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-0.000587739248204923 -0.000587739248204923 -0.00160989446247419 -7.66616410701994E-05 0.00247872639460305 0.00375642041243959 -0.00927605856949376 -0.00569851531955125
Stock impact report

Why Hecla Mining Stock Crashed 52% From 52-Week High in March [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
That decline represented a staggering 52% retreat from its 52-week high, a peak it reached less than two months ago. Hecla closed an asset sale last month and plans to use the proceeds to repay debt. While the move bolsters its financials, the underlying prices of precious metals remain the primary driver of Hecla's stock price. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Why did Hecla Mining stock drop so much? Because silver as an asset does not pay interest, it often loses appeal compared to bonds when inflation remains high. With the Federal Reserve keeping interest rates unchanged because of stubborn inflation, silver plunged in March, including a more than 10% single-day drop on March 19. Gold struggled as well, despite the Iran war. Surging Treasury yields, a strong Show less Read more
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