Hudbay Minerals Inc (HBM.TO)

ERO Copper (ERO.TO) has dropped from over $32 to around $19, now in the SIA Unfavored zone with a low SMAX score of 0, signaling near-term weakness. The copper sector is facing challenges, with several leaders, including ERO.TO and III.TO, showing declines, and YTD returns for the subsector under pressure. Hudbay Minerals (HBM.TO) continues to lead in the SIA Copper Matrix with strong YTD gains, though it faces resistance at $12.95 and support at $11.96 to $9.14.

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