| HudBay Minerals reports 3Q loss | |
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TORONTO (AP) _ HudBay Minerals Inc. (HBM) on Thursday reported a third-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier.
The Toronto-based company said it had a loss of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 5 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The mining company posted revenue of $269.8 million in the period.
In the final minutes of trading on Thursday, the company's shares hit $4.89. A year ago, they were trading at $7.11.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBM at http://www.zacks.com/ap/HBM
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Keywords: HudBay Minerals, Earnings Report
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HudBay Minerals Inc.
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PRODUCER |
CODE : HBM.TO |
ISIN : CA4436281022 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
HudBay is a copper producing company based in Canada. HudBay produces copper, gold, silver and zinc in Canada, and holds various exploration projects in Argentina, in Canada and in Peru. Its main assets in production are 777 MINE, TROUT LAKE MINE and CHISEL NORTH in Canada and its main exploration properties are FENIX and WHITE PINE in Guatemala, BRAMPTON, REED LAKE, BUR, BALMAT, TOM, JASON, LALOR, WATTS RIVER, BACK FORTY, WINDSOR and NOME CASSIAR in Canada, CONSTANCIA in Peru and CORCOVADO PROPERTY in Argentina. HudBay is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.2 billions as of today (US$ 1.6 billions, € 1.5 billions). Its stock quote reached its highest recent level on December 24, 2014 at CA$ 9.98, and its lowest recent point on March 13, 2020 at CA$ 1.66. HudBay has 237 270 000 shares outstanding. |