Long-Time Horizon Analysis of Hecla Mining Co (HL) Stock

A share price of Hecla Mining Co [HL] is currently trading at $5.87, up 6.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HL shares have gain 8.70% over the last week, with a monthly amount drifted -2.49%, and not 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 experienced fluctuations in its stock price throughout the past year between $3.33 and $7.68. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Hecla Mining Co [NYSE: HL] shares were valued at $5.87 at the most recent close of the market. An investor can expect a potential return of 19.25% based on the average HL price forecast.

Analyzing the HL fundamentals

Trailing Twelve Months sales for Hecla Mining Co [NYSE:HL] were 840.96M which represents 34.73% growth. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.

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 5.72 points at the first support level, and at 5.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.08, and for the 2nd resistance point, it is at 6.30.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Hecla Mining Co [NYSE:HL] is 1.09. Further, the Quick Ratio stands at 0.54, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 4.33, the price to book ratio is 1.81.

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.

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