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Is HudBay Minerals (HBM) a Great Investment Pick?

L1 Long Short Fund, an investment management firm, released its second-quarter 2025 investor letter. The L1 Long Short Fund (LSF) portfolio generated a return of 12.2% for the June quarter, outperforming the ASX200 Accumulation Index (ASX200AI), which advanced 9.5% over the same period. Over the past five years, the portfolio has delivered a compound annual return of 21.0%, significantly ahead of the ASX200AI’s 11.8% per annum. This consistent outperformance reflects the firm’s disciplined long/short investment approach and ability to navigate dynamic market conditions. In addition,...