Hudbay Minerals | 6-K: Report of foreign private issuer (related to financial reporting)
Has Hudbay Minerals Inc.'s (TSE:HBM) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
“Profit settlement” prompted copper prices to fall back, and Southern Copper (SCCO.US) led the decline in US mining stocks
Mining stocks generally fell as copper prices showed their worst single-day performance since this year.
The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row
The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.
IAG, HBM and USAU Are Among Materials Movers
Copper Prices Plunge as Profit-taking Follows Run to Record Highs
Hudbay Announces Upsize to Bought Deal Equity Offering to $350M
Express News | U.S.-Listed Shares of Hudbay Minerals Down 5.9% After Co Announces US$300 Mln Bought Deal Equity Offering
PLAB, MMAT and HBM Among Pre-market Losers
Modine Manufacturing Posts Mixed Q4 Results, Joins Viasat, Lululemon And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Wednesday.Shares of Modine Manufacturing Company (NYSE:MOD) shares fell sharply in today's pre-market tradi
Hudbay Minerals to Raise $300m in Bought Deal Offering
Hudbay Announces Election of Directors
TORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") ((TSX, NYSE:HBM) today announced that each of the ten individuals nominated for election as a director of Hudbay at the
Express News | Hudbay Minerals Shares Are Trading Lower After the Company Announced a $300 Million Bought Deal Equity Offering
Express News | Hudbay Announces $300M Bought Deal Equity Offering Of 31.6M Shares At $9.50/Share
Hudbay Minerals Brief: Announcing US$300 Million Bought Deal Equity Offering
04:18 PM EDT, 05/21/2024 (MT Newswires) -- Hudbay Minerals Brief: Announcing US$300 Million Bought Deal Equity Offering
BMO Capital Remains a Buy on Hudbay Minerals (HBM)
Wall Street Is Chasing a Hot Stock Market. You Don't Need To
By Jacob Sonenshine The S&P 500 is hitting record highs -- and strategists are now lifting their price targets for the S&P 500. Investors shouldn't take that as their cue to aggressively buy the mark
Copper Surges to Highest Ever on Bets That Shortages Will Worsen
It surpassed $11,000 for the first time! “Dr. Copper” continues to soar, investors are betting on the prospect of supply shortages
As supply shortages are expected to intensify, financial investors are pouring into the copper market, which has helped copper soar to its highest level in history, continuing strong gains for several months.
Copper Hits Record Above $11,000 on Bets That Shortage Looms