NYSE:HLMetals and Mining
Hecla Refocuses On Silver As Casa Berardi Sale Cuts Debt
Hecla Mining (NYSE:HL) has completed the sale of its Casa Berardi Mine subsidiary.
The company plans to fully redeem its remaining senior notes following the transaction.
These moves are intended to reduce debt and reshape Hecla’s asset mix around its core silver operations.
For investors watching NYSE:HL, this news comes with the stock trading at $18.36 after a strong multi year run, including a very large 5 year gain. Over the past month, the share price has declined 23.5%, even though...