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Stock impact report

Why Hecla Mining Company (HL) Crashed on Tuesday [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
Wall Street's main indices bounced back from a bloodbath on Tuesday as investors gobbled up shares on hopes that the US-China trade tensions can subside. The Dow Jones rallied by 2.66 percent, the S&P 500 rose by 2.51 percent, and the Nasdaq surged by 2.71 percent. Despite a broader market optimism, 10 companies, predominantly gold miners, were heavily sold down amid lower gold prices. To come up with the list, we considered only the stocks with more than $1 billion in market capitalization and $5 million in trading volume. Aerial view of a gold mine, with its winding roads and pits. Hecla Mining Company (NYSE:HL) saw its share price drop by 4.88 percent to close at $5.65 apiece as investors sold off positions on gold mining stocks following the drop in gold prices. As of this writing, spot prices of gold were at $3,340.94 per ounce, marking a drop from the $3,500 territory in the previous trading session. Investors also shunned news that its Libby Exploration Project i Show less Read more
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