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Enter Symbol:
Rating: HBMFF
Underweight $4

HudBay Minerals Inc Ord Shs (NYSE: HBM) rated to Underweight with price target $4 by Barclays

Thursday,  Jan 14, 2016  1:25 PM ET by Kristen Bailey

Barclays rated HudBay Minerals Inc
Ord Shs (NYSE: HBM) to Underweight with price target $4.

HudBay Minerals Inc. (HudBay) is a Canada-based diversified mining company, with assets in North, Central and South America. Through its subsidiaries, HudBay owns copper/zinc/gold mines, ore concentrators and zinc production facilities in northern Manitoba and Saskatchewan, a zinc oxide production facility in Ontario, a nickel project in Guatemala and a copper project in Peru. HudBay produces copper concentrate (containing copper, gold and silver), zinc metal and zinc oxide. Its exploration properties include approximately 400,000 hectares in the prolific Flin Flon Greenstone Belt of Manitoba and Saskatchewan. The Company is focusing on additional exploration at the Fenix property in Guatemala, its San Antonio copper project in Chile and its Tom/Jason zinc-lead-silver mineral deposits in the Yukon. On March 1, 2011, HudBay acquired certain common shares of Norsemont Mining Inc. (Norsemont). In July 2011, it acquired remaining interest in Norsemont.


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