Hecla Mining rises on sale of Casa Berardi operations
ReutersJan 26, 2026 6:11 PM
Shares of silver producer Hecla Mining Company HL.N rise as high as 5.56% to $33.58
Co to sell unit that owns Casa Berardi operation in Quebec, Canada, to Orezone Gold Corporation
HL expects to receive gross proceeds of up to $593 million, which includes $160 million in cash and equity consideration of about 65.7 million Orezone shares
Upon closing, this transaction is immediately ROIC (Return on Invested Capital) accretive, CEO Rob Krcmarov says
Transaction is expected to close in Q1 2026
Stock rose 290.84% in 2025
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