Could Hecla Mining Co. (HL) stock price achieve new all-time highs if its expected earnings and revenue increase?

Stocks of Hecla Mining Co. (NYSE:HL) traded higher last session on Wall Street, down -2.82% to $3.79.

According to the data, Hecla Mining Co. (NYSE:HL) has 11 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $8.75 and a low of $4.25, we find $5.50. Given the previous closing price of $3.90, this indicates a potential upside of 41.03 percent. HL stock price is now -6.19% away from the 50-day moving average and -26.50% away from the 200-day moving average. The market capitalization of the company currently stands at $2.34B.

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A total of 3 analysts have issued a hold rating and 8 have given it a buy rating. Brokers who have rated the stock have averaged $5.83 as their price target over the next twelve months.

With the price target enhanced from $4 to $4.40, ROTH MKM Upgraded its rating from Neutral to Buy for Hecla Mining Co. (NYSE: HL).

In other news, Johnson George R, Director bought 8,500 shares of the company’s stock on Aug 22. The stock was bought for $34,585 at an average price of $4.07. Upon completion of the transaction, the Director now directly owns 25,773 shares in the company, valued at $97679.67. Insiders disposed of 212,206 shares of company stock worth roughly $0.8 million over the past 1 year. A total of 7.14% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $3.8800 for Hecla Mining Co. (NYSE: HL). During the past 12 months, Hecla Mining Co. has had a low of $3.55 and a high of $7.00. As of last week, the company has a debt-to-equity ratio of 0.32, a current ratio of 1.71, and a quick ratio of 1.04. The fifty day moving average price for HL is $4.0282 and a two-hundred day moving average price translates $5.1463 for the stock.

The latest earnings results from Hecla Mining Co. (NYSE: HL) was released for Sep, 2023. According to the Other Precious Metals & Mining Company, earnings per share came in at $0.03, beating analysts’ expectations of $0 by 0.03. This compares to -$0.04 EPS in the same period last year. The net profit margin was -6.12% and return on equity was -2.33% for HL. The company reported revenue of $181.91 million for the quarter, compared to $146.34 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 24.3 percent. For the current quarter, analysts expect HL to generate $175.33M in revenue.

Hecla Mining Co.(HL) Company Profile

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for sale to custom smelters, metal traders, and third-party processors; and doré containing silver and gold. It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; the Lucky Friday mine situated in northern Idaho; the Keno Hill mine located in the Keno Hill Silver District of Yukon Territory, Canada; the Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and the San Sebastian mine situated in the city of Durango, Mexico. The company was incorporated in 1891 and is headquartered in Coeur d’Alene, Idaho.

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