Is Hecla Mining Co. (NYSE: HL) Stock Poised for More Growth?


In the last trading session, 9.17 million Hecla Mining Co. (NYSE:HL) shares changed hands as the company’s beta touched 2.19. With the company’s per share price at $5.35 changed hands at -$0.07 or -1.29% during last session, the market valuation stood at $3.34B. HL’s last price was a discount, traded about -30.65% off its 52-week high of $6.99. The share price had its 52-week low at $3.33, which suggests the last value was 37.76% up since then. When we look at Hecla Mining Co.’s average trading volume, we note the 3-month average coming to 7.48 million.

Hecla Mining Co. (NYSE:HL) trade information

Instantly HL was in red as seen at the end of in last trading. With action -1.65%, the performance over the past five days has been red. The drop to weekly highs of 5.90 subtracted -1.29% to the stock’s daily price. The company’s shares are showing year-to-date upside of 11.23%, with the 5-day performance at -1.65% in the red. However, in the 30-day time frame, Hecla Mining Co. (NYSE:HL) is 23.84% up.

Hecla Mining Co. (HL) estimates and forecasts

Data shows that the Hecla Mining Co. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 46.25% over the past 6 months, a 300.00% in annual growth rate that is considerably higher than the industry average of 19.10%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Hecla Mining Co. will fall -100.00%, while the growth in revenue is estimated to hit -33.30% for the next quarter. Year-over-year growth is forecast to reach 12.40% up from the last financial year.

Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $188.55 million. 1 analysts are of the opinion that Hecla Mining Co.’s revenue for the quarter ending Jun 2024 will be $217.6 million. The company’s revenue for the corresponding quarters a year ago was $199.5 million and -$ respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.50%. The estimates for the next quarter sales put growth at –.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.47%. The 2024 estimates are for Hecla Mining Co. earnings to increase by 324.10%.

HL Dividends

Hecla Mining Co. is expected to release its next quarterly earnings report in May. The 0.47% annual yield figure for the share gives it an annual dividend of 0.03. It is important to note, however, that the 0.47% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.