Hecla Mining resumed with a Sector Perform at Scotiabank

Scotiabank analyst Eric Winmill resumed coverage of Hecla Mining (HL) with a Sector Perform rating and $15 price target The U.S.-based silver producer’s current valuation is at the high end of peers, but the firm sees upside potential driven by free cash flow generation, the advancement of non-producing assets such as Nevada toward production, and the successful realization of exploration potential, the analyst tells investors.