NASDAQ:AIIO 23 January 2026 - 14 May 2026

July 10, 2026, 2:00 PM EDT. Hudbay Minerals (TSX:HBM) won approval from Peruvian authorities to raise the Constancia mine's annual mill throughput to 34 million tonnes from 31 million. But even with the expansion, Hudbay's stock slid 14.26% over the past 30 days and is down 9.27% in 90 days. The one-year total shareholder return sits at 107.65%. Some investors see the drop as a pause for the stock, keeping faith in growth ahead. Hudbay is moving forward on its Copper World project with Mitsubishi, which is aimed at increasing copper output by more than 50%. Shares last traded at CA$30.55, compared to a fair value estimate of CA$44.77, pointing to possible undervaluation. Main risks include project delays and cost overruns. Anyone looking at the stock will want to weigh that growth story against execution risk.