Hecla Mining Co (NYSE:HL) shares, rose in value, with the stock price up by 7.63% to the previous day’s close as strong demand from buyers drove the stock to $5.50.
Actively observing the price movement in the last trading, the stock closed the session at $5.11. The PE ratio was 97.69 over 12-month period. Referring to stock’s 52-week performance, its high was $7.68, and the low was $3.80. On the whole, HL has fluctuated by -4.51% over the past month.
With the market capitalization of Hecla Mining Co currently standing at about $3.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.68%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 974.02M, with a low estimate of 238.5M and a high estimate of 238.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 238.5M.
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 50% Sell 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% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.21, with the price of HL currently trading nearly -1.37% and 1.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.28, while the 7-day volatility ratio is showing 5.68% which for the 30-day chart, stands at 5.41%. Furthermore, Hecla Mining Co (HL)’s beta value is 1.85, and its average true range (ATR) is 0.30.
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 7.63% in last session, and over the past year, it grew by 48.31%%. In comparison, Coeur Mining Inc. (CDE) has moved higher at 8.51%% on the day and was up 82.74% over the past 12 months. On the other hand, the price of First Majestic Silver Corp. (AG) has risen 8.36%% on the day. The stock, however, is off 14.31% from where it was a year ago. Additionally, there is a gain of 11.36%% for Endeavour Silver Corp. (EXK) in last trading while the stock has seen an overall depriciation of 114.97%% over the past year.
Data on historical trading for Hecla Mining Co (NYSE:HL) indicates that the trading volumes over the past 3 months, they’ve averaged 15.78 million. According to company’s latest data on outstanding shares, there are 631.73 million shares outstanding.
Nearly 6.30% of Hecla Mining Co’s shares belong to company insiders and institutional investors own 66.40% of the company’s shares. The stock has risen by 12.02% 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.
