Hecla Mining (NYSE:HL) stands out as a significant entity in the Basic Materials sector, currently securing the #2 spot according to Zacks Sector Rank. This ranking system evaluates the collective strength of various industry groups by considering the average Zacks Rank of the stocks within them. Among the 253 companies in this sector, Hecla Mining boasts a Zacks Rank of #2 (Buy), signaling its potential to outperform the market in the near term.

On January 23, 2026, Canaccord Genuity established a price target of $26.5 for Hecla Mining. At that point, the stock was trading at $31.57, indicating a price difference of approximately -16.06% from the target. Presently, the stock is valued at $31.80, marking a price change of $0.51, or an increase of about 1.63%. The stock has experienced fluctuations, ranging from a low of $30.65 to a high of $32.16 today.

The market capitalization of Hecla Mining is roughly $21.3 billion, with a trading volume of 29.3 million shares. Over the past year, the stock has seen a high of $32.16 and a low of $4.46. This significant range highlights the inherent volatility within the mining industry, attributed to the ever-changing commodity prices and market conditions.

Despite the current price exceeding the target set by Canaccord Genuity, Hecla Mining's Zacks Rank of #2 (Buy) reflects a positive outlook for its future performance. This rank suggests that the company is well-positioned to surpass market expectations over the next one to three months.