Insider’s View: Deciphering Hecla Mining Co. (HL)’s Financial Health Through Ratios

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The price of Hecla Mining Co. (NYSE: HL) closed at $6.53 in the last session, down -3.40% from day before closing price of $6.76. In other words, the price has decreased by -$3.40 from its previous closing price. On the day, 14.52 million shares were traded. HL stock price reached its highest trading level at $6.99 during the session, while it also had its lowest trading level at $6.5.

Ratios:

We take a closer look at HL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.29.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when Allen Kurt sold 108,612 shares for $6.77 per share. The transaction valued at 734,988 led to the insider holds 173,700 shares of the business.

Absolom Stuart Maurice sold 4,499 shares of HL for $22,068 on Jun 25 ’24. The VP – Principal Acctg. Officer now owns 69,036 shares after completing the transaction at $4.91 per share. On Jun 25 ’24, another insider, Aguiar Rodriguez Carlos Robert, who serves as the VP – Operations of the company, sold 7,140 shares for $4.91 each. As a result, the insider received 35,022 and left with 197,354 shares of the company.

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 4054496512 and an Enterprise Value of 4629944832. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.29 while its Price-to-Book (P/B) ratio in mrq is 2.04. Its current Enterprise Value per Revenue stands at 5.953 whereas that against EBITDA is 20.318.

Stock Price History:

Over the past 52 weeks, HL has reached a high of $6.95, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 13.55%, while the 200-Day Moving Average is calculated to be 31.27%.

Shares Statistics:

According to the various share statistics, HL traded on average about 8.85M shares per day over the past 3-months and 10962170 shares per day over the past 10 days. A total of 599.08M shares are outstanding, with a floating share count of 588.31M. Insiders hold about 6.58% of the company’s shares, while institutions hold 64.91% stake in the company. Shares short for HL as of 1724976000 were 13343171 with a Short Ratio of 1.51, compared to 1722384000 on 15448106. Therefore, it implies a Short% of Shares Outstanding of 13343171 and a Short% of Float of 2.18.

Dividends & Splits

The forward annual dividend rate for HL is 0.03, which was 0.033 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0048816567The stock’s 5-year Average Dividend Yield is 0.47.

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