Hecla Mining Co (NYSE: HL) stock closed at $6.10 on 5/17/24 after a major increase of 11.1%. Moreover, trading volume in this advance was unusually high at 189% of normal. The stock has risen 11.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HL is expected to continue to be a modest Value Builder.
Hecla Mining has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hecla Mining has a poor Appreciation Score of 29 but a good Power Rating of 75, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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