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$6 stock is the leading producer of Silver in the United States. Watch the short to fill the gap.


Hecla Mining (NYSE: HL) is a precious metals mining company that mines gold and silver, along with other metals. The company was founded in 1983 and is based in Coeur d’Alene, Idaho. The company’s stock has done tremendously well over the past month, increasing from $5.42 to $6.42, an 18.5% increase. The company’s stock is grabbing attention, but not for the increase in its stock price, but for the gaps, the stock is experiencing. What are gaps and why are they important? Here’s why.


On a stock graph, gaps are the spaces on the chart that appear when the price of the stock changes significantly, with almost no in-between. Gaps typically occur surprisingly due to the supposed value of the investment based on technical or fundamental factors, which is exactly what the stock of Hecla Mining has experienced in the past few days.


The company’s stock price closed Tuesday at $6.13 but automatically started trading at $6.38(gapped up) the next day. At the end of Wednesday, the stock was at $6.13 again but also gapped the next day, jumping to $6.42 and remaining at around that price point since then. An interesting point to note in the stock is that the price never reaches the price between $6.16 and $6.22 ranges.


Below: A graph of Hecla Mining’s stock price from November 8 to November 12, showing the two gaps, indicated by the sudden increase in stock price.