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Hecla Mining: Best Valued Silver Producer

 Jun 03, 2008 03:26 PM UTC
Return Risk
-19.04% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
HL Positive 06/03/08 -38.78% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

It is very hard to find a silver producer that is over 100
years old, has a balance sheet that includes 0 debt and $385 million of
total cash, and is selling for around 14 times next year's conservative
projected earnings.

Established in 1891 in northern
Idaho's Silver Valley, Hecla Mining
Company's (HL)
rich history of mining has distinguished it as
a respected precious metals producer. Hecla is the oldest U.S.-based
precious metals mining company and the lowest-cost primary silver
producer in North America. Now headquartered in Coeur d'Alene, Idaho,
with a sister office in Vancouver, B.C., this international, publicly
traded company is 117 years old.


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