Looking at any chart since October 2012, we can see ageneral overall downtrend in [COLOR=#e06666]Gold,Silver and the XAU. Alongthe way, there were two positive daily up trends interspersed, both of whichfailed. The question is why.[/COLOR]
Change i...
Seabridge Gold (tsx:sea) and Hecla Mining Company (nyse:hl) are two companies that investors can't seem to figure out. Prior to the temporary shutdown of Lucky Friday, Hecla was one of if not the largest pureplay silver producer in the United States. After the Lucky Friday incident, investors fled the company resulting in an immediate loss of 30% of its silver output, half of its lead output and some of its reputation. But today, Hecla is...
Shares of Hecla Mining Co. (NYSE:HL) have been beaten up during what should be extremely bullish conditions for the largest silver miner in the United States.
I think that presents some value for investors willing to take a contrarian view.
As I write this, Hecla Mining is down 50% in the past 52 weeks. I honestly find this situation a headscratcher − especially in light of where silver prices may be headed.
What's more, the company is sitting on a horde...
February 22nd, 2012 By Dr. Jeffrey Lewis
Hecla Mining Co. (NYSE: HL), the largest primary silver producer in the United States, announced its fourth quarter and full year earnings results on Tuesday, February 21st, showing record yearly revenue o...
Company Profile:
Hecla Mining Company (NYSE:HL) was incorporated in 1981 and is engaged in discovery, acquisition, development, production and marketing of silver, gold, lead and zinc. Based in Coeur d’Alene, Idaho, the company is involved in production of lead, zinc and bulk concentrates which are sold to custom smelters. The company’s properties and projects include Greens [...]
Courtesy of John Rubino.
Gold and silver mining stocks will be the dot-coms of the second half of this decade. Yet most of the people who bet on them will lose money because they ignore the first rule of speculative sectors, which is that no matter how well the sector does, most of its constituent companies [...]
Yesterday's morning pick Pdl Biopharma is still trading below that key resistance level of $6.25 but if the markets, like rising tides, increase it could trigger a breakout at any time.
My morning pick today is: Hecla Mining HL
How does this company make money?
According to Hecla Investor Relations, HL was established in 1891 in northern Idaho’s Silver Valley, Hecla Mining Company has distinguished itself as a respected precious metals producer with a rich mining history. Hecla is the...
It looks like stocks are attempting to stage a tepid attempt at rebounding from Monday and Tuesday’s sell off this morning — but investors beware, nothing has really changed at this point. Europe remains a major problem for U.S. investors, and until that’s actually resolved, investors should expect volatility to be a major concern in [...]
A number of really interesting developments have occurred so far this week. Newmont is making fresh new highs and attached a dividend to rise in turn with the commodity itself. Three hours later, Hecla Mining issued a similar sort of plan. The se...
Hecla Mining Company (NYSE:HL) reported the fall of 5.79% to close at $8.95 with overall traded volume of 19.45 million shares in the last trading session. Its price to earnings ratio stands at 30.86 times till its last trading session. The RSI value of 34.31 times depicts that the current share value is in oversold [...]
Silver prices have been volatile in November. While the Fed’s QE2 announcement sent silver prices to 30-year highs, concerns that China may increase interest rates have caused a recent pullback.(...)Read the rest of The Silver Market Is Becoming More Volatile — Could This Be a Bubble? (SLV, HL)
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Below are the top silver stocks on the NYSE, the NASDAQ and the AMEX in terms of cash.
Silver Wheaton Corp (NYSE: SLW) had $322.90 million in total cash and $121.46 million in total debt for the latest quarter.
Hecla Mining Company (NYSE: HL) had $197.38 million in total cash for the latest quarter. HL's total debt stood at $4.66 million in the same period.
Silvercorp Metals Inc (NYSE: SVM) had $106.09 million in total cash and no debt for the latest quarter.
Mag Silver Corporation...
Hecla Mining Co. (NYSE: HL) had a "lucky" Friday, where Hecla "focused on developing new shaft at this [Denver] mine. The 4,000 feet long shaft with capacity of 1,200 tpd could go as deep as 8,800 feet below surface. Management expects completion of shaft in 2014. Capital requirement for this project is $150-$200 million. This project has the potential to extend life-of-mine and make Lucky Friday a 5 million ounces/year producer. We note final decision on the shaft is yet to be made; expect...
Below are the top silver stocks on the NYSE, the NASDAQ and the AMEX in terms of operating margin.
The trailing-twelve-month operating margin at Silvercorp Metals Inc (NYSE: SVM) is 59.21%. SVM's quarterly earnings gained 88.30% y/y.
The trailing-twelve-month operating margin at Silver Wheaton Corp (NYSE: SLW) is 53.43%. SLW's quarterly earnings advanced 188.80% y/y.
The trailing-twelve-month operating margin at Hecla Mining Company (NYSE: HL) is 29.00%. HL's quarterly earnings surged...
Using information disseminated in the chat room, we took a casual swing at Hecla yesterday that was based on a minor impulse leg and a strong tout from our friend Phil Calderone. I will formalize the effort to get long in this stock if an exceptional opportunity arises, but at this moment I do not share Phil's [...]
Our friend Phil Calderone sent us a note recently asserting that Hecla Mining (HL) and Central Fund (CEF) were as close to a "sure thing" as any bullion plays he's seen in years. From a Hidden Pivot perspective, CEF became a speculative "buy" this morning, although Hecla, trading for 5.24 at this moment, would need t hit 5.37 to [...]
Rising gold and silver prices push our silver picks Coeur d’Alene Mines Corp. (NYSE:CDE), Silver Wheaton (NYSE:SLW), Hecla Mining Co. (NYSE:HL) well into the black.
Gold’s been going up, knocking at the $1,000-an-ounce gate. Why exactly I can’t tell you… its principal bullish factor, inflation, being vortually non-existent in today’s deflationary market.
That leaves the fear of [...]
Rollercoaster patterns on the charts for today. New lows still outpacing new highs. We stopped out on HL today, but we protected that profit! ANF is a bit infuriating, but one can surely see why Chuck set the stop so high on this one. It should keep us from getting stopped out prematurely in the [...]
Two new trades added to the portfolio. HL hit the confirmation point and closed up 14% today. In addition, AZK also hit confirmation price and did very nicely as well today. The mining sector broke out of consolidation as we were watching for and is why we chose these stocks. I jumped the gun by accident [...]
HAVING niche information and communications technology (ICT) applications with significant and marketable intellectual properties are must-have selling points for local technopreneurs seeking venturecapital (VC) funding. Apart from having proprietary in- house technology, technopreneurs must also have a committed team and are able to demonstrate the ability to leverage on first-mover advantage.Above all, funding requests must [...]
A holistic strategy involving all relevant Government agencies is needed to increase the participation of Bumiputera-owned companies and entrepreneurs in the local information and communicationstechnology (ICT) sector. Despite the promise of the sector, which analysts say will continue to grow this year, Bumiputera-owned ventures only constitute about six per cent. This is based on [...]
THE economic stimulus package announced by Prime Minister Datuk Seri Dr Mahathir Mohamad last week is expected to give a boost to the local information and communications technology (ICT) industry,leading to better growth than previously projected. While there were none specific to the ICT industry, the overall incentives are meant for the development of [...]