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.

By Jeff Lewis Sun, May 31, 2026 at 11:59 AM GMT+3 2 min read · Yahoo Finance ·

Barclays Initiates Coverage on Hudbay Minerals with Overweight Rating

Tickers: $BARC $HBM

Topics: Copper Gold Investment Analysis Mining

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