
Hecla Mining (HL) Stock Forecast & Price Target
Hecla Mining (HL) Analyst Ratings
Bulls say
Hecla Mining Co has demonstrated considerable growth, reporting silver production of 4.6Moz, which was a 2% quarter-over-quarter increase, and significantly surpassing production estimates, particularly for gold. The company experienced a robust 67% year-over-year revenue growth, largely attributed to rising average realized prices of gold and silver, which rose 39% and 45% year-over-year, respectively. Additionally, the strong cash flow generation of $162 million in the second quarter, along with favorable working capital changes, positions Hecla favorably for continued operational flexibility and growth opportunities.
Bears say
Hecla Mining has reported a significant decline in production for Q3, anticipated to be the lowest of the year due to operational challenges, particularly regarding hoist availability. Furthermore, despite a reduction in net debt to $273 million, commodity price volatility poses a considerable risk to the company's profitability, amplifying balance sheet strain. This, along with operational risks related to specific mining projects and inherent exploration uncertainties, contributes to a fundamentally negative outlook for the stock.
This aggregate rating is based on analysts' research of Hecla Mining and is not a guaranteed prediction by Public.com or investment advice.
Hecla Mining (HL) Analyst Forecast & Price Prediction
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