Hecla Mining Company (HL) : 8 analysts are covering Hecla Mining Company (HL) and their average rating on the stock is 3.13, which is read as a Hold. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Hecla Mining Company (HL) : 6 Wall Street analysts covering Hecla Mining Company (HL) believe that the average level the stock could reach for the short term is $3.61. The maximum price target given is $5 and the minimum target for short term is around $2, hence the standard deviation is calculated at $1.26.
Company shares have received an average consensus rating of Hold for the current week Also, Scotiabank upgrades their rating on the shares of Hecla Mining Company (NYSE:HL). The current rating of the shares is Sector Perform. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on July 13, 2016.
Hecla Mining Company (NYSE:HL): The stock opened at $6.45 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.48 for the day. The stock traded down to $6.08 during the day, due to lack of any buying support eventually closed down at $6.45 with a loss of -1.53% for the day. The stock had closed at $6.55 on the previous day. The total traded volume was 8,283,181 shares.
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 Idahos Silver Valley, which is located in Coeur dAlene Mining District; Greens Creek unit on Alaskas 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.