TORONTO, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that, pursuant to the terms of an asset purchase agreement dated May 18, 2022 between, among others, American Copper Development Corporation (“American Copper”) and Hudbay’s wholly owned subsidiary, Mason Resources (US) Inc. (“Mason”), American Copper issued 9,896,591 common shares (the “Consideration Shares”) to Mason as partial consideration for the acquisition of a 100%
HudBay Minerals (HBM) delivered earnings and revenue surprises of 9.09% and 2.59%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its second quarter 2022 financial results. All amounts are in U.S. dollars, unless otherwise noted. Strong Operating and Financial Results Full year 2022 production and operating cost guidance is reaffirmed as second quarter production was in line with expectations and Hudbay achieved strong unit operating cost performance despite inflationary pressures from higher input pri