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Stock impact report

Gold Stocks Are Soaring (Again) on Gloomy Economic Data [The Motley Fool]

Hecla Mining Company (HL) 
Last hecla mining company earnings: 2/6 03:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hecla-mining.com
Company Research Source: The Motley Fool
What happenedThe coronavirus pandemic is abruptly altering the trajectory of the United States economy. The latest jobs report shows 6.6 million Americans filed jobless claims last week, bringing the three-week total to 6.8 million. For perspective, there are 8.7 million people officially employed in the entire state of California.The unprecedented surge in jobless claims reflects the economic uncertainty of the moment. Investors often seek out safe-haven investments during periods of uncertainty, which tend to include precious metals andgold and silver stocksShares ofCoeur Mining(NYSE:CDEHecla MiningNYSE:HLFirst Majestic SilverNYSE:AGPan American SilverNASDAQ:PAASImage source: Getty Images.So whatInitially, investors weren't sure what to make of the coronavirus pandemic. When the first U.S. states told citizens to stay indoors and refrain from non-essential travel, investors went on a selling spree. The value of assets ranging from stocks to bonds to precious metals all declined.Whil Show less Read more
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