에 대한 최신 뉴스 Hecla Mining (NYSE:HL) 주식

Hecla Mining

Hecla Mining Co produces and explores silver, gold, zinc and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada , United States and Mexico and it derives a majority of its revenue from United States.

Commodities

AAUKF

2024년 5월 24일 주요 이슈: 클리블랜드 클리프(NYSE:CLF): 클리블랜드에 본사를 둔 이 철강 생산업체는 이전 목표를 예정보다 일찍 달성한 후 새로운 온실가스(GHG) 배출 감소 목표를 발표했다.

금요일 주요 광업 뉴스: 클리블랜드 클리프스, U.S. 스틸, 앵글로 아메리칸, 헤클라 마이닝

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2024년 5월 20일 주요 뉴스: 1. 일본제철(Nippon Steel)은 노조 지도자들과 바이든 행정부의 반대에도 불구하고 U.S. 스틸(NYSE:X)을 141억 달러에 인수하기 위해 노력을 강화하고 있다. 

월요일 주요 광업 뉴스: 일본제철, 헤클라 마이닝, BHP와 앵글로 아메리칸, 스틸 다이나믹스, 뉴코

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금요일은 최근 몇 년 동안 금속 원자재 가격이 가장 강한 날 중 하나가 될 것으로 예상된다. 금은 1.7% 이상 상승해 온스당 2,400달러를 넘어 사상 최고치를 기록했고, 은은 6% 이상 급등해 2013년 2월 이후 최고치까지 올랐으며, 구리는 사상 최고치를 기록했다.

은 가격은 11년 만에 최고치, 금과 구리는 사상 최고점 기록: 광산 주식 급등

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Shares of stocks in the broader metals and mining sector are trading higher in possible sympathy with Rio Tinto and Glencore who announced discussions regarding a potential merger, the largest in mining industry history.

Shares of stocks in the broader metals and mining sector are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

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Shares of precious metals stocks are trading lower amid a drop in gold prices following US economic data.

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Shares of precious metals stocks are trading higher amid strength in gold and silver prices. Gold may be rising amid reports of renewed China Central Bank purchases as well as geopolitical uncertainty following Assad's ouster in Syria.

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Shares of metals and materials companies are trading lower. The sector may be reacting to China's recent stimulus efforts which have struggled to buoy the economy and business conditions.

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Hecla Affirms 2024 Gold Production And Cost Outlook; Guidance For Silver Production Decreased And Cost Guidance Increased

Hecla Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) reported quarterly earnings of $0.03 per share which missed the analyst consensus estimate of $0.05 by 40 percent. The company reported quarterly sales of $245.09 million which beat the analyst consensus estimate of $229.40 million by 6.84 percent. This is a 34.73 percent increase over sales of $181.91 million the same period last year.

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Hecla Mining Q3 2024 Adj EPS $0.03 Misses $0.05 Estimate, Sales $245.09M Beat $229.40M Estimate

Hecla Mining's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) short percent of float has risen 10.84% since its last report. The company recently reported that it has 19.46 million shares sold short, which is 3.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.11 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hecla Mining Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730837717_0_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hecla Mining has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Hecla Mining's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hecla Mining's peer group average for short interest as a percentage of float is 3.59%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(HL) - Analyzing Hecla Mining's Short Interest

Hecla Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Hecla Mining to report an earnings per share (EPS) of $0.05.
Investors in Hecla Mining are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Past Earnings Performance</h3>
The company's EPS missed by $0.02 in the last quarter, leading to a 0.82% drop in the share price on the following day.
Here's a look at Hecla Mining's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.04</td>
<td>-0.01</td>
<td>-0.02</td>
<td>0</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.02</td>
<td>0.01</td>
<td>-0.04</td>
<td>-0.01</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-1.0%</td>
<td>11.0%</td>
<td>5.0%</td>
<td>-3.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730829699_0.png" alt="eps graph" />
<h3>Market Performance of Hecla Mining's Stock</h3>
Shares of Hecla Mining were trading at $6.32 as of November 04. Over the last 52-week period, shares are up 58.92%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Take on Hecla Mining</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Hecla Mining.
The consensus rating for Hecla Mining is Buy, derived from 2 analyst ratings. An average one-year price target of $8.12 implies a potential 28.48% upside.
<h3>Analyzing Ratings Among Peers</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Warrior Met Coal, Cleveland-Cliffs and Commercial Metals, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Warrior Met Coal received a Buy consensus from analysts, with an average 1-year price target of $90.0, implying a potential 1324.05% upside.</li>
<li>The consensus among analysts is an Neutral trajectory for Cleveland-Cliffs, with an average 1-year price target of $14.5, indicating a potential 129.43% upside.</li>
<li>As per analysts' assessments, Commercial Metals is favoring an Buy trajectory, with an average 1-year price target of $65.0, suggesting a potential 928.48% upside.</li>
</ul>
<h3>Overview of Peer Analysis</h3>
The peer analysis summary provides a snapshot of key metrics for Warrior Met Coal, Cleveland-Cliffs and Commercial Metals, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hecla Mining</td>
<td>Buy</td>
<td>37.91%</td>
<td>$51.43M</td>
<td>1.41%</td>
</tr>
<tr>
<td>Warrior Met Coal</td>
<td>Buy</td>
<td>-22.61%</td>
<td>$50.63M</td>
<td>2.02%</td>
</tr>
<tr>
<td>Cleveland-Cliffs</td>
<td>Neutral</td>
<td>-14.91%</td>
<td>$162M</td>
<td>0.03%</td>
</tr>
<tr>
<td>Commercial Metals</td>
<td>Buy</td>
<td>-9.64%</td>
<td>$323.06M</td>
<td>2.43%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Hecla Mining ranks at the bottom for Revenue Growth among its peers. It is in the middle for Gross Profit. For Return on Equity, Hecla Mining is at the bottom.
<h3>Discovering Hecla Mining: A Closer Look</h3>
Hecla Mining Co produces and explores silver, gold, zinc and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada , United States and Mexico and it derives a majority of its revenue from United States.
<h3>Hecla Mining: Delving into Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Hecla Mining's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 37.91%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Materials sector.
Net Margin: Hecla Mining's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 11.29%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Hecla Mining's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.41%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Hecla Mining's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.93%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Hecla Mining's debt-to-equity ratio is below the industry average at 0.3, reflecting a lower dependency on debt financing and a more conservative financial approach.
<a href="https://www.benzinga.com/quote/HL/earnings">To track all earnings releases for Hecla Mining visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look Ahead: Hecla Mining's Earnings Forecast

Krcmarov will also join Hecla's Board of Directors. He succeeds Catherine J. Boggs, who has served as Interim President and CEO since May 22, 2024, and will remain as Chair of the Board of Directors.

Management

Hecla Mining Names Rob Krcmarov As New President And CEO, Effective November 7, 2024

Shares of precious metals stocks are trading higher amid a rise in the price of gold and silver.

The stock market can trick old buyers into selling their profitable holdings at the first sign of a dip or slowdown. This effect is further amplified for new buyers who are anxious to know whether their ideas were right or wrong. Often, their profit and loss statements give them the answer. As the S&amp;P 500 trades at the lower end of its recent bracket, these questions could keep investors up at night.
However, the answer doesn&#39;t have to be that hard. Some stocks could use trimming as they&#39;ve run their course, but some show the potential to keep moving higher. Driven from both fundamental &ndash; and technical &ndash; reasons, there are three stocks today that deserve a second look from investors going into the next quarter, as they propose more upside potential.
Stocks like HSBC Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hsbc#NYSE">HSBC</a>) are making the list of potential runners, a financial sector play riding off of China&#39;s new stimulus. Then, investors can consider the effects today&#39;s economy will have on shares of Uber Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>) as more people need to supplement their income, and car repossessions drive the need for Uber. Finally, a precious metal super cycle is not done bringing Hecla Mining (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hl#NYSE">HL</a>) stock to its full potential today.
<h2>HSBC: Asia&#39;s Banking Giant Has More Room to Run Higher</h2>
Regional banks in China are considered safe enough for some investors. Still, the majority would be under the belief that most of those banks are too risky and illiquid to invest in. This is where HSBC comes into play; its international reach and $167 billion in market capitalization make it a safer choice for investors to consider.
Now that the stock trades at its 52-week high, some may wonder whether it has what it takes to push another leg higher. According to analysts at DBS Bank, HSBC stock earned a Strong Buy rating, though there aren&#39;t too many price targets to speak of.
Investors can use the stock&#39;s $1.98 dividend payout as a gauge, however, which translates into an annual yield of 4.38% today. High dividend yields are not synonymous with expensive stocks, which means HSBC could have more room to move higher based on this, but there&#39;s more.
Bears know that China&#39;s new stimulus and interest rate cuts will have a positive effect on all of Asia&#39;s economies, so HSBC is at the forefront of the profit and bull center. Because of this, HSBC stock&#39;s short interest declined by 6.1% in the past month, showing signs of bearish capitulation.
Finally, to drive the bank&#39;s growth, Wall Street analysts now forecast up to 19.9% earnings per share (EPS) growth forecasts, above most other names in the banking industry, all because of its exposure to China and the rest of Asia.
<h2>Uber Stock Still Holds Double-Digit Upside Potential</h2>
Even though the stock now trades at 92% of its 52-week high, the odds of making a new high before the year is over become slim, at least for those scared of buying near a top. Despite this trend, analysts at Citigroup decided to reiterate their Buy target on Uber stock, with a $98 share price target to go with it.
To prove these analysts right, Uber stock would need to rally by as much as 34.3% from where it trades today and definitely set up to hit a new annual high to put those buying the top fears to rest. To drive this double-digit upside, investors can lean on Wall Street&#39;s EPS growth forecasts for $0.60 a share next year.
Compared to today&#39;s $0.47 EPS, this represents a growth rate of 28% over the next 12 months, justifying the price targets set so far. The bullish sentiment doesn&#39;t stop there, however, as some institutional capital also recently made its way into the stock.
Leading the way in institutional buying were those from the Czech National Bank, who pushed their Uber stock holdings higher by 7.5% as of October 2024, bringing their net investment up to $32.2 million today. Investors can also consider this factor for their potential buy decision into the next run higher.
<h2>Silver&#39;s Catch-Up to Gold Fuels Hecla Mining Stock&#39;s Rally to a New High</h2>
As gold prices reached a new all-time high, a potential arbitrage opportunity may be found in silver, as the precious metal (historically correlated to gold) has yet to catch up in price action. This is where Hecla Mining stock comes into play for this catch-up, meaning it could reach a new high despite trading at 92% of its 52-week high level.
This could be one reason why analysts at HC Wainwright landed on a Buy target for the stock along with a $10.25 price target, calling for a net upside of up to 55.3% from today&#39;s already high price. That&#39;s also a reason to justify those at Van Eck Associates boosting their holdings in Hecla Mining stock by 6.8% over the past two quarters.
The new addition brought the group&#39;s net investment to $291 million today, or 9.8% ownership in the company. Being a $4.2 billion company also gives Hecla Mining the benefit of growing more aggressively than other comparable peers, leaving investors with the potential to ride another wave higher.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/lock-in-your-profits-these-3-stocks-are-set-to-deliver/">Lock In Your Profits: These 3 Stocks Are Set to Deliver</a>&quot; first appeared on MarketBeat.

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Lock In Your Profits: These 3 Stocks Are Set to Deliver

Shares of precious metals companies are trading lower amid a pullback in gold and silver.

Vice President Kamala Harris has vowed to establish a national stockpile of critical minerals, citing their importance for economic and national security. This initiative forms part of her broader $100 billion industrial policy proposal, unveiled Wednesday, which includes various measures to strengthen the <a target="_blank" href="https://www.benzinga.com/topic/us-economy" rel="noreferrer noopener">U.S. economy</a>.
Harris's &#8220;America Forward&#8221; agenda aims to reduce the U.S. <a target="_blank" href="https://www.benzinga.com/markets/commodities/24/04/38114381/critical-minerals-race-heats-up-us-eu-challenge-chinas-dominance" rel="noreferrer noopener">reliance on foreign sources</a>, particularly China, for these crucial resources. The strategy proposes new incentives, including tax credits, and potentially invoking the Defense Production Act to boost domestic processing capabilities.
As reported by Bloomberg, Kamala Harris&#8217; campaign stated that enhanced domestic production and other sustainable initiatives would strengthen critical mineral supply chains with allies and partners. This includes encouraging investments that boost the production of these resources in the U.S. and among allied countries.
Critical minerals, including lithium, cobalt, and rare earth elements, are essential for modern technology and defense applications. These materials are indispensable for producing electric vehicle batteries, semiconductors, and military equipment. China currently dominates the global processing of many minerals, posing a strategic vulnerability for the U.S. As demand for clean energy and advanced technology grows, securing a steady supply of these minerals has become a top priority.
President Biden's administration has already <a target="_blank" href="https://www.benzinga.com/markets/esg/24/03/37914506/bidens-475m-for-mining-aims-to-power-communities-hit-hardest-by-our-evolving-energy-landscape" rel="noreferrer noopener">made significant strides</a> in addressing this issue. Through initiatives like Executive Order 14017, Biden ordered a comprehensive review of critical mineral supply chains, leading to billions in investments to strengthen domestic capabilities. Since Biden took office, more than $120 billion has been committed to building battery and critical mineral supply chains, creating over 250,000 energy jobs, and ensuring future demand for essential materials like lithium and cobalt is met.
Despite these efforts, the U.S. mining sector still needs to overcome significant challenges. Domestic mining projects take <a target="_blank" href="https://www.benzinga.com/news/24/07/39870803/us-mine-development-delays-among-worlds-longest-second-only-to-zambia" rel="noreferrer noopener">nearly 29 years </a>to move from discovery to production, according to a study from S&amp;P Global published in July.
This timeline is significantly longer than in countries like Canada and Australia, where litigation risks and regulatory hurdles are much lower. These factors have slowed progress and discouraged private-sector investment in U.S. mining ventures.
Still, the push to increase domestic production of critical minerals has gained bipartisan support, as Republicans and Democrats recognize its strategic importance.
Thus, regardless of the outcome of the upcoming election, the U.S. will likely continue prioritizing critical mineral production, securing the nation's needs for the energy transition.
Read Next: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/09/41038172/amid-resistance-from-harris-and-trump-nippon-steel-scores-favorable-arbitration-ruling-in-14-9b-" rel="noreferrer noopener">Amid Resistance From Harris And Trump, Nippon Steel Scores Favorable Arbitration Ruling In $14.9B US Steel Acquisition Deal</a>
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to <a href="mailto:licensing@benzinga.com" target="_blank" rel="noreferrer noopener">licensing@benzinga.com</a> to get started!
Photo via Shutterstock

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Harris Vows To Push 'America Forward,' Stockpile Critical Minerals

Shares of gold companies are trading higher after the price of the commodity reached all-time highs following last week's Fed rate cut.

Shares of precious metals stocks are trading higher as gold and silver rise after the Fed on Wednesday cut rates by 50 basis points.

Shares of gold stocks are trading higher in sympathy with overall market sentiment after the Fed policy decision to cut rates by 50 basis points.

Hecla Mining's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) short percent of float has fallen 8.02% since its last report. The company recently reported that it has 13.34 million shares sold short, which is 2.18% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.44 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Hecla Mining Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726496117_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Hecla Mining has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Hecla Mining's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Hecla Mining's peer group average for short interest as a percentage of float is 3.44%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Hecla Mining?

Silver mining stocks have recorded their best weekly performance in over four years, with some exchange-traded funds (ETFs) delivering their <a href="https://www.benzinga.com/money/best-precious-metals-stocks">highest gains since inception</a>.
A perfect storm of rising gold prices, expectations of a Federal Reserve interest rate cut, and a condition of structural global silver supply shortage has propelled prices above $30 per ounce, driving an almost 10% surge this week alone.
Several silver-focused ETFs have outperformed the broader market, benefiting from the rapid rise in prices. Here's a breakdown of their weekly performance as of 3 p.m. ET on Friday:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF</th>
<th>Performance (5D)</th>
<th>Best Week Since</th>
</tr>
</thead>
<tbody>
<tr>
<td>iShares MSCI Global Silver Miners Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLVP#NYSE">SLVP</a>)</td>
<td>+16.8%</td>
<td>Early April 2020</td>
</tr>
<tr>
<td>Global X Silver Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIL#NYSE">SIL</a>)</td>
<td>+16.7%</td>
<td>Fund Inception (2010)</td>
</tr>
<tr>
<td>Themes Silver Miners ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGMI#NASDAQ">AGMI</a>)</td>
<td>+13.0%</td>
<td>Fund Inception (2024)</td>
</tr>
</tbody>
</table>
</figure>
<h3 class="wp-block-heading">Worsening Silver Shortage</h3>
The silver market&#8217;s supply and demand dynamics are only tightening, pushing prices higher. A Silver Institute survey highlighted a growing supply deficit, with demand expected to outstrip supply by 265 million ounces (oz.) this year, marking the steepest shortage since 2020.
In 2024, industrial demand for the metal is forecasted to rise to 710.9 million oz., up from 654 million oz. in 2023, driven largely by increased use in photovoltaic cells for solar energy production.
This demand spike is colliding with a flat supply, creating a structural deficit that's driving prices upward.
<h3 class="wp-block-heading">Fed Rate Cuts Could Fuel Further Gains</h3>
Investor sentiment around silver and other precious metals is being buoyed by expectations of a near-term Federal Reserve interest rate cut. 
With inflation data aligning with a broader disinflationary trend, market odds currently point to a 49% chance of a 50-basis-point cut during next week's Fed meeting, with the remaining expectations on a 25-basis-point cut, as per CME FedWatch. 
Falling Treasury yields and a weaker dollar have further supported precious metals. 
Gold prices have soared to fresh all-time highs, surpassing $2,560/oz., with silver rallying alongside, notching five consecutive positive trading days this week—its longest winning streak since July.
<h3 class="wp-block-heading">Top-Performing Miners</h3>
Silver mining stocks have outpaced the metal itself, with some posting massive gains. Here are the five top-performing miners this week:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (5D)</td>
</tr>
<tr>
<td>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>)</td>
<td>37.22%</td>
</tr>
<tr>
<td>Gatos Silver, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GATO#NYSE">GATO</a>)</td>
<td>33.87%</td>
</tr>
<tr>
<td>Hycroft Mining Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYMC#NASDAQ">HYMC</a>)</td>
<td>28.16%</td>
</tr>
<tr>
<td>Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>)</td>
<td>25.05%</td>
</tr>
<tr>
<td>AYA Gold &amp; Silver Inc. (OTCPK: AYASF)</td>
<td>22.94%</td>
</tr>
</tbody>
</table>
</figure>
Image: Shutterstock

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