B.Riley FBR Downgrades Hecla Mining Company (HL) to Hold


Hecla Mining Company (HL) received a Hold rating and a $3 price target from B.Riley FBR analyst Lucas Pipes today. The company’s shares opened today at $2.38, close to its 52-week low of $2.17.

According to TipRanks.com, Pipes is a 3-star analyst with an average return of 0.8% and a 48.4% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, CONSOL Coal Resources LP, and Teck Resources Limited.

Currently, the analyst consensus on Hecla Mining Company is a Hold with an average price target of $3.83.

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The company has a one-year high of $4.15 and a one-year low of $2.17. Currently, Hecla Mining Company has an average volume of 5.29M.

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Hecla Mining Co. operates as a silver and gold producer. 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, and San Sebastian.

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