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Stock Market & Financial Investment News

News Breaks
February 9, 2014
20:24 EDTHBMHudbay Minerals to make offer to acquire Augusta Resource Corporation
HudBay Minerals announced that it intends to commence an offer to acquire all of the issued and outstanding common shares of Augusta Resource Corporation not already owned by Hudbay. Under the terms of the Offer, Augusta shareholders will be entitled to receive 0.315 of a Hudbay common share for each Augusta common share held, representing approximately C$2.96 per Augusta common share. The Offer represents a premium of 62% to Augusta's 20-day volume-weighted average price on the TSX for the period ending February 7, and a premium of 18% to Augusta's closing share price on the TSX on February 7 in addition to Augusta's 26% share price increase during the two trading days preceding the Offer. The Offer values Augusta at an enterprise value of approximately C$540M on a fully diluted in-the-money basis.
News For HBM From The Last 14 Days
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May 11, 2015
09:59 EDTHBMOn The Fly: Analyst Downgrade Summary
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07:23 EDTHBMBofA/Merrill to hold a conference
Global Metals, Mining & Steel Conference is being held in Barcelona, Spain on May 11-14.
06:19 EDTHBMHudbay Minerals downgraded to Hold from Buy at Canaccord
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