Hudbay Minerals Inc. (NYSE:HBM) is reporting second quarter financial results on Tuesday 11th August 2020, after market close.
Previous Quarter Performance
Hudbay Minerals Inc. communicated loss for the first quarter of $ 0.13 per share, from the revenue of $ 245.10 million. According to street consensus, HBM was expected to report 1Q20 income of $ 0.18 per share from revenue of $ 364.97 million. The bottom line results missed street analysts by $ 0.31 or 172.22 percent, at the same time, top line results fell short of analysts by $ 119.87 million or 32.84 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HBM was $ 3.49, representing a 183.74 % increase from the 52 week low of $ 1.23 and a 18.84 % decrease over the 52 week high of $ 4.30.
The company has a market capital of $ 918.57 million and is part of the Basic Materials sector and Copper industry.
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Hudbay Minerals Inc., an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; and zinc metal. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States.
