FY2025 EPS Estimates for Hecla Mining Lifted by Analyst

Hecla Mining Company (NYSE:HL) – Research analysts at National Bank Financial upped their FY2025 EPS estimates for Hecla Mining in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst A. Terentiew now anticipates that the basic materials company will post earnings of $0.38 per share for the year, up from their prior forecast of $0.29. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.

Hecla Mining (NYSE:HL) last announced its earnings results on Wednesday, August 6th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. Hecla Mining had a net margin of 9.55% and a return on equity of 5.51%. The firm had revenue of $304.03 million during the quarter, compared to analyst estimates of $248.93 million. During the same quarter in the prior year, the firm posted $0.02 EPS. Hecla Mining’s revenue was up 23.8% compared to the same quarter last year.

A number of other equities research analysts also recently weighed in on the company. BMO Capital Markets upped their target price on Hecla Mining from $6.00 to $6.50 and gave the stock a “market perform” rating in a research report on Thursday, August 7th. CIBC upped their price objective on Hecla Mining from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Tuesday, July 15th. Roth Capital reaffirmed a “neutral” rating on shares of Hecla Mining in a research note on Thursday, August 7th. National Bankshares set a $7.00 price target on shares of Hecla Mining in a research report on Friday, June 13th. Finally, Wall Street Zen raised shares of Hecla Mining from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $7.36.

Hecla Mining Trading Up 5.5%

Hecla Mining stock opened at $11.56 on Thursday. Hecla Mining has a 12-month low of $4.46 and a 12-month high of $11.90. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.67 and a quick ratio of 1.99. The stock has a market capitalization of $7.74 billion, a PE ratio of 72.22 and a beta of 1.29. The firm has a 50 day simple moving average of $8.30 and a 200-day simple moving average of $6.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HL. Vanguard Group Inc. lifted its stake in Hecla Mining by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 62,830,935 shares of the basic materials company’s stock worth $349,340,000 after acquiring an additional 1,437,895 shares in the last quarter. State Street Corp grew its stake in Hecla Mining by 7.2% during the 2nd quarter. State Street Corp now owns 30,032,111 shares of the basic materials company’s stock valued at $179,892,000 after acquiring an additional 2,029,327 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Hecla Mining by 8.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 28,827,696 shares of the basic materials company’s stock valued at $160,285,000 after purchasing an additional 2,306,239 shares during the period. Tidal Investments LLC lifted its position in shares of Hecla Mining by 14.7% in the second quarter. Tidal Investments LLC now owns 20,118,397 shares of the basic materials company’s stock worth $120,509,000 after purchasing an additional 2,574,855 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Hecla Mining by 40.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock worth $102,144,000 after purchasing an additional 4,928,130 shares during the period. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Insider Transactions at Hecla Mining

In other Hecla Mining news, VP Stuart Maurice Absolom sold 14,472 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $11.29, for a total transaction of $163,388.88. Following the completion of the sale, the vice president directly owned 73,200 shares of the company’s stock, valued at approximately $826,428. This represents a 16.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

Hecla Mining Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Friday, August 22nd were issued a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a yield of 0.1%. The ex-dividend date was Friday, August 22nd. Hecla Mining’s payout ratio is presently 6.25%.

Hecla Mining Company Profile

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.