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Citrati

12/05/16 11:26 PM

#3556 RE: 123tom #3555

Tom, my guess is that it is mostly because HL is the lowest cost silver miner period and and has been for decades. Also, they continue expanding the resource and added a nice property. Maybe there are some, but I do not know of a more stable silver producer than HL. That's my take.

Oh, probably didn't hurt that they had a 71% increase and the highest production Q ever.

"Net income applicable to common shareholders of $25.7 million, or $0.07 per share.
Sales of $179.4 million, up 71%, a record.
Adjusted EBITDA of $75.2 million, up 323%.1
Cash provided by operating activities of $87.0 million, up 225%. Includes $16 million of insurance proceeds for the Troy Mine reclamation.
Free cash flow of $27.7 million, up $38 million.2
Total silver production of 4.3 million ounces, up 67%.
Gold production of 52,126 ounces, up 19%.
Silver equivalent production of 10.3 million ounces, up 17%.3
Last 12 months net loss of $13.7 million and adjusted EBITDA of $234 million.1
Net debt/adjusted EBITDA (last 12 months) of 1.4x, a 49% decline.1,4
Cash and cash equivalents and short-term investments of $192.4 million at September 30, 2016, up $33 million over the second quarter.
Completed the acquisition of the Montanore project, located near the Rock Creek project.
Reduced estimate for 2016 cash cost, after by-product credits, per silver ounce to $4.00 and increased estimate for 2016 cash cost, after by-product credits, per gold ounce to $750.5."

LOL, can you guess it is one of my favs.