In the last trading session, 15.15 million Hecla Mining Co. (NYSE:HL) shares changed hands as the company’s beta touched 2.00. With the company’s per share price at $7.38 changed hands at $0.07 or 0.96% during last session, the market valuation stood at $4.65B. HL’s last price was a discount, traded about -0.27% off its 52-week high of $7.40. The share price had its 52-week low at $3.33, which suggests the last value was 54.88% up since then. When we look at Hecla Mining Co.’s average trading volume, we note the 10-day average is 9.87 million shares, with the 3-month average coming to 9.93 million.
Analysts gave the Hecla Mining Co. (HL) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.20. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended HL as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Hecla Mining Co.’s EPS for the current quarter is expected to be 0.04.
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 was in green as seen at the end of in last trading. With action 12.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 53.49%, with the 5-day performance at 12.67% in the green. However, in the 30-day time frame, Hecla Mining Co. (NYSE:HL) is 9.01% up. Looking at the short shares, we see there were 17.56 million shares sold at short interest cover period of 1.46 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.25, meaning bulls need a downside of -18.08% from its current market value. According to analyst projections, HL’s forecast low is 5 with 7.5 as the target high. To hit the forecast high, the stock’s price needs a -1.63% plunge from its current level, while the stock would need to tank 32.25% for it to hit the projected low.
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 45.91% over the past 6 months, a 800.00% in annual growth rate that is considerably higher than the industry average of 16.80%. Year-over-year growth is forecast to reach 25.50% 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 223.35M. 1 analysts are of the opinion that Hecla Mining Co.’s revenue for the current quarter will be 228M. The company’s revenue for the corresponding quarters a year ago was 181.91M and 160.69M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.80%. The estimates for the next quarter sales put growth at 41.90%.
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 1071.43%.
HL Dividends
Hecla Mining Co. is expected to release its next quarterly earnings report in November. The 0.44% annual yield figure for the share gives it an annual dividend of 0.03. It is important to note, however, that the 0.44% 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. During the past 5 years, the average dividend yield was 0.47 per year.
Hecla Mining Co. (NYSE:HL)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.37% of Hecla Mining Co. shares while 68.46% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 73.12%. There are 68.46% institutions holding the Hecla Mining Co. stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.6528% of the shares, roughly 59.48 million HL shares worth $288.48 million.
VAN ECK ASSOCIATES CORP holds the second largest percentage of outstanding shares, with 8.5105% or 52.44 million shares worth $254.34 million as of 2024-06-30.
