Hecla Mining Co/de/ (HL): George R Jr Nethercutt , director of Hecla Mining Co/de/ sold 40,000 shares on Jul 1, 2016. The Insider selling transaction was reported by the company on Jul 13, 2016 to the Securities and Exchange Commission. The shares were sold at $5.00 per share for a total value of $200,000.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2016, Anthony P Taylor (director) sold 5,000 shares at $6.09 per share price.
Hecla Mining Company (HL) witnessed a volatile trading activity on Monday Jul 11, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $6.01 and reached the intraday high at $6.15. The bulls started the profit booking and pushed the shares to intraday low of $5.925. The trading session was marked by a volume range of 1,01,11,546 shares exchanging hands. The 52-week high of the shares is $6.15 and the 52-week low is $1.45. The market cap of the company stands at $2,323 M and there are 38,40,12,400 shares in public circulation.
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 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.