Despite Hecla Mining Co [HL]’s great opportunity, the stock is a bit overvalued

The price of Hecla Mining Co (NYSE:HL) shares last traded on Wall Street rose 5.51% to $4.79.

HL stock price is now -13.20% away from the 50-day moving average and -17.07% away from the 200-day moving average. The market capitalization of the company currently stands at $3.03B.

On October 13, 2023, ROTH MKM Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $4 to quote $4.40, while ‘BMO Capital Markets’ rates the stock as ‘Outperform’

In other news, Sienko David C, VP – General Counsel & Secy. sold 21,826 shares of the company’s stock on Feb 26 ’25. The stock was sold for $113,059 at an average price of $5.18. Upon completion of the transaction, the VP – General Counsel & Secy. now directly owns 914,571 shares in the company, valued at $4.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Sr. VP & CFO Lawlar Russell Douglas sold 16,333 shares of the business’s stock. A total of $84,605 was realized by selling the stock at an average price of $5.18. This leaves the insider owning 297,983 shares of the company worth $1.43 million. A total of 6.37% of the company’s stock is owned by insiders.

During the past 12 months, Hecla Mining Co has had a low of $4.41 and a high of $7.68. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 1.43, and a quick ratio of 0.75.

The net profit margin was 6.98% and return on equity was 3.49% for HL. The company reported revenue of $261.34 million for the quarter, compared to $189.53 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 37.89 percent.

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