{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NYSE/HBM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Hudbay Minerals Inc. (NYSE: HBM) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nHudbay Minerals Inc. is listed on NYSE under the ticker HBM. Its ISIN is US4436281020. Its LEI is not on the record (no GLEIF record with the exact legal name in jurisdiction US). Its security type is non-operating entity type (other) and its sector is 1000 Metal Mining. Its segment and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 39 filings across 34 filing days in the window 2025-11-08 to 2026-11-08. Of these, 1 is a prospectus, 17 are regulatory filings and 21 are results. The median gap between filing days is 8 days. The latest filing is dated 2026-10-30 and is of type results, 9 days before the record date of 2026-11-08. The NYSE median is 64.0 filings, a median cadence gap of 6.0 days and a median latency of 4.0 days across 3256 issuers. The 1000 Metal Mining median is 46.0 filings, a median cadence gap of 6.5 days and a median latency of 6.0 days across 54 issuers.\n\n## Auditor\n\nThe auditor of record is not on the record (no dei:AuditorName tag on the latest annual report cover, as foreign private issuers and older filings carry none), and its location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record (EDGAR states no dated change of state of incorporation on a filing line). The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nThe record finds 23 research houses named on the issuer's own investor-relations page: Barclays, BMO Capital Markets, BTG Pactual, Canaccord Genuity, CIBC World Markets, Citi Research Group, Cormark Securities, Desjardins, Global Mining Research, Goldman Sachs, Haywood Securities, Jefferies, John Tumazos Very Independent Research, National Bank Financial, Paradigm Capital, Raymond James, RBC Capital Markets, Safra Securities, Scotiabank, Stifel, TD Securities, UBS and Veritas Investment Research.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for the issuer. The market's earliest sealed date is 2021-01-04 and the live record began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001322422.json (identity.name)\n- https://mcp.us-cm-kg.ai/events/NYSE/HBM (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://hudbayminerals.com/investors/analyst-coverage/default.aspx (coverage)\n- https://mcp.us-cm-kg.ai/record/NYSE/HBM (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NYSE/HBM",
  "coverage": {
   "count": 23,
   "houses": [
    {
     "analyst": "Richard Garchitorena",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Matthew Murphy",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Leonardo Correa",
     "house": "BTG Pactual",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Dalton Baretto",
     "house": "Canaccord Genuity",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Anita Soni",
     "house": "CIBC World Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Alex Hacking",
     "house": "Citi Research Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Stefan Ioannou",
     "house": "Cormark Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Bryce Adams",
     "house": "Desjardins",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "David Radclyffe",
     "house": "Global Mining Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Marcio Farid",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Pierre Vaillancourt",
     "house": "Haywood Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Fahad Tariq",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "John Tumazos",
     "house": "John Tumazos Very Independent Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Shane Nagle",
     "house": "National Bank Financial",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Jeff Woolley",
     "house": "Paradigm Capital",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Judith Elliott",
     "house": "Raymond James",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Sam Crittenden",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Ricardo Monegaglia",
     "house": "Safra Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Orest Wowkodaw",
     "house": "Scotiabank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Ralph Profiti",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Craig Hutchison",
     "house": "TD Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "George Eadie",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    },
    {
     "analyst": "Martin Pradier",
     "house": "Veritas Investment Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx",
     "result": "read: 23 of 48 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 3256,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "NYSE"
    },
    "sector": {
     "issuers": 54,
     "median_cadence_gap_days": 6.5,
     "median_filings": 46,
     "median_latency_days": 6,
     "name": "1000 Metal Mining"
    }
   },
   "by_type": {
    "prospectus": 1,
    "regulatory_filing": 17,
    "results": 21
   },
   "cadence_median_gap_days": 8,
   "filing_days": 34,
   "filings": 39,
   "latency_days": 9,
   "latest": [
    {
     "category": "6-K",
     "date": "2026-10-30",
     "source": "https://www.sec.gov/Archives/edgar/data/1322422/000106299326005628/form6k.htm",
     "title": "6-K — FORM 6-K",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-10-23",
     "source": "https://www.sec.gov/Archives/edgar/data/1322422/000106299326005519/form6k.htm",
     "title": "6-K — FORM 6-K",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-10-21",
     "source": "https://www.sec.gov/Archives/edgar/data/1322422/000106299326005462/form6k.htm",
     "title": "6-K — FORM 6-K",
     "type": "results"
    },
    {
     "category": "6-K",
     "date": "2026-09-28",
     "source": "https://www.sec.gov/Archives/edgar/data/1322422/000106299326005080/form6k.htm",
     "title": "6-K — FORM 6-K",
     "type": "results"
    },
    {
     "category": "SCHEDULE 13G/A",
     "date": "2026-08-14",
     "source": "https://www.sec.gov/Archives/edgar/data/1322422/000119312526351194/xslSCHEDULE_13G_X02/primary_doc.xml",
     "title": "SCHEDULE 13G/A",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-10-30",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/HBM",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NYSE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US4436281020"
   },
   "jurisdiction": {
    "market": "US",
    "state": "not_on_record"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001322422.json",
    "state": "sourced",
    "value": "Hudbay Minerals Inc."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001322422.json",
    "state": "sourced",
    "value": "1000 Metal Mining"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001322422.json",
    "state": "sourced",
    "value": "Non-operating entity type (other)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "HBM"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:97d9fb6e799aba0ba2aa7cd67aa0c5c15d5fd8b310ce0fb50f234259697739ac",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NYSE/HBM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:97d9fb6e799aba0ba2aa7cd67aa0c5c15d5fd8b310ce0fb50f234259697739ac",
 "path": "/us/NYSE/HBM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Hudbay Minerals Inc. is listed on NYSE under the ticker HBM. Its ISIN is US4436281020. Its LEI is not on the record (no GLEIF record with the exact legal name in jurisdiction US). Its security type is non-operating entity type (other) and its sector is 1000 Metal Mining. Its segment and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 39 filings across 34 filing days in the window 2025-11-08 to 2026-11-08. Of these, 1 is a prospectus, 17 are regulatory filings and 21 are results. The median gap between filing days is 8 days. The latest filing is dated 2026-10-30 and is of type results, 9 days before the record date of 2026-11-08. The NYSE median is 64.0 filings, a median cadence gap of 6.0 days and a median latency of 4.0 days across 3256 issuers. The 1000 Metal Mining median is 46.0 filings, a median cadence gap of 6.5 days and a median latency of 6.0 days across 54 issuers.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record (no dei:AuditorName tag on the latest annual report cover, as foreign private issuers and older filings carry none), and its location is not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record (EDGAR states no dated change of state of incorporation on a filing line). The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record finds 23 research houses named on the issuer's own investor-relations page: Barclays, BMO Capital Markets, BTG Pactual, Canaccord Genuity, CIBC World Markets, Citi Research Group, Cormark Securities, Desjardins, Global Mining Research, Goldman Sachs, Haywood Securities, Jefferies, John Tumazos Very Independent Research, National Bank Financial, Paradigm Capital, Raymond James, RBC Capital Markets, Safra Securities, Scotiabank, Stifel, TD Securities, UBS and Veritas Investment Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for the issuer. The market's earliest sealed date is 2021-01-04 and the live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.name",
   "source": "https://data.sec.gov/submissions/CIK0001322422.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/HBM"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://hudbayminerals.com/investors/analyst-coverage/default.aspx"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NYSE/HBM"
  }
 ],
 "title": "Hudbay Minerals Inc. (HBM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}