Hecla Mining Company (NYSE: HL) is 7.56% higher on its value in year-to-date trading and has touched a low of $1.40 and a high of $7.06 in the current 52-week trading range. The HL stock was last observed hovering at around $6.96 in the last trading session, with the day’s gains setting it 0.01%.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Currently trading at $6.97, the stock is 17.67% and 29.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.94 million and changing 0.14% at the moment leaves the stock 58.25% off its SMA200. HL registered 104.40% gain for a year compared to 6-month gain of 93.61%. The firm has a 50-day simple moving average (SMA 50) of $5.56 and a 200-day simple moving average (SMA200) of $5.21.
The stock witnessed a 34.56% loss in the last 1 month and extending the period to 3 months gives it a 38.84%, and is 13.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.85% over the week and 5.39% over the month.
Hecla Mining Company (HL) has around 1622 employees, a market worth around $3.80B and $727.90M in sales. Fwd P/E is 26.01. Profit margin for the company is -3.60%. Distance from 52-week low is 397.86% and -1.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.50%).
Hecla Mining Company (HL) Analyst Forecasts
Hecla Mining Company quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $185.53M over the same period.The EPS is expected to shrink by -226.30% this year, but quarterly earnings will post 2.50% year-over-year. Quarterly sales are estimated to shrink -17.50% in year-over-year returns.
Hecla Mining Company (HL) Top Institutional Holders
340 institutions hold shares in Hecla Mining Company (HL), with 9.57M shares held by insiders accounting for 1.80% while institutional investors hold 62.22% of the company’s shares. The shares outstanding are 529.84M, and float is at 521.45M with Short Float at 2.37%. Institutions hold 61.09% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 51.86 million shares valued at $263.46 million. The investor’s holdings represent 9.77% of the HL Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 45.71 million shares valued at $232.21 million to account for 8.61% of the shares outstanding. The other top investors are Blackrock Inc. which holds 38.23 million shares representing 7.20% and valued at over $194.19 million, while Dimensional Fund Advisors LP holds 6.29% of the shares totaling 33.4 million with a market value of $169.65 million.
Hecla Mining Company (HL) Insider Activity
A total of 12 insider transactions have happened at Hecla Mining Company (HL) in the last six months, with sales accounting for 3 and purchases happening 9 times. The most recent transaction is an insider sale by Rogers Terry V, the company’s Director. SEC filings show that Rogers Terry V sold 35,000 shares of the company’s common stock on Aug 13 at a price of $5.96 per share for a total of $0.21 million. Following the sale, the insider now owns 70013.0 shares.
Hecla Mining Company disclosed in a document filed with the SEC on Aug 13 that Sienko David C (VP & General Counsel) sold a total of 75,000 shares of the company’s common stock. The trade occurred on Aug 13 and was made at $6.01 per share for $0.45 million. Following the transaction, the insider now directly holds 0.85 million shares of the HL stock.
Still, SEC filings show that on Aug 12, Brown Robert Denis (VP – Corporate Development) disposed off 172,000 shares at an average price of $5.80 for $1.0 million. The insider now directly holds 437,981 shares of Hecla Mining Company (HL).
Hecla Mining Company (HL): Who are the competitors?
The company’s main competitors (and peers) include Coeur Mining Inc. (CDE) that is trading 60.67% up over the past 12 months. Endeavour Silver Corp. (EXK) is 135.71% up on the 1-year trading charts. Short interest in the company’s stock has risen 22.12% from the last report on Nov 12, 2020 to stand at a total of 9.61 million short shares sold with a short interest ratio of 1.66.