Canaccord Maintains Buy Rating on Hudbay Minerals (HBM) Despite Lowered Price Target
On May 4, 2026, Canaccord lowered its price target for Hudbay Minerals Inc. to C$40 from C$41 but maintained a 'Buy' rating following the company's Q1 results. The firm reported strong performance with adjusted EPS of $0.40 and revenue exceeding expectations.
Tickers: $HBM
Topics: Copper Production Earnings Gold Production Investment Rating Mining