Report
EUR 88.38 For Business Accounts Only

Investment Update | Review + Outlook

​We continue to view Hudbay favourably based on management’s focus on cost reduction and efforts to strengthen the balance sheet. Hudbay has secured an additional $30 million in new commitments for its credit facilities and improved its liquidity. However, we caution that while the Rosemont project offers the potential for medium-term production growth, the company needs to work through a number of obstacles, including successful permitting, obtaining external sources of financing, and seeing higher copper prices, before moving ahead with this project.

Underlying
Hudbay Minerals Inc

HudBay Minerals is engaged in the discovery, production and marketing of copper, gold, silver, zinc and other base and precious metals in North, Central and South America. Through its subsidiaries, Co. owns copper, zinc and gold mines, ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan, and a copper project in Peru.

Provider
ARC | Accountability Research Corp
ARC | Accountability Research Corp

​Independent equity research focused on the North American market that leverages ARC’s unparalleled expertise in applying proprietary forensic accounting knowledge to investment analysis. 

The ARC process is focused on avoiding financial reporting and accounting risks while identifying companies with superior adjusted cash flow metrics.

Analysts
Harriet Li

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