Hecla Mining Company (NYSE:HL) shares traded -0.94% lower at $5.28 on Wall Street last session.
In accordance with the data, 8 analysts cover Hecla Mining Company (NYSE:HL). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $8.25 and a low of $5.75, we find $7.50. Given the previous closing price of $5.33, this indicates a potential upside of 40.71 percent. HL stock price is now -11.67% away from the 50-day moving average and 1.46% away from the 200-day moving average. The market capitalization of the company currently stands at $3.21B.
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It has been rated a hold by 3 analysts and a buy by 5. Brokers who have rated the stock have averaged $7.03 as their price target over the next twelve months.
On April 14, 2023, ROTH MKM Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $5.50 to quote $6.25, while ‘Canaccord Genuity’ rates the stock as ‘Buy’.
Insiders disposed of 223,327 shares of company stock worth roughly $1.18 million over the past 1 year. A total of 1.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in HL stock. A new stake in Hecla Mining Company shares was purchased by SCOUT INVESTMENTS, INC. during the first quarter worth $11,897,000. GREY STREET CAPITAL, LLC invested $1,642,000 in shares of HL during the first quarter. In the first quarter, QUADRATURE CAPITAL LTD acquired a new stake in Hecla Mining Company valued at approximately $1,630,000. CAPITAL FUND MANAGEMENT S.A. acquired a new stake in HL for approximately $1,211,000. HRT FINANCIAL LP purchased a new stake in HL valued at around $1,093,000 in the second quarter. In total, there are 402 active investors with 58.80% ownership of the company’s stock.
Hecla Mining Company (NYSE: HL) opened at $5.28 on Tuesday. During the past 12 months, Hecla Mining Company has had a low of $3.41 and a high of $7.00. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.50, and a quick ratio of 1.00. The fifty day moving average price for HL is $5.98 and a two-hundred day moving average price translates $5.21 for the stock.
The latest earnings results from Hecla Mining Company (NYSE: HL) was released for Mar, 2023. According to the Other Precious Metals & Mining Company, earnings per share came in at $0.01, missing analysts’ expectations of $0.02 by -0.01. This compares to $0.01 EPS in the same period last year. The net profit margin was -6.20% and return on equity was -2.30% for HL. The company reported revenue of $199.5 million for the quarter, compared to $186.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.97 percent. For the current quarter, analysts expect HL to generate $196.01M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/09/2023. Investors who held shares on 05/22/2023 were paid a $0.00625 dividend. On an annualized basis, this represents a $0.03 dividend and a 0.55% percent yield. There was an ex-dividend date of 05/19/2023 for this dividend.
