NYSE:HL - Post Discussion
Hecla Mining Co
> Silver Company On Good Solid Ground And On Positive Track.
Post by
goldennorth on Jul 12, 2024 11:20am
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
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