Hudbay Minerals Stock (NYSE:HBM), Trade Ideas

Hudbay Minerals

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.

Wall Street

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Equities

Large Cap

Mid Cap

Sector ETFs

Commodities

Small Cap

Econ #s

Economics

Federal Reserve

Intraday Update

Tech

ETFs

$BTC

CSCO

SPDR Dow Jones Industrial Average ETF Trust

MRNA

NVDA

iShares Trust Barclays 20+ Year Treasury Bond Fund

XLRE

Select Sector SPDR-Consumer Discretionary

Stocks edged lower during midday trading on Tuesday as traders maintained a cautious stance in anticipation of the highly awaited Consumer Price Index (CPI) report scheduled for Wednesday, which could offer crucial insights into the potential course of actions by the Fed.

Stocks Fall Ahead Of Key Inflation Data, Gold Defends Record Highs; Bitcoin Stumbles Below $70,000: What&#39;s Driving Markets Tuesday?

Gold.goldbar.goldnugget.shutterstock

Analyst Color

Upgrades

Analyst Ratings

TSLA

Gold prices projected to jump to $3,000/oz by 2025 due to strong demand from central banks and investors returning to market with Fed rate cuts.

Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals &#39;Dance To Their Own Tune&#39;

News

Penny Stocks

Markets

Movers

Trading Ideas

ABSI

BILI

LYEL

MRVI

NRIX

RVNC

TSHA

XPEV

U.S. stocks were lower, with the Dow Jones index falling over 200 points on Tuesday.

Shares of  BlackBerry Limited (NYSE: BB) rose sharply during Tuesday’s session.

BlackBerry, Nurix Therapeutics, Tesla And Other Big Stocks Moving Higher On Tuesday

Hudbay Minerals Inc. Ordinary Shares (Canada)

Hudbay Minerals Inc

HBM Healthcare Investments Ltd

HBM Holdings Ltd

HUBEI MINKANG PHARM LTD by Hubei Minkang Pharmaceutical Ltd

<p>Stocks edged lower during midday trading on Tuesday as traders maintained a cautious stance in anticipation of the highly awaited Consumer Price Index (CPI) report scheduled for Wednesday, which could offer crucial insights into the potential course of <a href="https://www.benzinga.com/topic/federal-reserve">actions by the Fed.</a></p>
<p>The consensus expectation among Wall Street analysts is that the annual CPI rate to edge slightly higher from 3.2% to 3.4% in March, mainly due to rising gasoline prices. Core inflation, which excludes food and energy items, is anticipated to inch lower, from 3.8% to 3.7%. </p>
<p>The S&amp;P 500 index declined by 0.2%, dragged down by financials, industrials, and energy stocks, while the tech sector remained flat. The Dow lost 0.4%, while small caps managed to inch 0.1% higher.</p>
<p>Treasury yields moved slightly lower amid rising demand for bonds, with the <strong>iShares 20+ Year Treasury </strong>Bond (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rising by 0.8%.</p>
<p>Gold prices inched 0.2% higher to $2,343, after breaking fresh record highs earlier in the session.</p>
<p><strong>Bitcoin</strong> (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) witnessed heightened volatility, with the largest cryptocurrency declining by 4.6%.</p>
<h3 class="wp-block-heading">Tuesday&#8217;s Performance In Major US Indices, ETFs</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Major Indices &amp; ETFs</strong></td>
<td><strong>Price</strong></td>
<td><strong>1-day %chg</strong></td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,071.82</td>
<td>0.1%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,089.43</td>
<td>-0.1%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,191.62</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>38,770.96</td>
<td>-0.4%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p>The <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) was down 0.2% to $517.42, the <strong>SPDR Dow Jones Industrial Average</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) was 0.3% lower at $387.75 and the tech-heavy <strong>Invesco QQQ Trust</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.1% lower to $440.24, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>. </p>
<p>Sector-wise, the<strong> Real Estate Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, up 0.7%, while the <strong>Financials Select Sector SPDR Fund</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) was the laggard, down 0.8%. </p>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
<ul>
<li><strong>Nvidia Corp.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell by 3%, putting it on track for its lowest close since early March and the third consecutive week of declines – the worst streak since September. ARK CEO <strong>Cathie Wood </strong>announced that she has sold nearly $4 million worth of Nvidia shares.</li>
<li><strong>Cisco Systems Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) rallied 4% after Morgan Stanley raised the company&#8217;s price target to $58. </li>
<li><strong>Moderna Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) surged over 5% following promising results from an early study of the company&#8217;s cancer vaccine mRNA-4157. </li>
<li><strong>MP Materials Corp. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MP#NYSE">MP</a>) rallied nearly 8%, on the heels of a $58.5 million tax-credit award aimed at advancing the construction of its rare earth magnet manufacturing facility.</li>
<li><strong>Freeport-McMoRan Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) climbed 2.2% after Bank of America upgraded its outlook from Neutral to Buy. Similarly, peer company <strong>Hudbay Minerals Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) surged 8% following its upgrade from Neutral to Buy.</li>
</ul>
<p>Read now: <em><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38164785/bank-of-america-sees-gold-at-3-000-warns-of-a-copper-supply-crisis-metals-dance-to-">Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals &#8216;Dance To Their Own Tune&#8217;</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Stocks Fall Ahead Of Key Inflation Data, Gold Defends Record Highs; Bitcoin Stumbles Below $70,000: What's Driving Markets Tuesday?

<p>Gold prices are projected to jump to $3,000 per ounce by 2025, according to Bank of America, buoyed by strong demand from central banks and the anticipation of investors returning to the market once the Federal Reserve begins <a href="https://www.benzinga.com/federal-reserve">to slash interest rates.</a></p>
<p><strong>Michael Widmer</strong>, the bank&#8217;s commodity strategist, highlighted gold&#8217;s resilience as central banks tighten monetary policies. </p>
<p>&#8220;Gold prices have been remarkably resilient in recent months, notwithstanding central banks around the world tightening monetary policy,&#8221; said Widmer. </p>
<p>The Chinese central bank, in particular, has played a significant role in supporting the gold market, amassing over $200 tonnes of the yellow metal in 2023 alone. This elevated buying also depends on the heightened activity in China&#8217;s retail sector, with jewelry sales and non-monetary gold imports &#8220;hitting record highs earlier this year.&#8221; </p>
<p>&#8220;If the Fed ultimately starts cutting rates, investors should return to the market, also offsetting potentially lower Chinese investment demand as sentiment&nbsp;there&nbsp;improves and the economy accelerates. We had previously proposed a&nbsp;US$2,400/oz price estimate if the Fed cut rates in 1Q24; we&nbsp;now raise that and see gold rallying&nbsp;to US$3,000/oz by 2025,&#8221; Widmer affirmed.</p>
<p>In response to these developments, Bank of America equity research team has also upgraded its rating on <strong>Alamos Gold Corp. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>) from Neutral to Buy. </p>
<p><em><strong>Chart: Bank of America Predicts A Further 27% Rally In Gold</strong></em></p>
<p><img decoding="async" src="https://www.benzinga.com/files/images/story/2024/1712673874_0.png" alt="" /></p>
<h3 class="wp-block-heading">&#8216;The Copper Supply Crisis Is Here&#8217;</h3>
<p>The optimism extends beyond just precious metals, with Bank of America also sounding the alarm on a potential copper supply crisis. </p>
<p>According to Widmer, &#8220;raw materials are increasingly&nbsp;dance to their own tune,&#8221; and copper is seen at the &#8220;epicentre of the energy transition.&#8221; </p>
<p>The bank predicts significant increases in copper prices, driven by a variety of factors including green technology investments, thin inventories and global economic recovery. </p>
<p>Copper prices are expected to average $10,750 per tonne in 2025, climbing to $12,000 per tonne in 2026.</p>
<p>Widmer points out the critical situation in copper mine supply which is beginning to seriously impact refined production. &#8220;Tight copper mine supply is increasingly constraining refined production: the much-discussed lack of mine projects is finally starting to bite,&#8221; he explained.</p>
<p>Although advancements in electric vehicle (EV) technology have reduced the amount of copper required in new models—<strong>Tesla Inc</strong>&#8216;s<strong> </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) latest 48V system reportedly needs 75% less copper—the demand from other sectors remains high. Notably, copper is crucial for applications such as data center cabling and the electricity network, covering power generation and transmission.</p>
<p>Following this optimistic forecast, the bank has also upgraded its ratings for copper producers <strong>Freeport</strong>&#8211;<strong>McMoran Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) and <strong>Hudbay Minerals Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) from Neutral to Buy, signaling expected strong performance in the copper sector.</p>
<p><em>Chart: Bank Of America Foresees A 30% Rally In Copper By 2026</em></p>
<p><figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23-1024x495.png" alt="" class="wp-image-283909" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23-1536x743.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/04/09100303/image-23.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><em>Read Now:</em> <em><a href="https://www.benzinga.com/economics/macro-economic-events/24/04/38150279/march-inflation-data-preview-what-figures-would-boost-odds-of-june-interest-rate-">March Inflation Data Preview &#8211; What Figures Would Boost Odds Of June Interest Rate Cut?</a></em></p>
<p><em>Image: Shutterstock</em></p>


Bank Of America Sees Gold At $3,000, Warns Of A Copper Supply Crisis: Metals 'Dance To Their Own Tune'

<p>U.S. stocks were lower, with the Dow Jones index falling over 200 points on Tuesday.</p>
<p>Shares of <strong> BlackBerry Limited</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bb#NYSE">BB</a>) rose <a href="https://www.benzinga.com/markets/equities/24/04/38159493/why-is-blackberry-stock-rising-today">sharply during Tuesday&rsquo;s session</a>.</p>
<p>The company announced a collaboration with <strong>Advanced Micro Devices, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amd#NASDAQ">AMD</a>), designed to revolutionize next-generation robotic systems by enabling new levels of low latency and jitter, as well as repeatable determinism.</p>
<p>BlackBerry shares jumped 9% to $3.1340 on Tuesday.</p>
<p>Here are some other big stocks recording losses in today&rsquo;s session.</p>
<ul>
<li><strong>Nurix Therapeutics, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nrix#NASDAQ">NRIX</a>) jumped 19% to $16.42. Nurix Therapeutics announced extension of strategic collaboration with Sanofi to develop novel targeted protein degraders of STAT6.</li>
<li><strong>Taysha Gene Therapies, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsha#NASDAQ">TSHA</a>) shares climbed 14% to $3.0650 after Piper Sandler initiated coverage on the stock with an Overweight rating and a price target of $9.</li>
<li><strong>Lyell Immunopharma, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyel#NASDAQ">LYEL</a>) gained 10.5% to $2.42.</li>
<li><strong>Wheels Up Experience Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/up#NYSE">UP</a>) climbed 10.3% to $3.00.</li>
<li><strong>XPeng Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xpev#NYSE">XPEV</a>) climbed 8.7% to $8.02.</li>
<li><strong>Revance Therapeutics, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rvnc#NASDAQ">RVNC</a>) gained 8.6% to $4.8350.</li>
<li><strong>Moderna, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) gained 8.3% to $113.81.</li>
<li><strong>NIO Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nio#NYSE">NIO</a>) shares rose 7.7% to $4.7050. NIO filed its 2023 annual report on Form 20-F.</li>
<li><strong>Absci Corporation</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/absi#NASDAQ">ABSI</a>) gained 7.4% to $6.06.</li>
<li><strong>Hudbay Minerals Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hbm#NYSE">HBM</a>) climbed 7.2% to $8.01 after B of A Securities upgraded the stock from Neutral to Buy.</li>
<li><strong>Coeur Mining, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cde#NYSE">CDE</a>) rose 7% to $5.06. Roth MKM analyst Joe Reagor initiated coverage on Coeur Mining with a Buy rating and announced a price target of $5.4.</li>
<li><strong>Bilibili Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bili#NASDAQ">BILI</a>) gained 5.6% to $11.70.</li>
<li><strong>Maravai LifeSciences Holdings, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvi#NASDAQ">MRVI</a>) gained 5.5% to $8.30.</li>
<li><strong>Tesla, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) shares rose 2.3% to $176.93. Goldman Sachs analyst Mark Delaney maintained Tesla with a Neutral and lowered the price target from $190 to $175, while Morgan Stanley analyst Adam Jonas maintained the stock with an Overweight and maintained a $310 price target.</li>
</ul>
<p>&nbsp;</p>
<p>Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38155367/jim-cramer-was-upset-at-this-hostile-takeover-but-they-fixed-the-situation-stocks-been-a"><em> Jim Cramer Was Upset At This Hostile Takeover, But &#39;They Fixed The Situation. Stock&#39;s Been A Horse&#39;</em></a></p>


WIIM

Hudbay Minerals shares are trading higher after B of A Securities upgraded the stock from Neutral to Buy.

<p>B of A Securities  analyst Lawson Winder   upgrades Hudbay Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) from Neutral to Buy and announces $9 price target.</p>


Price Target

B of A Securities Upgrades Hudbay Minerals to Buy, Announces $9 Price Target

Guidance

Hudbay Expects Gold Production Expected To Average 272,500 Ounces Per Year Over The Next Three Years

Hudbay Expects Copper Production To Average 153,000 Tonnes Per Year Over The Next Three Years

<p>Raymond James  analyst Farooq Hamed   maintains Hudbay Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) with a Outperform and raises the price target from $9 to $10.5.</p>


Raymond James Maintains Outperform on Hudbay Minerals, Raises Price Target to $10.5

Earnings

Hudbay Minerals Reported Q4 Consolidated Copper Production Of 45,450 Tonnes And Consolidated Gold Production Of 112,776 Ounces

Hudbay Minerals Expects Consolidated Copper Production To Increase By 19% To 156,500 Tonnes And Gold Production To Decrease Slightly To 291,000 Ounce In 2024

<p>Hudbay Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.13 by 53.85 percent. This is a 1900 percent increase over earnings of $0.01 per share from the same period last year.  The company reported quarterly sales of $602.19 million which beat the analyst consensus estimate of $542.12 million by 11.08 percent.  This is a 87.48 percent increase over sales of $321.20 million the same period last year.</p>


Hudbay Minerals Q4 Adj. EPS $0.20 Beats $0.13 Estimate, Sales $602.19M Beat $542.12M Estimate

<h3>Companies Reporting Before The Bell</h3>
<p>&bull; Fomento Economico (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMX#NYSE">FMX</a>) is likely to report quarterly earnings at $1.61 per share on revenue of $11.66 billion.</p>
<p>&bull; Calumet Specialty Prods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) is projected to report quarterly loss at $0.39 per share on revenue of $926.13 million.</p>
<p>&bull; Global Blue Gr Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GB#NYSE">GB</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $119.60 million.</p>
<p>&bull; Hyatt Hotels (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/H#NYSE">H</a>) is projected to report quarterly earnings at $0.39 per share on revenue of $1.60 billion.</p>
<p>&bull; Docebo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCBO#NASDAQ">DCBO</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $48.40 million.</p>
<p>&bull; Hudbay Minerals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) is likely to report quarterly earnings at $0.12 per share on revenue of $542.12 million.</p>
<p>&bull; RB Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBA#NYSE">RBA</a>) is expected to report quarterly earnings at $0.69 per share on revenue of $1.04 billion.</p>
<p>&bull; Sunstone Hotel Invts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHO#NYSE">SHO</a>) is projected to report earnings for its fourth quarter.</p>
<p>&bull; Anglogold Ashanti (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) is projected to report earnings for its fourth quarter.</p>
<p>&bull; Coca-Cola Europacific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCEP#NASDAQ">CCEP</a>) is expected to report earnings for its Fiscal Year 2023.</p>
<p>&bull; AerCap Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AER#NYSE">AER</a>) is expected to report quarterly earnings at $2.45 per share on revenue of $1.93 billion.</p>
<p>&bull; Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) is projected to report quarterly earnings at $0.69 per share on revenue of $1.20 billion.</p>
<p>&bull; Diana Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSX#NYSE">DSX</a>) is projected to report quarterly earnings at $0.04 per share on revenue of $58.75 million.</p>
<p>&bull; TransAlta (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAC#NYSE">TAC</a>) is estimated to report quarterly earnings at $0.14 per share on revenue of $576.71 million.</p>
<p>&bull; Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) is projected to report quarterly loss at $0.06 per share on revenue of $10.37 billion.</p>
<p>&bull; Federal Agricultural (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGM#NYSE">AGM</a>) is estimated to report quarterly earnings at $4.05 per share on revenue of $88.99 million.</p>
<p>&bull; E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) is projected to report quarterly earnings at $0.11 per share on revenue of $602.33 million.</p>
<p>&bull; Gray Television (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTN#NYSE">GTN</a>) is projected to report quarterly loss at $0.16 per share on revenue of $863.06 million.</p>
<p>&bull; Northwest Natural Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWN#NYSE">NWN</a>) is expected to report quarterly earnings at $1.27 per share on revenue of $360.31 million.</p>
<p>&bull; Frontier Communications (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) is likely to report quarterly loss at $0.12 per share on revenue of $1.42 billion.</p>
<p>&bull; Lamar Advertising (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAMR#NASDAQ">LAMR</a>) is likely to report quarterly earnings at $1.35 per share on revenue of $547.66 million.</p>
<p>&bull; Compx Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CIX#AMEX">CIX</a>) is projected to report earnings for its fourth quarter.</p>
<h3>Companies Reporting After The Bell</h3>
<p>&bull; BIT Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) is expected to report quarterly earnings at $0.00 per share on revenue of $77.30 million.</p>
<p>This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.</p>


BLMN

BTCM

Coca-Cola European Partners plc Ordinary Shares

CCEP

CLMT

DCBO

Fomento Economico Mexicano S.A.B. De C.V.

FYBR

LAMR

Earnings Scheduled For February 23, 2024

<p><strong>Hudbay Minerals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) is set to give its latest quarterly earnings report on Friday, 2024-02-23. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Hudbay Minerals will report an <strong>earnings per share</strong> (EPS) of $0.13. </p>
<p>Hudbay Minerals bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.07, which was followed by a 3.33% drop in the share price the next day.</p>
<p>Here's a look at Hudbay Minerals's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.14</td>
<td>0.06</td>
<td>0.05</td>
<td>0.01</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.07</td>
<td>-0.07</td>
<td>0</td>
<td>0.01</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-3.33%</td>
<td>-1.43%</td>
<td>-2.26%</td>
<td>-3.53%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708614088_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Hudbay Minerals were trading at $5.35 as of February 21. Over the last 52-week period, shares are up 14.41%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/HBM/earnings"><strong>To track all earnings releases for Hudbay Minerals visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For Hudbay Minerals

<p><strong>Hudbay Minerals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) is set to give its latest quarterly earnings report on Friday, 2024-02-23. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Hudbay Minerals will report an <strong>earnings per share</strong> (EPS) of $0.13. </p>
<p>Hudbay Minerals bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.07, which was followed by a 3.33% drop in the share price the next day.</p>
<p>Here's a look at Hudbay Minerals's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2023</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.14</td>
<td>0.06</td>
<td>0.05</td>
<td>0.01</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.07</td>
<td>-0.07</td>
<td>0</td>
<td>0.01</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-3.33%</td>
<td>-1.43%</td>
<td>-2.26%</td>
<td>-3.53%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708614068_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Hudbay Minerals were trading at $5.35 as of February 21. Over the last 52-week period, shares are up 14.41%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/HBM/earnings"><strong>To track all earnings releases for Hudbay Minerals visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Hudbay Minerals Earnings Preview

<p>The energy transition that requires vast amounts of minerals like copper and lithium to move the economy from dependence on fossil fuels to renewable sources of electricity has created a shift in the tension between environmentalists <a href="https://www.benzinga.com/topic/mining">and the mining industry.</a></p>
<p>Conservation groups find themselves opposing mining projects that aim to extract metals like copper and lithium needed to make electric vehicles, wind farms and solar panels. They worry that, even though the end goal will help decrease carbon emissions, a rush to develop the mines may skirt environmental protections put in place over the years.</p>
<p>One of the latest battlegrounds is the Mining Regulatory Clarity Act. Introduced by Democrat and Republican legislators from mining-heavy states Nevada, Idaho and Alaska, the measure aims to explicitly allow mining companies with claims on federal land to dump rock waste on public land next door, even if those adjacent claims aren't proven to contain valuable minerals.</p>
<p>This has been the practice under the General Mining Act of 1872, which governs hard rock mining of minerals including gold and copper under land owned by the United States and leased by miners.&nbsp;</p>
<p>Over the century and a half of the law's existence, mining has evolved from pickaxes to large industrial operations that remove much more ore and waste rock than the hand-held shovels of yore. Mining companies often deposit that waste on adjacent unprofitable claims rather than on top of land that contains valuable minerals.</p>
<p>Conservation groups have been contesting that. In 2019 a district judge sided with environmentalists and tribes fighting the Rosemont open-pit copper mine in Arizona owned by Canadian miner <strong>Hudbay Minerals Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>). In 2022 a federal appeals court upheld the decision that the company's only valid claims were on land it could prove contained valuable minerals, thus preventing the mine from putting waste on other claims in the area.</p>
<p><em>Also Read: <a href="https://www.benzinga.com/news/mid-cap/24/02/37180661/sibanye-stillwater-explores-use-cases-for-rare-metal-the-auto-sector-needs-less-of">Sibanye-Stillwater Explores Use Cases For Rare Metal The Auto Sector Needs Less Of</a></em></p>
<p>Ramifications of the Rosemont decision have been rippling through the mining industry. Based on the precedent, a judge blocked a Nevada molybdenum mine owned by Colorado-based miner <strong>New Moly LLC </strong>and South Korean steelmaker <strong>Posco Holdings Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>). Another judge said the Bureau of Land Management erred in its decision to approve the <strong>Lithium Americas Corp.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) Thacker Pass project in Nevada but stopped short of vacating the decision.</p>
<p>"If judges use the original outline of the law, there are a lot of mines in the U.S. that could be challenged in this way," <strong>Simon Jowitt</strong>, mining industry consultant and associate professor of economic geology at the University of Nevada Reno, told Benzinga.</p>
<p>The most vulnerable mining projects are those on public lands that use mining claims for ancillary activities, <strong>Collen Clark</strong>, a founding partner of law firm Schmidt &amp; Clark LLP, told Benzinga.&nbsp;</p>
<p>The mining industry supports the changes under the clarity act, saying that it will prevent the United States falling behind in its attempt to develop domestic sources of minerals key to the energy transition and national security. Otherwise, the nation will be reliant on foreign suppliers that may not have the strongest environmental or labor laws, they say. Industry officials add that mines are already strictly regulated by environmental protection laws that needn't be duplicated in federal mining reform.&nbsp;</p>
<p>Opponents say the clarity act is a giveaway to the mining industry at the expense of the public and will undermine conservation efforts and damage ancestral land of native tribes.&nbsp;&nbsp;</p>
<p>"It's long past time to update the antiquated 1872 hard rock mining law, but the Mining Regulatory Clarity Act is not the solution," Earthjustice&nbsp;Senior Legislative Representative <strong>Blaine Miller-McFeeley</strong> said in a statement. "Instead of updating existing law to protect communities, safeguard water resources and protect Indigenous sacred sites, it gives mining companies unprecedented power to hold our public lands hostage for extractive purposes — even without a valid mineral claim."</p>
<p>In the markup session this month, the House Natural Resources Committee added language saying that nothing in the clarity bill gives mining companies the right to operate where they're already prevented, such as in national parks. The changes also say the bill doesn't limit the government's ability to regulate mining, including under the Endangered Species Act.</p>
<p>Whether the bill passes or not remains to be seen, but it has bipartisan support in the House and Senate, as well as support from the national and Nevada mining associations and the U.S. Chamber of Commerce.</p>
<p>The bill's chances of passing depend largely on whether it can be attached to a larger legislative package that has a higher priority in Congress, Clark said.</p>
<p>"It's a very simple clarification aimed at avoiding unnecessary litigation," <strong>Laura Granier</strong>, partner with law firm Holland &amp; Hart LLP, told Benzinga. "This should be not a party line issue."</p>
<p><em>Now Read: <a href="https://www.benzinga.com/news/large-cap/24/02/37202611/mining-milestone-peru-gives-nod-to-expansion-of-key-copper-zinc-mine">Mining Milestone: Peru Gives Nod To Expansion Of Key Copper, Zinc Mine</a></em></p>
<p><em>Photo: Shutterstock</em></p>


Government

Regulations

Politics

Energy Transition Metals At Stake: Potential US Mining Law Update Pits Industry Against Environmentalists

<p>The mining sector market has historically been dominated by iron ore and coal. But as countries ramped up their urge to curb carbon emissions, the global energy transition gained unprecedented scale and speed. Global energy transition investment hit a <a href="https://elements.visualcapitalist.com/the-history-of-energy-transitions/">record of $755 billion</a> in 2021, spurred by global climate goals requiring net-zero emissions by 2050, and the same year, lithium prices surged 10-fold. S&amp;P Global Market Intelligence forecasts that lithium-ion battery capacity will reach 6.5 TWh by 2030, almost tripling current capacity. As energy transitions away from fossil fuels, there is presently a lack of suitable alternatives for lithium, a crucial component in the production of batteries and a key element of the advancement of clean energy technology.&nbsp;</p>
<p>As the demand for lithium-powered energy sources is expected to continue to increase in the upcoming decade, current governments are attempting to add measures to meet clean energy goals. The Canadian Natural Resource Minister announced in February 2024 plans are underway to make massive investments to meet the growing demand of the clean tech revolution as well as reduce regulatory approval and review processes in half.<a href="https://www.foremostlithium.com/"> <strong>Foremost Lithium</strong> <strong>Resource and Technology</strong></a> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fmst#NASDAQ">FMST</a>) ( CSE : FAT ) is a Canadian hard rock exploration company committed to being a premier supplier of future domestic North American lithium feedstock.&nbsp;</p>
<h2>A Perfect Storm</h2>
<p>Energy-transition metals were expected to breathe new life into the mining sector, however, since 2022, lithium prices have crashed back to earth with the unexpected slowdown of the electric vehicle market. Today&rsquo;s lithium market price volatility in part can be attributed to China which dominates the lithium-ion battery industry, controlling 80% of the battery cells worldwide. It solidified its lead in battery capacity a full decade ahead of other nations with Iarge-scale manufacturing capabilities, enabling the country to minimize costs as well as subsidize production in times of low demand. The North American markets are at a distinct disadvantage to the Chinese market and will require massive investments in natural resources, infrastructure and grid storage to be in a more competitive and stable landscape.&nbsp;</p>
<h2>The Biden Inflation Reduction Act</h2>
<p>The IRA Act of 2022 served as a catalyst for investments in the domestic electric vehicle battery arena. In fact, since this act was put into law, over $100 billion has been injected into the clean area market. However, in the United States, when you pull back the curtains in the mining space, the mine permitting process is a rigorous one. There is currently one lithium mine in the U.S., The Silver Peak Mine, in Clayton Valley Nevada. Mines are large-scale projects that demand extensive research and policies. As a result, mining projects can take 16 years or more to start production. In addition, environmental activists have adopted a &ldquo;<em>Not in my backyard</em>&rdquo; stance towards domestic mining. As a result, companies have often had to resort to litigation to make any progress in the permitting process.</p>
<h2>Canada &ndash; A Mining-Friendly Jurisdiction</h2>
<p>Canada announced <a href="https://www.newswire.ca/news-releases/government-of-canada-launches-1-5-billion-critical-minerals-infrastructure-fund-848014539.html">The Critical Minerals Infrastructure Fund (CMIF)</a>, which will provide up to $1.5 billion in federal funding for clean energy and transportation infrastructure projects necessary to enable the sustainable development and expansion of critical minerals in the country. Companies like Foremost Lithium will be able to apply for up to $20 million under Phase 1 of this program, which could provide the necessary funding to build the infrastructure needed at their lithium projects to facilitate the future extraction and transportation of its ore.</p>
<p>Foremost Lithium has over 43,000 acres located in the Snow Lake region of Manitoba Canada.&nbsp; This area has a rich mining history of over 100 years and hosts exploration and mining giants such as <strong>HudBay Minerals</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hbm#NYSE">HBM</a>) with a current market cap of around $2 billion, and <strong>Kinross Gold Corp</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kgc#NYSE">KGC</a>) with a current market cap of over $6.5 billion. Foremost announced that drilling will commence in Q1 of 2024 on the heels of a multi-year permit awarded from the Manitoba Mines Branch. This permit will enable the company to streamline administrative processes involved with future exploration and understand the potential long-term impacts of the property while minimizing any potential work disruptions in a safer, more cost-effective approach. Additional government support for the company came by way of the Manitoba Mineral Development Fund which has thus far totaled $675,000 towards Foremost&rsquo;s project to support mineral exploration and development.</p>
<h2>The Future&nbsp;&nbsp;</h2>
<p>The lithium market is still relatively small, at around only one-and-a-half-million tons annually, and is very young in comparison to iron ore at 3 billion tons or copper at 25 million tons. It is not traded actively in any great quantity on the commodity exchanges, which makes it challenging to assess inventories and thus prices accurately. Most sales of the commodity rely on term contracts which may not reflect current market demand/supply dynamics. Once the lithium market matures, it should stabilize, and then better pricing mechanisms can be placed.&nbsp; <a href="https://foremostlithium.com/">Foremost Lithium Resource &amp; Technology Ltd</a> is strategically located in the heart of North America with many upcoming catalysts, including a current drill program.&nbsp;&nbsp;</p>
<p>Today&rsquo;s climate in the lithium market may seem uncertain, but the energy transition is gaining global momentum, and what is certain is that tomorrow we will require more lithium. Foremost Lithium is striving to meet tomorrow&rsquo;s demand for the electrification revolution and be the source supplier of domestic lithium feedstock for future lithium-powered energy needs.</p>
<p>Featured photo from iStock.</p>
<p><em>This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.</em></p>


General

FMST

Why Foremost Lithium (NASDAQ: FMST) (CSE: FAT) Could Emerge A Frontrunner In Today's Global Electrification Transformation

<p>BMO Capital  analyst Jackie Przybylowski   reinstates Hudbay Minerals (TSX:<a class="ticker" href="https://www.benzinga.com/stock/HBM#TSX">HBM</a>) with a Outperform and lowers the price target from C$9.5 to C$8.5.</p>


Initiation

TSX:HBM

BMO Capital Reinstates Outperform on Hudbay Minerals, Lowers Price Target to C$8.5

Hudbay Minerals Reaffirms FY23 Production, Cash Cost And Sustaining Cash Cost For Peru And Manitoba Operations

Earnings Misses

Hudbay Minerals Q3 2023 Adj. EPS $0.07 Misses $0.10 Estimate, Revenue $480.5M Misses $519.170M Estimate

<p><strong>Hudbay Minerals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBM#NYSE">HBM</a>) is set to give its latest quarterly earnings report on Wednesday, 2023-11-08. Here's what investors need to know before the announcement.</p>
<p>Analysts estimate that Hudbay Minerals will report an <strong>earnings per share</strong> (EPS) of $0.14. </p>
<p>Hudbay Minerals bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Historical Earnings Performance</h3>
<p>Last quarter the company missed EPS by $0.13, which was followed by a 1.43% drop in the share price the next day.</p>
<p>Here's a look at Hudbay Minerals's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2023</strong></th>
<th><strong>Q1 2023</strong></th>
<th><strong>Q4 2022</strong></th>
<th><strong>Q3 2022</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.06</td>
<td>0.05</td>
<td>0.01</td>
<td>-0.06</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>-0.07</td>
<td>0</td>
<td>0.01</td>
<td>-0.05</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-1.43%</td>
<td>-2.26%</td>
<td>-3.53%</td>
<td>8.35%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2023/1699376516_0.png" alt="eps graph" /></p>
<h3>Stock Performance</h3>
<p>Shares of Hudbay Minerals were trading at $4.59 as of November 06. Over the last 52-week period, shares are down 9.86%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/HBM/earnings"><strong>To track all earnings releases for Hudbay Minerals visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Preview: Hudbay Minerals

Biggest stock movers today: MU, LI, MMM, and more

Hudbay Minerals (TSE:HBM) has released an update. Hudbay Minerals Inc. has announced a promising production outlook with a 16% increase in copper p...

Hudbay Minerals Reports Uplift in Production Outlook

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>While passive-income providers tend to be established large-capitalization enterprises, that&rsquo;s not always the case as these under-$10 <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> prove.</p>



<p>To be sure, nothing is for free on Wall Street. If you want cheap passive income, you can get exactly that but it will cost you; specifically, we&rsquo;re talking about higher-risk investments. Nevertheless, this profile also implies that &ndash; should the stars align just right &ndash; these companies can also facilitate robust capital gains.</p>



<p>It&rsquo;s your call. However, if you&rsquo;re the gambling type that also wants rewards that stem beyond active speculation, check out these under-$10 dividend stocks.</p>



<h2>Seanergy Maritime (SHIP)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/dividends_1600_kid-300x169.jpg" alt="A photo of a young boy wearing sunglasses, jeans, a blazer, a white shirt and suspenders holding money in various denominations in one hand and sitting in a plush chair."><div>Source: Dmitry Lobanov/Shutterstock.com</div></div><p>A shopping company, <strong>Seanergy Maritime</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ship-stock-quote/"><strong>SHIP</strong></a>) engages in the seaborne transportation of dry bulk commodities worldwide. Per its <a href="https://finance.yahoo.com/quote/SHIP/profile">public profile</a>, the company operates a fleet of 17 vessels. Because of the uncertainties of the global economy, it&rsquo;s a risky idea for under-$10 dividend stocks. Still, if conditions turn out more favorably than expected, SHIP could fly higher.</p>



<p>If historical performance is anything to go by, Seanergy is a name to watch. Throughout fiscal 2023, the shipping specialist beat Wall Street&rsquo;s consensus bottom-line targets. Its best performance came during the second quarter, when experts anticipated a loss per share of 5 cents. Instead, Seanergy posted earnings per share of 3 cents, leading to a 160% positive surprise.</p>



<p>For the current fiscal year, analysts are looking for EPS of $1.19 on revenue of $147.52 million. Last year, earnings landed at only 12 cents per share. Also, revenue sat at $110.23 million. While the forward annual dividend is only 1.19%, the upside potential makes SHIP stock quite intriguing.</p>



<h2>Crescent Point Energy (CPG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/11/dividends-1600-300x169.jpg" alt='stock market ticker screen with the word "dividends" appearing in large text. Must-Have Dividend Stocks. Dividend kings to own'><div>Source: iQoncept/shutterstock.com</div></div><p>Falling under the oil-and-gas exploration and production (upstream) segment of the hydrocarbon space, <strong>Crescent Point Energy</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/cpg-stock-quote/"><strong>CPG</strong></a>) operates fossil-fuel properties in Canada and the U.S. It focuses on crude oil, tight oil, natural gas liquids, shale gas and natural gas reserves. Fundamentally, I like CPG as one of the under-$10 dividend stocks due to geopolitical relevance.</p>



<p>Basically, Russia&rsquo;s military belligerence shows no sign of abating. Like it or not, that stands to be bullish for crude oil. To be fair, it&rsquo;s true that Crescent&rsquo;s earnings performance in fiscal 2023 was all over the place. Yes, it had a great quarter in Q4. Overall, though, the average surprise in the last four quarters came out to 19% <em>below</em> breakeven.</p>



<p>Still, analysts are looking for tremendous growth in fiscal 2024, anticipating sales of $3.18 billion. That would be 35% above last year&rsquo;s tally of $2.36 billion. Combined with Crescent&rsquo;s forward yield of 4.16%, CPG makes for one of the top under-$10 dividend stocks to consider.</p>



<h2>Hudbay Minerals (HBM)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/01/monthly-dividends-300x169.jpg" alt="A hand reaches out of a mailbox holding a wad of cash."><div>Source: Shutterstock</div></div><p>Operating under the basic materials ecosystem, <strong>Hudbay Minerals</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/hbm-stock-quote/"><strong>HBM</strong></a>) is a diversified mining company. It focuses on the exploration, development, operation and optimization of properties in North and South America. Predominantly, it specializes in copper concentrates that contain gold, silver and molybdenum. Should inflation be worse than expected, HBM could offer a nice little hedging play.</p>



<p>To be fair, Hudbay presents a high-risk opportunity among under-$10 dividend stocks. In fiscal 2023, the company&rsquo;s quarterly surprise came out to nearly 76% below breakeven. That&rsquo;s not great. However, there has been improvement. In Q3, the negative surprise was &ldquo;only&rdquo; 30%. In Q4, Hudboy posted EPS of 20 cents against an expected target of 12 cents per share.</p>



<p>For fiscal 2024, experts believe that EPS will land at 38 cents on sales of $1.91 billion. In contrast, last year&rsquo;s print was earnings of 23 cents per share on sales of $1.69 billion. While the forward yield of 0.21% is tiny, HBM might make up for it with strong capital gains potential.<span><a href="https://investorplace.com/cryptocurrency//"></a></span></p>



<h2>VAALCO Energy (EGY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-payment-300x169.jpg" alt='sheet of paper marked "dividends" with a $20 bill on top of it to represent dividend stocks'><div>Source: Shutterstock</div></div><p>Also falling under the upstream segment of the hydrocarbon industry, <strong>VAALCO Energy</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/egy-stock-quote/"><strong>EGY</strong></a>) is an independent energy company. It engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. Again, geopolitical dynamics should favor EGY. Therefore, it&rsquo;s one of the intriguing ideas for under-$10 dividend stocks.</p>



<p>Also, on the domestic front, the Biden administration can&rsquo;t afford to be too aggressive against the hydrocarbon sector. Oil workers vote too, after all. So, with that context in mind, I&rsquo;m not too worried about Vaalco&rsquo;s poor fiscal performance in 2023. Yes, the average surprise between Q1 through Q3 came out to 43.4% below breakeven. However, in Q4, the company posted EPS of 37 cents against an expected print of 12 cents per share.</p>



<p>For the current fiscal year, analysts are admittedly hesitant,&nbsp; believing that sales will land at $430.27 million. That&rsquo;s 5.4% below last year&rsquo;s print of $455.07 million. However, the high-side target of $484.3 million seems likely based on the aforementioned dynamics. EGY offers a forward yield of 3.64%.</p>



<h2>TransAlta (TAC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-moneybag-300x169.jpg" alt="image of hands holding small money bag symbolizing dividend stocks"><div>Source: Shutterstock</div></div><p>Conducting business under the utilities umbrella, <strong>TransAlta</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/tac-stock-quote/"><strong>TAC</strong></a>) engages in the development, production and sale of electric energy. It operates through the following segments: Hydro, Wind and Solar, Gas, Energy Transition and Energy Marketing. In addition, the company features battery storage facilities. Because energy effectively enjoys permanent relevance, TAC presents an interesting idea for under-$10 dividend stocks.</p>



<p>However, TAC stock has been incredibly volatile so prospective investors must be aware of this dynamic. The idea here is to wager that the worst is over &ndash; that&rsquo;s always tricky. Some good news is that between Q1 through Q3, TransAlta&rsquo;s average positive earnings surprise came out to 206.33%. That&rsquo;s mighty impressive. What&rsquo;s not so encouraging, though, is that in Q4, the company posted a loss of 20 cents against an expected EPS target of 14 cents.</p>



<p>What&rsquo;s really hurting TAC is that analysts only see revenue reaching $1.99 billion for the current fiscal year, which would be down about 20% from last year&rsquo;s sales. However, with a trailing-year multiple of 3.75X and a forward yield of 2.74%, TAC could be undervalued.</p>



<h2>Centerra Gold (CGAU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-jar-300x169.jpg" alt='Glass jar of coins marked "dividends" to represent dividend stocks. dividend stocks for passive income'><div>Source: Shutterstock</div></div><p>Operating under the basic materials sector, <strong>Centerra Gold</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/cgau-stock-quote/"><strong>CGAU</strong></a>) focuses on its namesake commodity. Specifically, it engages in the acquisition, exploration, development and operation of gold and copper properties in North America, Turkey and internationally. As stated earlier, inflation could possibly run hotter than experts predict. If so, CGAU could be a relevant hedging prospect.</p>



<p>Other than that, CGAU makes for a risky idea among under-$10 dividend stocks. It&rsquo;s also quite enticing. Yes, the earnings performance has been all over the place. In Q1 2023, Centerra posted a loss of 24 cents, worse than the expected loss of 4 cents. However, from Q2 onward, the average quarterly surprise came out to 12.33%. That&rsquo;s a notable improvement.</p>



<p>For the current fiscal year, analysts project EPS to hit 40 cents on revenue of $1.14 billion. That&rsquo;s also a solid improvement over last year&rsquo;s EPS of 5 cents on sales of $1.09 billion. Lastly, Centerra offers a forward yield of 3.58%, making it an attractive idea for under-$10 dividend stocks.</p>



<h2>Sandstorm Gold (SAND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividend-stocks-300x169.jpg" alt='a bag on a table with the word "dividends" on it. represent dividend stocks of all time.'><div>Source: Shutterstock</div></div><p>Finally, we&rsquo;ll end this list of under-$10 dividend stocks with another precious metal play. <strong>Sandstorm Gold</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/sand-stock-quote/"><strong>SAND</strong></a>) operates as a gold royalty company. Per its <a href="https://finance.yahoo.com/quote/SAND/profile">public profile</a>, it focuses on acquiring royalties and gold and other metals purchase agreements from companies that have advanced-stage operating mines. It offers upfront payments for companies to acquire a stream and receives the right to purchase a percentage of a mine&rsquo;s production for the life of the mine.</p>



<p>Fundamentally, royalty companies benefit from better pricing predictability. Basically, with the upfront royalty terms, investors understand what they&rsquo;re signing up for. In contrast, pure-play exploration firms are generally more volatile and unpredictable. That said, Sandstorm&rsquo;s quarterly performance wavered substantially in 2023. However, it ended the year positively, with a Q4 earnings surprise of 300%.</p>



<p>For fiscal 2024, experts believe that EPS will land at 7 cents on revenue of $168.68 million. That&rsquo;s disappointing compared to last year&rsquo;s print of 18 cents on sales of $179.64 million. However, the high-side estimate calls for $188 million on the top line. With a forward yield of 1.15%, SAND could be a surprising speculative idea.</p>



<p><em>On the date of publication, Josh Enomoto</em><em> did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;</em><em>The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em><em></em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/04/7-under-10-dividend-stocks-put-on-your-radar-in-april/">7 Under-$10 Dividend Stocks Put on Your Radar in April</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Under-$10 Dividend Stocks Put on Your Radar in April

Gold scores another record high as Mideast tensions stir bullish sentiment

In a report released on April 2, Sam Crittenden from RBC Capital maintained a Buy rating on Hudbay Minerals (HBM – Research Report), with a price t...

Hudbay Minerals (HBM) Receives a Buy from RBC Capital

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Bank of America recently issued a stark warning that a copper crisis may be imminent after copper prices jumped to a 14-month high on Monday. What do you need to know about copper lately?</p>



<p>Well, according to some analysts, the metal may be on the way to a supply crisis resulting from increased use in the electric vehicle (EV) and renewable energy spaces, paired with insufficient mining practices. </p>



<p>BofA metal strategists led by <a href="https://www.marketwatch.com/story/bank-of-america-says-the-copper-supply-crisis-is-here-138853d2?mod=u.s.-economic-calendar">Michael Widmer</a> believe this could push copper prices up to $10,250 per ton:</p>




<p>&ldquo;The much-discussed lack of mine projects is becoming an increasing issue for copper. This, along with investment in green technologies and a rebound of the global economy, should lift prices to US$10,250/t (465c/lb) by the fourth quarter.&rdquo;</p>




<p>With copper currently sitting at around $9,281 per ton, this implies the metal has the potential to rise more than 10%. Further, copper prices are expected to rise to more than $12,000 per ton in 2026, reflecting roughly 30% upside. </p>



<p>BofA has also <a href="https://markets.businessinsider.com/news/stocks/bank-of-america-sees-gold-at-3-000-warns-of-a-copper-supply-crisis-metals-dance-to-their-own-tune-1033234049">upgraded</a> its ratings for copper makers <strong>Freeport-McMoran </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/fcx-stock-quote/"><strong>FCX</strong></a>) and <strong>Hudbay Minerals</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/hbm-stock-quote/"><strong>HBM</strong></a>) to &ldquo;buy&rdquo; from &ldquo;neutral.&rdquo; That&rsquo;s a further indication of the metal&rsquo;s expected rally. </p>



<p>Widmer referred to copper as the &ldquo;epicentre of the energy transition,&rdquo; perhaps reasonably so. While new developments in EV technology have required less copper, other sectors remain dependent on the metal. Chiefly, copper is essential for its uses in the electricity network and in data center cabling.</p>



<h2>Is a Copper Crisis on the Way?</h2>



<p>The current state of copper production is marred with inefficiencies. China, which <a href="https://www.mining.com/web/copper-hits-fresh-14-month-high-on-supply-fears-china-optimism/">produces more than half</a> of the world&rsquo;s refined copper, has struggled with mining disruptions forcing some smelters to pay highly elevated prices to purchase the mined ore. China plants are currently considering output cuts as a means of combatting the practice. </p>



<p>&ldquo;Tight copper mine supply is increasingly constraining refined production: the much-discussed lack of mine projects is finally starting to bite,&rdquo; Widmer noted.</p>



<p><em>On the date of publication, Shrey Dua did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a></em>.</p>
<div><p>With degrees in economics and journalism, Shrey Dua leverages his ample experience in media and reporting to contribute well-informed articles covering everything from financial regulation and the electric vehicle industry to the housing market and monetary policy. Shrey&rsquo;s articles have featured in the likes of Morning Brew, Real Clear Markets, the Downline Podcast, and more.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	<p>The post <a href="https://investorplace.com/2024/04/copper-crisis-alert-is-a-supply-crisis-coming-as-copper-prices-hit-record-highs/">Copper Crisis Alert: Is a Supply Crisis Coming as Copper Prices Hit Record Highs?</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Copper Crisis Alert: Is a Supply Crisis Coming as Copper Prices Hit Record Highs?

Hudbay raised to Buy at BofA on upbeat copper supply/demand production outlook

Hudbay Minerals (TSE:HBM) has released an update. Hudbay Minerals Inc. has announced its annual and special meeting of shareholders to be held virt...

Hudbay Minerals Schedules 2024 Virtual Shareholders Meeting

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Copper prices now sit at their highest level in about two years, which has catapulted copper stocks to higher highs. All thanks to supply issues.&nbsp;<a href="https://www.mining.com/web/copper-price-jumps-to-new-14-month-high-on-supply-risks-demand-hopes/">According<em> </em>to<em> Mining.com</em></a>, </p>




<p>&ldquo;Disruptions at major mines have left smelters paying historically steep prices to get hold of mined ore, and Chinese plants &mdash; which produce more than half of the world&rsquo;s refined copper &mdash; are moving closer to implementing a joint output cut in response. At the same time, tentative signs of a return to growth in the global manufacturing sector are raising hopes that tightening market conditions could help power copper to new records.&rdquo;</p>




<p>Analysts over at&nbsp;<a href="https://www.nbcconnecticut.com/news/business/money-report/copper-prices-climb-to-2024-high-as-citi-calls-the-start-of-the-metals-second-bull-market-this-century/3262354/#:~:text=Citi%20said%20on%20Monday%20that,the%20bank's%20base%2Dcase%20scenario."><strong>Citi </strong>say copper prices</a>&nbsp;could run even higher, averaging about $10,000 per metric ton this year.&nbsp;<a href="https://www.investing.com/news/stock-market-news/rally-in-copper-price-just-the-beginning-says-ubs-432SI-3343710">UBS analysts also say the rally is just the beginning,</a>&nbsp;noting that copper is undersupplied and that investors should stay long the metal. The firm also believes demand will expand by over 3% this year, which could push copper prices to $10,500 per metric ton.</p>



<p>While some of the top copper stocks have already exploded higher, most could see higher highs. All on severe supply-demand issues that don&rsquo;t look to cool off any time soon. That being said, here are three top copper stocks to buy and hold today.</p>



<h2><strong>Freeport-McMoRan (FCX)</strong></h2>



<a href="https://investorplace.com/wp-content/uploads/2024/04/freeport-mcmoran-fcx.png"><img width="300" height="200" src="https://investorplace.com/wp-content/uploads/2024/04/freeport-mcmoran-fcx-300x200.png" alt="Stocks to Buy as Copper Prices Skyrocket"></a><p>Over the last few weeks, shares of&nbsp;<strong>Freeport-McMoRan</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/fcx-stock-quote/"><strong>FCX</strong></a>) exploded from a low of about $36 to a high of $52. While it is a bit overbought here, it&rsquo;s still a strong buy opportunity. Until we start to see the supply-demand situation cool off, FCX should remain strong.</p>



<p>Helping, analysts at&nbsp;<a href="https://www.cnbc.com/2024/04/09/gold-copper-silver-market-outlook-bullion-stock-picks-commodities-news.html"><strong>Bank of America</strong> recently upgraded FCX to a buy rating</a>, with a price target of $59 a share. The firm cited FCX&rsquo;s copper leverage, rising free cash flow, and material gold revenue as reasons for the upgrade. Analysts at&nbsp;<a href="https://www.marketbeat.com/instant-alerts/nyse-fcx-boost-price-target-2024-04-09/"><strong>Scotiabank</strong> also raised their price target on the copper stock to $55</a>&nbsp;from $49 with an outperform rating. Even&nbsp;<a href="https://markets.businessinsider.com/news/stocks/freeport-mcmoran-fcx-receives-a-hold-from-rbc-capital-1033220919"><strong>RBC Capital</strong></a>, which has a hold rating on the stock, says the stock could hit $55 a share.</p>



<p>The copper company is also paying out dividend of 15 cents on May 1 to shareholders of record as of April 15. Earnings have been solid, too. In its fourth quarter, the company&rsquo;s earnings per share came in at 27 cents, which beat by four cents. Revenue of $5.91 billion &ndash; up 2.6% year over year &ndash; beat by $30 million.</p>



<h2><strong>Hudbay Minerals (HBM)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/stocks-to-buy-2-300x169.jpg" alt="BUY spelled out on a computer keyboard representing stocks to buy"><div>Source: Shutterstock</div></div><p>Another one of the top copper stocks to buy is&nbsp;<strong>Hudbay Minerals</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/hbm-stock-quote/"><strong>HBM</strong></a>), which ran from about $4 to a high of $8 since November 2023. From here, with copper prices gaining momentum, I&rsquo;d like to see HBM closer to $9.50. While it&rsquo;s also a bit over-extended, it could also see higher highs on copper supply-demand issues.</p>



<p>Bank of America analysts like HBM, as well. The firm just upgraded it to a buy rating with a price target of $9. They also cited, &ldquo;robust near-term free cash flow, a smoothed longer-term copper production profile after&nbsp;the Copper Mountain acquisition, debt deleveraging, material gold revenue &ndash; 27% of the company total &ndash; and an attractive valuation,&rdquo;&nbsp;<a href="https://seekingalpha.com/news/4088311-hudbay-raised-to-buy-at-bofa-on-upbeat-copper-supplydemand-production-outlook">as noted by <em>Seeking Alpha</em>.</a></p>



<p>Earnings have been solid here, too. In its fourth quarter, EPS of 20 cents beat by six cents. Revenue of $602.2 million &ndash; up 87.5% year over year &ndash; beat by $57.63 million. Its cash position also increased to $249.8 million thanks to stronger operating cash flow, which allowed it to also cut $94.5 million of net debt.</p>



<h2><strong>Global X Copper Miners ETF (COPX)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/10/stocks-to-buy-1600-300x169.jpg" alt="Stocks to buy: smartphone with the words &quot;buy&quot; and &quot;sell&quot; displayed on the screen. The user's finger is about to press buy. Stock charts are in the background of the image. Momentum Stocks. S&amp;P 600 Stocks to Buy. breakthrough stocks. Mario Gabbeli stocks"><div>Source: Chompoo Suriyo / Shutterstock.com</div></div><p>Or, if you want to diversify with 37 top copper names at a low cost, there&rsquo;s the&nbsp;<strong>Global X Copper Miners ETF</strong>&nbsp;(NYSEARCA:<a href="https://investorplace.com/stock-quotes/copx-stock-quote/"><strong>COPX</strong></a>). With an expense ratio of 0.65%, the ETF provides results that correspond to the Solactive Global Copper Miners Total Return Index.</p>



<p>Fueling upside,<strong> &ldquo;</strong>Forecasts suggest copper consumption will reach 43mm metric tonnes by 2050, up from 26mm in 2022.&nbsp;However, supply may not keep up with rising demand, and such an imbalance could support copper prices and present opportunities for miners,&rdquo;&nbsp;<a href="https://www.globalxetfs.com/funds/copx/">as noted by Global X ETFs</a>. Top holdings of the COPX ETF include <strong>Freeport-McMoRan</strong>,&nbsp;<strong>Lundin Mining</strong>&nbsp;(OTCMKTS:<a href="https://investorplace.com/stock-quotes/lunmf-stock-quote/"><strong>LUNMF</strong></a>),&nbsp;<strong>Ivanhoe Mines</strong>&nbsp;(OTCMKTS:<a href="https://investorplace.com/stock-quotes/ivpaf-stock-quote/"><strong>IVPAF</strong></a>),&nbsp;<strong>Southern Copper</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/scco-stock-quote/"><strong>SCCO</strong></a>), and&nbsp;<strong>Teck Resources</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/teck-stock-quote/"><strong>TECK</strong></a>) to name a few.</p>



<p>One of the best reasons to own an ETF like the COPX is that it allows you to safely diversify with some of the leading copper names in the world. All for less than $46 share at the moment.</p>



<p><em>On the date of publication, Ian Cooper&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/04/the-next-commodity-supercycle-3-top-copper-stocks-to-buy-now/">The Next Commodity Supercycle? 3 Top Copper Stocks to Buy Now</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

The Next Commodity Supercycle? 3 Top Copper Stocks to Buy Now

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Hudbay Minerals (HBM – Research Report) and Lundin ...