Hecla Mining Co. (NYSE: HL) : Investors Should Not Dump HL Stock In 2024

In the last trading session, 10.98 million Hecla Mining Co. (NYSE:HL) shares changed hands as the company’s beta touched 2.09. With the company’s per share price at $5.00 changed hands at $0.26 or 5.49% during last session, the market valuation stood at $3.13B. HL’s last price was a discount, traded about -25.8% off its 52-week high of $6.29. The share price had its 52-week low at $3.33, which suggests the last value was 33.4% up since then. When we look at Hecla Mining Co.’s average trading volume, we note the 3-month average coming to 8.48 million.

Hecla Mining Co. (NYSE:HL) trade information

Instantly HL was in green as seen at the end of in last trading. The jump to weekly highs of 5.03 added 5.49% to the stock’s daily price. The company’s shares are showing year-to-date upside of 3.95%. However, in the 30-day time frame, Hecla Mining Co. (NYSE:HL) is -9.58% down.

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 22.02% over the past 6 months, a 300.00% in annual growth rate that is considerably higher than the industry average of 2.90%. 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 188.55M. 1 analysts are of the opinion that Hecla Mining Co.’s revenue for the current quarter will be 217.6M. The company’s revenue for the corresponding quarters a year ago was 199.5M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -5.50%.

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 369.80%.

HL Dividends

Hecla Mining Co. is expected to release its next quarterly earnings report in June. The 0.27% annual yield figure for the share gives it an annual dividend of 0.01. It is important to note, however, that the 0.27% 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.