Market Momentum Report: Hecla Mining Co (HL)’s Positive Close at 5.95

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The price of Hecla Mining Co (NYSE: HL) closed at $5.95 in the last session, up 1.19% from day before closing price of $5.88. In other words, the price has increased by $1.19 from its previous closing price. On the day, 20.63 million shares were traded. HL stock price reached its highest trading level at $6.11 during the session, while it also had its lowest trading level at $5.885.

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 0.54 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.24.

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 Oct 02 ’24 when Aguiar Rodriguez Carlos Robert bought 5 shares for $6.76 per share. The transaction valued at 34 led to the insider holds 197,359 shares of the business.

Allen Kurt sold 108,612 shares of HL for $734,988 on Sep 17 ’24. The VP-Exploration now owns 173,700 shares after completing the transaction at $6.77 per share. On Jun 25 ’24, another insider, Absolom Stuart Maurice, who serves as the VP – Principal Acctg. Officer of the company, sold 4,499 shares for $4.91 each. As a result, the insider received 22,068 and left with 69,036 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 3790238976 and an Enterprise Value of 4264084736. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.51 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 5.07 whereas that against EBITDA is 16.302.

Stock Price History:

The Beta on a monthly basis for HL is 1.92, which has changed by 0.65168536 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, HL has reached a high of $7.68, while it has fallen to a 52-week low of $3.33. The 50-Day Moving Average of the stock is 10.13%, while the 200-Day Moving Average is calculated to be 4.12%.

Shares Statistics:

According to the various share statistics, HL traded on average about 13.30M shares per day over the past 3-months and 16236640 shares per day over the past 10 days. A total of 628.27M shares are outstanding, with a floating share count of 596.40M. Insiders hold about 6.38% of the company’s shares, while institutions hold 66.09% stake in the company. Shares short for HL as of 1736899200 were 16255438 with a Short Ratio of 1.22, compared to 1734048000 on 16778652. Therefore, it implies a Short% of Shares Outstanding of 16255438 and a Short% of Float of 2.5799999000000002.

Dividends & Splits

The forward annual dividend rate for HL is 0.04, which was 0.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.006802721The stock’s 5-year Average Dividend Yield is 0.49.

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