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Micron Technology, Inc. (NASDAQ: MU ) reported fiscal Q4 earnings after the close Wednesday to a positive reception, as the stock is up around 12% after hours. The company beat estimates on To follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my inaugural published piece during my first year of college. I have ...

Core Viewpoint - Hudbay Minerals has received the Aquifer Protection Permit for its Copper World project, marking a significant step towards construction and leading to a 4% increase in stock price [1]. Group 1: Project Overview - The Copper World project is expected to have an annual copper production capacity of 85,000 tons over a 20-year mine life, which will increase Hudbay's consolidated annual copper production by over 50% [2]. - The project includes seven deposits discovered in 2021 and is one of the highest-grade open pit copper projects in the Americas, with proven and probable mineral reserves of 385 million tons at 0.54% copper [7]. Group 2: Permitting and Future Actions - Hudbay has secured two key state permits for the Copper World project: the Mined Land Reclamation Plan and the Aquifer Protection Permit, with the latter following a detailed analysis and public comment period [3]. - The last key state-level permit, the Air Quality Permit, is currently in progress, with a public comment period expected to conclude in September 2024 [4]. - The company plans to commence feasibility studies for Copper World, with growth capital spending in Arizona projected to increase by an additional $25 million in 2024 [5]. Group 3: Economic Impact - Once operational, Copper World is expected to create over 400 direct jobs and up to 3,000 indirect jobs in Arizona, contributing significantly to the U.S. domestic copper supply chain [8]. - The estimated total initial funding requirement for Phase I of Copper World is around $1.1 billion [9]. Group 4: Stock Performance - Hudbay Minerals' stock has risen 63.2% over the past year, contrasting with a 6.2% decline in the industry [10].

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, NYSE: HBM) is pleased to announce that it has received an Aquifer Protection Permit for the Copper World project ("Copper World") from the Arizona Department of Environmental Quality ("ADEQ"). The company proactively engaged with the ADEQ, ensuring a transparent and thorough permitting process by providing comprehensive and detailed information. The issuance of this permit is a key milestone in the advancement ...

l 100 Print r Monty Rakusen Applied Materials (NASDAQ:AMAT) sells equipment, services and software to the semiconductor and display markets. I think the company is well positioned in the overall semiconductor equipment market, particularly in capturing the growth in HBM, DRAM and advanced packaging. The energy-efficient computing could potentially serve as a long-term growth tailwind for Applied Materials, in my view. I am initiating a 'Buy' rating with a one-year price target of $220 per share. High-bandwi ...

Management's Discussion and Analysis of Results of Operations and Financial Condition For the three and six months ended June 30, 2024 August 12, 2024 TABLE OF CONTENTS Pag e INTRODUCTION This Management's Discussion and Analysis ("MD&A") dated August 12, 2024 is intended to supplement Hudbay Minerals Inc.'s unaudited condensed consolidated interim financial statements and related notes for the three and six months ended June 30, 2024 and 2023 (the "consolidated interim financial statements"). The consolida ...

For the quarter ended June 2024, HudBay Minerals (HBM) reported revenue of $425.52 million, up 36.3% over the same period last year. EPS came in at $0.00, compared to -$0.07 in the year-ago quarter. The reported revenue represents a surprise of -7.57% over the Zacks Consensus Estimate of $460.38 million. With the consensus EPS estimate being $0.06, the EPS surprise was -100.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

HudBay Minerals (HBM) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to loss of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this mining company would post earnings of $0.03 per share when it actually produced earnings of $0.16, delivering a surprise of 433.33%. Over the last four quarters, the company has surpasse ...

TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "company") (TSX, NYSE: HBM) today released its second quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. "The continued execution of our operational plans in the second quarter has positioned us well to achieve our 2024 production guidance, and our exposure to gol ...

In the latest trading session, HudBay Minerals (HBM) closed at $7.27, marking a +1.54% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.47%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.51%. Shares of the mining company witnessed a loss of 21.92% over the previous month, trailing the performance of the Basic Materials sector with its loss of 3.94% and the S&P 500's loss of 4.45%. The investment community will be paying close a ...