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Hudbay Minerals: TD Securities Update & Forecast

Stock Target Advisor News - Stock Target Advisor - Tue Oct 6, 3:49PM CDT
Hudbay Minerals: TD Maintains Buy Rating and C$43 Target

Hudbay Minerals Inc. (HBM:CA) — TD Securities maintained its Buy rating with a C$43.00 price target. Hudbay reaffirmed its production guidance and improved its cash cost outlook in its second-quarter results, supporting the operating case for its copper and gold portfolio. Looking ahead, investors will be watching whether production growth and cost discipline translate into higher cash flow per share. Commodity price volatility, shipment timing and capital requirements for future projects remain important factors in assessing the target.

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