Hecla Mining (NYSE:HL) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd boosted its position in shares of Hecla Mining (NYSE:HL - Free Report) by 753.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 248,978 shares of the basic materials company's stock after acquiring an additional 219,811 shares during the period. XTX Topco Ltd's holdings in Hecla Mining were worth $1,661,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Cetera Advisors LLC raised its holdings in shares of Hecla Mining by 48.9% in the first quarter. Cetera Advisors LLC now owns 15,532 shares of the basic materials company's stock worth $75,000 after buying an additional 5,104 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Hecla Mining by 261.2% in the second quarter. SG Americas Securities LLC now owns 141,600 shares of the basic materials company's stock worth $687,000 after buying an additional 102,392 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of Hecla Mining by 313.6% in the second quarter. Continuum Advisory LLC now owns 6,551 shares of the basic materials company's stock worth $32,000 after buying an additional 4,967 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Hecla Mining in the second quarter worth $91,000. Finally, Ninety One UK Ltd increased its stake in shares of Hecla Mining by 17.0% in the second quarter. Ninety One UK Ltd now owns 8,219,231 shares of the basic materials company's stock worth $39,863,000 after acquiring an additional 1,196,515 shares during the period. Hedge funds and other institutional investors own 63.01% of the company's stock.

Hecla Mining Trading Down 2.6 %

NYSE:HL traded down $0.15 on Friday, hitting $5.52. The stock had a trading volume of 7,635,367 shares, compared to its average volume of 12,811,440. The company has a quick ratio of 0.54, a current ratio of 1.09 and a debt-to-equity ratio of 0.24. The stock has a market cap of $3.47 billion, a price-to-earnings ratio of -138.00 and a beta of 1.92. The company has a fifty day moving average price of $6.21 and a two-hundred day moving average price of $5.88. Hecla Mining has a 1-year low of $3.33 and a 1-year high of $7.68.

Hecla Mining (NYSE:HL - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. Hecla Mining had a negative net margin of 2.27% and a positive return on equity of 0.75%. The firm had revenue of $245.09 million for the quarter, compared to analyst estimates of $232.03 million. During the same period in the prior year, the business posted ($0.01) EPS. The business's revenue for the quarter was up 34.7% compared to the same quarter last year. Equities research analysts expect that Hecla Mining will post 0.06 earnings per share for the current fiscal year.

Hecla Mining Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Thursday, November 21st were paid a dividend of $0.0138 per share. This represents a $0.06 annualized dividend and a yield of 1.00%. The ex-dividend date was Thursday, November 21st. Hecla Mining's payout ratio is currently -125.00%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com lowered shares of Hecla Mining from a "hold" rating to a "sell" rating in a research note on Thursday, October 17th. National Bank Financial cut shares of Hecla Mining from a "strong-buy" rating to a "hold" rating in a report on Friday, November 8th. Finally, TD Securities cut their price objective on shares of Hecla Mining from $8.50 to $8.00 and set a "buy" rating for the company in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $7.94.

Insider Buying and Selling

In other Hecla Mining news, VP Kurt Allen sold 108,612 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $6.77, for a total value of $735,303.24. Following the sale, the vice president now directly owns 173,700 shares of the company's stock, valued at approximately $1,175,949. This represents a 38.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.40% of the stock is owned by insiders.

Hecla Mining Company Profile

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.