Hecla Mining Co (NYSE:HL) shares, rose in value, with the stock price down by -1.90% to the previous day’s close as strong demand from buyers drove the stock to $5.16.
Actively observing the price movement in the last trading, the stock closed the session at $5.26. The PE ratio was 46.44 over 12-month period. Referring to stock’s 52-week performance, its high was $7.68, and the low was $4.41. On the whole, HL has fluctuated by -11.03% over the past month.
With the market capitalization of Hecla Mining Co currently standing at about $3.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.03, 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 1.02B, with a low estimate of 222.3M and a high estimate of 264M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 248.93M.
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 100% 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 1.25, with the price of HL currently trading nearly 3.20% and -4.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 49.32, while the 7-day volatility ratio is showing 1.85% which for the 30-day chart, stands at 5.00%. Furthermore, Hecla Mining Co (HL)’s beta value is 1.46, 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 -1.90% in last session, and over the past year, it shrunk by -8.35%%.
Data on historical trading for Hecla Mining Co (NYSE:HL) indicates that the trading volumes over the past 3 months, they’ve averaged 21.99 million. According to company’s latest data on outstanding shares, there are 632.44 million shares outstanding.
Nearly 7.55% of Hecla Mining Co’s shares belong to company insiders and institutional investors own 66.70% of the company’s shares. The stock has risen by 5.09% 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.
