
Hecla Mining (HL) Stock Forecast & Price Target
Hecla Mining (HL) Analyst Ratings
Bulls say
Hecla Mining Co's positive outlook is reinforced by a significant revenue increase of 55% year-over-year, primarily driven by strong gold and silver pricing, with average gold prices at $2,656/oz (+33% YoY) and silver at $30.19/oz (+29% YoY). Additionally, the company's total costs of goods sold rose only 18% year-over-year, highlighting an impressive margin expansion amid rising revenues. Finally, Hecla's ongoing drilling success has resulted in silver reserves reaching the second-highest level in its history, underscoring the company's potential for continued resource expansion and growth.
Bears say
Hecla Mining's financial outlook is tempered by mixed results that failed to meet expectations, indicating potential volatility in achieving desired financial targets. Key risks include the company's reliance on fluctuating commodity prices, particularly silver, along with operational challenges that may disrupt production and service debt obligations. Additionally, uncertainty surrounding resource estimates and the possibility of dilutive transactions further contribute to an unfavorable near-term outlook for the company's financial health.
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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