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Stock impact report

Hecla Mining Refocuses On Silver As Casa Berardi Sale Reshapes Growth [Yahoo! Finance]

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: Yahoo! Finance
Hecla Mining (NYSE:HL) has agreed to sell its Casa Berardi gold mine to Orezone Gold, refocusing on its core silver portfolio. The transaction includes cash, stock, and contingent payments, with proceeds directed toward exploration and pre-development across Hecla's silver assets. The company plans to significantly increase its exploration budget following the deal, which management links to a silver centered strategy. For you as an investor, the Casa Berardi sale is a clear signal that Hecla Mining is concentrating on what it identifies as its core strength: silver production. The company already positions itself as a leading silver producer, and this move reshapes its asset base toward that focus at a time when many miners are reassessing portfolios and capital allocation priorities. Hecla's plan to put more capital into exploration and pre-development could change the mix and potential scale of future projects within its silver pipeline. As the transaction closes and the n Show less Read more
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