 Shares of Hudbay Minerals NYSE: HBM had surged more than 10 by 10:45 a.m. EDT on Wednesday. Hudbay Minerals reported an adjusted loss of 0.15 per share, a 0.05 per share improvement from what analysts expected. Several factors drove the narrower loss, including strong production and cost performance at its operations in Manitoba, and rising production of all other metals elsewhere, including record gold output. 