On June 23, Hecla Mining fell 6.96% in regular trading, trading at $15.1/share, with turnover of $61.06 million. The decline was driven by a broad selloff in precious metals as gold and silver prices continued to slide, weighing heavily on the mining sector.

The pullback in gold and silver prices triggered widespread selling across precious metals stocks. Pan American Silver previously fell over 7%, while Hecla Mining and Coeur Mining each dropped more than 8% during regular trading. Within the Silver sector, First Majestic Silver fell 5.5%, Endeavour Silver declined 5.38%, Silvercorp Metals dropped 4.66%, Aya Gold & Silver lost 5.37%, and New Pacific Metals slipped 2.35%.

Hecla Mining, incorporated in 1891, is one of the oldest precious metals mining companies in the United States. The company mines for silver, gold, lead, and zinc concentrates, as well as doré containing silver and gold. It operates mines across Alaska, Idaho, Yukon Territory in Canada, Quebec in Canada, and Durango, Mexico. The stock currently trades at approximately 39 times trailing earnings.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)