Hecla Mining Co. (NYSE: HL) is 39.35% 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 $6.55 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $6.70, the stock is 0.37% and 9.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.31 million and changing 2.29% at the moment leaves the stock 30.03% off its SMA200. HL registered 61.99% gain for a year compared to 6-month gain of 27.43%. The firm has a 50-day simple moving average (SMA 50) of $6.1362 and a 200-day simple moving average (SMA200) of $5.15345.
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The stock witnessed a -1.62% loss in the last 1 month and extending the period to 3 months gives it a 8.94%, and is 4.20% 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 3.22% over the week and 3.94% over the month.
Hecla Mining Co. (HL) has around 1775 employees, a market worth around $4.22B and $777.78M in sales. Fwd P/E is 24.84. Profit margin for the company is -5.63%. Distance from 52-week low is 101.29% and -9.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.71%).
with sales reaching $223.35M over the same period.The EPS is expected to grow by 1015.43% this year, but quarterly earnings will post 25.50% year-over-year. Quarterly sales are estimated to grow 22.80% in year-over-year returns.
Hecla Mining Co. (HL) Top Institutional Holders
459.0 institutions hold shares in Hecla Mining Co. (HL), with institutional investors hold 73.14% of the company’s shares. The shares outstanding are 599.08M, and float is at 588.50M with Short Float at 2.98%. Institutions hold 68.48% 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 purchase by Aguiar Rodriguez Carlos Robert, the company’s VP-Operations. SEC filings show that Aguiar Rodriguez Carlos Robert bought 5 shares of the company’s common stock on Oct 02 ’24 at a price of $6.76 per share for a total of $34.0. Following the purchase, the insider now owns 0.2 million shares.
Hecla Mining Co. disclosed in a document filed with the SEC on Sep 17 ’24 that Allen Kurt (VP-Exploration) sold a total of 108,612 shares of the company’s common stock. The trade occurred on Sep 17 ’24 and was made at $6.77 per share for $0.73 million. Following the transaction, the insider now directly holds 0.17 million shares of the HL stock.
Still, SEC filings show that on Jun 25 ’24, Absolom Stuart Maurice (VP – Principal Acctg. Officer) disposed off 4,499 shares at an average price of $4.91 for $22068.0. The insider now directly holds 69,036 shares of Hecla Mining Co. (HL).
