Raymond James reduces earnings estimates for Hudbay Minerals and Lundin Mining, reflecting a cautious market outlook.
Raymond James has revised its earnings estimates downward for Hudbay Minerals and Lundin Mining, citing factors affecting their financial performance. The adjustments reflect a more cautious outlook for both companies in the mining sector, particularly for the third quarter earnings per share (EPS) projections. This shift indicates challenges in the market that may impact profitability.
October 28, 2024
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