Hecla Mining FY2027 EPS Increased by National Bank Financial

Hecla Mining (NYSE:HL) – National Bank Financial increased their FY2027 earnings per share estimates for Hecla Mining in a research report issued to clients and investors on Sunday, May 4th. National Bank Financial analyst A. Dusome now anticipates that the basic materials company will post earnings of $0.25 per share for the year, up from their previous estimate of $0.20. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.

A number of other research firms also recently issued reports on HL. Roth Mkm decreased their target price on Hecla Mining from $6.60 to $6.50 and set a “buy” rating for the company in a research report on Tuesday, February 18th. StockNews.com upgraded Hecla Mining from a “sell” rating to a “hold” rating in a research note on Monday, February 17th. BMO Capital Markets reaffirmed a “market perform” rating and set a $5.50 price objective (down from $7.50) on shares of Hecla Mining in a report on Monday. HC Wainwright reiterated a “buy” rating and issued a $11.50 target price on shares of Hecla Mining in a research note on Friday, February 14th. Finally, TD Securities dropped their price target on shares of Hecla Mining from $6.00 to $5.00 and set a “hold” rating on the stock in a research note on Monday. Six investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $7.20.

Hecla Mining Trading Up 5.5 %

Shares of HL stock opened at $4.79 on Tuesday. Hecla Mining has a 12-month low of $4.41 and a 12-month high of $7.68. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average of $5.52 and a 200-day moving average of $5.61. The firm has a market cap of $3.03 billion, a P/E ratio of 95.82 and a beta of 1.57.

Hecla Mining (NYSE:HL) last posted its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The company had revenue of $261.34 million for the quarter, compared to analysts’ expectations of $238.50 million. Hecla Mining had a return on equity of 3.10% and a net margin of 3.85%. The business’s quarterly revenue was up 37.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.01) EPS.

Hecla Mining Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 23rd will be paid a $0.0038 dividend. This represents a $0.02 annualized dividend and a yield of 0.31%. The ex-dividend date of this dividend is Friday, May 23rd. Hecla Mining’s dividend payout ratio is presently 9.09%.

Insiders Place Their Bets

In other news, VP Kurt Allen sold 9,195 shares of Hecla Mining stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total transaction of $47,630.10. Following the completion of the sale, the vice president now owns 104,512 shares in the company, valued at approximately $541,372.16. This trade represents a 8.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert Krcmarov acquired 6,570 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average cost of $5.29 per share, with a total value of $34,755.30. Following the acquisition, the chief executive officer now directly owns 331,856 shares of the company’s stock, valued at $1,755,518.24. This represents a 2.02 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold 57,915 shares of company stock worth $300,000 in the last three months. 0.62% of the stock is currently owned by corporate insiders.

Institutional Trading of Hecla Mining

A number of hedge funds have recently made changes to their positions in HL. Blue Trust Inc. lifted its position in Hecla Mining by 30.7% in 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 last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Hecla Mining by 13.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,883 shares of the basic materials company’s stock worth $93,000 after acquiring an additional 2,169 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Hecla Mining by 1.3% in the 4th quarter. Arizona State Retirement System now owns 173,616 shares of the basic materials company’s stock worth $852,000 after acquiring an additional 2,297 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Hecla Mining by 10.7% in the 4th quarter. Ameriprise Financial Inc. now owns 25,370 shares of the basic materials company’s stock valued at $125,000 after purchasing an additional 2,457 shares in the last quarter. Finally, Xponance Inc. grew its holdings in shares of Hecla Mining by 5.9% during the 1st quarter. Xponance Inc. now owns 45,092 shares of the basic materials company’s stock valued at $251,000 after purchasing an additional 2,525 shares during the last quarter. 63.01% of the stock is owned by institutional investors.

Hecla Mining Company Profile

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.