Hecla Mining Shares Rise 3.6%

Analysts Weigh In on the Mining Company's Performance

Published on Mar. 9, 2026

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Hecla Mining Company's (NYSE:HL) stock price increased by 3.6% during mid-day trading on Monday, reaching $21.13 per share. The company's shares traded as high as $21.15 before closing at $20.39. Trading volume declined 22% from the average session volume to 20,453,515 shares.

Why it matters

Hecla Mining is a major precious metals producer, with operations focused on silver and gold mining. The company's stock performance is closely watched by investors and analysts as an indicator of the broader mining industry's health and outlook.

The details

Several Wall Street analysts have recently weighed in on Hecla Mining. Scotiabank increased its target price on the stock from $15.00 to $25.00 and maintained a "sector perform" rating. HC Wainwright raised its price target from $16.50 to $36.50 and reiterated a "buy" rating. However, Zacks Research downgraded the stock from "strong-buy" to "hold."

  • Hecla Mining's stock price shot up 3.6% during mid-day trading on Monday, March 9, 2026.

The players

Hecla Mining Company

A diversified mining enterprise focused on the exploration, development, and production of silver and gold, with by-product credits from lead and zinc. The company's principal operations are located in North America and Latin America.

Scotiabank

A Canadian multinational bank that provided a research report on Hecla Mining, increasing its target price from $15.00 to $25.00 and maintaining a "sector perform" rating.

HC Wainwright

An investment bank that raised its price target on Hecla Mining from $16.50 to $36.50 and reiterated a "buy" rating.

Zacks Research

A research firm that downgraded Hecla Mining's stock from "strong-buy" to "hold" rating.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

Hecla Mining's stock performance is closely watched by investors and analysts as an indicator of the broader mining industry's health and outlook. While some analysts have raised their price targets and ratings, others have expressed more cautious views, reflecting the mixed sentiment around the company's prospects.