Hecla Mining's Q3 Silver Production Declines, Expects To Achieve Fiscal 2023 Target
Portfolio Pulse from Lekha Gupta
Hecla Mining Co (NYSE:HL) reported a decline in silver, lead, and zinc production in Q3 2023, while gold production rose. Despite less production at the Lucky Friday mine, the company expects to meet its 2023 guidance of 14.5 to 15.5 million ounces. The company's shares are trading higher by 1.02% at $3.97 premarket.
October 12, 2023 | 2:54 pm
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Hecla Mining reported a decline in silver, lead, and zinc production in Q3 2023, but expects to meet its 2023 guidance. The company's shares are trading higher premarket.
Despite the reported decline in production for Q3, Hecla Mining's shares are trading higher in the premarket. This could be due to the company's confidence in meeting its 2023 guidance, which may have reassured investors.
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