$30.81Peak — highest point inside the window, not a realized return
$25.76Window close — end-of-window price, context only
What happened
Target reached
Reached its target in 24 days.
At window close
+14.7%
realized, from the publication price to the last close inside the window
Peak gain
+37.2%
peak, from the publication price — not a realized return
S&P 500, same window
+3.8%
SPY over the identical days, dividend-adjusted
Window close
$25.76
last close inside the window, ended October 12, 2026
Peak price
$30.81
peak on August 25, 2026 — not a realized return
Days to target
24
The thesis — published July 14, 2026
Predicted growth
+22%
over the measurement window
Target price
$27.40
the price the thesis aimed for
Entry zone
$21.30 – $22.30
the fair-value band we waited for
Price at publication
$22.46
published July 14, 2026
Confidence
82%
how strongly the data lined up
Timeframe
Short-term (0–3 months)
Hudbay combines profitable growth, a reasonable price, and a newly approved expansion at Constancia that could increase output and extend mine life. This creates a plausible path for the stock to be revalued higher next quarter. However, recent selling and weak momentum mean the recovery is not yet confirmed; copper exposure and uneven results limit strong conviction.
Primary drivers
Constancia permit could raise output and extend mine life
Company is growing profitably and looks reasonably priced
Recent pullback may offer a recovery entry near support
Long-term copper demand and project optionality supports outlook
Prices are shown split- and dividend-adjusted, matching what public charts show today.
Share this receipt
A scored call, published before the outcome was known. Paste the link anywhere — it unfurls as the card above.