In a report released today, Mark Mihaljevic from RBC Capital reiterated a Hold rating on Hecla Mining Company (NYSE: HL), with a price target of $3.75. The company’s shares opened today at $3.08, close to its 52-week low of $2.85.
According to TipRanks.com, Mihaljevic is ranked #4648 out of 4850 analysts.
Hecla Mining Company has an analyst consensus of Moderate Buy, with a price target consensus of $5.25, a 70.5% upside from current levels. In a report released yesterday, BMO Capital also reiterated a Hold rating on the stock with a $3.50 price target.
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Based on Hecla Mining Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $12.07 million. In comparison, last year the company had a GAAP net loss of $24.02 million.
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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.