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Hecla Mining Company (HL) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Thu Apr 16, 8:54PM CDT

RBC Capital analyst Josh Wolfson maintained a Buy rating on Hecla Mining Company yesterday and set a price target of $28.00.

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Wolfson covers the Basic Materials sector, focusing on stocks such as Royal Gold, Barrick Mining, and Franco-Nevada. According to TipRanks, Wolfson has an average return of 24.7% and a 68.68% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Hecla Mining Company with a $24.75 average price target.

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Based on Hecla Mining Company’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $448.11 million and a net profit of $134.41 million. In comparison, last year the company earned a revenue of $249.66 million and had a net profit of $11.92 million

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