
Hecla Mining's Series B Preferred Stock Crosses Above 5.5% Yield Territory

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Hecla Mining's Series B Cumulative Convertible Preferred Stock (HL.PRB) has crossed above a 5.5% yield, trading at a low of $62.67 on Friday. The stock is currently at a 28.22% premium to its liquidation preference and has a conversion ratio of 3.2154. On the same day, HL.PRB shares rose about 5%, while common shares (HL) increased by 3.9%.
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