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Fly News Breaks for May 10, 2019
HBM
May 10, 2019 | 05:59 EDT
BMO Capital analyst Jackie Przybylowski downgraded Hudbay Minerals to Market Perform from Outperform saying the company is entering a "naturally relatively slow period" in its news flow. Hudbay is entering a higher period of capital spending with the permitting and expected sanction of Rosemont for construction in 2020, Przybylowski tells investors in a research note. As such, she sees fewer near-term catalysts for the shares. The analyst has a C$10.75 price target for the stock.
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