10 Best Silver Mining Stocks to Buy Right Now

4) Hecla Mining Company (NYSE:HL)

Average Upside Potential: 34.6%

Number of Hedge Fund Holders: 26

Hecla Mining Company (NYSE:HL) is one of the largest primary silver producers in the US.

Hecla Mining Company (NYSE:HL)’s focus on its core assets in Canada and the U.S., while, at the same time, avoiding riskier regions like Mexico, exhibits its commitment to sustainable growth and shareholder value. The company continues to prioritize organic growth, operational improvements, and exploration while addressing debt concerns. Wall Street analysts remain optimistic about Hecla Mining Company (NYSE:HL)’s Keno Hill project.

At Keno Hill, Hecla Mining Company (NYSE:HL) already mined over 2.5 million ounces and produced 2.1 million ounces of silver this year. The company continues to prioritize building the foundation for this operation’s future to operate in Yukon successfully. This consists of improving safety and environmental practices and valuing the perspectives of the Yukon Government and the First Nation of Na-Cho Nyäk Dun.

During Q3 2024, the underground drilling continued to intersect high-grade silver mineralization over significant widths and demonstrated the potential for high-grade silver mineralization in the district.  With respect to Keno Hill (Yukon Territory), in 2025, Hecla Mining Company (NYSE:HL)’s environmental remediation services group is expected to increase construction activities. This will add incremental demand on Keno Hill’s infrastructure and resources. The company expects to advance permitting, investing in improving safety, environmental practices, and infrastructure, and prioritizing stakeholder engagement.