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CEO Sees Future Demand on the Side of Silver Versus Gold

July 22, 2023
in Trade Tube
Reading Time: 1 min read
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Swings in the commodity space due to U.S. dollar strength and weakened demand has been a key driver due to the volatility in related stocks, but silver miner, Hecla Mining, saw its strongest year since founded in 1891 in terms or revenue, production and reserves. CEO Phillips Baker, Jr. tells TheStreet’s Jill Malandrino long-term silver fundamentals and industrial demand are improving, not just in emerging markets but worldwide. Baker explains Hecla continues to focus on its resource base and he expects the company will stay on the same trajectory as exhibited in 2014. A favorable gold/silver ration benefits Hecla as well.

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