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.
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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
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