H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Hecla Mining Company today and set a price target of $12.50.
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Heiko Ihle has given his Buy rating due to a combination of factors including Hecla Mining Company’s strong financial performance in the second quarter of 2025. The company reported significant increases in both sales and net income compared to the previous year, driven by higher gold and silver prices and increased production volumes. Additionally, Hecla’s management has improved their production outlook and achieved cost reductions, further enhancing the company’s financial health.
Another reason for the Buy rating is Hecla’s strategic capital allocation, which includes reducing its net leverage ratio and partially redeeming high-interest debt. This move reflects a prudent approach to managing financial resources and strengthens the company’s balance sheet. Furthermore, the revision of precious metal price estimates, which have risen significantly, supports the potential for continued growth in Hecla’s market value, making it an attractive investment opportunity.
Ihle covers the Basic Materials sector, focusing on stocks such as Integra Resources Corp, Gold Resource, and McEwen Mining. According to TipRanks, Ihle has an average return of 26.1% and a 62.68% success rate on recommended stocks.