NYSE:HLMetals and Mining
Does Hecla’s Shift Toward Silver Amid Market Deficit Expectations Change The Bull Case For HL?
In recent days, Hecla Mining reported that its fortunes have swung with precious metal prices, as weaker gold but stronger silver prices, alongside a firmer US dollar and rising interest rates, pulled its operations and investor sentiment in different directions.
At the same time, management has intensified the company’s focus on silver by selling gold assets and boosting silver exploration and pre-development activity, tying Hecla’s outlook even more closely to conditions in the silver...