Hecla Mining upgraded to Buy from Hold at Cantor Fitzgerald

Cantor Fitzgerald upgraded Hecla Mining to Buy from Hold with a price target of $6, up from $5.25. The firm is incorporating the Q1 results and rolling the cash flow component of its target multiple forward by one-year, says the analyst, who notes that Hecla’s adjusted EPS and CFPS “were a clean beat on our numbers and consensus estimates.”