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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (99067)3/9/2021 3:58:10 PM
From: Goose94Read Replies (1) of 202402
 
Hudbay Minerals (HBM-T) top pick from Michael Sprung on BNN.ca Market Call Tues Mar 9th @ 1200ET

Hudbay's flagship mine, Constancia, is performing well and the satellite pit at Pampacancha will ramp up production. Gold and zinc production in Manitoba will contribute to HudBay's growth in the near term. Longer term, permitting at the copper project Rosemont in Arizona would be a catalyst for an upward valuation in the stock price. The company has just refinanced $600 million in senior debt at 4.5 per cent, down from 7.625 per cent. While 2021 will be a year of continued investment, the benefits will accrue as economic activity advances.
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