Hecla Mining Co. (NYSE: HL) is 36.23% higher on its value in year-to-date trading and has touched a low of $3.33 and a high of $7.40 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 $6.67 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $6.55, the stock is 2.87% and 10.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.86 million and changing -1.80% at the moment leaves the stock 29.32% off its SMA200. HL registered 67.68% gain for a year compared to 6-month gain of 30.27%. The firm has a 50-day simple moving average (SMA 50) of $5.9286 and a 200-day simple moving average (SMA200) of $5.0743.
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The stock witnessed a 10.46% loss in the last 1 month and extending the period to 3 months gives it a 33.67%, and is -7.36% down 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 4.19% over the week and 4.76% over the month.
Hecla Mining Co. (HL) has around 1775 employees, a market worth around $4.12B and $777.78M in sales. Fwd P/E is 24.65. Profit margin for the company is -5.63%. Distance from 52-week low is 96.78% and -11.49% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.71%).
with sales reaching $219.65M over the same period.The EPS is expected to grow by 1031.69% this year, but quarterly earnings will post 24.60% year-over-year. Quarterly sales are estimated to grow 20.70% in year-over-year returns.
Hecla Mining Co. (HL) Top Institutional Holders
453.0 institutions hold shares in Hecla Mining Co. (HL), with institutional investors hold 73.19% of the company’s shares. The shares outstanding are 599.08M, and float is at 588.50M with Short Float at 2.69%. Institutions hold 68.53% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 59.48 million shares valued at $288.48 million. The investor’s holdings represent 9.6528% of the HL Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 52.44 million shares valued at $254.34 million to account for 8.5105 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 50.08 million shares representing 8.1264% and valued at over $242.86 million, while DIMENSIONAL FUND ADVISORS LP holds 5.6223 of the shares totaling 34.64 million with a market value of $168.03 million.
Hecla Mining Co. (HL) Insider Activity
The most recent transaction is an insider sale by Allen Kurt, the company’s VP-Exploration. SEC filings show that Allen Kurt sold 108,612 shares of the company’s common stock on Sep 17 ’24 at a price of $6.77 per share for a total of $0.73 million. Following the sale, the insider now owns 0.17 million shares.
Hecla Mining Co. disclosed in a document filed with the SEC on Jun 25 ’24 that Absolom Stuart Maurice (VP – Principal Acctg. Officer) sold a total of 4,499 shares of the company’s common stock. The trade occurred on Jun 25 ’24 and was made at $4.91 per share for $22068.0. Following the transaction, the insider now directly holds 69036.0 shares of the HL stock.
Still, SEC filings show that on Jun 25 ’24, Aguiar Rodriguez Carlos Robert (VP – Operations) disposed off 7,140 shares at an average price of $4.91 for $35022.0. The insider now directly holds 197,354 shares of Hecla Mining Co. (HL).
