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Hecla Mining well-positioned for growth after 2024 results, says H.C. Wainwright

Hecla Mining well-positioned for growth after 2024 results, says H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle reiterates a Buy rating on Hecla Mining (HL) shares after the company reported 2024 financial results. The firm highlights that the 29% year over year increase in revenue was fueled by a sharp rise in metal prices, with realized gold pricing averaging $2,403 per ounce, as realized silver prices reached $28.58/oz, with higher sales volumes of silver, lead, and zinc further aiding growth, the analyst tells investors in a research note. Hecla remains well-positioned for continued growth given the strength of its operations and healthy balance sheet, H.C. Wainwright argues.

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