News Digest / Ticker: HBM

Ticker: HBM

08:13am, Tuesday, Aug 13, 2024

Hudbay Minerals Shares Drop 4.8% After Earnings Miss, but Optimism Remains for Future Production Gains

Hudbay Minerals (NYSE: HBM) shares fell 4.8% in premarket trading after Q2 earnings missed expectations, reporting $0.00 EPS and $425.52M revenue. The company plans to boost production in 2024 despite lower output in Q2, highlighting debt reduction progress.