Hecla Mining (NYSE:HL – Get Free Report) was downgraded by analysts at StockNews.com from a “maintain” score to a “promote” score in a report issued on Thursday.
Different equities analysts have additionally lately issued analysis studies concerning the inventory. Roth Mkm reduce their goal value on shares of Hecla Mining from $6.25 to $6.00 and set a “purchase” score for the corporate in a analysis report on Thursday, August eighth. HC Wainwright reiterated a “purchase” score and set a $10.25 value goal on shares of Hecla Mining in a report on Thursday, August eighth. One analyst has rated the inventory with a promote score, two have issued a maintain score, three have assigned a purchase score and one has assigned a powerful purchase score to the inventory. Primarily based on information from MarketBeat, Hecla Mining at present has a mean score of “Reasonable Purchase” and a mean goal value of $7.56.
View Our Newest Analysis Report on HL
Hecla Mining Inventory Efficiency
Shares of HL opened at $6.78 on Thursday. The corporate has a present ratio of 1.29, a fast ratio of 0.58 and a debt-to-equity ratio of 0.29. The inventory has a market cap of $4.25 billion, a P/E ratio of -45.20 and a beta of two.01. The corporate has a 50-day shifting common of $6.20 and a two-hundred day shifting common of $5.67. Hecla Mining has a 12-month low of $3.33 and a 12-month excessive of $7.40.
Hecla Mining (NYSE:HL – Get Free Report) final introduced its earnings outcomes on Tuesday, August sixth. The fundamental supplies firm reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.01. The corporate had income of $245.66 million in the course of the quarter, in comparison with analysts’ expectations of $208.80 million. Hecla Mining had a damaging internet margin of 5.56% and a damaging return on fairness of 0.42%. Throughout the identical quarter within the earlier yr, the enterprise posted $0.03 earnings per share. As a bunch, analysis analysts predict that Hecla Mining will submit 0.07 EPS for the present fiscal yr.
Insider Exercise at Hecla Mining
In associated information, VP Kurt Allen offered 108,612 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, September seventeenth. The shares have been offered at a mean value of $6.77, for a complete worth of $735,303.24. Following the completion of the sale, the vice chairman now immediately owns 173,700 shares within the firm, valued at roughly $1,175,949. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Change Fee, which may be accessed by the SEC web site. 1.40% of the inventory is owned by insiders.
Institutional Buyers Weigh In On Hecla Mining
Quite a few institutional traders have lately purchased and offered shares of HL. nVerses Capital LLC lifted its place in Hecla Mining by 36.5% in the course of the third quarter. nVerses Capital LLC now owns 43,000 shares of the fundamental supplies firm’s inventory valued at $287,000 after shopping for a further 11,500 shares within the final quarter. SPC Monetary Inc. lifted its place in Hecla Mining by 81.9% in the course of the third quarter. SPC Monetary Inc. now owns 25,100 shares of the fundamental supplies firm’s inventory valued at $167,000 after shopping for a further 11,300 shares within the final quarter. Inventive Planning lifted its place in Hecla Mining by 10.0% in the course of the third quarter. Inventive Planning now owns 114,721 shares of the fundamental supplies firm’s inventory valued at $765,000 after shopping for a further 10,404 shares within the final quarter. Sound Revenue Methods LLC acquired a brand new place in Hecla Mining in the course of the third quarter valued at roughly $49,000. Lastly, CWM LLC lifted its place in Hecla Mining by 29.8% in the course of the third quarter. CWM LLC now owns 22,471 shares of the fundamental supplies firm’s inventory valued at $150,000 after shopping for a further 5,159 shares within the final quarter. 63.01% of the inventory is at present owned by hedge funds and different institutional traders.
Hecla Mining Firm Profile
Hecla Mining Firm, along with its subsidiaries, supplies treasured and base metallic properties in the USA, Canada, Japan, Korea, and China. The corporate mines for silver, gold, lead, and zinc concentrates, in addition to carbon materials containing silver and gold for customized smelters, metallic merchants, and third-party processors; and doré containing silver and gold.
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