In a recent update, TD Securities has maintained its "Hold" rating on Hecla Mining (HL, Financial). The decision was reported by analyst Wayne Lam. The rating remains unchanged from the previous evaluation.
However, there has been an adjustment in the price target for Hecla Mining (HL, Financial). The price target has been lowered from USD 6.00 to USD 5.00. This represents a decrease of 16.67% in the price target for the stock.
The adjustment reflects TD Securities' updated projections and evaluation of the current market conditions impacting Hecla Mining (HL, Financial). Investors may want to consider these changes while assessing their holdings in Hecla Mining.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Hecla Mining Co (HL, Financial) is $7.20 with a high estimate of $11.50 and a low estimate of $5.50. The average target implies an upside of 53.35% from the current price of $4.70. More detailed estimate data can be found on the Hecla Mining Co (HL) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Hecla Mining Co's (HL, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hecla Mining Co (HL, Financial) in one year is $6.46, suggesting a upside of 37.59% from the current price of $4.695. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hecla Mining Co (HL) Summary page.
