TD Securities analyst Wayne Lam lowered the firm’s price target on Hecla Mining (HL) to $5 from $6 and keeps a Hold rating on the shares. The firm updated the company’s model on the Q1 report. The Keno Hill ramp-up remains challenged as cost pressures are rising at key operations, the analyst tells investors in a research note.
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Read More on HL:
- Hecla Mining Reports Record Revenues and Growth in Q1 2025
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- Cautious Outlook on Hecla Mining Due to Operational and Financial Challenges
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