Hecla Mining Co. (HL) Shares See Highest Trading Level at $5.59

As of close of business last night, Hecla Mining Co.’s stock clocked out at $5.59, up 2.76% from its previous closing price of $5.44. In other words, the price has increased by $+0.15 from its previous closing price. On the day, 13798020 shares were traded. HL stock price reached its highest trading level at $5.83 during the session, while it also had its lowest trading level at $5.55.

Ratios:

To gain a deeper understanding of HL’s stock, we examine 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 3.45B and an Enterprise Value of 4.00B. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.85 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 5.56 whereas that against EBITDA is 32.29.

Stock Price History:

Over the past 52 weeks, HL has reached a high of $6.99, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 4.10, while the 200-Day Moving Average is calculated to be 4.46.

Shares Statistics:

It appears that HL traded 7.03M shares on average per day over the past three months and 10.65M shares per day over the past ten days. A total of 599.08M shares are outstanding, with a floating share count of 580.93M. Insiders hold about 7.07% of the company’s shares, while institutions hold 60.09% stake in the company. Shares short for HL as of Mar 28, 2024 were 18.33M with a Short Ratio of 2.73, compared to 16.68M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.97% and a Short% of Float of 3.01%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.03, HL has a forward annual dividend rate of 0.03. Against a Trailing Annual Dividend Yield of 0.46%, it implies a Forward Annual Dividend Yield of 0.45%. The stock’s 5-year Average Dividend Yield is 0.48.

Earnings Estimates

As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 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 $0.06 and -$0.06 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.12, with 5 analysts recommending between $0.23 and $0.03.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $182.35M. It ranges from a high estimate of $191M to a low estimate of $173.7M. As of the current estimate, Hecla Mining Co.’s year-ago sales were $199.5M, an estimated decrease of -8.60% 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 $790.68M. In the same quarter a year ago, actual revenue was $720.23M, up 9.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $765.37M in the next fiscal year. The high estimate is $774M and the low estimate is $749M. The average revenue growth estimate for next year is down -3.20% from the average revenue estimate for this year.

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