Topic: Growth Stocks

HECLA MINING COMPANY $3.33 – New York symbol HL

HECLA MINING COMPANY $3.33 (New York symbol HL; TSINetwork Rating: Extra Risk) (208-769- 4100; www.hecla-mining.com; Shares outstanding: 369.4 million; Market cap: $1.2 billion) explores for, mines and processes silver and gold in the U.S. and Mexico.

Recently, the company agreed to buy Revett Mining Company (symbol RVM on New York) for $20 million in Hecla shares.

Hecla will keep moving ahead with permitting on Revett Mining’s Rock Creek project in northwestern Montana.

Rock Creek is considered one of North America’s largest undeveloped silver and copper deposits, with up to 229 million ounces of silver and 2.0 billion pounds of copper. The project is about 50 miles north of Hecla’s Lucky Friday mine in Idaho.

Hecla Mining is a buy.

Comments

Tell Us What YOU Think

You must be logged in to post a comment.

Please be respectful with your comments and help us keep this an area that everyone can enjoy. If you believe a comment is abusive or otherwise violates our Terms of Use, please click here to report it to the administrator.