When Is Hecla Mining Co (HL) Going To Be Good Investment?

Hecla Mining Co (NYSE:HL) has a beta value of 1.77 and has seen 1.99 million shares traded in the recent trading session. The company, currently valued at $3.48B, closed the recent trade at $5.51 per share which meant it gained $0.08 on the day or 1.48% during that session. The HL stock price is -39.38% off its 52-week high price of $7.68 and 26.68% above the 52-week low of $4.04. If we look at the company’s 10-day average daily trading volume, we find that it stood at 23.0 million shares traded. The 3-month trading volume is 16.96 million shares.

The consensus among analysts is that Hecla Mining Co (HL) is Buy stock at the moment, with a recommendation rating of 1.44. 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 0.07.

Hecla Mining Co (NYSE:HL) trade information

Sporting 1.48% in the green today, 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 $5.51 or saw a rise of 1.78%. Year-to-date, Hecla Mining Co shares have moved 12.23%, while the 5-day performance has seen it change 0.19%. Over the past 30 days, the shares of Hecla Mining Co (NYSE:HL) have changed -10.69%. Short interest in the company has seen 23.96 million shares shorted with days to cover at 1.23.

Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 21.29% from the levels at last check today. The projected low price target is $7.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is -27.04% off the targeted high while a plunge would see the stock gain -27.04% from the levels at last check today.

Hecla Mining Co (HL) estimates and forecasts

The company’s shares have lost -0.89% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.45%.

1 analysts offering their estimates for the company have set an average revenue estimate of 238.5M for the current quarter. 1 have an estimated revenue figure of 241.8M for the next ending quarter. Year-ago sales stood 189.53M and 245.66M respectively for this quarter and the next, and analysts expect sales will grow by 25.84% for the current quarter and 4.45% for the next.

Earnings growth for 2025 is a modest 120.45% while over the next 5 years, the company’s earnings are expected to increase by 40.87%.

HL Dividends

Hecla Mining Co is expected to release its next earnings report on 2025-Feb-12 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 0.64%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 0.5%.

Hecla Mining Co (NYSE:HL)’s Major holders

Insiders own 6.41% of the company shares, while shares held by institutions stand at 68.82% with a share float percentage of 73.53%. Investors are also buoyed by the number of investors in a company, with Hecla Mining Co having a total of 514.0 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 8.498% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Dec 31, 2024, the former fund manager holds about 4.23% shares in the company for having 26.7 shares of worth $146.32 million while later fund manager owns 18.85 shares of worth $103.3 million as of Dec 31, 2024, which makes it owner of about 2.98% of company’s outstanding stock.