Hudbay Minerals (HBM) Misses Q2 EPS by 9c

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Hudbay Announces Second Quarter 2018 Results

July 31, 2018 5:10 PM EDT

TORONTO, July 31, 2018 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX: HBM) (NYSE: HBM) today released its second quarter 2018 financial results. All amounts are in U.S. dollars, unless otherwise noted.

Summary:

Net profit and earnings per share in the second quarter of 2018 were $25 million and $0.09, respectively, compared to a net profit and earnings per share of $19 million and $0.08, respectively, in the second quarter of 2017Operating cash flow1 of $132 million in the second quarter of 2018, a 6% increase... More