Hecla Mining Co (NYSE:HL) shares, rose in value, with the stock price up by 0.28% to the previous day’s close as strong demand from buyers drove the stock to $6.31.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.29, falling within a range of $6.18 and $6.34. The value of beta (5-year monthly) is 1.997. Referring to stock’s 52-week performance, its high was $7.68, and the low was $3.33. On the whole, HL has fluctuated by 17.02% over the past month.
With the market capitalization of Hecla Mining Co currently standing at about $4.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.63%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 923.14M, with a low estimate of 222.2M and a high estimate of 260.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 239.64M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HL’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of HL currently trading nearly 9.96% and 15.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.25, while the 7-day volatility ratio is showing 3.74% which for the 30-day chart, stands at 4.19%. Furthermore, Hecla Mining Co (HL)’s beta value is 1.91, and its average true range (ATR) is 0.24.
A comparison of Hecla Mining Co (HL) with its peers suggests the former has fared considerably weaker in the market. HL showed an intraday change of 0.28% in today’s session so far, and over the past year, it grew by 70.54%%.
Data on historical trading for Hecla Mining Co (NYSE:HL) indicates that the trading volumes over the past 10 days have averaged 18.41 and over the past 3 months, they’ve averaged 13.59 million. According to company’s latest data on outstanding shares, there are 628.27 million shares outstanding.
Nearly 6.38% of Hecla Mining Co’s shares belong to company insiders and institutional investors own 65.99% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.32 million shares as on 2025-01-31, resulting in a short ratio of 1.09. According to the data, the short interest in Hecla Mining Co (HL) stood at 259.00 of shares outstanding as of 2025-01-31; the number of short shares registered in 2024-12-31 reached 15.72 million. The stock has risen by 28.46% 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.
