5 Best Zinc Stocks to Buy Now

3. Hudbay Minerals Inc. (NYSE: HBM)

Number of Hedge Fund Holders: 15

Hudbay Minerals Inc. (NYSE: HBM) is a Canada-based mining company founded in 1996. It is placed third on our list of 10 best zinc stocks to buy now. Hudbay stock has returned more than 180% to investors over the past twelve months. The company concentrates on the exploration and production of base and precious metals in North and South America. It offers products related to copper, gold, and silver, molybdenum concentrates, and zinc metals, among others. The firm owns a zinc production facility in northern Manitoba and Saskatchewan. 

In earnings results for the first quarter of 2021, posted on May 11, Hudbay Minerals Inc. (NYSE: HBM) reported earnings per share of -$0.06, missing market estimates by $0.10. The revenue over the period was over $313 million, up 28% year-on-year. 

Out of the hedge funds being tracked by Insider Monkey, Atlanta-based firm GMT Capital is a leading shareholder in Hudbay Minerals Inc. (NYSE: HBM) with 37.8 million shares worth more than $259 million.