Silver for September delivery is down 0.73% to $19.67 per ounce and gold is lower by 0.61% to $1,330.70 per ounce.
On Thursday, gold hit a one-month low before rebounding slightly, but is still poised to log a loss for the second week in a row. Silver is heading toward its lowest settlement since the start of the month, MarketWatch reports.
As stocks and the U.S. dollar rally this afternoon, commodity metals are taking a price hit. The metals are also dropping after economic data released this week indicated that the U.S. government would increase interest rates as early as September.
Hecla Mining is a Coeur D Alene, ID-based mining company.
Separately, TheStreet Ratings rated this stock as a "hold" with a ratings score of C.
The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, TheStreet Ratings finds weaknesses including disappointing return on equity, weak operating cash flow and feeble growth in the company's earnings per share.
You can view the full analysis from the report here: HL
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.