On a relative basis, the stock has outperformed the S&P 500 by 4.83% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.15% in the last 1 week, and is up 7.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Hecla Mining Company (NYSE:HL): The stock opened at $6.37 on Friday but the bulls could not build on the opening and the stock topped out at $6.55 for the day. The stock traded down to $6.26 during the day, due to lack of any buying support eventually closed down at $6.50 with a loss of -1.66% for the day. The stock had closed at $6.61 on the previous day. The total traded volume was 7,684,432 shares.
The stock has recorded a 20-day Moving Average of 5.25% and the 50-Day Moving Average is 24.02%. Hecla Mining Co. is up 51.62% in the last 3-month period. Year-to-Date the stock performance stands at 244.56%.
Hecla Mining Company (HL) : The consensus price target for Hecla Mining Company (HL) is $3.61 for the short term with a standard deviation of $1.26. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $5, however, the pessimist price target for the company is $2.
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.