New insider activity at Hecla Mining Company ( (HL) ) has taken place on February 22, 2025.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Director Robert Krcmarov has made a significant move by purchasing 6,570 shares of Hecla Mining Company stock, with the transaction valued at $34,689.
Recent Updates on HL stock
Hecla Mining Company recently reported record revenues of $929.9 million for 2024, driven by strong silver and gold production, and a significant improvement in net income. The company’s performance highlights include substantial contributions from its Greens Creek and Lucky Friday mines, as well as an increase in silver reserves at Keno Hill. Despite operational challenges, such as a mill shutdown at Keno Hill and increased costs, the company’s strategic focus on optimizing its asset portfolio and maintaining financial strength remains clear. Hecla’s elimination of the silver-linked dividend aligns with its strategy to reinvest in growth opportunities. Analysts attribute the revenue increase to rising metal prices and higher sales volumes, positioning Hecla for continued growth given its strong operations and balance sheet.
More about Hecla Mining Company
YTD Price Performance: 7.03%
Average Trading Volume: 14,383,717
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.56B