75% growth and cash on hand
Third, zinc (and copper) producer HudBay Minerals (HBMFF, news, msgs). The Canadian company produces about twice as much zinc as copper -- as well as gold and silver. (The company is the third-largest producer of zinc and copper in Canada.) The combination will drive earnings in 2007 and 2008 above the already high earnings levels of 2006, according to the consensus of Wall Street analysts. Projected 2007 earnings will climb 28% from 2006 levels. For the first quarter of 2007, due to be reported on May 10, Wall Street is looking for better than 75% growth in earnings per share from first quarter of 2006. The company's current reserves are enough to sustain production for 12 years at current rates. And HudBay Minerals has plenty of cash -- $254 million -- to expand its exploration program.
Third, zinc (and copper) producer HudBay Minerals (HBMFF, news, msgs). The Canadian company produces about twice as much zinc as copper -- as well as gold and silver. (The company is the third-largest producer of zinc and copper in Canada.) The combination will drive earnings in 2007 and 2008 above the already high earnings levels of 2006, according to the consensus of Wall Street analysts. Projected 2007 earnings will climb 28% from 2006 levels. For the first quarter of 2007, due to be reported on May 10, Wall Street is looking for better than 75% growth in earnings per share from first quarter of 2006. The company's current reserves are enough to sustain production for 12 years at current rates. And HudBay Minerals has plenty of cash -- $254 million -- to expand its exploration program.