Hudbay Minerals (HBM.TO) Stock Is Gaining Momentum Since March 1: Long Term Investment?

On July 15 the Hudbay Minerals (HBM.TO) stock reached its highest point for this month. On that day Hudbay Minerals (HBM.TO) was trading at C$8.84. After 5 days on July 20, the same stock dropped to C$7.62. This loss is equivalent to 13%. Analysts claim that Hudbay Minerals (HBM.TO) stock is going to gain momentum in the foreseeable future. Senior Management Hudbay Minerals Inc. (“Hudbay” or “Company”) (HBM) will be holding a conference call on Tuesday, Aug 10, 2021, at 8:30 am ET to discuss second quarter 2021 results. Hudbay plans to issue a press release with results for the second quarter of 2021 on Monday, August 9, 2021, and post it on the company’s website.

Hudbay’s mission is to create sustainable value through the acquisition, development, and operation of high-quality long-lived deposits with exploration potential in jurisdictions that support responsible mining and that the regions and communities in which the company operates benefit from its presence. The company is regulated by the Commercial Corporations Act of Canada and is listed under the symbol “HBM” on the Toronto Stock Exchange, New York Stock Exchange, and Bolsa de Valores de Lima.

Jack Dawkins

Finance and Tech Contributor

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