Hudbay Minerals Inc operates in the Copper ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hudbay Minerals Inc with three other
companies in this sector in CANADA :
Lundin Mining Corp
(2020
sales of 2.73 billion Canadian Dollars [US$2.15 billion]
of which 43%
was candelaria),
Turquoise Hill Resources Limited
(1.44 billion Canadian Dollars [US$1.14 billion]
of which 100%
was Oyu Tolgoi / Development), and
China Gold International Resources Corp Ltd
(1.16 billion Canadian Dollars [US$911.83 million]
of which 70%
was Mine - Produced Copper).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Hudbay Minerals Inc totalled
C$495.13 million.
This is
an increase of 72.2%
from the C$287.50 million in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the second
quarter of 2016.
During the first two
quarters of 2021, sales totalled C$893.20 million, which is
44.1% higher
than through the first two quarters of 2020.
Hudbay Minerals Inc reported sales of C$3.65 billion (US$2.87 billion)
for the
year ending
December of 2020.
This
represents
an
increase of 122.8%
versus 2019, when the company's sales were C$1.64 billion.
Sales of Manitoba saw an increase
of
16.0% in 2020, from
C$711.11 million to C$824.55 million.
Not all segments of Hudbay Minerals Inc experienced an increase in sales in 2020:
sales of Peru fell 31.1% to C$638.43 million.