Canadian stocks closed sharply lower on Thursday as fading hopes of a series of rate cuts by the Federal Reserve this year, and weak commodity prices rendered the mood bearish.
The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day's session notably lower.
The Canadian market tumbled Tuesday morning on heavy selling in materials and energy stocks, and despite regaining some lost ground subsequently, ended the day's session notably lower.
Hudbay Minerals (TSE:HBM – Free Report) (NYSE:HBM) had its target price increased by Cormark from C$13.50 to C$15.00 in a research note published on Monday morning, BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock. Cormark also issued estimates for Hudbay Minerals’ Q2 2024 earnings at $0.20 EPS, Q3 2024 […]