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Stock Market & Financial Investment News

News Breaks
March 8, 2013
07:10 EDTHLHecla Mining upgraded to Buy from Neutral at Global Hunter
Global Hunter views Hecla (HL) as attractively valued with or without Aurizon Mines (AZK), especially with Greens Creek operating more efficiently. Price target is $6.25.
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May 10, 2013
08:27 EDTHLHecla Mining says Aurizon Mines shareholders voted in favor acquisition
On May 9, Aurizon Mines (AZK) shareholders voted in favor of the Hecla (HL) acquisition, the company announced. Hecla said it expects to complete the acquisition of Aurizon during the second quarter upon receipt of Investment Canada regulatory approval. Aurizon's core asset is the Casa Berardi gold mine in Quebec, Canada, with 2013 gold production estimated by Aurizon of 125,000-130,000 ounces. Also, subsequent to the first quarter, Hecla completed a $500M offering of 6.875% Senior Notes due 2021, which will partially fund the acquisition, it said.
08:24 EDTHLHecla Mining reports Q1 adjusted EPS 1c, consensus 4c
Reports Q1 revenue $76.5M, consensus $94.78M. Reports Q1 silver production 1.9M ounces at a cash cost of $7.02 per ounce, net of by-products.
May 9, 2013
15:27 EDTHLNotable companies reporting before tomorrow's open
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