Hudbay returns to Q2 profit

August 4, 2017

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JOHANNESBURG (miningweekly.com) – Canadian precious metals and base metals miner Hudbay Minerals achieved a net profit of $25.6-million and earnings a share of $0.11 for the three months ended June 30, compared with a net loss of $5.7-million and a loss a share of $0.02 in the second quarter of 2016. For the quarter, operating cash flow before change in noncash working capital increased to $124.1-million from $80.6-million during the first quarter and $69.5-million in the second quarter of 2016.

Category: General