Hudbay Minerals Inc. (HBM:CA) — Raymond James raised its price target to C$43.00 from C$42.00. The target change represents a 2.4% increase. Hudbay is a copper-focused mining company with meaningful gold production and a pipeline of growth projects. Looking ahead, investors will be watching production delivery, operating margins and project execution. Copper and gold prices, capital requirements and debt management will determine how effectively the company converts its asset base into shareholder value.
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