Hecla Mining Co HL

Alternate Symbol(s): HL.PR.B

Metals & Mining Silver

Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.

NYSE:HL - Post by User

Hecla Mining Co

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Post by goldennorthon Jul 12, 2024 11:20am

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Post# 36130183

Silver Company On Good Solid Ground And On Positive Track.

No question Hecla Mining is on solid track for 2024.

"Based on 6 Wall Street analysts offering 12 month price targets for Hecla Mining Company in the last 3 months. The average price target is $7.29 with a high forecast of $10.25 and a low forecast of $6.00. The average price target represents a 20.80% change from the last price of $6.04."

https://www.tipranks.com/stocks/hl/forecast

https://www.tradingview.com/chart/?symbol=NYSE%3AHL

https://www.zacks.com/stock/research/HL/price-target-stock-forecast

Plus to make things even better for silver.

"In 2023, the supply for silver came short of demand by 142 million ounces, while this shortfall is expected to nearly double to 265 million ounces this year. Data also showed that industrial demand for the metal, driven by green energy, AI and EVs, now accounts for 64% of global silver consumption and growing fast."

https://tradingeconomics.com/commodity/silver

Silver forecast: technical analysis and key levels to watch