Hecla Mining Co. [HL] stock is trading at $7.07, up 7.28%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HL shares have gain 4.59% over the last week, with a monthly amount glided 14.22%, and seem to be holding up well over a long-time horizon.
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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. [HL] stock has fluctuated between $3.33 and $6.99 over the past year. Currently, Wall Street analysts expect the stock to reach $6.33 within the next 12 months. Hecla Mining Co. [NYSE: HL] shares were valued at $7.07 at the most recent close of the market. An investor can expect a potential drop of -10.47% based on the average HL price forecast.
Analyzing the HL fundamentals
Hecla Mining Co. [NYSE:HL] reported sales of 777.78M for the trailing twelve months, which represents a growth of 37.91%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.29.
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 6.80 points at the first support level, and at 6.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.24, and for the 2nd resistance point, it is at 7.41.
Ratios To Look Out For
For context, Hecla Mining Co.’s Current Ratio is 1.29. Also, the Quick Ratio is 0.58, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 5.72, the price to book ratio is 2.21.
Transactions by insiders
Recent insider trading involved Allen Kurt, VP-Exploration, that happened on Sep 17 ’24 when 0.11 million shares were sold. VP – Principal Acctg. Officer, Absolom Stuart Maurice completed a deal on Jun 25 ’24 to sell 4499.0 shares. Meanwhile, VP – Operations Aguiar Rodriguez Carlos Robert sold 7140.0 shares on Jun 25 ’24.
