Here's Where Things Went Wrong for Hecla Mining Co. in 2017
This past year started off well for Hecla Mining (NYSE: HL). After a 2016 in which it skyrocketed 177%, the silver and gold miner surged another 23% to start 2017. However, the stock lost its footing in February, and, after partial a recovery that petered out in early June, stuttered and slid for the rest of the year. After tanking another 20% last month, its year-to-date decline hit 28% in mid-December.
Here's a look at what went wrong this year for the company, and Hecla's prospects for a rebound in 2018.
Image source: Getty Images.
Source: Fool.com
Hecla Mining Corp. Stock
€5.29
-1.880%
With 17 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 6 € shows a slightly positive potential of 13.46% compared to the current price of 5.29 € for Hecla Mining Corp..
