Hudbay Minerals Inc. (NYSE:HBM) is one of the 8 best mid-cap growth stocks to invest in.

On April 2, Hudbay Minerals Inc. (NYSE:HBM) announced the complete repayment of its outstanding senior unsecured notes. Upon its maturity, the company paid the principal amount of $472.5 million. Management made a $272 million draw on its low-cost revolving credit lines and used its available cash reserves to successfully execute this financial transaction.

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The company claims that eliminating this debt lowers total capital expenses and is quite consistent with strict balance sheet control as well. Ahead of the impending Copper World project sanctioning decision, which is anticipated later this year, this strategic deployment of liquidity significantly enhances financial flexibility.

On March 2, Hudbay Minerals Inc. (NYSE:HBM) entered into a definitive agreement to acquire all issued and outstanding common shares of Arizona Sonoran Copper Company Inc. (TSX:ASCU) for 0.242 of a Hudbay share per Arizona Sonoran share. The transaction values Arizona Sonoran at approximately $1.4 billion in equity and implies a 30% premium to its closing share price on February 27, 2026.

The purchase combines the Copper World and Cactus projects into the third-largest copper mining area in North America, putting Hudbay in a position to increase annual copper output from the current 125,000 tonnes to well above 250,000 tonnes by the year 2030.

Hudbay Minerals Inc. (NYSE:HBM) is a multifaceted mining company specializing in researching, optimizing, and developing properties in the American region. Its main area of research involves identifying copper concentrates containing gold, copper, zinc, and other metals. It has a 100% stake in the Copper Mountain mine, located in the Similkameen Valley.

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