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Hudbay Minerals (HBM) Gets a Buy from Bank of America Securities

Tipranks - Tipranks - Fri Feb 27, 5:56AM CST

Bank of America Securities analyst Lawson Winder maintained a Buy rating on Hudbay Minerals today and set a price target of $27.50.

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According to TipRanks, Winder is a 5-star analyst with an average return of 23.0% and a 60.90% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Pan American Silver, Newmont Mining, and Eldorado Gold.

In addition to Bank of America Securities, Hudbay Minerals also received a Buy from Desjardins’s Bryce Adams in a report issued on February 24. However, on February 22, TipRanks – Anthropic downgraded Hudbay Minerals (NYSE: HBM) to a Hold.

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Based on Hudbay Minerals’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$737.06 million and a net profit of C$129.97 million. In comparison, last year the company earned a revenue of C$584.92 million and had a net profit of C$21.16 million

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