Advertisement
Australia markets open in 6 hours 49 minutes
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • AUD/USD

    0.6513
    +0.0013 (+0.20%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.44
    -0.37 (-0.45%)
     
  • GOLD

    2,340.90
    +2.50 (+0.11%)
     
  • Bitcoin AUD

    99,417.23
    -87.70 (-0.09%)
     
  • CMC Crypto 200

    1,389.67
    +7.10 (+0.51%)
     

Why Hecla Mining Fell as Much as 12% This Week

Why Hecla Mining Fell as Much as 12% This Week

Shares of precious metals miner Hecla Mining (NYSE: HL) were lower by as much as 12% at one point this week according to data from S&P Global Market Intelligence. It has even tied its dividend to the price of silver, increasing the quarterly payment as silver prices rise. Precious metals miners are generally leveraged to the price of the commodities they produce.