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Hecla Mining price target lowered to $6 from $6.50 at Roth Capital

Roth Capital analyst Joe Reagor lowered the firm’s price target on Hecla Mining (HL) to $6 from $6.50 and keeps a Buy rating on the shares. Q1 results were “mixed” and the company increased its total cost guidance at two mines, says the analyst, who notes the firm’s target revision is due mainly to higher cost expectations at Casa Berardi and Lucky Friday.

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