|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3.79 - 3.92|
|52 Week Range||3.38 - 6.17|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 21, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||0.01 (0.25%)|
|1y Target Est||5.08|
Mining stocks’ correlation with gold is crucial since gold is the big brother of precious metals. The directional move in the remaining three precious metals—silver, platinum, and palladium—often depends on gold. For our correlation analysis, we’ll look at AngloGold Ashanti (AU), Hecla Mining (HL), Kinross Gold (KGC), and Eldorado Gold (EGO). Mining-based funds also have a high correlation with precious metals.
Precious metals were facing a down day as an extension to the losses from Thursday, March 8’s, losses. The decline in gold and other precious was mainly due to the strength of the US dollar against other currencies. The US dollar had risen almost 0.4% against the yen after the tumble last week, which followed the fear of trade wars due to tariffs.
As the new chairman of the Federal Reserve, Jerome Powell’s recent testimony also showed the Fed’s positivity about the economy’s outlook. The US dollar declined after President Donald Trump indicated that he wanted tariffs on imported steel and aluminum products. The US Dollar Index averaged 96.6 in 2017.
NEW YORK, March 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Hecla Mining Company today announced that Ressources Quebec, a wholly owned subsidiary of Investissement Québec, is making a C$40 million loan investment in Hecla .
Another critical factor that has been affecting the price movement of precious metals is overall market volatility, which is depicted by the CBOE Volatility Index (or VIX). Also, the worries about the interest rate hike have been critical in adding to the volatility in the market.
Stock Monitor: Great Panther Silver Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 28, 2018 / Active-Investors.com has just released a free research report on Hecla Mining Co. (NYSE: HL ). ...
Hecla Mining Company today announced that it has entered into a toll milling agreement with Excellon Resources Inc. in which sulphide ore from San Sebastian would be trucked 26 miles to Excellon’s Miguel Auza flotation mill facility, in Zacatecas, Mexico, for processing.
Motorists traveling through northern Idaho's Silver Valley will see the signs of a $48 million federal project to keep heavy metals out of the South Fork of the Coeur d'Alene River. The work to trap and ...
Hecla Mining Company (NYSE:HL), a metals and mining company based in United States, received a lot of attention from a substantial price movement on the NYSE in the over theRead More...