Commodity Roundup: BMI ups zinc price forecast to $2,700/t, says copper to hold up amid China optimism [Seeking Alpha]
Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM)
Last hudbay minerals inc. ordinary shares (canada) earnings: 2/20 05:35 pm
Check Earnings Report
US:NYSE Investor Relations:
hudbayminerals.com/english/investor-centre/default.aspx
Company Research
Source: Seeking Alpha
prices higher, while it maintained the average annual copper price forecast at 9,600/tonne. A decline in zinc concentrate production has weighed on refined output, resulting in a forecasted market deficit of 141kt in 2024, contrasting sharply with the 196kt surplus observed in 2023. At the same time, broader market fundamentals are reinforcing price growth in H224, with the Federal Reserve's initiation of its rate-cutting cycle and fresh Mainland Chinese stimulus propelling prices upward, the brokerage added. Zinc prices closed at a new YTD high of 3,174/tonne on Oct. 2, reaching levels unseen since February 2023. The brokerage, however, anticipates a marginal softening from current price levels as the market digests the stimulus news and rate cut expectations. In the longer-term, it forecasts zinc prices to average $2,700/tonne over 2024-2028, remaining below 2022 levels of $3,440/tonne. In terms of copper, BMI said the strength in copper prices will be driven mainly by pos
Show less
Read more
Impact Snapshot
Event Time:
HBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HBM alerts
High impacting Hudbay Minerals Inc. Ordinary Shares (Canada) news events
Weekly update
A roundup of the hottest topics
HBM
News
- Is Hudbay Minerals (HBM) One of The Best Materials Stocks to Buy Right Now? [Yahoo! Finance]Yahoo! Finance
- Hudbay Minerals Inc. (NYSE: HBM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Hudbay Minerals Inc (HBM) Q3 2024 Earnings Call Highlights: Record Gold Production and Strong ... [Yahoo! Finance]Yahoo! Finance
- HudBay Minerals (HBM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- Hudbay Delivers Strong Third Quarter 2024 Results with Record Gold Production in Manitoba; 2024 Production Guidance Reaffirmed and Cost Guidance Further ImprovedGlobeNewswire
HBM
Earnings
- 11/13/24 - Beat
HBM
Sec Filings
- 11/18/24 - Form 6-K
- 11/14/24 - Form SC
- 11/14/24 - Form 6-K
- HBM's page on the SEC website