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Message: HudBay Minerals reports 4Q loss

 

Associated PressFebruary 22, 2017

TORONTO (AP) _ HudBay Minerals Inc. (HBM) on Wednesday reported a loss of $47.3 million in its fourth quarter.

The Toronto-based company said it had a loss of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 9 cents per share.

The mining company posted revenue of $316.7 million in the period.

For the year, the company reported that its loss narrowed to $35.2 million, or 15 cents per share. Revenue was reported as $1.13 billion.

HudBay Minerals shares have risen 46 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.30, more than tripling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBM at https://www.zacks.com/ap/HBM

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Keywords: HudBay Minerals, Earnings Report

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