FY2025 EPS Forecast for Hecla Mining Increased by Analyst

Hecla Mining (NYSE:HL - Free Report) - Equities researchers at Roth Capital boosted their FY2025 earnings per share estimates for Hecla Mining in a research note issued to investors on Monday, November 11th. Roth Capital analyst J. Reagor now anticipates that the basic materials company will post earnings per share of $0.05 for the year, up from their previous estimate of $0.04. The consensus estimate for Hecla Mining's current full-year earnings is $0.07 per share.

Hecla Mining (NYSE:HL - Get Free Report) last announced its earnings results on Wednesday, November 6th. The basic materials company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. Hecla Mining had a negative net margin of 2.27% and a positive return on equity of 0.76%. The business had revenue of $245.09 million during the quarter, compared to the consensus estimate of $232.03 million. During the same period in the previous year, the company posted ($0.01) earnings per share. The firm's revenue was up 34.7% on a year-over-year basis.

Several other analysts have also commented on the company. Roth Mkm decreased their price objective on Hecla Mining from $6.25 to $6.00 and set a "buy" rating for the company in a report on Thursday, August 8th. National Bank Financial downgraded Hecla Mining from a "strong-buy" rating to a "hold" rating in a report on Friday. HC Wainwright restated a "buy" rating and set a $10.25 price target on shares of Hecla Mining in a research note on Thursday, August 8th. TD Securities lowered their target price on shares of Hecla Mining from $8.50 to $8.00 and set a "buy" rating for the company in a research note on Friday. Finally, StockNews.com lowered shares of Hecla Mining from a "hold" rating to a "sell" rating in a research note on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $7.94.

Hecla Mining Stock Down 3.0 %

NYSE:HL traded down $0.17 during midday trading on Tuesday, reaching $5.41. 8,503,774 shares of the stock traded hands, compared to its average volume of 9,100,736. The stock has a market capitalization of $3.41 billion, a PE ratio of -139.25 and a beta of 2.00. Hecla Mining has a 12-month low of $3.33 and a 12-month high of $7.68. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.58 and a current ratio of 1.29. The business has a 50-day moving average of $6.52 and a two-hundred day moving average of $5.84.

Hecla Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, November 21st will be issued a $0.0138 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.06 annualized dividend and a dividend yield of 1.02%. Hecla Mining's dividend payout ratio (DPR) is presently -125.00%.

Insider Buying and Selling

In related news, VP Kurt Allen sold 108,612 shares of Hecla Mining stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $6.77, for a total value of $735,303.24. Following the completion of the transaction, the vice president now owns 173,700 shares in the company, valued at $1,175,949. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Hecla Mining by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 59,420,114 shares of the basic materials company's stock valued at $285,811,000 after acquiring an additional 1,506,573 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Hecla Mining in the 1st quarter valued at $727,000. SG Americas Securities LLC increased its stake in shares of Hecla Mining by 148.9% in the 1st quarter. SG Americas Securities LLC now owns 39,208 shares of the basic materials company's stock worth $189,000 after acquiring an additional 23,457 shares during the last quarter. First Eagle Investment Management LLC raised its holdings in shares of Hecla Mining by 26.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,624,677 shares of the basic materials company's stock worth $7,880,000 after acquiring an additional 340,000 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Hecla Mining during the 2nd quarter valued at about $6,280,000. Institutional investors and hedge funds own 63.01% of the company's stock.

About Hecla Mining

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.