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Hecla Mining (HL) Stock Gains on Upgrade, Higher Gold Prices

NEW YORK (TheStreet) -- Shares of Hecla Mining (HL) are advancing in late-morning trading on Tuesday as the stock was upgraded at JPMorgan and gold and silver prices rose.

JPMorgan boosted its rating on shares to "overweight" from "neutral" with an $8 price target earlier today, the Fly reports.

The firm said the company has "high quality assets in increasingly attractive locations."

JPMorgan's price target implies 17% possible upside in the stock, the Fly noted.

Additionally, gold and silver prices are getting a lift from a declining dollar today. Precious metals are...