Hecla Mining (HL) Trading Down Nearly 6%

Hecla Mining Company (HL) shares are dropping sharply, in an otherwise up market, especially for Metals & Mining sector.

The equity is currently down 5.47% at $10.20 per share during Monday afternoon trading – day’s range: $10.10 – $11.08. Volume is heavy, already surpassing the daily average volume of 12.9 million by 2 million shares.

Hecla Mining has next major support at the 50-day moving average, last at $10.02. The median Wall Street price target on the stock is $11.00 with a high target of $13.50.

Hecla Mining Company engages in the production, and marketing of silver, gold, lead, and zinc. The co. was founded in 1891 and is headquartered in Coeur d’Alene, Idaho.

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