In yesterday’s Wall Street session, Hecla Mining Co. (NYSE:HL) shares traded at $4.49, up 6.15% from the previous session.
HL stock price is now 15.23% away from the 50-day moving average and 0.78% away from the 200-day moving average. The market capitalization of the company currently stands at $2.81B.
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). , while ‘National Bank Financial’ rates the stock as ‘Outperform’
In other news, Johnson George R, Director bought 8,500 shares of the company’s stock on Aug 22 ’23. 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 $0.12 million. A total of 7.07% of the company’s stock is owned by insiders.
During the past 12 months, Hecla Mining Co. has had a low of $3.33 and a high of $6.99. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 1.65, and a quick ratio of 1.06. The fifty day moving average price for HL is $3.9024 and a two-hundred day moving average price translates $4.4531 for the stock.
The latest earnings results from Hecla Mining Co. (NYSE: HL) was released for Dec, 2023. According to the Other Precious Metals & Mining Company, earnings per share came in at -$0.04, missing analysts’ expectations of -$0.02 by -0.02. This compares to -$0.01 EPS in the same period last year. The net profit margin was -11.77% and return on equity was -4.27% for HL. The company reported revenue of $160.69 million for the quarter, compared to $194.82 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.52 percent. For the current quarter, analysts expect HL to generate $182.35M 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, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold. It flagship project is the Greens Creek mine located on Admiralty Island in southeast Alaska. Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur d’Alene, Idaho.
