The stock of Hecla Mining Co. (NYSE:HL) last traded at $5.90, down -1.83% from the previous session.
HL stock price is now 7.78% away from the 50-day moving average and 26.91% away from the 200-day moving average. The market capitalization of the company currently stands at $3.70B.
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With the price target enhanced from $4 to $4.40, ROTH MKM Upgraded its rating from Neutral to Buy for Hecla Mining Co. (NYSE: HL). , while ‘National Bank Financial’ rates the stock as ‘Outperform’
In other news, Clary Michael L., Sr. VP & CAO sold 30,634 shares of the company’s stock on Jun 25 ’24. The stock was sold for $150,260 at an average price of $4.91. Upon completion of the transaction, the Sr. VP & CAO now directly owns 351,972 shares in the company, valued at $2.08 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 25 ’24, VP – Corp. Develop & Sustain. Brown Robert Denis sold 24,792 shares of the business’s stock. A total of $121,605 was realized by selling the stock at an average price of $4.91. This leaves the insider owning 607,649 shares of the company worth $3.59 million. A total of 6.61% of the company’s stock is owned by insiders.
During the past 12 months, Hecla Mining Co. has had a low of $3.33 and a high of $6.35. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 1.67, and a quick ratio of 1.00. The fifty day moving average price for HL is $5.4928 and a two-hundred day moving average price translates $4.66225 for the stock.
The latest earnings results from Hecla Mining Co. (NYSE: HL) was released for 2024-03-31. According to the Other Precious Metals & Mining Company, earnings per share came in at 0.03, beating analysts’ expectations of 0 by 0.03. This compares to -$0.01 EPS in the same period last year. The net profit margin was -12.30% and return on equity was -4.39% for HL. The company reported revenue of $189.53 million for the quarter, compared to $199.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.0 percent. For the current quarter, analysts expect HL to generate $219.2M in revenue.
