RBC Capital Maintains Outperform on Hecla Mining, Lowers Price Target to $20

Silver Holds Near $65 as Developers Turn to Mines Already Built

Honey Badger Silver released a Preliminary Economic Assessment for the PC Silver Mine in Northwest Territories, projecting 3.7 million ounces of silver annually over the first seven years with C$1.2-1.7 billion NPV. The company is leveraging the mine's 1980s infrastructure and existing permits to accelerate development compared to greenfield projects, with a Feasibility Study targeted for Q2 2027.

Shares of precious metals-related companies are trading lower as gold and silver decline amid a stronger dollar and rising yields. Recent comments from the Fed's Barkin on inflation and future rate hikes prompt expectations of tighter monetary policy, which would create headwinds as investors rotate into fixed income.

Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now?

The Invesco S&P MidCap 400 GARP ETF (GRPM) is a smart beta ETF with $492.42 million in assets that seeks to track mid-cap companies with consistent growth, reasonable valuation, and strong earnings. With a 0.35% expense ratio and year-to-date performance of 15.89%, it offers diversified exposure across 63 holdings led by Abercrombie & Fitch, Hecla Mining, and Duolingo. Alternative options include Vanguard Morningstar Mid-Cap ETF (VO) and iShares Core S&P Mid-Cap ETF (IJH), which offer lower expense ratios.

Shares of precious metal-related companies are trading higher as bond yields and oil prices retreat, which alleviates pressure on the physical gold and silver markets.