RBC Capital analyst Michael Siperco maintained a Buy rating on Hecla Mining Company (HL – Research Report) on February 13 and set a price target of $6.00. The company’s shares closed yesterday at $3.62.
Siperco covers the Basic Materials sector, focusing on stocks such as SSR Mining, Alamos Gold, and Eldorado Gold. According to TipRanks, Siperco has an average return of -13.3% and a 26.52% success rate on recommended stocks.
Currently, the analyst consensus on Hecla Mining Company is a Strong Buy with an average price target of $6.34, representing a 75.14% upside. In a report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $4.60 price target.
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HL market cap is currently $2.13B and has a P/E ratio of -44.97.
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Hecla Mining Company (HL) Company Description:
Hecla Mining Co. operates as a silver and gold production company. It produces lead, zinc and bulk concentrates for custom smelters and brokers; and develops unrefined precipitate and bullion bars for precious metals traders. It operates through the following business segments: Greens Creek, Lucky Friday, Casa Berardi, Nevada Operations and San Sebastian. The Greens Creek segment is located on Admiralty Island, Junea, Alaska. The Lucky Friday segment is located in northern Idaho. The Casa Berardi segment is located in the Abitibi region of northwestern Quebec, Canada and is operated by Aurizon. The San Sebastian segment is located in the state of Durango, Mexico and contains underground mines. The company was founded by Amasa B. Campbell, Patsy Clark and John Finch on October 14, 1891 and is headquartered in Coeur d’Alene, ID.
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