Hecla Mining price target raised to $16 from $12 at Roth Capital

Roth Capital analyst Joe Reagor raised the firm’s price target on Hecla Mining (HL) to $16 from $12 but keeps a Sell rating on the shares. The firm is adjusting its model to reflect the company’s Q4 production results, 2026 guidance, and the sale of the Casa Berardi Mine, along with higher precious metals prices, though it also notes that the stock is trading at a significant premium to historical multiples, the analyst tells investors in a research note.