Home  »  Finance   »  Selling Your Hecla Mining Company (NYSE: HL) Stock...

Selling Your Hecla Mining Company (NYSE: HL) Stock? Here’s What You Need To Know

Hecla Mining Company (NYSE:HL) shares, rose in value on Friday, May 13, with the stock price up by 7.86% to the previous day’s close as strong demand from buyers drove the stock to $4.53.

Actively observing the price movement in the recent trading, the stock is buoying the session at $4.20, falling within a range of $4.07 and $4.335. The value of beta (5-year monthly) is 2.17 whereas the PE ratio is 65.62 over 12-month period. Referring to stock’s 52-week performance, its high was $9.42, and the low was $4.07. On the whole, HL has fluctuated by -39.74% over the past month.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.

Sponsored

With the market capitalization of Hecla Mining Company currently standing at about $2.32 billion, investors are eagerly awaiting this quarter’s results, scheduled for Feb 16, 2022 – Feb 21, 2022. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.83%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.02, which is expected to increase to $0.08 for fiscal year $0.11 and then to about $0.2 by fiscal year 2022. Data indicates that the EPS growth is expected to be 175.00% in 2022, while the next year’s EPS growth is forecast to be 81.80%.

Analysts have estimated the company’s revenue for the quarter at $192.69 million, with a low estimate of $177.9 million and a high estimate of $211.33 million. According to the average forecast, sales growth in current quarter could jump up 2.00%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2022, the company’s y-o-y revenues would reach $818.91 million, representing an increase of 18.40% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that HL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 75% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HL currently trading nearly -18.17% and -27.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.96, while the 7-day volatility ratio is showing 7.03% which for the 30-day chart, stands at 5.92%. Furthermore, Hecla Mining Company (HL)’s beta value is 2.08, and its average true range (ATR) is 0.34.

A comparison of Hecla Mining Company (HL) with its peers suggests the former has fared considerably weaker in the market. HL showed an intraday change of 7.86% in today’s session so far, and over the past year, it shrunk by -40.92%%. In comparison, Coeur Mining Inc. (CDE) has moved higher at 8.71% today and is down -64.61% over the past 12 months. On the other hand, the price of First Majestic Silver Corp. (AG) has risen 10.03% today. The stock, however, is off -51.75% from where it was a year ago. Additionally, there is a gain of 11.31% for Endeavour Silver Corp. (EXK) in recent trading while the stock has seen an overall depriciation of -43.93%% over the past year. The PE ratio stands at 65.62 for Hecla Mining Company, and 53.07 for First Majestic Silver Corp. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 2.25%. Meanwhile, the Dow Jones Industrial Improved by 1.50%.

Data on historical trading for Hecla Mining Company (NYSE:HL) indicates that the trading volumes over the past 10 days have averaged 9.59 million and over the past 3 months, they’ve averaged 10.01 million. According to company’s latest data on outstanding shares, there are 538.14 million shares outstanding.

Nearly 1.20% of Hecla Mining Company’s shares belong to company insiders and institutional investors own 64.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10.4 million shares as on Dec 14, 2021, resulting in a short ratio of 1.58. According to the data, the short interest in Hecla Mining Company (HL) stood at 1.93% of shares outstanding as of Dec 14, 2021; the number of short shares registered in Nov 14, 2021 reached 6.6 million. The stock has fallen by -19.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HL stock heading into the next quarter.

Leave a Comment

Your email address will not be published.

Related Videos

Related Posts

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam