Market Insights: Hecla Mining Co. (HL)’s Notable Drop of -2.38, Closing at 6.15

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Hecla Mining Co.’s stock clocked out at $6.15, down -2.38% from its previous closing price of $6.30. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 8.86 million shares were traded. HL stock price reached its highest trading level at $6.35 during the session, while it also had its lowest trading level at $6.1.

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 1.00 and its Current Ratio is at 1.67. 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 Jun 25 ’24 when Clary Michael L. sold 30,634 shares for $4.91 per share. The transaction valued at 150,260 led to the insider holds 351,972 shares of the business.

Brown Robert Denis sold 24,792 shares of HL for $121,605 on Jun 25 ’24. The VP – Corp. Develop & Sustain. now owns 607,649 shares after completing the transaction at $4.91 per share. On Jun 25 ’24, another insider, Sienko David C, who serves as the VP – General Counsel of the company, sold 14,559 shares for $4.91 each. As a result, the insider received 71,412 and left with 996,123 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 3945630976 and an Enterprise Value of 4398670848. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.42 while its Price-to-Book (P/B) ratio in mrq is 1.94. Its current Enterprise Value per Revenue stands at 6.193 whereas that against EBITDA is 20.46.

Stock Price History:

Over the past 52 weeks, HL has reached a high of $6.30, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 13.35%, while the 200-Day Moving Average is calculated to be 32.91%.

Shares Statistics:

It appears that HL traded 9.25M shares on average per day over the past three months and 8991380 shares per day over the past ten days. A total of 599.08M shares are outstanding, with a floating share count of 584.92M. Insiders hold about 6.61% of the company’s shares, while institutions hold 60.99% stake in the company. Shares short for HL as of 1719532800 were 22182634 with a Short Ratio of 2.40, compared to 1717113600 on 17372462. Therefore, it implies a Short% of Shares Outstanding of 22182634 and a Short% of Float of 3.5900000000000003.

Dividends & Splits

With its trailing 12-month dividend rate of 0.025, HL has a forward annual dividend rate of 0.02. Against a Trailing Annual Dividend Yield of 0.0039682537The stock’s 5-year Average Dividend Yield is 0.48.

Most Popular