HL Hecla Mining Company

[gandalf]

Hecla Mining Company (HL) was established in 1891 in northern Idaho?s Silver Valley.

Hecla is a lowest-cost primary silver producer in North America, producing 6 million ounces of silver at an average total cash cost of $2.96 per ounce in 2005. Hecla also produced 140,559 ounces of gold at an average total cash cost of $337 per ounce.

Like Coeur d'Alene Mines Corp. (CDE), Hecla is trading below the first Elliot wave high (2004). Obviously there is still some catch up to do before this veteran mining stock will get more attention.

 

 

 

 

Gold and Silver Mining Stocks blog