Hecla Mining price target lowered to $5 from $5.50 at B. Riley

B. Riley lowered the firm’s price target on Hecla Mining to $5 from $5.50 and keeps a Buy rating on the shares. Hecla reported quarterly adjusted EBITDA of $36.7M, in line with estimates, and anticipates total silver production of 16.5M-17.5M oz in 2024, a roughly 19% increase year over year, the analyst tells investors in a research note.