The Globe and Mail reports in its Wednesday, July 19, edition that Canaccord Genuity analyst Dalton Baretto says second quarter results for base metals was dominated by "uncertainty." The Globe's David Leeder writes in the Eye On Equities column that Mr. Baretto also notes there was "a tug-of-war between macro and micro factors at play." For value and free-cash-flow yield, Mr. Baretto says he likes Hudbay Minerals, which he rates "buy." Mr. Baretto gave his share target a 50-cent trim to $11. Analysts on average target the shares at $10.06. Mr. Baretto says in a note: "We like Hudbay for its current focus on free cash flow generation as well as its exposure to strong current gold prices and the strategic implications of the CMMC acquisition. Our estimates indicate that the company will generate $1.11 per share in FCF this year, implying a FCF yield of 21 per cent. In addition, we note that Hudbay trades at just 1.7 times our 2024 EBITDA estimate and 0.40 times NAV, vs. the peer group averages of 5.0 times and 0.88 times, respectively. We point to the pending PFS and permitting milestones at Copper World as potential positive catalysts, possibly with a JV agreement to follow late in the year."