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StockNews.com
StockNews.com
Business
Nimesh Jaiswal

Does Hecla Mining Deserve a Place in Your Portfolio?

Hecla Mining Company (HL) in Coeur d'Alene, Idaho, discovers, acquires, develops, and produces precious and base metal properties internationally. The company reported mixed fourth-quarter results. While its revenue for the quarter came in at $185.10 million, it missed the consensus estimate by 6.3%. However, HL’s $0.02 EPS met the Street’s estimate.

The stock has declined  3.3% in price over the past month to close Friday’s trading session at $6.75. In addition, it is currently trading 28.5% below its 52-week high of $9.44, which it hit on June 14, 2021. 

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