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Fly News Breaks for January 9, 2019
HBM
Jan 9, 2019 | 08:26 EDT
As reported earlier, BMO Capital analyst Jackie Przybylowski initiated Hudbay Minerals with an Outperform rating and a price target of $10.25. The analyst disagrees with the perception of the stock being a "value trap" given the "significant strides" the company made toward building confidence in its corporate strategy. Przybylowski also states that Hudbay Minerals is "well-positioned to fund the Rosemont construction when it begins given its well-timed equity raise in 2017 and low debt."
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