Hecla Mining is Golden

Shares of Hecla Mining (NYSE: HL) are up over 7% in the morning trade after an upgrade by Rodman and Renshaw. They raised their target from $6.25 to $8. The stock is already up over 500% since November.

Hecla Mining options are receiving small lots of calls trading. Calls are outpacing puts in the name in the Dec., Jan., and Mar. contracts. $6 and $7 strikes are the ones in demand.