Barclays Initiates Coverage on Hudbay Minerals with Overweight Rating
On May 21, 2026, Barclays analyst Richard Garchitorena initiated coverage of Hudbay Minerals (NYSE:HBM) with an Overweight rating and a $30 price target. The firm cited strong demand for copper, rare earths, and uranium due to transformative technologies and trade barriers. Recent Q1 results showed record revenue and production figures.
Topics: Copper Gold Investment Analysis Mining