Hecla Mining Company (NYSE:HL) currently has a daily average trading volume of 7.98M but it saw 5632143 shares traded on Thursday. With a market cap of 3.15B USD, stock’s current market price of $5.19 came falling about -1.70 while comparing to the previous closing price of $5.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.00 and as low as $3.41. In the recent trading on the day, stock has struck highest price mark of $5.28 while lowest mark touched by it was $5.17.
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Taking a look at 20-day trading activity of Hecla Mining Company (HL) gives us an average price of $5.65, while its current price level is -25.86% below from 52-week high level whereas it is 52.27% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.98 while that of 200 days or SMA-200 reads an average of $5.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.49% during that period while stretching the period over a month that increases to 3.94%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 33.76 which implies that the stock is in neutral territory.
Hecla Mining Company (HL)’s stock is currently under the radar of 8 analysts who are in consensus at a 12-month price target range of between $5.75 and $8.25 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $5.75 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $8.25. Average price target assigned by them is $7.03 which highlights an upside potential of 26.17% for the stock over that period. And to attain the median price target of $7.50 assigned by those analysts, stock has to add about 30.8% of value to its current levels.
Data by FactSet Research shows that 8 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 5 analysts suggested the investors to Buy the stock while 3 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, HL’s stock price is moving -1.70% down while it is -15.88% when we observe its performance for the past one month. Year-to-date it is -6.61% down and over the past year, the stock is showing an upside performance of 10.01%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.01 beaten by the consensus estimate of $0.02 for the same. For HL, analysts are forecasting an EPS-growth rate of 125.00% for current year and estimate for EPS growth in next year is 55.60%. In next quarter, company is expected to be making quarterly sales of $224.68 million as analysts are expecting the sales for current fiscal year at $851.31 million and seeing the company making $870.13 million in sales next year. Moreover, analysts are in estimates of $196.01 million for current-quarter revenue.
Currently, Hecla Mining Company’s total number of outstanding shares is 600.08M with 7.24% of that held by the insiders while 61.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.20% and return on equity (ROE) at -2.30%. It has a 36.29 of forward P/E ratio. Stock’s beta reads 2.08. Stock has a price to book (P/B) ratio of 1.56 while price to sale or P/S ratio amounts to 4.30. Its return on asset (ROA) is -1.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that VanEck Gold Miners ETF came shrinking its share ownership by 0.13% in the Hecla Mining Company (HL) increasing its stake to 5.67% with control over 45958.0 shares in the company. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.04% in the company and now holds 17.93 million or 2.95% of the company’s stake having worth of about 108.5 million.
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