Hecla Mining Co. [HL] stock is trading at $6.70, up 2.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The HL shares have gain 4.20% over the last week, with a monthly amount drifted -1.62%, and not seem to be holding up well over a long-time horizon.
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
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 $7.40 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 $6.70 at the most recent close of the market. An investor can expect a potential drop of -5.52% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.
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 6.55 points at the first support level, and at 6.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.78, and for the 2nd resistance point, it is at 6.86.
Ratios To Look Out For
For context, Hecla Mining Co.’s Current Ratio is 1.29. On the other hand, the Quick Ratio is 0.58, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 5.42, the price to book ratio is 2.09.
Transactions by insiders
Recent insider trading involved Aguiar Rodriguez Carlos Robert, VP-Operations, that happened on Oct 02 ’24 when 5.0 shares were purchased. VP-Exploration, Allen Kurt completed a deal on Sep 17 ’24 to sell 0.11 million shares. Meanwhile, VP – Principal Acctg. Officer Absolom Stuart Maurice sold 4499.0 shares on Jun 25 ’24.
