Hecla Mining Co (NYSE: HL): On The Right Track To A Higher Share Price

Hecla Mining Co (NYSE:HL) price on current trading day, rose 0.69% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.87.

A look at the stock’s price movement, the level at last check in today’s session was $5.83, moving within a range at $5.6 and $5.9. The beta value (5-Year monthly) was 1.935 while the PE ratio in trailing twelve months stood at 104.26. Turning to its 52-week performance, $7.68 and $4.04 were the 52-week high and 52-week low respectively. Overall, HL moved 9.11% over the past month.

Hecla Mining Co’s market cap currently stands at around $3.71 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-12. The company has a Forward Dividend ratio of 0.03, with its dividend yield at 0.60%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Analysts have a consensus estimate of 238.5M for the company’s revenue for the quarter, with a low and high estimate of 238.5M and 238.5M respectively. The average forecast suggests up to a 25.84% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 968.35M, representing a 4.13% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that HL is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.

6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend HL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

The technical evaluation for the stock shows the PEG ratio is 2.83, with HL’s current price about 7.94% and 5.88% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 58.78, while 7-day volatility ratio is 4.21% and 5.18% in the 30-day chart. Further, Hecla Mining Co (HL) has a beta value of 1.76, and an average true range (ATR) of 0.28. Analysts have given the company’s stock an average 52-week price target of $6.25, forecast between a low of $5 and high of $7.5. Looking at the price targets, the low is 14.82% off recent price level in today’s trading while to achieve the yearly target high, it has to move -27.77%. Nonetheless, investors will most likely welcome a -6.47% jump to $6.25 which is the analysts’ median price.

If we refocus on Hecla Mining Co (NYSE:HL), historical trading data shows that trading volumes averaged 23.96 over the past 10 days and 18.38 million over the past 3 months. The company’s latest data on shares outstanding shows there are 631.73 million shares.

The 6.35% of Hecla Mining Co’s shares are in the hands of company insiders while institutional holders own 66.87% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 23.96 million on 2025-02-28, giving us a short ratio of 1.23. The data shows that as of 2025-02-28 short interest in Hecla Mining Co (HL) stood at 383.99998 of shares outstanding, with shares short rising to 16.32 million registered in 2025-01-31. Current price change has pushed the stock 19.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HL stock continues to rise going into the next quarter.

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