Hecla Mining Company (NYSE: HL) is 12.59% higher on its value in year-to-date trading and has touched a low of $3.41 and a high of $7.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HL stock was last observed hovering at around $6.18 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $6.13 for the next 12 months. It is also 13.66% off the consensus price target high of $7.25 offered by 10 analysts, but current levels are -25.2% lower than the price target low of $5.00 for the same period.
Currently trading at $6.26, the stock is 8.16% and 15.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.08 million and changing 1.29% at the moment leaves the stock 30.38% off its SMA200. HL registered 8.34% gain for a year compared to 6-month gain of 60.10%.
The stock witnessed a 21.08% loss in the last 1 month and extending the period to 3 months gives it a 45.24%, and is 4.68% 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 4.68% over the week and 4.53% over the month.
Hecla Mining Company (HL) has around 1650 employees, a market worth around $3.75B and $709.20M in sales. Fwd P/E is 97.81. Profit margin for the company is -3.00%. Distance from 52-week low is 83.58% and -18.28% from its 52-week high. The company has generated returns on investments over the last 12 months (5.00%).
Hecla Mining Company (HL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Hecla Mining Company (HL) is a “Overweight”. 10 analysts offering their recommendations for the stock have an average rating of 2.30, where 4 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Hecla Mining Company is expected to release its quarterly report on 05/09/2023.The EPS is expected to grow by 435.70% this year.
Hecla Mining Company (HL) Top Institutional Holders
The shares outstanding are 606.27M, and float is at 562.56M with Short Float at 2.70%.
Hecla Mining Company (HL) Insider Activity
A total of 0 insider transactions have happened at Hecla Mining Company (HL) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Hecla Mining Company (HL): Who are the competitors?
The company’s main competitors (and peers) include Coeur Mining Inc. (CDE) that is trading -23.35% down over the past 12 months and First Majestic Silver Corp. (AG) that is -32.15% lower over the same period. Endeavour Silver Corp. (EXK) is -23.55% down on the 1-year trading charts.