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Analysts Conflicted on These Materials Names: Hecla Mining Company (HL), Iluka Resources Limited (OtherILKAF) and Pilbara Minerals (OtherPILBF)

Tipranks - Sat Jan 31, 10:08AM CST

Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Hecla Mining Company (HLResearch Report), Iluka Resources Limited (ILKAFResearch Report) and Pilbara Minerals (PILBFResearch Report).

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Hecla Mining Company (HL)

In a report released today, Dalton Baretto from Canaccord Genuity reiterated a Hold rating on Hecla Mining Company, with a price target of $26.50. The company’s shares closed last Friday at $24.00.

According to TipRanks.com, Baretto is a top 100 analyst with an average return of 32.7% and a 61.0% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Silvercorp Metals, and Capstone Copper. ;'>

Currently, the analyst consensus on Hecla Mining Company is a Hold with an average price target of $23.93, representing a 1.4% upside. In a report issued on January 21, TipRanks – Anthropic also downgraded the stock to Hold with a $31.00 price target.

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Iluka Resources Limited (ILKAF)

Canaccord Genuity analyst Reg Spencer maintained a Buy rating on Iluka Resources Limited today and set a price target of A$6.55. The company’s shares closed last Friday at $3.95.

According to TipRanks.com, Spencer is a 5-star analyst with an average return of 21.8% and a 54.7% success rate. Spencer covers the Basic Materials sector, focusing on stocks such as Kingsgate Consolidated Limited, Lynas Rare Earths, and Arafura Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Iluka Resources Limited with a $4.12 average price target, implying a 16.1% upside from current levels. In a report released yesterday, Macquarie also upgraded the stock to Buy with a A$6.50 price target.

Pilbara Minerals (PILBF)

Canaccord Genuity analyst Timothy Hoff maintained a Buy rating on Pilbara Minerals today and set a price target of A$5.30. The company’s shares closed last Friday at $3.05.

According to TipRanks.com, Hoff is a 4-star analyst with an average return of 7.4% and a 52.4% success rate. Hoff covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Metals X Limited, and Core Lithium Ltd. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Pilbara Minerals with a $2.92 average price target, which is a -4.3% downside from current levels. In a report issued on January 18, Morgan Stanley also maintained a Buy rating on the stock with a A$5.25 price target.

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