Is HudBay Minerals (HBM) a Great Investment Pick?

Group 1 - L1 Long Short Fund's portfolio generated a return of 12.2% for Q2 2025, outperforming the ASX200 Accumulation Index which advanced 9.5% [1] - Over the past five years, the portfolio has delivered a compound annual return of 21.0%, significantly ahead of the ASX200AI's 11.8% per annum [1] - The fund's consistent outperformance reflects its disciplined long/short investment approach and ability to navigate dynamic market conditions [1] Group 2 - HudBay Minerals Inc. (NYSE:HBM) operates as a diversified mining company focusing on properties in North and South America [3] - HudBay Minerals Inc. shares rose by 20.47% over the past month and gained 60.49% over the last 12 months, closing at $14.21 with a market capitalization of $5.617 billion on September 22, 2025 [3][4] - The company's shares rallied over the quarter driven by rising copper and gold prices (+3.8% and +5.5%, respectively) and strong Q1 2025 results, exceeding consensus expectations [4] - HudBay's Q1 2025 EBITDA beat consensus expectations by approximately 35% due to robust operating performance and higher-than-expected gold production from its Manitoba asset [4]