In recent trading session, Hecla Mining Co. (NYSE:HL) saw 2.5 million shares changing hands at last check today with its beta currently measuring 2.02. Company’s recent per share price level of $5.48 trading at $0.25 or 4.78% at last check today assigns it a market valuation of $3.45B. That most recent trading price of HL’s stock is at a discount of -15.88% from its 52-week high price of $6.35 and is indicating a premium of 39.23% from its 52-week low price of $3.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.01 million shares which gives us an average trading volume of 8.64 million if we extend that period to 3-months.
For Hecla Mining Co. (HL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.20. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.03 in the current quarter.
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Hecla Mining Co. (NYSE:HL) trade information
Upright in the green today for gaining 4.78%, in the last five days HL remained trading in the green while hitting it’s week-highest on Thursday, 08/15/24 when the stock touched $5.48 price level, subtracting -0.55% to its value on the day. Hecla Mining Co.’s shares saw a change of 13.98% in year-to-date performance and have moved 9.38% in past 5-day. Hecla Mining Co. (NYSE:HL) showed a performance of -10.89% in past 30-days. Number of shares sold short was 15.45 million shares which calculate 1.94 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 8.67% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 7.5. It follows that stock’s current price would jump 8.76% in reaching the projected high whereas dropping to the targeted low would mean a gain of 8.76% for stock’s current value.
Hecla Mining Co. (HL) estimates and forecasts
Statistics highlight that Hecla Mining Co. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 59.37% of value to its shares in past 6 months, showing an annual growth rate of 500.00% while that of industry is 22.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 24.00% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 219.65M for the same. And 1 analysts are in estimates of company making revenue of 193.1M in the next quarter. Company posted 181.91M and 160.69M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -17.47% during past 5 years.
HL Dividends
Hecla Mining Co. is more likely to be releasing its next quarterly report on 2024-Nov-04 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.32%, the share has a forward dividend of 0.02 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.47%.
Hecla Mining Co. (NYSE:HL)’s Major holders
Insiders are in possession of 6.36% of company’s total shares while institution are holding 69.77 percent of that, with stock having share float percentage of 74.51%. Investors also watch the number of corporate investors in a company very closely, which is 69.77% institutions for Hecla Mining Co. that are currently holding shares of the company. VAN ECK ASSOCIATES CORP is the top institutional holder at HL for having 60.51 million shares of worth $291.07 million. And as of 2024-03-31, it was holding 9.8205 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 59.42 million shares on 2024-03-31. The number of shares represents firm’s hold over 9.643 of outstanding shares, having a total worth of $285.81 million.
On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Jul 31, 2024, the former fund manager was holding 28.15 shares of worth $152.88 million or 4.47% of the total outstanding shares. The later fund manager was in possession of 18.74 shares on Jul 31, 2024, making its stake of worth around $101.76 million in the company or a holder of 2.98% of company’s stock.
