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StockNews.com
Business
Rjkumari Saxena

Hudbay Minerals Inc.: A Mining Stock to Consider Amidst Commodity Demand?

Based in Toronto, Canada, Hudbay Minerals Inc. (HBM) is a diversified mining company specializing in copper mining with a robust presence across tier-one, mining-friendly regions in Canada, Peru, and the United States. The company’s operations span the Constancia mine in Peru, Snow Lake in Manitoba, and the Copper Mountain mine in British Columbia.

The company recently reported its financial results for the third quarter of 2024. HBM’s revenue of $485.77 million surpassed the analysts’ estimate of $452.82 million. Also, its EPS of $0.13 beat the Street’s expectation of $0.05.

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