Fly News Breaks for January 7, 2020
Jan 7, 2020 | 16:21 EDT
CIBC analyst Cosmos Chiu upgraded Hecla Mining to Neutral from Underperformer with a price target of $3.75, up from $1.75. Hecla Mining reported 2019 full-year production ahead of guidance on silver and mostly in line with guidance on gold, due to the continued outperformance at Greens Creek, partially offset by decreases at Casa Berardi, Chiu tells investors in a research note. The analyst says the company is now "past the most critical point financially."
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