1. Exit Case: Hudbay Minerals Inc. 

Overview:

Hudbay Minerals Inc. (TSX: HBM) is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business.

HBM has been a part of the ‘Growth Portfolio’ since 23^rd July 2025, however, considering decent rally in the share price of the stock, an ‘Exit’ is recommended from the stock at the last traded price of CAD 16.55, (as on 13^th August 2025 at 9:55 AM Toronto, ON, Canada).  

1.1 Support and Resistance Summary as provided in our last published report dated 23^rd July 2025.

Hudbay Minerals Inc.

2. New Entry Case: Dayforce Inc. 

Overview:  

Dayforce Inc. (TSX: DAY) is a global human capital management (HCM) software company. The Company's Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality. The Company also sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record of all of their HR information.

Technical Analysis: On the daily chart, DAY prices are trading above the support level. Moreover, for the past couple of days the stock price is closing on a higher note indicating positive momentum. Additionally, prices are positioned above the 20-period Simple Moving Average (SMA), which could serve as a support level. The key support for stock is at CAD 63.50, while the critical resistance level is at CAD 82.50.

Considering the above mentioned factors, technical analysis, support & resistance levels, an ‘Entry’ is recommended in the ‘Growth Portfolio’ at the closing market price of CAD 73.54, as on (as on 13^th August 2025).

2.1 Support and Resistance Summary (as on 13^th August 2025)

2.2 Dayforce Inc. (TSX: DAY)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of 13^th August 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.