From Yahoo Finance: 2025-05-03 06:36:00

Wall Street closed the week with strong gains, fueled by positive non-farm payroll data and corporate earnings reports. Nasdaq led with a 1.51% increase, followed by S&P 500 at 1.47% and Dow Jones at 1.39%. Despite the overall optimism, 10 companies saw declines due to poor Q1 earnings.

Hecla Mining Company (HL) plummeted 17% on Friday to $4.54 per share after BMO Capital downgraded its rating to Market Perform from Outperform. The firm cited operational challenges at Keno Hill and uncertainties at Casa Berardi. HL also entered oversold territory with an RSI of 28.8.

In Q1, Hecla Mining Company (HL) turned a $28.7 million net income, up from a $5.89 million loss a year ago. Sales rose 38% to $261 million. Despite this, HL ranks 2nd among Friday’s worst performers. AI stocks are seen as more promising for higher returns in a shorter time frame.

Read more: Why Hecla Mining Company (HL) Went Down On Friday