Hecla Mining Company (NYSE:HL) is one of the stocks Jim Cramer shared insights on. A caller asked Cramer about an SEC filing showing the company sold 33 million shares, with 66 million more registered, and sought insight into how to track the situation. He replied:
“No, this is not unusual. Hecla, well, I just think it’s not a, you know, look, I hate to say it’s, I just don’t think it’s a high-quality mine. Pan-American for silver and Agnico Eagle for gold, those are the two, not going away.”
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Hecla Mining (NYSE:HL) produces silver, gold, lead, and zinc through its mining operations and supplies concentrates and doré to smelters and processors. The company’s activities support the extraction and delivery of precious and base metals for commercial use. The company recently announced that it will release its operational and financial results after August 6 market close.
In the prior quarter, Hecla (NYSE:HL) reaffirmed its 2025 production outlook for Greens Creek, Lucky Friday, and Casa Berardi, while lowering cost estimates at Greens Creek due to improved by-product credits. The cash costs were projected between $0.25 and $0.75 per silver ounce. Keno Hill is set to deliver 2.7 to 3.1 million ounces of silver.
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