Closing Figures: Hecla Mining Co. (HL)’s Negative Finish at 5.06, Down -4.71

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After finishing at $5.31 in the prior trading day, Hecla Mining Co. (NYSE: HL) closed at $5.06, down -4.71%. In other words, the price has decreased by $-4.71 from its previous closing price. On the day, 9.52 million shares were traded. HL stock price reached its highest trading level at $5.22 during the session, while it also had its lowest trading level at $4.94.

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 3120972544 and an Enterprise Value of 3684987904. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.39 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 5.116 whereas that against EBITDA is 18.327.

Stock Price History:

The Beta on a monthly basis for HL is 2.18, which has changed by -0.1851852 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, HL has reached a high of $6.40, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 16.20%, while the 200-Day Moving Average is calculated to be 13.35%.

Shares Statistics:

The stock has traded on average 7.71M shares per day over the past 3-months and 9792730 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 585.37M. Insiders hold about 6.36% of the company’s shares, while institutions hold 60.14% stake in the company. Shares short for HL as of 1711584000 were 18325892 with a Short Ratio of 2.38, compared to 1709164800 on 16684226. Therefore, it implies a Short% of Shares Outstanding of 18325892 and a Short% of Float of 3.01.

Dividends & Splits

In the trailing 12 months, HL’s forward annual dividend rate was 0.025, compared to 0.01 this year. The stock’s 5-year Average Dividend Yield is 0.48.

Earnings Estimates

A comprehensive evaluation of Hecla Mining Co. (HL) is underway, with the input of 4 analysts contributing to its current rating.On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.01 and a low estimate of $-0.01, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.01, with high estimates of $0.02 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.08 and $-0.06 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.14, with 6 analysts recommending between $0.34 and $0.03.

Revenue Estimates

2 analysts predict $188.55M in revenue for the current quarter. It ranges from a high estimate of $194.1M to a low estimate of $183M. As of the current estimate, Hecla Mining Co.’s year-ago sales were $199.5M, an estimated decrease of -5.50% from the year-ago figure.

A total of 6 analysts have provided revenue estimates for HL’s current fiscal year. The highest revenue estimate was $857.2M, while the lowest revenue estimate was $751.7M, resulting in an average revenue estimate of $809.73M. In the same quarter a year ago, actual revenue was $720.23M, up 12.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $786.55M in the next fiscal year. The high estimate is $824M and the low estimate is $773.1M. The average revenue growth estimate for next year is down -2.90% from the average revenue estimate for this year.

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