HL (USA) - Has Some Upside If Silver Makes A Comeback.

TradingView2026/03/05 03:15

By:TradingView

Hecla Mining Company has been a real standout performer lately, sitting on a 300%+ gain over the last year. As the largest silver producer in the United States, it has been a primary vehicle for traders riding the precious metals trend. It is a simple, pragmatic business that has found a lot of momentum as investors look for safety and tangible assets.

The company is coming off a strong earnings report that showed solid growth and healthy margins. This recent war pullback seems to be more about broader market nerves and sector-wide profit taking than anything wrong with the business itself. When the fundamental story is still intact, these sharp drops often just flush out shorter term the overbought hype and reset the value proposition for long-term followers.

Looking at the chart, the price has dropped back into a much better value area. It is encouraging to see that many investors were willing to pay a much higher price earlier this month, and we are now testing support near the 50-day SMA. The RSI and MACD have both reset to levels that have historically attracted buyers during this uptrend and will hopefully start to turn back up as buyers come back in.

If you think silver has a bright future, this might be worth a watch.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HL (USA) - Has Some Upside If Silver Makes A Comeback.

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