Roth MKM analyst Joe Reagor lowered the firm’s price target on Hecla Mining (HL) to $6.60 from $6.90 and keeps a Buy rating on the shares. On November 6, 2024, Hecla Mining announced its financial and operating results for Q3 2024. Results were mixed compared to Roth’s expectations. Additionally, the company lowered 2024 production guidance and gave a weak outlook for 2025 at Keno Hill, the firm adds.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HL:
- Hecla Mining call volume above normal and directionally bullish
- Hecla Mining downgraded to Sector Perform from Outperform at National Bank
- Hecla Mining price target raised to $11.50 from $10.25 at H.C. Wainwright
- Hecla Mining Reports Strong Q3 2024 Results
- Hecla Mining reports Q3 adjusted EPS 3c, consensus 5c