Mad Money Lightning Round OT: Cramer Is Bearish On Hecla (HL) (HL, OGE, BAA, AEM, EGO)

On CNBC's Mad Money Lightning Round OT, Jim Cramer said that Hecla Mining Company HL has never been his favorite, because it seems to him that it has always been in a need for more money. Cramer likes some mining companies, but he is a seller of Hecla (HL). Hecla Mining Company (HL) fell 7.14% today, and closed at $8.32. Cramer advised his viewers not to buy OGE Energy Corp. OGE. He believes that this is a very good company, but it doesn't yield enough. OGE Energy Corp. OGE lost 0.09% today, and closed at $45.46. Banro Corporation BAA should be sold, thinks Cramer. He added that Agnico-Eagle Mines Limited (USA) AEM and Eldorado Gold Corporation (USA) EGO are much better than Banro (BAA). Cramer explained that these companies traded lower today, as gold pulled back. He sees this as a good buying opportunity. BAA gained 0.65% today, Agnico-Eagle Mines (AEM) fell 2.86% and Eldorado Gold (EGO) slipped 5.44%.
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Posted In: CNBCLong IdeasJim CramerShort IdeasMediaTrading IdeasGoldMad Money Lightning Round OTMaterialsPrecious Metals & MineralsUtilities
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