Why Miners Hecla, Endeavour Silver, Harmony Gold, and Coeur Rose as Much as 17% Today

Shares of precious metals miner Hecla Mining (NYSE: HL) were higher by about 16% at 2:30 p.m. EDT on May 17. Endeavour Silver (NYSE: EXK) and Coeur Mining (NYSE: CDE) were each up around 12%. And Harmony Gold (NYSE: HMY) was sitting with an 11% gain. Although each had traded slightly higher earlier in the day, they were all within about $1 of their peaks.

There was no particular news out of the companies, though Coeur did present at a conference. That said, gold and silver were higher today, which is likely the reason for the enthusiasm here.

Image source: Getty Images.

Source Fool.com