Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NYSE
Website: hudbayminerals.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/22/2026 | $30.00 | Overweight | Barclays |
| 1/29/2026 | Outperform → Sector Perform | National Bank Financial | |
| 1/8/2026 | Buy | UBS | |
| 12/15/2025 | $23.00 | Buy | Citigroup |
| 9/8/2025 | Buy | Goldman | |
| 4/16/2025 | Outperform | BMO Capital Markets | |
| 4/4/2025 | Buy | Desjardins | |
| 8/14/2024 | Hold → Buy | Jefferies | |
| 5/3/2024 | Hold | Jefferies | |
| 4/9/2024 | $9.00 | Neutral → Buy | BofA Securities |
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TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Wednesday, July 29, 2026 at 11:00 a.m. ET to discuss the Company’s second quarter 2026 results. Second Quarter 2026 Results Conference Call and Webcast Date:Wednesday, July 29, 2026Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the second quarter of 2026 results before the market open on Wednesday, July 29, 2026 and post it on the Company’s website. An archived audio webcast will be available on Hudbay’s website following the call. About Hudbay Hu
Issued on behalf of GoldHaven Resources Corp. With copper up more than 60% since April 2025 on AI, data-center and grid demand, a junior explorer holding surface grades as high as 15.85% copper is moving to X-ray the system beneath its 100%-owned Three Guardsmen Project VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Canada News Group News Commentary - Copper has become the metal the modern economy cannot get enough of. Prices touched a record of roughly $14,500 per tonne in January 2026, and COMEX futures still trade near $6.20 per pound after gaining more than 60% since April 2025 [2]. The driver is structural: artificial intelligence. A single one-gigawatt AI data cente
TORONTO, July 02, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) announced it has received approval from the National Environmental Certification Service for Sustainable Investments in Perú ("SENACE") to amend its environmental permit and further increase annual mill processing capacity at Constancia. The approval was received in late June and represented the fifth environmental permit amendment at Constancia. The amended permit increases the processing capacity of the Constancia mill to 34 million tonnes of ore per annum from the previously permitted 31 million tonnes per annum. In March 2026, Hudbay received permit approval to increase mill thr
TORONTO, June 24, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) today announced that it has completed the previously announced offering of US$52 million in aggregate principal amount of 4.50% Arizona Industrial Development Authority Solid Waste Disposal Revenue Bonds (Copper World LLC Project), Series 2026A (the "Copper World Bonds"). The Copper World Bonds are issued by the Arizona Industrial Development Authority (the "Issuer") and have an initial mandatory tender date of July 2, 2036. Copper World LLC ("Copper World") intends to use the gross proceeds of US$52 million of the Copper World Bonds loaned from the Issuer to finance, reimburse and
TORONTO, June 24, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) is pleased to announce the closing of its previously announced acquisition of Arizona Sonoran Copper Company Inc. ("Arizona Sonoran") by way of a court-approved plan of arrangement, pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Arizona Sonoran, not already owned by Hudbay, effective as of today’s date (the "Transaction"). Arizona Sonoran is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Arizona Sonoran shareholders (other than Hudbay) received 0.242 of a Hudbay common share for each Ariz
TORONTO, June 18, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) recently celebrated the official groundbreaking of the New Ingerbelle expansion project at its Copper Mountain mine, marking a significant milestone for the operation and its long-term future in British Columbia. The event was attended by Hudbay's executive team, employees, B.C.'s Minister of Mining and Critical Minerals, the B.C. Mining Association, the Chief of the Upper Similkameen Indian Band, regional representatives, and leaders from the local community. The event was also recognized by Canada's Minister of Energy and Natural Resources."New Ingerbelle is not just an expansion,
TORONTO, June 17, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) today announced the pricing of an offering of US$52 million in aggregate principal amount of 4.50% Arizona Industrial Development Authority Solid Waste Disposal Revenue Bonds (Copper World LLC Project) Series 2026A (the "Copper World Bonds"). The Copper World Bonds will be issued by the Arizona Industrial Development Authority (the "Issuer") and will have an initial mandatory tender date of July 2, 2036. The Issuer will lend the gross proceeds of US$52 million to Copper World LLC ("Copper World") to finance, reimburse and refinance, as applicable, certain eligible expenditures at th
TORONTO, May 28, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) announced today that the Toronto Stock Exchange (the "TSX") has approved its notice of intention to commence a normal course issuer bid ("NCIB") for its common shares ("Shares"). The NCIB will be made in accordance with the requirements of the Toronto Stock Exchange and applicable securities laws. Pursuant to the NCIB, Hudbay is authorized to acquire up to a maximum of 19,863,997 Shares, representing 5% of its issued and outstanding Shares as of May 21, 2026, for cancellation over a 12-month period. The actual number of Shares which may be purchased by Hudbay pursuant to the NCIB an
Issued on behalf of Salazar Resources LimitedSurface mapping at the 100% owned Monja Project defines a 2 km × 1 km mineralized core within a Paleocene-Miocene metallogenic belt — best rock chip sample returns 4.77% Cu, 1.12 g/t Au, 19.5 g/t AgVANCOUVER, BC, May 26, 2026 /CNW/ -- USA News Group News Commentary — Copper has spent the better part of 2026 grinding against the structural reality that the world's appetite for the metal is outrunning what the global mining industry can deliver. Copper realizations climbed above $6.00 per pound in the first quarter of 2026 for the first time on record, with ICSG-modeled deficits projected for the year and concentrate-market tightness adding addition
TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) today announced that each of the nine individuals nominated for election as a director of Hudbay at the Company's Annual and Special Meeting of Shareholders held on May 19, 2026 (the "2026 AGM") was elected. The detailed director voting results are set out below: DirectorNumber of Votes FORNumber of Votes AGAINSTPercentage of Votes FORJohn E.F. Armstrong257,475,288422,63099.84%Jeane L. Hull256,363,2331,534,68399.41%Carin S. Knickel255,481,9232,415,99399.06%Peter Kukielski250,031,3177,866,60196.95%George E. Lafond242,482,55815,415,35994.02%Colin Osborne255,407,6822,490,23699.03%
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TORONTO, July 08, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Wednesday, July 29, 2026 at 11:00 a.m. ET to discuss the Company’s second quarter 2026 results. Second Quarter 2026 Results Conference Call and Webcast Date:Wednesday, July 29, 2026Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the second quarter of 2026 results before the market open on Wednesday, July 29, 2026 and post it on the Company’s website. An archived audio webcast will be available on Hudbay’s website following the call. About Hudbay Hu
Issued on behalf of Salazar Resources Ltd.Equity-Insider.com News CommentaryVANCOUVER, BC, May 8, 2026 /CNW/ -- Global copper smelters are now paying mines for the privilege of buying their concentrate, with spot treatment charges collapsing to negative $70 per tonne by late March[1]. That is not a typo. The feed that keeps refineries running is so scarce that the traditional pricing relationship has flipped on its head, and executives at the Financial Times Commodities Global Summit confirmed in April that declining ore grades, ballooning capital costs, and permitting timelines stretching beyond a decade are choking off new supply precisely when electrification needs it most[2]. This struct
TORONTO, May 01, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) released its first quarter 2026 financial results today. All amounts are in U.S. dollars, unless otherwise noted. "Hudbay delivered another quarter of record revenue, record adjusted EBITDA and record adjusted earnings, driven by steady operating performance, expanded margins from strong copper and gold exposure and a focus on cost control across the business," said Peter Kukielski, President and Chief Executive Officer. "Our leading operating cost performance resulted in record low consolidated cash costs and contributed to continued strong free cash flow generation in the quarter.
Issued on behalf of Salazar Resources Ltd. VANCOUVER, British Columbia, April 23, 2026 (GLOBE NEWSWIRE) -- Equity-Insider.com News Commentary — The International Energy Agency confirmed in March that copper prices have blown past $13,000 per metric ton[1]. That alone would be notable, but the real story is what happened on the supply side: smelter processing fees fell to zero, meaning refiners are now working for free just to keep the lights on. ING Group puts the 2026 refined copper deficit at 600,000 tons, the widest gap in two decades, as mine disruptions and tariff-driven stockpiling continue to drain inventories outside the United States[2]. In that environment, capital is rotating t
TORONTO, April 08, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Friday, May 1, 2026 at 11:00 a.m. ET to discuss the Company's first quarter 2026 results. First Quarter 2026 Results Conference Call and Webcast Date:Friday, May 1, 2026Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the first quarter of 2026 results before the market open on Friday, May 1, 2026 and post it on the Company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hudbay Hudbay ((TSX, NYSE:HB
Establishes a major copper hub in southern Arizona with the addition of the Cactus project to Hudbay's existing Arizona business, including the Copper World project Strategically positions Hudbay to become a leading supplier of domestic U.S. refined copper with Copper World and Cactus both expected to be significant producers of copper cathodeProvides a clear pathway to scale Hudbay's annual copper production from ~125,000 tonnes today to more than 250,000 tonnes by 2030 with Copper World and other near term optimization projects, and potential to grow to more than 350,000 tonnes with Cactus Significant operational efficiencies and regional synergies are expected with the staged development
TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) today released its fourth quarter and full year 2025 financial results and announced 2026 annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted. "2025 was a transformative year for Hudbay as we delivered record annual revenue of $2.2 billion and exceeded $1 billion in adjusted EBITDA, underpinned by our 11th consecutive year of meeting consolidated copper production guidance," said Peter Kukielski, President and Chief Executive Officer. "Our diversified operating platform demonstrated exceptional resilience, overcoming external challenges in M
TORONTO, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) today announced preliminary production results for the three months and year ended December 31, 2025. All amounts are in US dollars, unless otherwise noted. Highlights: Achieved 2025 consolidated copper and gold production guidance, despite the mandatory wildfire evacuation shutdowns and temporary operational interruptions resulting in production deferrals during the year.2025 represents the 11th consecutive year in which Hudbay achieved its annual consolidated copper production guidance, since Constancia declared commercial production, and 5th consecutive year achieving its
TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") ((TSX, NYSE:HBM) released its third quarter 2025 financial results today. All amounts are in U.S. dollars, unless otherwise noted. "This was a quarter of resilience for Hudbay as we demonstrated the strength of our operating capabilities and the benefit of our diversified operating platform at a time of mandatory wildfire evacuations in Manitoba and temporary operational interruptions in Peru," said Peter Kukielski, President and Chief Executive Officer. "Through our team's continued focus on delivery and driving operating efficiencies in the face of these challenges, we expect to achieve the low e
TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) senior management will host a conference call on Wednesday, November 12, 2025 at 11:00 a.m. ET to discuss the Company's third quarter 2025 results. Third Quarter 2025 Results Conference Call and Webcast Date:Wednesday, November 12, 2025Time:11:00 a.m. ETWebcast:www.hudbay.comDial in:1-833-752-3516 or 647-846-8185 Hudbay plans to issue a news release containing the third quarter of 2025 results before the market open on Wednesday, November 12, 2025 and post it on the Company's website. An archived audio webcast will be available on Hudbay's website following the call. About Hud
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Barclays initiated coverage of Hudbay Minerals with a rating of Overweight and set a new price target of $30.00
National Bank Financial downgraded Hudbay Minerals from Outperform to Sector Perform
UBS initiated coverage of Hudbay Minerals with a rating of Buy
Citigroup initiated coverage of Hudbay Minerals with a rating of Buy and set a new price target of $23.00
Goldman initiated coverage of Hudbay Minerals with a rating of Buy
BMO Capital Markets resumed coverage of Hudbay Minerals with a rating of Outperform
Desjardins initiated coverage of Hudbay Minerals with a rating of Buy
Jefferies upgraded Hudbay Minerals from Hold to Buy
Jefferies initiated coverage of Hudbay Minerals with a rating of Hold
BofA Securities upgraded Hudbay Minerals from Neutral to Buy and set a new price target of $9.00
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TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) is pleased to announce the appointment of Laura Tyler to the Company's Board of Directors (the "Board"). "We are delighted that Laura will be joining Hudbay's Board. Laura's extensive experience in the mining industry, deep technical knowledge and operational leadership experience make her an excellent addition to our Board. I am confident that she will greatly contribute to the Board's effectiveness as we oversee the next stage of Hudbay's growth and development," said David Smith, Hudbay's Chair of the Board. Ms. Tyler has over 30 years of extensive experience with world-c
Issues Open Letter to Fellow Shareholders Regarding the Need for Boardroom Change Following Years of Underperformance Launches www.ABetterPathforCandC.com to Share Views with Respect to the Company and Communicate with Stakeholders Engine Capital LP today issued the below letter regarding its decision to nominate two highly qualified candidates for election to the Board of Directors of C&C Group Plc (LSE: CCR) at the 2024 Annual General Meeting. *** Fellow Shareholders: Engine Capital LP (together with its affiliates, "Engine" or "we") is a sizable long-term shareholder of C&C Group Plc ("C&C" or the "Company"), with ownership of just under 5.0% of the Company's outstanding shares
TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) is pleased to announce the appointment of Andre Lauzon as its Senior Vice President and Chief Operating Officer, effective January 4, 2022. He replaces Cashel Meagher, Senior Vice President and Chief Operating Officer, who has provided notice that he will be leaving the company to pursue other interests. Mr. Lauzon, who is currently the Vice President of Hudbay's Arizona Business Unit, has been working closely with Mr. Meagher over the past several years on key growth projects in Manitoba and Arizona and his appointment ensures a seamless transition in accordance with the company's
NEW YORK, Nov. 23, 2021 /PRNewswire/ -- Last week, US President Joe Biden unveiled one of the largest infrastructure plans in U.S. history. The bipartisan approval targets up to $1.2 trillion in funding, including $550 billion in new investments for bridges, airports, the nation's waterways and policies, transit, and more. Much of the bill targets electrification for infrastructure, buildings, and fleets of government vehicles. In addition to financing renewable energy, the infrastructure bill also provides $7.5 billion for electrification of public transport and an additional $7.5 billion for charging stations for electric vehicles (EVs), which is expected to drive demand for industrial met
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