Tuesday, July 11, 2017

Hudbay Minerals - HBM.t

Hudbay Minerals- HBM.t is a Canadian integrated mining company with operations, development properties and exploration activities across the Americas. The company has operations in Manitoba and Peru.

On July 27, 2016 the Media released News

The Globe and Mail reports in its Tuesday, July 11, edition that if Bank of Canada Governor Stephen Poloz raises interest rates on Wednesday, it may be time to load up on potash, copper and gold stocks. The Globe's Kristine Owram writes that a review of equity performances following BOC tightening cycles over the past dozen years shows that materials stocks including Hudbay Minerals, Agnico Eagle Mines, Alamos Gold and Guyana Goldfields significantly outperform. Over five periods of higher interest rates, including 2010, 2007 and an extended eight-month cycle in 2005 and 2006, the S&P/ TSX materials index has returned an average of 9.7 per cent in the three months following a rate hike.