
Hecla Mining (HL) Stock Forecast & Price Target
Hecla Mining (HL) Analyst Ratings
Bulls say
Hecla Mining Co has demonstrated strong revenue growth, driven by significant increases in gold and silver prices, with quarterly gold averaging $2,656/oz (+33% YoY) and silver at $30.19/oz (+29% YoY). Notably, while revenue surged by 55% year-over-year, the total costs of goods sold increased only by 18%, illustrating improved operational efficiency. Additionally, ongoing drilling success has bolstered the company's silver reserves to their second-highest level in history, indicating strong potential for resource expansion.
Bears say
Hecla Mining's financial outlook is hindered by mixed results that fell short of expectations, exposing the company to risks such as failure to meet debt service requirements, production variances, and fluctuations in metal prices. The reliance on silver, alongside gold, lead, and zinc, amplifies its exposure to commodity price volatility, which could significantly impact valuation, particularly in the face of economic uncertainties. Additionally, operational and technical risks inherent in the natural resources sector could further undermine the company's near-term fundamentals, despite encouraging long-term market outlooks.
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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