Hecla Mining Shares Surge 38% Amid Focus on Gold Exploration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: stocktwits
- Stock Surge: Hecla Mining's shares have surged over 38% year-to-date, extending a massive 300% rally from 2025, reflecting the ongoing rise in gold and silver prices and indicating strong investor demand for safe-haven assets.
- New Project Approval: The company received U.S. approval for its Polaris Exploration Project last year, with exploration activities set to commence in 2026, enhancing its gold mining capabilities and laying the groundwork for future growth.
- Improved Market Sentiment: Retail sentiment towards Hecla Mining remains in the 'bullish' territory, with a 367% surge in message volume on Stocktwits over the past month, indicating strong market interest and confidence in the company.
- Record High Gold and Silver Prices: Spot gold rose 0.7% to $4,699.93 per ounce at 12:14 a.m. ET, while silver hit a record high of $94.72, further driving Hecla Mining's stock price increase.
Analyst Views on HL
Wall Street analysts forecast HL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HL is 15.42 USD with a low forecast of 12.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
2 Buy
3 Hold
1 Sell
Hold
Current: 25.220
Low
12.00
Averages
15.42
High
19.00
Current: 25.220
Low
12.00
Averages
15.42
High
19.00
About HL
Hecla Mining Company is a silver producer in the United States and Canada. The Company discovers, acquires and develops mines and other mineral interests and produces and markets concentrates containing silver, gold, lead, zinc and copper; carbon material containing silver and gold, and unrefined dore containing silver and gold. The Company's segments include Greens Creek, Lucky Friday, Keno Hill and Casa Berardi. The Greens Creek operation is located on Admiralty Island, near Juneau, Alaska. The Greens Creek ore body contains silver, zinc, gold and lead. The Lucky Friday mine is a deep underground silver, lead, and zinc mine located in the Coeur d’Alene Mining District in northern Idaho. The Casa Berardi mine is an underground/open-pit gold mine located in western Quebec. It owns 100% of the Keno Hill Silver Project, which is located within the Keno Hill Silver District in Canada’s Yukon Territory. The Company also owns a number of exploration and pre-development projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
