HudbayHBM
Market Cap: $3.08B
About: Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.
Employees: 2,708
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,082% more call options, than puts
Call options by funds: $39M | Put options by funds: $3.3M
200% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 9 (+6) [Q2]
142% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 24
67% more capital invested
Capital invested by funds: $1.51B [Q1] → $2.52B (+$1.01B) [Q2]
45% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 55
20% more funds holding
Funds holding: 173 [Q1] → 207 (+34) [Q2]
5.98% more ownership
Funds ownership: 60.28% [Q1] → 66.26% (+5.98%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for HBM.
Financial journalist opinion
Based on 3 articles about HBM published over the past 30 days