GMT Capital buying at Hudbay Minerals (HBM)

GMT Capital buying at Hudbay Minerals (T:HBM)

GMT Capital Corp, a 10% Holder, acquired 80,100 Common Shares on an indirect ownership basis for registered holder Bay II Resource Partners LP, 106,200 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners LP, 160,800 Common Shares on an indirect ownership basis for registered holder Bay Resource Partners Offshore Master Fund LP, 2,900 Common Shares on an indirect ownership basis for registered holder K2 Bay Resource Partners Master Fund Ltd., and 17,000 Common Shares on an indirect ownership basis for registered holder Thomas Claugus, all at a price of $5.420USD on December 3rd, 2018. This represents a $2,623,875 investment into the company's shares and an account share holdings change of 1.2%.

Hudbay Minerals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Hudbay Minerals Inc is a Canada-based mining company. The Company is engaged in the production of copper concentrate, consisting of copper, gold and silver, as well as zinc metal. The Company is focused on the discovery, production and marketing of base and precious metals. The Company has assets in North and South America. Through its subsidiaries, the Company owns approximately four polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), as well as a copper project in Arizona (the United States). The Company owns Constancia mine, an open pit copper mine in Peru. It owns 777 mine, an underground copper, zinc, gold and silver mine in Flin Flon, Manitoba. It owns Lalor mine, an underground zinc, copper and gold mine near Snow Lake, Manitoba. It also owns Rosemont project, a copper development project in Pima County, Arizona, in the United States. Hudbay Minerals Inc. (HBM) has a high amount of executive buying compared to its mid-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has invested a total amount of $2,623,875.