Hecla Mining Company (HL) : The consensus on Hecla Mining Company (HL) based on 8 analyst recommendation on the company stock is 2.88, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Hecla Mining Company (HL).
Hecla Mining Company (HL) : Average target price received by Hecla Mining Company (HL) is $4.99 with an expected standard deviation of $2.4. The most aggressive target on the stock is $9, whereas the most downbeat target is $2. 8 financial analysts are currently covering the stock.
Also, Rodman & Renshaw initiates coverage on Hecla Mining Company (NYSE:HL) . The global brokerage major announces a current price target of $9 per share. Analysts at the Rodman & Renshaw have a current rating of Buy on the shares. The rating by the firm was issued on September 6, 2016.
Hecla Mining Company (NYSE:HL): After opening at $5.37, the stock dipped to an intraday low of $5.21 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $5.65 and the buying power remained strong till the end. The stock closed at $5.57 for the day, a gain of 4.11% for the day session. The total traded volume was 16,017,207. The stocks close on the previous trading day was $5.35.
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.