Canaccord Genuity Keeps a Hold Rating on Hecla Mining Company (HL)


In a report issued on August 9, Dalton Baretto from Canaccord Genuity reiterated a Hold rating on Hecla Mining Company (NYSE: HL), with a price target of $3.25. The company’s shares closed on Friday at $3.03, close to its 52-week low of $2.85.

According to TipRanks.com, Baretto is ranked #570 out of 4848 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hecla Mining Company with a $4.67 average price target, a 54.1% upside from current levels. In a report issued on August 9, BMO Capital also reiterated a Hold rating on the stock with a $3.50 price target.

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The company has a one-year high of $5.54 and a one-year low of $2.85. Currently, Hecla Mining Company has an average volume of 4.29M.

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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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