UPDATE: Global Hunter Securities Initiates Coverage on Hecla Mining - Hecla Mining (NYSE:HL)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

According to a research report published this morning, Global Hunter Securities has initiated Hecla Mining Co. (NYSE: HL) with a Neutral rating and $4.85 PT.In the report, Global Hunter Securities commented, "Hecla Mining (HL) has been knocked down but not out in the past six months. While the company has suffered a major setback with the mandated closure of the Lucky Friday Mine, we believe it is on solid ground with its Greens Creek Mine continuing to operate at a high level and the ability to return to a silver growth story in 2013. In our opinion, HL represents meaningful exposure to the silver market, but with the risk of the Lucky Friday Mine taking much longer than anticipated to return to production."Hecla Mining is currently trading at $4.41.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!