Key Takeaways Silver is rising sharply as investors flock to safe-haven assets amid global uncertainty.Industrial demand from electronics, EVs, and solar panels is also boosting silver prices.PAAS, HL and WPM are well-positioned to benefit from silver's ongoing rally.Silver prices are catching investors’ attention around the world right now. Spot silver has crossed $94/ounce amid fresh political disputes over Greenland. The metal has already gained around 30% this year, building on last year’s extraordinary ...

Shares of Silvercorp Metals Inc. (NYSE:SVM) climbed 6.90% during the pre-market trading session on Tuesday, after silver extended its rally and spot price crossed the $95 mark. Other silver miners, Hecla Mining Company (NYSE:HL) , which owns the Greens Creek Mine in Alaska, also experienced a 6.56% increase, while First Majestic Silver Corp. (NYSE:AG) and Endeavour Silver Corp. (NYSE:EXK) were up 5.5% and 4.5% respectively.Precious Metals Jump On Political UncertaintyThe surge in silver and gold prices come ...

Group 1 - The core point of the article highlights a significant decline in spot silver prices, which fell below $88 per ounce [1] - Silver-related stocks in the U.S. market experienced weakness, with notable declines in several companies [1] Group 2 - Hecla Mining (HL.US) saw a drop of over 1.3% [1] - First Majestic Silver (AG.US) decreased by more than 1% [1] - Pan American Silver (PAAS.US) fell by 2% [1] - Coeur Mining (CDE.US) experienced a slight decline of 0.24% [1]

Key Takeaways HL boosted silver output in Q3 as Greens Creek, Lucky Friday, and Keno Hill delivered solid production resultsHL is investing in Greens Creek and advancing projects to expand capacity and access higher-grade ore.HL's growth outlook is supported by Keno Hill gains and approval to start Polaris exploration in 2026.Hecla Mining Company (HL) is benefiting from strong performance across its operating assets. In the third quarter of 2025, the company’s Greens Creek mine in Alaska produced 2.3 millio ...

Group 1 - Hecla Mining Company (NYSE:HL) experienced a significant stock surge, reaching an all-time high with an intra-day increase of 10.8% and closing 8.95% higher at $24.46 per share, driven by a flight to safer assets amid geopolitical tensions [1][2] - The rise in Hecla Mining's stock price was in line with other mining companies, as gold and silver prices hit new all-time highs of $4,600 and $86 respectively, influenced by geopolitical tensions between the US and Iran [2] - Concerns regarding the independence of the US Federal Reserve have heightened investor caution, particularly after Chairman Jerome Powell faced threats from President Trump over disagreements on interest rates [3] Group 2 - Hecla Mining is scheduled to hold an Investor Day on January 26, at 12:30 PM EST, to discuss its business strategy and outlook for the year, coinciding with its 135th founding anniversary [4]

Group 1: Precious Metals Market - The precious metals market experienced significant volatility, with gold prices dropping below $4580 per ounce and silver prices falling below $84 per ounce on January 13 [1][2][14] - On January 12, both gold and silver prices reached historical highs, with gold peaking at $4630.24 per ounce and silver rising over 6% to $86.237 per ounce [5][17] - Analysts suggest that the recent price movements in precious metals are influenced by increased criticism of the Federal Reserve by the Trump administration, leading to reduced investment in U.S. assets [5][17] Group 2: U.S. Stock Market Performance - The U.S. stock market saw all three major indices close higher on January 12, with the Dow Jones Industrial Average and S&P 500 reaching new highs [6][19] - The Dow Jones rose by 86.13 points (0.17%) to close at 49,590.20 points, while the Nasdaq increased by 62.56 points (0.26%) to 23,733.90 points, and the S&P 500 gained 10.99 points (0.16%) to finish at 6,977.27 points [7][19] - Notable gains were observed in popular Chinese stocks, with the Nasdaq China Golden Dragon Index rising by 4.26%, and Alibaba's stock increasing by over 10%, marking its largest single-day gain since August 29, 2025 [1][21] Group 3: Federal Reserve and Economic Outlook - Market expectations are leaning towards the Federal Reserve maintaining interest rates in January, with a 95% probability of no change and only a 5% chance of a 25 basis point cut [21] - The potential for a 25 basis point cut by March is estimated at 26%, while the probability of maintaining rates is 72.8% [21] - Trump is set to interview Rick Riedel for the position of Federal Reserve Chair, indicating ongoing political influence over monetary policy [22]

Core Insights - Gold and silver prices have reached record highs, with gold at approximately $4,600 per ounce and silver at $83.96 per ounce, driven by safe-haven demand amid geopolitical tensions and economic uncertainty [2][11] - The rally in precious metals is supported by expectations of interest rate cuts by the Federal Reserve, which typically benefits non-yielding assets like gold and silver [3][6] Market Drivers - Geopolitical tensions, particularly unrest in Iran and strained U.S.-Europe relations, have heightened safe-haven buying [4] - Political pressure on the Federal Reserve and controversies surrounding its leadership have contributed to increased demand for precious metals [5] Investment Opportunities - Agnico Eagle Mines Limited (AEM) is a leading gold producer with strong growth prospects, reporting record adjusted net income and a Zacks Rank 1 (Strong Buy) [8][10] - Royal Gold Inc. (RGLD) has diversified its portfolio and reported record revenues, with a Zacks Rank 1, indicating strong growth potential [12][13] - Pan American Silver Corp. (PAAS) has expanded its silver reserves and reported significant revenue growth, also holding a Zacks Rank 1 [14][16] - Hecla Mining (HL), the largest silver producer in the U.S. and Canada, is advancing its projects and has a Zacks Rank 2 (Buy), indicating solid growth prospects [17][19]

Core Insights - Silver North has successfully completed its 2025 drill program at the Haldane Project, located in the Keno Hill Silver District, which is known for its prolific silver production [3][4] - The company has made significant discoveries, particularly at the Main Fault target, which shows high-grade silver and gold mineralization [6][14] - The upcoming 2026 drill program is expected to be transformative, with plans for increased drilling and exploration activities [16][21] Group 1: Project Overview - The Haldane property spans 8,579 hectares and is strategically located near Hecla Mining's Keno Hill silver mine [3] - Silver North's Main Fault discovery is notable for its high-grade silver and gold, with drilling revealing significant continuity and potential for further exploration [6][15] - The company aims to achieve a 30-million-ounce silver deposit, aligning with the average production of silver mines in the Keno Hill District [24][25] Group 2: Drill Results - The 2025 drill program included eight holes totaling 1,759.8 meters, successfully testing the Main Fault structure [5] - Notable drill results include 3.2 meters averaging 2,014 g/t silver and 1.72 g/t gold, and another interval showing 1,112 g/t silver and 4.61 g/t gold [7][10] - The Main Fault has been extended to 100 meters on strike and 150 meters down dip, indicating substantial mineralization potential [11][23] Group 3: Future Plans - Silver North has raised $2.25 million and is preparing for a $5 million exploration budget for 2026, focusing primarily on the Main Fault [21] - An airborne survey is planned for March-April 2026 to further assess the mineralization [21] - A separate $500,000 program is planned for the Veronica property, emphasizing geophysical studies to identify drill targets [22]

Core Insights - Hecla Mining Company's shares have increased by 66.3% over the past three months, outperforming the industry and the S&P 500, which returned 40.5% and 4.1% respectively [1] - The company's stock closed at $21.37, nearing its 52-week high of $22.28, and significantly above its 52-week low of $4.46, indicating strong upward momentum [4] Performance Metrics - In Q3 2025, Hecla Mining produced 4.6 million ounces of silver, a 1.5% increase from the previous quarter, and reported revenues of $409.5 million, up 35% sequentially due to higher metal prices and increased sales volumes [9] - The Greens Creek mine was a key contributor, producing 2.3 million ounces of silver and 15,600 ounces of gold during the same quarter [10] - The company generated approximately $90 million in free cash flow and reduced net leverage from 0.7x to 0.3x by the end of Q3 2025 [14] Operational Developments - The Lucky Friday project produced 1.3 million ounces of silver, benefiting from higher milled grades and stable operations, with a surface cooling project expected to enhance access to deeper ore by 2026 [11] - The Keno Hill project showed a 20% increase in silver production to 898,328 ounces, supported by improved power reliability and higher milling rates [12] - Hecla Mining's Polaris Exploration Project has received approval to begin exploration activities in 2026, and early drilling at the Midas Project has shown promising results [13] Financial Health - The company reported an increase in all-in-sustaining costs (AISC) per ounce to $11.01, up from $5.19 in the previous quarter, due to higher labor costs and increased capital spending [15] - Hecla Mining is trading at a trailing price-to-earnings ratio of 36.85X, compared to the industry average of 18.34X, with peers Pan American Silver and Avino Silver at 14.66X and 21.52X respectively [20] Future Outlook - The steady advancement of core operations and exploration projects positions Hecla Mining for sustained growth, despite facing near-term challenges such as rising operating costs [21] - The Zacks Consensus Estimate for the company's bottom line for 2025 has increased by 5% in the past 60 days, indicating positive market sentiment [18]

Core Viewpoint - The precious metals market is experiencing a liquidity shock triggered by the rebalancing of the Bloomberg Commodity Index, leading to significant declines in gold and silver prices and related mining stocks [1] Group 1: Market Performance - Gold and silver stocks opened lower, with Hecla Mining (HL.US) down over 5%, First Majestic Silver (AG.US) and Endeavour Silver (EXK.US) down over 4%, and Coeur Mining (CDE.US), Pan American Silver (PAAS.US), and Gold Fields (GFI.US) down over 2% [1] - Spot silver fell over 4% to $74.48, while spot gold decreased by 0.5% to $4,433.37 [1] Group 2: Index Rebalancing Impact - The current adjustment in the precious metals market is directly linked to the annual weight rebalancing of the Bloomberg Commodity Index, which started on January 8 and will continue until January 14 [1] - Gold's weight in the index was reduced from 20.4% to 14.9%, and silver's weight was significantly cut from 9.6% to 3.94%, forcing passive funds tracking the index to make mechanical position adjustments [1] Group 3: Analyst Insights - Deutsche Bank analyst Michael Hsueh noted that the rebalancing is unfavorable for precious metals but beneficial for crude oil [1] - Silver is expected to face the largest selling pressure from the rebalancing, followed by aluminum and gold [1] - Hsueh estimates that a sale of 2.4 million ounces of gold could lead to a price drop of 2.5%-3.0%, depending on the sensitivity model and time window used for ETFs [1]