New York, January 11, 2026, 21:10 EST — The market has closed.
- Hecla Mining finished Friday up 6.8%, closing at $22.45 after trading between $21.00 and $22.62.
- Gold hit a new all-time peak early Monday, with investors flocking to safe-haven assets
- Traders are eyeing U.S. CPI data set for Jan. 13 and Hecla’s Investor Day on Jan. 26 as upcoming key events
Hecla Mining Company shares jumped 6.8% to close at $22.45 on Friday, with around 20.4 million shares changing hands ahead of the U.S. market’s weekend pause.
The shift is significant going into Monday since Hecla acts as a high-beta stand-in for silver and gold. When bullion prices change, miners often swing even more sharply—revenues adjust quickly, while many costs lag behind.
The macro backdrop is driving moves now. U.S. inflation data kicks off a busy week, with rate expectations shifting fast. Those changes usually hit the dollar and bond yields first — then ripple through precious metals and mining stocks.
Spot gold surged over 1%, reaching a new high at $4,563.61 an ounce on Monday. The rise came amid safe-haven buying and a softer U.S. jobs report on Friday, which boosted bets on upcoming Federal Reserve rate cuts. (Reuters)
Silver hovered near $84 an ounce late Sunday, per JMBullion’s live spot feed, holding close to the high levels that have fueled recent gains in silver-related stocks. (JM Bullion)
The rally wasn’t limited to one stock. Coeur Mining jumped nearly 4.0% on Friday, First Majestic Silver rose around 5.6%, while Pan American Silver increased close to 2.2%.
Company-specific catalysts are sparse at the open, but the calendar remains busy. Hecla plans an Investor Day in New York City on Jan. 26 and will also ring the closing bell at the New York Stock Exchange that same day. CEO Rob Krcmarov described 2025 as “transformational” and said the company has “the brightest outlook in our history.” (Business Wire)
Traders will first focus on inflation data. The U.S. Bureau of Labor Statistics plans to release the Consumer Price Index for December 2025 on Tuesday, Jan. 13. (Bureau of Labor Statistics)
Retail sales data will drop Wednesday, Jan. 14, per the St. Louis Fed’s release calendar. This figure could tip the scales on growth forecasts and interest rate bets. (FRED)
Yet the setup works both ways. Stronger inflation data might drive yields up, boost the dollar, and weigh on metals that don’t yield interest. Silver itself can see sharp moves, even if the overall trend holds steady.
Liquidity might thin out as the week progresses, since the NYSE will be closed Monday, Jan. 19, for Martin Luther King Jr. Day. That leaves a shorter window ahead of the next major catalysts. (New York Stock Exchange)
Hecla’s next key date is Jan. 26, when management will present its strategy and operations during Investor Day in New York. The event will be webcast starting at 12:30 p.m. ET. (Hecla)
