HC Wainwright & Co. has decided to maintain its Buy rating of Hecla Mining HL and lower its price target from $9.25 to $9.00.
Shares of Hecla Mining are trading down 4.18% over the last 24 hours, at $4.01 per share.
A move to $9.00 would account for a 124.16% increase from the current share price.
About Hecla Mining
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.
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