A share price of Hecla Mining Co. [HL] is currently trading at $4.81, up 7.13%. An important factor to consider is whether the stock is rising or falling in short-term value. The HL shares have gain 11.09% over the last week, with a monthly amount glided 40.64%, and seem to be holding up well over a long-time horizon.
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On 28, March 2024, Hecla Files NI43-101 Technical Reports for Keno Hill and Casa Berardi Mines. In a post published today on Yahoo Finance, Hecla Mining Company (NYSE:HL) today announced it has filed NI43-101 Technical Reports for the Casa Berardi mine in Quebec and Keno Hill mine in Yukon, Canada.
From an analyst’s perspective:
Hecla Mining Co. [NYSE: HL] stock has seen the most recent analyst activity on October 13, 2023, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $4.40 from $4. On June 28, 2023, National Bank Financial initiated with a Outperform rating and assigned a price target of $7.50 on the stock. Cantor Fitzgerald downgraded its rating to a Hold. ROTH MKM downgraded its rating to a Neutral and raised its price target to $6.25 on April 14, 2023. Canaccord Genuity upgraded its rating to Buy for this stock on October 19, 2022, and upped its price target to $5. In a note dated May 11, 2022, ROTH Capital upgraded an Buy rating on this stock and revised its target price from $6.50 to $6.25.
Hecla Mining Co. experienced fluctuations in its stock price throughout the past year between $3.33 and $6.99. Currently, Wall Street analysts expect the stock to reach $5.17 within the next 12 months. Hecla Mining Co. [NYSE: HL] shares were valued at $4.81 at the most recent close of the market. An investor can expect a potential return of 7.48% based on the average HL price forecast.
Analyzing the HL fundamentals
Trailing Twelve Months sales for Hecla Mining Co. [NYSE:HL] were 720.23M which represents -18.48% decline. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.04 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.58 points at the first support level, and at 4.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.95, and for the 2nd resistance point, it is at 5.10.
Hecla Mining Co. [HL] reported earnings per share of -$0.04 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of -$0.02 and a surprise factor of -100.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hecla Mining Co. [NYSE:HL] is 1.65. On the other hand, the Quick Ratio is 1.06, and the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 4.17, the price to book ratio is 1.46.
Transactions by insiders
Recent insider trading involved Johnson George R, Director, that happened on Aug 22 ’23 when 8500.0 shares were purchased.
