New York, January 6, 2026, 13:15 EST — Regular session
Hecla Mining (HL.N) shares jumped 11.6% to $22.02 in afternoon trading, after touching an intraday high of $22.19. The stock closed at $19.73 in the prior session and has traded between $19.81 and $22.19 so far on Tuesday.
The move comes as precious metals rallied, lifting sentiment across silver-linked miners. Spot silver rose 5.3% to $80.57 an ounce, supported by safe-haven demand — assets investors buy for protection during turmoil — and expectations for U.S. interest-rate cuts ahead of Friday’s U.S. payrolls report. “Precious metals traders see more risk on the horizon than stock and bond traders do at present,” said Jim Wyckoff, a senior analyst at Kitco Metals. 1
Hecla also has a company event in focus after it said on Monday it will host an Investor Day in New York City on January 26, with a live webcast starting at 12:30 p.m. Eastern. The miner will ring the New York Stock Exchange closing bell that day to mark its 135th anniversary year; CEO Rob Krcmarov cited “disciplined capital allocation and meaningful debt reduction” in remarks tied to the event. 2
Other U.S.-listed silver names rose with the metal on Tuesday, though they lagged Hecla’s move. First Majestic Silver climbed 8.6%, while Pan American Silver gained 4.7% and Coeur Mining added 4.4%.
Bullish calls on bullion have also fed into the broader metals trade this week. Morgan Stanley forecast gold could reach $4,800 an ounce by the fourth quarter of 2026, and said China’s new export licence requirements taking effect at the start of the year added “upside risk for silver.” 3
For Hecla investors, the near-term question is whether the latest pop reflects a durable repricing of silver exposure or a momentum burst that fades once the macro headline flow cools. Investor days can reset expectations quickly, because management typically uses them to lay out strategy, operating priorities and capital plans in one place.
But the rally leaves little room for disappointment in a market where silver has been swinging sharply day to day. A reversal in silver — or a shift in rate-cut bets after Friday’s jobs data — could hit miner shares harder than the metal itself.
