In today’s recent session, 1.29 million shares of the Hecla Mining Co. (NYSE:HL) have been traded, and its beta is 2.00. Most recently the company’s share price was $6.28, and it changed around -$0.15 or -2.41% from the last close, which brings the market valuation of the company to $3.95B. HL at last check was trading at a discount to its 52-week high of $7.40, offering almost -17.83% off that amount. The share price’s 52-week low was $3.33, which indicates that the recent value has risen by an impressive 46.97% since then. We note from Hecla Mining Co.’s average daily trading volume that its 10-day average is 11.67 million shares, with the 3-month average coming to 9.98 million.
Hecla Mining Co. stock received a consensus recommendation rating of Hold, based on a mean score of 1.20. If we narrow it down even further, the data shows that 1 out of 11 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 7 recommended HL as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Hecla Mining Co. (NYSE:HL) trade information
Instantly HL has been showing red trend so far today with a performance of -2.41% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.88 on recent trading dayincreased the stock’s daily price by 8.72%. The company’s shares are currently up 30.51% year-to-date, but still down -5.35% over the last five days. On the other hand, Hecla Mining Co. (NYSE:HL) is 10.28% up in the 30-day period. We can see from the shorts that 15.85 million shares have been sold at a short interest cover period of 1.74 day(s).
The consensus price target as assigned by Wall Street analysts is $6.25, which translates to bulls needing to decrease their stock price by -0.48% from its current value. Analyst projections state that HL is forecast to be at a low of $5 and a high of $7.5.
Hecla Mining Co. (HL) estimates and forecasts
Hecla Mining Co. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 14.14 percent over the past six months and at a 800.00% annual growth rate that is well above the industry average of 16.40%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -17.47%.
HL Dividends
Hecla Mining Co.’s next quarterly earnings report is expected to be released on 2024-Nov-04. The annual dividend yield of the stock is 0.44 percent and its annual dividend per share was 0.03. It is important to note, however, that the 0.44% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.47 per year.
Hecla Mining Co. (NYSE:HL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.37% of Hecla Mining Co. shares, and 68.38% of them are in the hands of institutional investors. The stock currently has a share float of 73.03%. Hecla Mining Co. stock is held by 452.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.6528% of the shares, which is about 59.48 million shares worth $288.48 million.
VAN ECK ASSOCIATES CORP, with 8.5105% or 52.44 million shares worth $254.34 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
