🟢 Hudbay Minerals is trading 4.1% up today as copper firms on restocking and supply concerns

Hudbay Minerals is trading at $26.42, up 4.06%, as copper-sector strength explains the rebound.

• Copper rose on renewed Chinese restocking expectations and supply worries from a strike at Chile’s Centinela mine; LME copper was up about 1% and near record levels.
• RBC named Hudbay a preferred copper equity, while UBS maintained Buy and raised its target; early trading was light in volume.
• No new company-specific announcement was identified for October 9.