Hecla Mining and Coeur Mining rise by 13% due to the Ministry of Finance's repurchase plan
2026-08-20 01:34:20
According to CoinMeta, Hecla Mining ( HL ) and Coeur Mining ( CDE ) both saw a 13% increase in their stock prices driven by the Ministry of Finance's doubled long-term debt repurchase program. Nevertheless, both stocks have still been experiencing stable or negative growth since the beginning of this year. First Majestic Silver ( AG ) has led its mining peers with a year-to-date increase of 11%, while Endeavour Silver ( EXK ) has only risen by 3%. The yield on 30-year government bonds is 5.2%, which is a key variable of concern for the market. Further declines in yields will continue to support buying interest in precious metals, but a rebound in yields could quickly reverse the gains seen on Wednesday.
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Source:Internet
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