Hecla Mining Co. (NYSE:HL) has a beta value of 2.00 and has seen 6.9 million shares traded in the last trading session. The company, currently valued at $4.12B, closed the last trade at $6.55 per share which meant it lost -$0.08 on the day or -1.21% during that session. The HL stock price is -12.98% off its 52-week high price of $7.40 and 49.16% above the 52-week low of $3.33. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.34 million shares traded. The 3-month trading volume is 9.96 million shares.
The consensus among analysts is that Hecla Mining Co. (HL) is Buy stock at the moment, with a recommendation rating of 1.20. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 6 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
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Hecla Mining Co. (NYSE:HL) trade information
Sporting -1.21% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the HL stock price touched $6.55 or saw a rise of 3.68%. Year-to-date, Hecla Mining Co. shares have moved 36.23%, while the 5-day performance has seen it change 1.55%. Over the past 30 days, the shares of Hecla Mining Co. (NYSE:HL) have changed -3.96%. Short interest in the company has seen 17.56 million shares shorted with days to cover at 1.46.
Wall Street analysts have a consensus price target for the stock at $6.25, which means that the shares’ value could drop -4.8% from current levels. The projected low price target is $5.0 while the price target rests at a high of $7.5. In that case, then, we find that the current price level is -14.5% off the targeted high while a plunge would see the stock lose 23.66% from current levels.
Hecla Mining Co. (HL) estimates and forecasts
Figures show that Hecla Mining Co. shares have outperformed across the wider relevant industry. The company’s shares have gained 22.48% over the past 6 months, with this year growth rate of 800.00%, compared to 16.40% for the industry. Revenue growth from the last financial year stood is estimated to be 25.50%.
2 analysts offering their estimates for the company have set an average revenue estimate of 223.35M for the current quarter. 1 have an estimated revenue figure of 228M for the next ending quarter. Year-ago sales stood 181.91M and 160.69M respectively for this quarter and the next, and analysts expect sales will grow by 22.80% for the current quarter and 25.50% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -17.47% over the past 5 years.
HL Dividends
Hecla Mining Co. is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.03 at a share yield of 0.42%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.47%.
Hecla Mining Co. (NYSE:HL)’s Major holders
Insiders own 6.37% of the company shares, while shares held by institutions stand at 68.48% with a share float percentage of 73.14%. Investors are also buoyed by the number of investors in a company, with Hecla Mining Co. having a total of 454.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 59.48 million shares worth more than $288.48 million. As of 2024-06-30, VANGUARD GROUP INC held 9.6528% of shares outstanding.
The other major institutional holder is VAN ECK ASSOCIATES CORP, with the holding of over 52.44 million shares as of 2024-06-30. The firm’s total holdings are worth over $254.34 million and represent 8.5105% of shares outstanding.
