Hudbay Soars as Copper Surge Lifts TSX to Record High
Hudbay Minerals shares surged nearly 9% to C$36.69 in Toronto Monday, leading gains as Canada’s main stock index hit a record high. The rally followed higher copper prices and optimism over U.S.-Iran talks. Hudbay’s U.S. shares did not trade due to the NYSE holiday. The company recently reported Q1 revenue of $757.3 million and reaffirmed its 2026 production outlook.