Hudbay Minerals Inc.

Micron Technology, Inc. retains a Buy rating, but my conviction is lower after a 143% rally and limited upside to my $873 base case. MU's earnings growth outpaced expectations, driven more by conventional DRAM and NAND pricing than HBM, with DRAM revenue reaching $39.8B and NAND $14.1B in Q4. MU's HBM4 allocation at Nvidia is smaller than hoped, but strategic customer agreements now cover over 75% of FY2027 shipments, providing demand visibility.

TORONTO, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “Company”) ( TSX, NYSE: HBM) today announced that, further to the Company's news release dated September 28, 2026, the Company has filed a National Instrument 43-101 technical report for its Snow Lake operations in Manitoba (the “2026 Technical Report”).

HudBay Minerals (HBM) concluded the recent trading session at $20.58, signifying a -7.38% move from its prior day's close.

HudBay Minerals (HBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.