Hecla Mining (NYSE:HL – Free Report) – B. Riley lowered their FY2026 EPS estimates for Hecla Mining in a report issued on Tuesday, March 18th. B. Riley analyst N. Giles now expects that the basic materials company will post earnings per share of $0.18 for the year, down from their prior estimate of $0.27. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share. B. Riley also issued estimates for Hecla Mining’s FY2027 earnings at $0.18 EPS.
HL has been the subject of several other research reports. HC Wainwright reaffirmed a “buy” rating and set a $11.50 price objective on shares of Hecla Mining in a research report on Friday, February 14th. TD Securities cut shares of Hecla Mining from a “buy” rating to a “hold” rating and dropped their target price for the company from $6.50 to $5.50 in a research report on Tuesday, March 11th. Roth Mkm reduced their price target on shares of Hecla Mining from $6.60 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. Finally, StockNews.com upgraded shares of Hecla Mining from a “sell” rating to a “hold” rating in a research report on Monday, February 17th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $7.75.
Hecla Mining Stock Performance
NYSE:HL opened at $5.90 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.55 and a current ratio of 1.08. Hecla Mining has a fifty-two week low of $4.04 and a fifty-two week high of $7.68. The company has a market cap of $3.72 billion, a price-to-earnings ratio of 117.92 and a beta of 1.94. The stock has a fifty day moving average price of $5.53 and a 200-day moving average price of $5.83.
Hecla Mining (NYSE:HL – Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $249.66 million during the quarter, compared to the consensus estimate of $229.21 million. Hecla Mining had a net margin of 3.85% and a return on equity of 3.10%.
Institutional Investors Weigh In On Hecla Mining
A number of institutional investors have recently added to or reduced their stakes in the business. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Hecla Mining during the third quarter valued at $28,000. Ameliora Wealth Management Ltd. acquired a new stake in Hecla Mining in the fourth quarter valued at $25,000. GAMMA Investing LLC raised its position in Hecla Mining by 771.8% during the 4th quarter. GAMMA Investing LLC now owns 5,013 shares of the basic materials company’s stock worth $25,000 after purchasing an additional 4,438 shares during the last quarter. Principal Securities Inc. acquired a new position in Hecla Mining during the 4th quarter worth about $25,000. Finally, Blue Trust Inc. lifted its holdings in Hecla Mining by 30.7% during the 4th quarter. Blue Trust Inc. now owns 8,351 shares of the basic materials company’s stock worth $41,000 after buying an additional 1,961 shares during the period. 63.01% of the stock is owned by institutional investors.
Insider Activity at Hecla Mining
In other news, CFO Russell Douglas Lawlar sold 16,333 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total transaction of $84,604.94. Following the sale, the chief financial officer now directly owns 297,983 shares in the company, valued at approximately $1,543,551.94. The trade was a 5.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Michael L. Clary sold 32,387 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $5.18, for a total value of $167,764.66. Following the completion of the transaction, the chief accounting officer now directly owns 246,440 shares of the company’s stock, valued at $1,276,559.20. This represents a 11.62 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 57,915 shares of company stock valued at $300,000 in the last quarter. Insiders own 1.40% of the company’s stock.
Hecla Mining Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Monday, March 10th will be given a dividend of $0.0038 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date is Monday, March 10th. Hecla Mining’s dividend payout ratio is 20.00%.
About Hecla Mining
Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.
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