Hecla gives investors a top silver play

Article Excerpt

HECLA MINING $6.16 (New York symbol HL; TSINetwork Rating: Extra Risk) (www.hecla-mining.com; Shares ooutstanding: 537.0 million; Market cap: $3.3 billion; Dividend yield: 0.2%) produced 3.5 million ounces of silver in the quarter ended June 30, 2021. That was up 3.6% from 3.4 million a year earlier. Due to the increased silver production, as well as higher gold and silver prices, Hecla’s cash flow per share rose 30.0% in the latest quarter, to $0.13 from $0.10. Silver and gold prices will heavily influence Hecla’s share price. That’s the same for most producers. Meanwhile, over the last two years, the stock is up over 224%, but we think it can go higher. Hecla Mining is still a buy. buy…