mineral deposits. Surface mapping and geochemical sampling confirm that both Caballito and Maria Reyna host sulfide and oxide rich copper mineralization in skarns, hydrothermal breccias and large porphyry intrusive bodies. Figur