Brokerage Firm Rating Update on Hecla Mining Company (HL)

Hecla Mining Company (HL) has an average broker rating of 2.88, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 1 considers that the stock is a Sell.

Hecla Mining Company (HL) : The consensus price target for Hecla Mining Company (HL) is $4.42 for the short term with a standard deviation of $1.91. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $7, however, the pessimist price target for the company is $2.


Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, BMO Capital downgrades its ratings on Hecla Mining Company (NYSE:HL). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on August 23, 2016.

Hecla Mining Company (NYSE:HL): The stock was completely flat for the day, closing at $6.30 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $6.32, the stock touched an intraday high of $6.32 and a low of $6.08. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $6.30. The total trading volume on Wednesday was 11,366,293.

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.

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