Do futuristic bulls still own Hecla Mining Co [HL] stock?

Hecla Mining Co (NYSE:HL) shares traded -0.57% lower at $5.21 on Wall Street last session.

HL stock price is now -4.23% away from the 50-day moving average and -9.58% away from the 200-day moving average. The market capitalization of the company currently stands at $3.29B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

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, Officer bought 5,300 shares of the company’s stock on Feb 26 ’25. The stock was bought for $27,613 at an average price of $5.21. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Officer Aguiar Rodriguez Carlos Robert bought 5,300 shares of the business’s stock. A total of $27,613 was incurred on buying the stock at an average price of $5.21. A total of 6.38% of the company’s stock is owned by insiders.

During the past 12 months, Hecla Mining Co has had a low of $3.41 and a high of $7.68. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 1.08, and a quick ratio of 0.55.

The net profit margin was 3.79% and return on equity was 1.79% for HL. The company reported revenue of $249.66 million for the quarter, compared to $160.69 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 55.36 percent. For the current quarter, analysts expect HL to generate $238.5M in revenue.

Related Posts