5 Best Zinc Stocks to Buy Now

2. Hecla Mining Company (NYSE: HL)

Number of Hedge Fund Holders: 16  

Hecla Mining Company (NYSE: HL) is an Idaho-based mining company founded in 1891. It is ranked second on our list of 10 best zinc stocks to buy now.  Hecla stock has returned more than 171% to investors over the course of the past twelve months. The company engages in the exploration and production of gold, silver and other precious metals. It also markets lead, zinc, bulk concentrates, and carbon materials, to clients. The company has stakes in mining properties in Idaho, Alaska, and Nevada. 

On May 6, Hecla Mining Company (NYSE: HL) reported quarterly earnings results for the first three months of 2021, posting earnings per share of $0.03, missing market estimates by $0.02. The revenue over the period was over $210 million, beating market predictions by $6 million.

At the end of the first quarter of 2021, 16 hedge funds in the database of Insider Monkey held stakes worth $39 million in Hecla Mining Company (NYSE: HL), up from 10 in the preceding quarter worth $38 million.