In yesterday’s Wall Street session, Hecla Mining Co. (NYSE:HL) shares traded at $5.93, down -0.67% from the previous session.
HL stock price is now 7.45% away from the 50-day moving average and 21.30% away from the 200-day moving average. The market capitalization of the company currently stands at $3.73B.
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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, Absolom Stuart Maurice, VP – Principal Acctg. Officer sold 4,499 shares of the company’s stock on Jun 25 ’24. The stock was sold for $22,068 at an average price of $4.91. Upon completion of the transaction, the VP – Principal Acctg. Officer now directly owns 69,036 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 25 ’24, VP – Operations Aguiar Rodriguez Carlos Robert sold 7,140 shares of the business’s stock. A total of $35,022 was realized by selling the stock at an average price of $4.91. This leaves the insider owning 197,354 shares of the company worth $1.17 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 0.30, a current ratio of 1.29, and a quick ratio of 0.58. The fifty day moving average price for HL is $5.5306 and a two-hundred day moving average price translates $4.9008 for the stock.
The latest earnings results from Hecla Mining Co. (NYSE: HL) was released for 2024-06-30. The net profit margin was -5.63% and return on equity was -2.18% for HL. The company reported revenue of $245.66 million for the quarter, compared to $178.13 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 37.91 percent. For the current quarter, analysts expect HL to generate $219.65M in revenue.
