Hecla Mining (HL) Rockets to All-Time High on Silver Rush. Time to Sell?

We recently published 10 Stocks With Eye-Popping Double-Digit Gains; 4 Hit All-Time Highs. Hecla Mining Company (NYSE:HL) was one of the top performers on Tuesday.

Hecla Mining soared to a new all-time high on Tuesday, mimicking the rally in spot prices of silver, as investor funds shifted to safer assets amid ongoing geopolitical tensions, while repositioning portfolios ahead of business updates.

During the day, the spot prices of silver clawed back to the $81 territory, a few bucks shy of its highest level of $83, as investor funds flew to precious metals for safety while in a wait-and-see mode for developments surrounding the United States’ invasion of Venezuela.

The higher silver prices spilled over to mining companies, such as Hecla Mining Company (NYSE:HL), First Majestic Silver, and Pan American Silver, among others.

In other news, Hecla Mining Company (NYSE:HL) said that it would hold an Investor Day on January 26, where it would discuss its strategy, finance, operations, exploration, sustainability and innovation. The event will also coincide with its 135^th founding anniversary.

"Achieving 135 years of mining operations is a reflection of Hecla's persistence in improving operational performance and our ability to work through challenging times. The transformational year of 2025 exemplified this resilience, positioning us as the premier silver company, while delivering disciplined capital allocation and meaningful debt reduction,” said Hecla Mining Company (NYSE:HL) President and CEO Rob Krcmarov.

“We now have the brightest outlook in our history and are positioned to surface value for shareholders while remaining steadfastly committed to our silver-focused strategy,” he added.

While we acknowledge the potential of HL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.