Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $5.05 in the prior trading day, Hecla Mining Co. (NYSE: HL) closed at $5.11, up 1.19%. In other words, the price has increased by $1.19 from its previous closing price. On the day, 9.67 million shares were traded. HL stock price reached its highest trading level at $5.14 during the session, while it also had its lowest trading level at $4.96.
Ratios:
Our goal is to gain a better understanding of HL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on October 13, 2023, Upgraded its rating to Buy and sets its target price to $4.40 from $4 previously.
On June 28, 2023, National Bank Financial started tracking the stock assigning a Outperform rating and target price of $7.50.National Bank Financial initiated its Outperform rating on June 28, 2023, with a $7.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 22 ’23 when Johnson George R bought 8,500 shares for $4.07 per share. The transaction valued at 34,585 led to the insider holds 25,773 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HL now has a Market Capitalization of 3151812352 and an Enterprise Value of 3715851264. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.44 while its Price-to-Book (P/B) ratio in mrq is 1.56. Its current Enterprise Value per Revenue stands at 5.159 whereas that against EBITDA is 18.481.
Stock Price History:
Over the past 52 weeks, HL has reached a high of $6.29, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 14.00%, while the 200-Day Moving Average is calculated to be 14.50%.
Shares Statistics:
The stock has traded on average 8.05M shares per day over the past 3-months and 9454060 shares per day over the last 10 days, according to various share statistics. A total of 599.08M shares are outstanding, with a floating share count of 584.61M. Insiders hold about 6.36% of the company’s shares, while institutions hold 59.85% stake in the company. Shares short for HL as of 1713139200 were 21107186 with a Short Ratio of 2.62, compared to 1710460800 on 19161587. Therefore, it implies a Short% of Shares Outstanding of 21107186 and a Short% of Float of 3.47.
Dividends & Splits
In the trailing 12 months, HL’s forward annual dividend rate was 0.025, compared to 0.03 this year. Against a Trailing Annual Dividend Yield of 0.004950495The stock’s 5-year Average Dividend Yield is 0.48.
