In the last trading session, 29.2 million shares of the Hecla Mining Co (NYSE:HL) were traded, and its beta was 1.45. Most recently the company’s share price was $6.08, and it changed around $0.14 or 2.36% from the last close, which brings the market valuation of the company to $3.85B. HL currently trades at a discount to its 52-week high of $7.68, offering almost -26.32% off that amount. The share price’s 52-week low was $4.41, which indicates that the current value has risen by an impressive 27.47% since then. We note from Hecla Mining Co’s average daily trading volume that its 10-day average is 24.93 million shares, with the 3-month average coming to 21.50 million.
Hecla Mining Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.89. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended HL as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Hecla Mining Co is expected to report earnings per share of 0.05 for the current quarter.
Hecla Mining Co (NYSE:HL) trade information
Instantly HL has showed a green trend with a performance of 2.36% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.20 on recent trading dayincreased the stock’s daily price by 1.94%. The company’s shares are currently up 23.83% year-to-date, but still down -0.82% over the last five days. On the other hand, Hecla Mining Co (NYSE:HL) is 24.85% up in the 30-day period. We can see from the shorts that 31.02 million shares have been sold at a short interest cover period of 1.46 day(s).
The consensus price target as assigned by Wall Street analysts is $5.5, which translates to bulls needing to decrease their stock price by -10.55% from its current value. Analyst projections state that HL is forecast to be at a low of $5 and a high of $7.
Hecla Mining Co (HL) estimates and forecasts
The year-over-year growth rate is expected to be 9.37%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 248.93M in revenue for the current quarter. 2 analysts expect Hecla Mining Co to make 233.45M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 245.66M and 245.09M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.33%. Forecasts for the next quarter put sales growth at -4.75%.
Hecla Mining Co earnings are expected to increase by 98.86% in 2025, but the outlook is positive 40.95% per year for the next five years.
HL Dividends
Hecla Mining Co’s next quarterly earnings report is expected to be released on 2025-Apr-30. The annual dividend yield of the stock is 0.58 percent and its annual dividend per share was 0.03. It is important to note, however, that the 0.58% 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 0.51 per year.
Hecla Mining Co (NYSE:HL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.26% of Hecla Mining Co shares, and 69.53% of them are in the hands of institutional investors. The stock currently has a share float of 74.17%. Hecla Mining Co stock is held by 535.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.6386% of the shares, which is about 59.48 million shares worth $288.48 million.
VAN ECK ASSOCIATES CORP, with 8.498% or 52.44 million shares worth $254.34 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
