H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on Hecla Mining to $10 from $8.25 and keeps a Buy rating on the shares. The company’s year-over-year growth in silver production is aided by minor contributions from Keno Hill, the analyst tells investors in a research note. The firm believes the company remains mostly on track to meet its 2023 guidance of 16.0 – 17.5Moz of silver as Keno Hill continues to ramp-up.
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