National Bankshares raises Hudbay Minerals' price target to C$16.50 and maintains outperform rating.

National Bankshares raises Hudbay Minerals price target from C$15.50 to C$16.50, maintaining outperform rating. The mining company reported Q1 earnings of C$0.22 EPS, surpassing analysts' consensus estimate of C$0.04. Hudbay Minerals focuses on exploring, developing, operating, and optimizing properties in North & South America, producing copper concentrates containing gold, silver, & molybdenum.

June 14, 2024
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