Hecla Mining (NYSE:HL) Stock Rating Lowered by Roth Capital

Hecla Mining (NYSE:HL) was downgraded by equities researchers at Roth Capital from a “neutral” rating to a “sell” rating in a research report issued to clients and investors on Friday, MarketBeat reports. They presently have a $8.75 price target on the basic materials company’s stock. Roth Capital’s target price points to a potential downside of 26.42% from the stock’s previous close. Roth Capital also issued estimates for Hecla Mining’s Q3 2025 earnings at $0.11 EPS and FY2025 earnings at $0.37 EPS.

HL has been the subject of a number of other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Hecla Mining in a research note on Saturday, September 27th. Wall Street Zen upgraded shares of Hecla Mining from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. National Bank Financial upgraded shares of Hecla Mining to a “hold” rating in a research note on Thursday, June 12th. BMO Capital Markets boosted their price target on shares of Hecla Mining from $6.00 to $6.50 and gave the company a “market perform” rating in a research report on Thursday, August 7th. Finally, CIBC boosted their price target on shares of Hecla Mining from $7.50 to $8.00 and gave the company a “neutral” rating in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $7.75.

Hecla Mining Stock Down 1.4%

Shares of NYSE HL opened at $11.89 on Friday. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of 74.33 and a beta of 1.31. The company has a quick ratio of 1.99, a current ratio of 2.67 and a debt-to-equity ratio of 0.23. Hecla Mining has a 52-week low of $4.46 and a 52-week high of $12.55. The business’s 50 day moving average is $9.00 and its two-hundred day moving average is $6.81.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.05 by $0.03. The business had revenue of $304.03 million during the quarter, compared to the consensus estimate of $248.93 million. Hecla Mining had a net margin of 9.55% and a return on equity of 5.51%. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.02 earnings per share. Research analysts predict that Hecla Mining will post 0.21 EPS for the current year.

Insider Activity at Hecla Mining

In other 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 value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Hecla Mining by 2.3% during the first quarter. Vanguard Group Inc. now owns 62,830,935 shares of the basic materials company’s stock worth $349,340,000 after buying an additional 1,437,895 shares during the period. State Street Corp grew its position in shares of Hecla Mining by 7.2% in the second quarter. State Street Corp now owns 30,032,111 shares of the basic materials company’s stock valued at $179,892,000 after purchasing an additional 2,029,327 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Hecla Mining by 8.7% in the first 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 last quarter. Tidal Investments LLC grew 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 valued at $120,509,000 after purchasing an additional 2,574,855 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Hecla Mining by 40.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock valued at $102,144,000 after purchasing an additional 4,928,130 shares during the last quarter. 63.01% of the stock is owned by hedge funds and other institutional investors.

About Hecla Mining

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.