BMO Capital Maintains Outperform on Hecla Mining

BMO Capital is out with its report today on Hecla Mining (NYSE: HL), maintaining Outperform.

In its report, BMO Capital writes, "Given execution to date, BMO Research expects shaft sinking to progress on schedule. While the expansion of Lucky Friday exploration is positive in BMO's view, the integration of new areas will require reserve delineation and increased mill capacity."

BMO Capital Maintains a $12 PT on HL.

At the time of posting, shares of HL were trading at $5.71, up 0.35% from Friday's close.