November 1, 2018 / 6:33 PM / 5 months ago

BUZZ-Hudbay Minerals Inc: Shares up on deal to buy Mason Resources

** U.S.-listed shares of Canadian miner surge ~23 pct to $4.82; one of the top pct gainers on NYSE

** Canadian-listed shares up ~22 pct at C$6.28

** Co, which reported Q3 results, registered 7 pct rise in copper production in Peru

** Reports rise in quarterly sales volumes of precious metals and zinc

** Also, Hudbay to buy remaining 86 pct stake in Mason Resources Corp

** Co offers $0.40 in cash/shr; deal values Mason at $31 mln; helps gain access to a copper deposit in Nevada

** Despite Thursday’s gains, HBM.TO has fallen ~44 pct, while HBM.N has fallen ~45 pct this year (Reporting by Shanti S Nair in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below