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Analysts’ Opinions Are Mixed on These Materials Stocks: Hecla Mining Company (HL) and Coeur Mining (CDE)

Tipranks - Fri Mar 27, 6:24AM CDT

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Hecla Mining Company (HL) and Coeur Mining (CDE).

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Hecla Mining Company (HL)

In a report released yesterday, Kevin O’Halloran from BMO Capital maintained a Hold rating on Hecla Mining Company, with a price target of $22.00. The company’s shares closed last Wednesday at $18.36.

According to TipRanks.com, O’Halloran is a top 25 analyst with an average return of 71.7% and a 87.7% success rate. O’Halloran covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Torex Gold Resources, and Fortuna Mining Corp. ;'>

Hecla Mining Company has an analyst consensus of Hold, with a price target consensus of $24.75, a 31.0% upside from current levels. In a report issued on March 16, TipRanks – PerPlexity also downgraded the stock to Hold with a $21.00 price target.

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Coeur Mining (CDE)

Roth MKM analyst Joseph Reagor maintained a Buy rating on Coeur Mining yesterday and set a price target of $24.00. The company’s shares closed last Wednesday at $17.84.

According to TipRanks.com, Reagor is a 5-star analyst with an average return of 27.3% and a 53.1% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Avino Silver & Gold. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coeur Mining with a $26.56 average price target, implying a 38.3% upside from current levels. In a report issued on March 24, BMO Capital also resumed coverage with a Buy rating on the stock with a $27.00 price target.

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