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  • Moody's

    Hecla Mining Company -- Moody's upgrades Hecla's CFR to B3; outlook stable

    Moody's Investors Service ("Moody's") upgraded the Corporate Family Rating of Hecla Mining Company (Hecla) to B3 from Caa1, the probability of default rating to B3-PD from Caa1-PD and senior unsecured notes to Caa1 from Caa2. "The upgrade is supported by a meaningful improvement in Hecla's credit profile and Moody's expectations that operating performance will continue to strengthen over the next 12-18 months," said Botir Sharipov, Vice President and lead analyst for Hecla.