Bernstien Upgrades Hecla Mining Company to Market Perform

Brokerage firm Bernstien Upgrades its rating on Hecla Mining Company(NYSE:HL). The shares have been rated Market Perform. The rating by Bernstien was issued on Jul 5, 2016.

In a different note, On Apr 8, 2016, CIBC said it Downgrades its rating on Hecla Mining Company. The shares have been rated ‘Sector Performer’ by the firm.

Hecla Mining Company (HL) made into the market gainers list on Fridays trading session with the shares advancing 6.89% or 0.39 points. Due to strong positive momentum, the stock ended at $6.05, which is also near the day’s high of $6.08. The stock began the session at $5.65 and the volume stood at 92,37,573 shares. The 52-week high of the shares is $6.08 and the 52 week low is $1.45. The company has a current market capitalization of $2,323 M and it has 38,40,12,400 shares in outstanding.

Hecla Mining Company(HL) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $131.02M. Analysts had an estimated revenue of $130.94M. Earnings per share were $0.02. Analysts had estimated an EPS of $0.01.

Several Insider Transactions has been reported to the SEC. On Jun 30, 2016, Anthony P Taylor (director) sold 6,921 shares at $4.94 per share price.

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 Idaho’s Silver Valley which is located in Coeur d’Alene Mining District; Greens Creek unit on Alaska’s 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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