Hecla Mining Co/de/ (HL): Anthony P Taylor , director of Hecla Mining Co/de/ sold 12,000 shares on Jun 3, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $4.27 per share for a total value of $51,240.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 18, 2015, Anthony P Taylor (director) sold 5,000 shares at $2.23 per share price.
Hecla Mining Company: On Friday, Jun 3, 2016 heightened volatility was witnessed in Hecla Mining Company which led to swings in the share price. The shares opened for trading at $4.14 and hit $4.46 on the upside , eventually ending the session at $4.44, with a gain of 12.12% or 0.48 points. The heightened volatility saw the trading volume jump to 1,14,50,615 shares. The 52-week high of the share price is $4.73 and the company has a market cap of $1,705 M . The 52-week low of the share price is at $1.45.
Company has been under the radar of several Street Analysts.Hecla Mining Company is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 4 from a previous price target of $3.25 .The Rating was issued on May 31, 2016.Hecla Mining Company is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 4 from a previous price target of $3 .The Rating was issued on May 9, 2016.Hecla Mining Company is Downgraded by CIBC to Sector Perform. Earlier the firm had a rating of Sector Outperform on the company shares. The Rating was issued on Apr 8, 2016.Hecla Mining Company is Downgraded by Deutsche Bank to Hold and the brokerage firm has set the Price Target at $2.90. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 23, 2016.
Hecla Mining Company is engaged in discovering acquiring developing and producing silver gold lead and zinc. The Company operates in three segments: the Greens Creek Lucky Friday and Casa Berardi units. It focuses on its San Sebastian project which is located in Mexico; North Idaho’s Silver Valley which is located in Coeur d’Alene Mining District; Greens Creek unit on Alaska’s Admiralty Island which is located near Juneau; the silver-producing district near Durango which is located in Mexico; the Abitibi region of north-western Quebec which is located in Canada and the Creede district of Southwestern Colorado. The Company produces lead zinc and bulk concentrates which it markets to custom smelters and brokers at its Lucky Friday unit and unrefined bullion bars (dore) containing gold and silver at Greens Creek and Casa Berardi. In addition the Company owns Rock Creek Project a silver and copper deposit which is located in North America.