HudBay Minerals back in the black in 3d qtr.
Nov 11, 2013 | 01:53 PM
| Daniel Fitzgerald
NEW YORK HudBay Minerals Inc. returned to profitability in the third quarter despite a drop in revenue due to lower copper sales volumes and pricing.
The Toronto-based company posted net income of nearly Canadian $3 million ($2.9 million) for the three months ended Sept. 30 vs. a net loss of more than C$5.35 million in the same period last year despite a 10-percent drop in sales to C$130.18 million ($124.2 million).....
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