11:11 AM EDT, 10/15/2024 (MT Newswires) -- National Bank of Canada on Monday outlined base metal companies with material differences and notable items from its third-quarter estimates.

The bank cited Teck Resources (TECK-B.TO), Hudbay Minerals ( HBM ) , Taseko Mines ( TGB ) and Ero Copper ( ERO ) .

National Bank said its third-quarter EBITDA assumptions are currently 7% lower than consensus across its coverage, reflecting lower copper prices and more conservative operating assumptions.

The bank anticipates estimates to come down in the coming weeks ahead of reporting tempering current expectations.

Price: 68.32, Change: -2.13, Percent Change: -3.02