Hecla Mining rises on sale of Casa Berardi operations

Orezone Gold

26/01/2026 18:11

** Shares of silver producer Hecla Mining Company HL.N rise as high as 5.56% to $33.58

   ** Co to sell unit that owns Casa Berardi operation in Quebec, Canada, to Orezone Gold Corporation

   ** HL expects to receive gross proceeds of up to $593 million, which includes $160 million in cash and equity consideration of about 65.7 million Orezone shares

   ** Upon closing, this transaction is immediately ROIC (Return on Invested Capital) accretive, CEO Rob Krcmarov says

   ** Transaction is expected to close in Q1 2026

   ** Stock rose 290.84% in 2025

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))