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These Numbers Show Favorable Signs for Hecla Mining Co. (HL)

Hecla Mining Co. (NYSE: HL) is 2.08% higher on its value in year-to-date trading and has touched a low of $3.33 and a high of $6.99 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 $4.81 in the last trading session, with the day’s gains setting it 0.1%.

Currently trading at $4.91, the stock is 16.52% and 25.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.75 million and changing 2.08% at the moment leaves the stock 10.37% off its SMA200. HL registered -20.20% loss for a year compared to 6-month loss of 25.96%. The firm has a 50-day simple moving average (SMA 50) of $5.03 and a 200-day simple moving average (SMA200) of $29.24.

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The stock witnessed a 38.70% gain in the last 1 month and extending the period to 3 months gives it a -0.41%, and is 16.08% 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 5.67% over the week and 4.92% over the month.

Hecla Mining Co. (HL) has around 1775 employees, a market worth around $3.07B and $720.23M in sales. Fwd P/E is 36.03. Profit margin for the company is -11.77%. Distance from 52-week low is 47.45% and -29.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.22%).

Hecla Mining Co. quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $182.35M over the same period.The EPS is expected to grow by 252.60% this year, but quarterly earnings will post 9.80% year-over-year. Quarterly sales are estimated to shrink -8.60% in year-over-year returns.

Hecla Mining Co. (HL) Top Institutional Holders

402 institutions hold shares in Hecla Mining Co. (HL), with institutional investors hold 67.42% of the company’s shares. The shares outstanding are 599.08M, and float is at 580.93M with Short Float at 3.30%. Institutions hold 62.62% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 57.08 million shares valued at $293.96 million. The investor’s holdings represent 9.25% of the HL Shares outstanding. As of Jun 29, 2023, the second largest holder is Van Eck Associates Corporation with 54.91 million shares valued at $282.8 million to account for 8.90% of the shares outstanding. The other top investors are Blackrock Inc. which holds 44.92 million shares representing 7.28% and valued at over $231.36 million, while Dimensional Fund Advisors LP holds 5.67% of the shares totaling 34.99 million with a market value of $180.21 million.

Hecla Mining Co. (HL) Insider Activity

The most recent transaction is an insider purchase by Johnson George R,the company’sDirector. SEC filings show that Johnson George R bought 8,500 shares of the company’s common stock on Aug 22 ’23 at a price of $4.07 per share for a total of $34585.0. Following the purchase, the insider now owns 25773.0 shares.

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