Gains May Be On The Menu For Hecla Mining Co (NYSE: HL)

Currently, there are 632.44M common shares owned by the public and among those 592.23M shares have been available to trade.

The company’s stock has a 5-day price change of 13.44% and -12.41% over the past three months. HL shares are trading 4.89% year to date (YTD), with the 12-month market performance up to 3.25% higher. It has a 12-month low price of $4.41 and touched a high of $7.68 over the same period. HL has an average intraday trading volume of 22.78 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.81%, -6.38%, and -10.54% respectively.

Institutional ownership of Hecla Mining Co (NYSE: HL) shares accounts for 66.10% of the company’s 632.44M shares outstanding.

It has a market capitalization of $3.26B and a beta (3y monthly) value of 1.51. The stock’s trailing 12-month PE ratio is 46.35, while the earnings-per-share (ttm) stands at $0.11. The company has a PEG of 1.35 and a Quick Ratio of 0.75 with the debt-to-equity ratio at 0.28. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.25% over the week and 5.40% over the month.

Earnings per share for the fiscal year are expected to increase by 91.92%, and 64.21% over the next financial year.

ROTH MKM coverage for the Hecla Mining Co (HL) stock in a research note released on October 13, 2023 offered a Buy rating with a price target of $4.40. BMO Capital Markets was of a view on September 14, 2023 that the stock is Outperform, while National Bank Financial gave the stock Outperform rating on June 28, 2023, issuing a price target of $7.50. Cantor Fitzgerald on their part issued Hold rating on May 12, 2023.

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