Hecla Mining (HL) Looks Good: Stock Adds 6% in Session
Hecla Mining Company HL was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $2.69 to $2.99 in the past one month time frame.
The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Hecla Mining currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Hecla Mining Company Price
Hecla Mining Company Price | Hecla Mining Company Quote
A better-ranked stock in the Basic Materials sector is Allegheny Technologies Incorporated ATI, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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