H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Hecla Mining Company (HL – Research Report) today and set a price target of $6.50. The company’s shares closed last Monday at $4.06, close to its 52-week low of $3.44.
According to TipRanks.com, Ihle ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.0% and a 22.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hecla Mining Company with a $6.17 average price target, a 60.1% upside from current levels. In a report issued on July 13, Roth Capital also maintained a Buy rating on the stock with a $5.00 price target.
The company has a one-year high of $7.66 and a one-year low of $3.44. Currently, Hecla Mining Company has an average volume of 7.58M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on HL:
- Analysts Offer Insights on Healthcare Companies: Veru (VERU), Otonomy (OTIC) and Karuna Therapeutics (KRTX)
- Needham Thinks Universal Display’s Stock is Going to Recover
- NXP Semiconductors (NXPI) Receives a Buy from Needham
- Berenberg Bank Maintains a Hold Rating on Swiss Re AG (SSREF)
- Analysts Offer Insights on Technology Companies: Calix (CALX) and Dynatrace (DT)