Hecla Mining Reported YTD Silver Production Growth Of 8% And Gold Production Decline Of 14%
Portfolio Pulse from Benzinga Newsdesk
Hecla Mining has reported an 8% increase in silver production year-to-date (YTD), but a 14% decrease in gold production. The company's stock symbol is HL.
October 12, 2023 | 10:06 am
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NEUTRAL IMPACT
Hecla Mining's silver production has grown by 8% YTD, while gold production has declined by 14%.
The increase in silver production could potentially offset the decline in gold production, leading to a neutral impact on the stock price. However, the overall impact will depend on the market prices of silver and gold, as well as the company's operational costs.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100