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Hecla Mining Company (NYSE: HL)

Hecla Mining Company (NYSE: HL)

Company Name: Hecla Mining Company
Stock Symbol: NYSE: HL
Class Period Start: 03/19/2018
Class Period End (inclusive): 03/19/2018
Filing Deadline: 07/23/2019
Court: Western District of Oklahoma

Case Details

The law firm of Barbuto & Johansson, P.A., and Director of Client Relations Neil Rothstein, Esq. remind investors that they have until July 23rd, 2019 to file lead plaintiff applications in a securities class action lawsuit against Hecla Mining Company.

Hecla Mining and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On May 9, 2019, the Company disclosed that it was undertaking a “comprehensive review” of its Nevada operations that were cash flow negative, including the possibility of taking an impairment charge.

On this news, the price of Hecla Mining’s shares plummeted by 23.5% over two trading days, from a closing price of $2.04 per share on May 8, 2019, to close at $1.56 per share on May 10, 2019.

If you purchased securities of Hecla Mining Company and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, please contact one of our attorneys. Call the firm today at (561) 444-7980 and/or fill out the form to the right.

The case is Batter v. Hecla Mining Company et al, 19cv4883. Click here to read full case complaint.