🟢 Hecla Mining is trading 4.4% up today, potentially boosted by recent NVRO Metals MoU and a technical bounce

Hecla Mining is trading at $15.76 (+4.41%) as the stock stages a technical bounce following a sharp two-day decline.

• The recovery follows a cumulative drop of over 8% during the previous two sessions, including a 5.47% slide on July 7 and a 3.02% drop on July 8.
• The move follows a recent non-binding memorandum of understanding (MoU) between Hecla Greens Creek Mining Company and NVRO Metals Limited, announced on July 8, for a proposed industrial-scale processing campaign of Hecla tailings.
• The broader backdrop for risk assets remains mixed, while sentiment in the silver-mining sector has been generally weak.