HBM News and Press, Hudbay Minerals Inc. From 07/08/22

Hudbay Minerals ( NYSE: HBM ) and First Quantum Minerals ( OTCPK:FQVLF ) fall sharply in Friday's trading as Bank of America downgraded both mining names, turning more cautious on the sector as it cuts price forecasts on a wide range of precious and base metals. Bof...

Gainers: Target Hospitality ( TH ) +17% . MRC Global ( MRC ) +13% . Mesa Royalty ( MTR ) +12% . Azure Power Global ( AZRE ) +9% . Hycroft Mining Holding ( HYMC ) +8% . Losers: WD-40 Company ( WDFC ) -13% . Loma Negra Compania...

TORONTO, July 07, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) ( TSX, NYSE: HBM) senior management will host a conference call on Tuesday, August 9, 2022 at 8:30 a.m. ET to discuss the company’s second quarter 2022 resu...

Base metals and related equities look poised for a strong rebound Thursday after recent declines, as China reportedly is considering a $220B stimulus package to boost its economy. According to Reuters, benchmark copper on the London Metal Exchange ( HG1:COM ) recently traded...

Palm Beach, FL – June 29, 2022 – FinancialNewsMedia.com News Commentary – Copper is one of the oldest metals ever used and has been one of the important materials in the development of civilization. Because of its properties, singularly or in combination, of...

The company has added a cash-flowing royalty to its portfolio, but its G&A expenses are about 3 times higher than its revenues. With just $1.5 million in the bank as of May 24, it seems that a large capital increase by the end of 2022 is inevitable. However, copper prices are ...

Copper prices are poised for their biggest weekly fall in more than a year, and other industrial metals also are set for sharp weekly declines, as investors worried that central bank rate hikes could choke global economic growth and cut demand for metals. According to Reuters, benchmark coppe...

Freeport McMoRan (NYSE:FCX) -6.4% in Thursday's trading, plunging to a 16-month low, mirroring losses in copper as rapidly rising interest rates and weak economic data spark worries of a global slowdown that would cut demand for metals. Comex July copper (HG1:COM) -4.4% to $3.771/lb, the lowe...

Shares of industrial miners are on watch as iron ore rallied on Thursday from its lowest close in more than six months after China President Xi Jinping pledged to achieve economic goals for the year, although copper continues to decline. Freeport McMoRan (NYSE:FCX) shares have plummeted 28% s...

Copper prices plunged to their lowest level in more than a year on Wednesday, succumbing to concerns that rapid rate hikes may tank the global economy into recession while China continues its strict zero-COVID policy, hurting demand for metals. In pre-market trading, Freeport McMoRan (NYSE:FC...