Hecla Mining (HL) Stock Price, News & Analysis

Company Overview

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. It flagship project is the Greens Creek mine located on Admiralty Island in southeast Alaska. Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.

Key Stats

• Today's Range: $6.57 to $6.86
• 50-Day Range: $4.74 to $6.83
• 52-Week Range: $3.33 to $6.99
• Volume: 3.53 million shs
• Average Volume: 8.43 million shs
• Market Capitalization: $4.14 billion
• P/E Ratio: N/A
• Dividend Yield: 0.76%
• Price Target: $7.56
• Consensus Rating: Moderate Buy

Hecla Mining Stock Analysis - MarketRank™

Hecla Mining scored higher than 85% of companies evaluated by MarketBeat, and ranked 59th out of 197 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hecla Mining has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hecla Mining has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 125.00%

Earnings Growth

Earnings for Hecla Mining are expected to grow by 125.00% in the coming year, from $0.04 to $0.09 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hecla Mining is -43.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hecla Mining is -43.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Hecla Mining has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.13% of the outstanding shares of Hecla Mining have been sold short.

Short Interest Ratio / Days to Cover

Hecla Mining has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hecla Mining has recently decreased by 8.25%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Hecla Mining has a dividend yield of 0.85%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hecla Mining does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Hecla Mining will have a dividend payout ratio of 55.56% next year. This indicates that Hecla Mining will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -6.29

Percentage of Shares Shorted

2.13% of the outstanding shares of Hecla Mining have been sold short.

Short Interest Ratio / Days to Cover

Hecla Mining has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hecla Mining has recently decreased by 8.25%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.70

News Sentiment

Hecla Mining has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Hecla Mining this week, compared to 5 articles on an average week.

Search Interest

23 people have searched for HL on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.

MarketBeat Follows

Only 9 people have added Hecla Mining to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hecla Mining insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,064,789.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Hecla Mining is held by insiders.

Percentage Held by Institutions

63.01% of the stock of Hecla Mining is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HL Stock Analysis - Frequently Asked Questions

How have HL shares performed this year?

Hecla Mining's stock was trading at $4.81 at the start of the year. Since then, HL shares have increased by 35.8% and is now trading at $6.53.
View the best growth stocks for 2024 here.

How were Hecla Mining's earnings last quarter?

Hecla Mining (NYSE:HL) released its quarterly earnings results on Tuesday, August, 6th. The basic materials company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The basic materials company had revenue of $245.66 million for the quarter, compared to analyst estimates of $208.80 million. Hecla Mining had a negative net margin of 5.56% and a negative trailing twelve-month return on equity of 0.42%.

Who are Hecla Mining's major shareholders?

Top institutional shareholders of Hecla Mining include Van ECK Associates Corp (8.37%), Dimensional Fund Advisors LP (5.53%), Ninety One UK Ltd (1.31%) and Encompass Capital Advisors LLC (0.65%). Insiders that own company stock include Robert Denis Brown, Russell Douglas Lawlar, Michael L Clary, Kurt Allen and George R Johnson.
View institutional ownership trends.

How do I buy shares of Hecla Mining?

Shares of HL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hecla Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hecla Mining investors own include Yankuang Energy Group (YZCAY), Coeur Mining (CDE), Two Harbors Investment (TWO), Endeavour Silver (EXK), First Majestic Silver (AG), Yamana Gold (AUY) and Wheaton Precious Metals (WPM).

Company Calendar

• Last Earnings: 8/06/2024
• Ex-Dividend for 9/5 Dividend: 8/26/2024
• Dividend Payable: 9/05/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Mining & quarrying of nonmetallic minerals, except fuels
• Sub-Industry: Precious Metals & Minerals
• Current Symbol: NYSE:HL
• CUSIP: 42270410
• CIK: 719413
• Web: www.hecla-mining.com
• Phone: (208) 769-4100
• Fax: 208-769-7612
• Employees: 1,775
• Year Founded: 1891

Price Target and Rating

• Average Stock Price Target: $7.56
• High Stock Price Target: $10.25
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +14.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.15)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 165.25
• P/E Growth: N/A
• Net Income: $-84,220,000.00
• Net Margins: -5.56%
• Pretax Margin: -5.08%
• Return on Equity: -0.42%
• Return on Assets: -0.28%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 1.29
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $777.78 million
• Price / Sales: 5.32
• Cash Flow: $0.29 per share
• Price / Cash Flow: 23.17
• Book Value: $3.18 per share
• Price / Book: 2.08

Miscellaneous

• Outstanding Shares: 626,290,000
• Free Float: 617,522,000
• Market Cap: $4.14 billion
• Optionable: Optionable
• Beta: 2.00