Hecla Mining Co. (NYSE:HL)’s traded shares stood at 3.77 million during the latest session, with the company’s beta value hitting 1.99. At the last check today, the stock’s price was $6.70, to imply an increase of 4.04% or $0.26 in intraday trading. The HL share’s 52-week high remains $6.50, putting it 2.99% up since that peak but still an impressive 50.3% since price per share fell to its 52-week low of $3.33. The company has a valuation of $4.22B, with an average of 8.46 million shares in intraday trading volume over the past 10 days and average of 8.43 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Hecla Mining Co. (HL), translating to a mean rating of 1.20. Of 6 analyst(s) looking at the stock, 0 analyst(s) give HL a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 5 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.04.
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Hecla Mining Co. (NYSE:HL) trade information
After registering a 4.04% upside in the latest session, Hecla Mining Co. (HL) has traded red over the past five days. The 5-day price performance for the stock is 22.94%, and 28.11% over 30 days. With these gigs, the year-to-date price performance is 39.35%. Short interest in Hecla Mining Co. (NYSE:HL) saw shorts transact 13.34 million shares and set a 1.47 days time to cover.
The extremes give us $5 and $7.5 for target low and target high price respectively. As such, HL has been trading -11.94% off suggested target high and 25.37% from its likely low.
Hecla Mining Co. (HL) estimates and forecasts
Looking at statistics comparing Hecla Mining Co. share performance against respective industry, we note that the company has outperformed competitors. Hecla Mining Co. (HL) shares are 55.16% up over the last 6 months, with its year-to-date growth rate higher than industry average at 500.00% against 16.40%. Revenue is forecast to grow 500.00% this quarter before jumping 225.00% for the next one. The rating firms project that company’s revenue will grow 24.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 219.65M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 193.1M.Earnings reports from the last fiscal year show that sales brought in 181.91M and 160.69M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 20.70% before jumping 20.20% in the following quarter.
HL Dividends
Hecla Mining Co. has its next earnings report out on 2024-Nov-04. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Hecla Mining Co. has a forward dividend ratio of 0.03, with the share yield ticking at 0.41% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.47%.
Hecla Mining Co. (NYSE:HL)’s Major holders
Hecla Mining Co. insiders hold 6.37% of total outstanding shares, with institutional holders owning 68.57% of the shares at 73.23% float percentage. In total, 68.57% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 59.48 million shares (or 9.6528% of shares), all amounting to roughly $288.48 million.
The next major institution holding the largest number of shares is VAN ECK ASSOCIATES CORP with 52.44 million shares, or about 8.5105% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $254.34 million.
