During the recent session, Hecla Mining Co (NYSE:HL)’s traded shares were 1.94 million, with the beta value of the company hitting 1.90. At the last check today, the stock’s price was $5.64, reflecting an intraday gain of 3.21% or $0.18. The 52-week high for the HL share is $7.68, that puts it down -36.17 from that peak though still a striking 40.96% gain since the share price plummeted to a 52-week low of $3.33. The company’s market capitalization is $3.59B, and the average intraday trading volume over the past 10 days was 15.66 million shares, and the average trade volume was 12.69 million shares over the past three months.
Hecla Mining Co (HL) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.40. HL has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.06.
Hecla Mining Co (NYSE:HL) trade information
Hecla Mining Co (HL) registered a 3.21% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.21% in intraday trading to $5.64, hitting a weekly high. The stock’s 5-day price performance is 5.33%, and it has moved by 11.81% in 30 days. Based on these gigs, the overall price performance for the year is 39.54%. The short interest in Hecla Mining Co (NYSE:HL) is 15.72 million shares and it means that shorts have 1.52 day(s) to cover.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 19.43% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7 and $7 respectively. As a result, HL is trading at a discount of -24.11% off the target high and -24.11% off the low.
Hecla Mining Co (HL) estimates and forecasts
Statistics show that Hecla Mining Co has outperformed its competitors in share price, compared to the industry in which it operates. Hecla Mining Co (HL) shares have gone down -4.17% during the last six months, with a year-to-date growth rate more than the industry average at 700.00% against 45.80. In the rating firms’ projections, revenue will increase 28.49% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 229.21M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 204.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 160.69M and 189.53M respectively. In this case, analysts expect current quarter sales to grow by 42.64% and then jump by 8.11% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -17.47%. While earnings are projected to return 954.15% in 2025.
HL Dividends
Hecla Mining Co is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Hecla Mining Co is 0.04, with the dividend yield indicating at 0.67 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 0.49%.
Hecla Mining Co (NYSE:HL)’s Major holders
Hecla Mining Co insiders own 6.30% of total outstanding shares while institutional holders control 69.69%, with the float percentage being 74.38%. VANGUARD GROUP INC is the largest shareholder of the company, while 493.0 institutions own stock in it. As of 2024-06-30, the company held over 59.48 million shares (or 9.6528% of all shares), a total value of $288.48 million in shares.
The next largest institutional holding, with 52.44 million shares, is of VAN ECK ASSOCIATES CORP’s that is approximately 8.5105% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $254.34 million.
Also, the Mutual Funds coming in first place with the largest holdings of Hecla Mining Co (HL) shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. Data provided on Nov 30, 2024 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 27.78 shares. This amounts to just over 4.42 percent of the company’s overall shares, with a $156.54 million market value. The same data shows that the other fund manager holds slightly less at 19.33, or about 3.08% of the stock, which is worth about $108.91 million.
