Monday, January 26, 2015

Top 5 Quality Stocks To Own Right Now

Top 5 Quality Stocks To Own Right Now: Hecla Mining Co (HL)

Hecla Mining Company, incorporated on August 7, 2006, is engaged in discovering, acquiring, developing, producing, and marketing silver, gold, lead and zinc. The Company operates in two segments: the Greens Creek unit and the Lucky Friday unit. Its wholly-owned subsidiary is Hecla Alaska LLC. The Company produces zinc, lead and bulk concentrates at its Greens Creek unit and lead and zinc concentrates at its Lucky Friday unit, which it sells to custom smelters on contract, and unrefined gold and silver bullion bars (dore) at Greens Creek, which are sold directly to customers or further refined before sale to precious metals traders. The concentrates produced at its Greens Creek and Lucky Friday units contain payable silver, zinc and lead, and the concentrates produced at Greens Creek also contain payable gold. During the year ended December 31, 2012, the Company produced 6,394,235 ounces of silver, 55,496 ounces of gold, 21,074 tons of lead and 64,249 tons of Zinc. Effectiv e February 26, 2013, Hecla Mining Company, through its wholly owned subsidiary, acquired a 24.73% stake in Brixton Metals Corp. In June 2013, the Company announced that its acquisition of Aurizon Mines Ltd is complete.

The Greens Creek Unit

Greens Creek is located on Admiralty Island, near Juneau, Alaska. The Greens Creek unit is 100% owned. During the year ended December 31, 2012, Greens Creek contributed 100%, of its consolidated revenue.

The Lucky Friday unit

The Lucky Friday unit is located in northern Idaho. Lucky Friday is 100% owned by the company.

Advisors' Opinion:
  • [By Jon C. Ogg]

    This is helping to boost Hecla Mining Co. (NYSE: HL). 24/7 Wall St. recently named nine stocks that could double in 2014, and Hecla was one of those nine stocks. Hecla is trying to turnaround after a series of unfortunate events. To highlight just how bad this was, Hecla’s stock price start! ed imploding before it became the norm for gold and silver miners to begin imploding. Yet its chart is at a critical inflection point.

  • [By GuruFocus]

    Arnold van den Berg did bought heavily into good miners and oil producers heavily during the first quarter. These companies include Apache (APA), Diamond Offshore Drilling (DO), Randgold (GOLD), Yamada gold (AUY), Hecla Mining (HL) etc. You can see the complete list of his new buys here.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-5-quality-stocks-to-own-right-now-2.html

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