Jefferies has recently raised Hudbay Minerals Inc (HBM) stock to Buy rating, as announced on August 14, 2024, according to Finviz. Earlier, on May 3, 2024, Jefferies had initiated the stock to Hold.
Hudbay Minerals will boost its stake in copper explorer Arizona Sonoran Copper with a 19.9 million Canadian dollars ($13.9 million) investment that will help advance a copper project in Arizona.
Has agreed with Arizona Sonoran Copper Company Inc. to subscribe for 11,852,064 common shares of the Company in a non-brokered private placement at a price of C$1.68 per Common Share for total ...