
Hecla Mining Company (NYSE:HL – Free Report) – Research analysts at HC Wainwright increased their FY2026 earnings estimates for shares of Hecla Mining in a note issued to investors on Tuesday, January 27th. HC Wainwright analyst H. Ihle now expects that the basic materials company will earn $0.76 per share for the year, up from their prior estimate of $0.51. HC Wainwright has a “Buy” rating and a $36.50 price objective on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.
A number of other equities research analysts have also weighed in on the company. Roth Mkm reissued a “sell” rating and issued a $16.00 target price on shares of Hecla Mining in a research note on Tuesday. Canaccord Genuity Group set a $26.50 price objective on shares of Hecla Mining in a report on Friday, January 23rd. CIBC raised their target price on shares of Hecla Mining from $27.00 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday. Wall Street Zen raised shares of Hecla Mining from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, Zacks Research raised shares of Hecla Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Hecla Mining has an average rating of “Hold” and an average target price of $22.00.
Hecla Mining Stock Performance
Hecla Mining stock opened at $22.49 on Friday. The stock has a market cap of $15.07 billion, a P/E ratio of 72.56 and a beta of 1.28. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.51 and a current ratio of 2.15. Hecla Mining has a fifty-two week low of $4.46 and a fifty-two week high of $34.17. The firm’s fifty day moving average price is $21.14 and its 200-day moving average price is $14.12.
Hecla Mining (NYSE:HL – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $409.54 million for the quarter, compared to the consensus estimate of $315.60 million. Hecla Mining had a net margin of 16.35% and a return on equity of 7.87%. The company’s revenue was up 67.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 earnings per share.
Hedge Funds Weigh In On Hecla Mining
Large investors have recently made changes to their positions in the company. Van ECK Associates Corp lifted its position in shares of Hecla Mining by 32.4% during the third quarter. Van ECK Associates Corp now owns 49,881,495 shares of the basic materials company’s stock worth $603,566,000 after purchasing an additional 12,197,740 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Hecla Mining by 13.4% during the 3rd quarter. Vanguard Group Inc. now owns 71,349,059 shares of the basic materials company’s stock valued at $863,324,000 after buying an additional 8,452,401 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Hecla Mining by 38.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,524,912 shares of the basic materials company’s stock valued at $284,651,000 after buying an additional 6,472,566 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in Hecla Mining by 577.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,808,787 shares of the basic materials company’s stock worth $82,386,000 after acquiring an additional 5,804,298 shares in the last quarter. Finally, State Street Corp increased its position in shares of Hecla Mining by 14.8% during the third quarter. State Street Corp now owns 34,485,817 shares of the basic materials company’s stock worth $417,278,000 after acquiring an additional 4,453,706 shares during the period. 63.01% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, VP Kurt Allen sold 52,219 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total value of $1,144,118.29. Following the transaction, the vice president directly owned 216,641 shares of the company’s stock, valued at approximately $4,746,604.31. The trade was a 19.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP David C. Sienko sold 207,553 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $19.42, for a total value of $4,030,679.26. Following the completion of the sale, the vice president owned 906,370 shares in the company, valued at $17,601,705.40. This represents a 18.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 426,679 shares of company stock worth $7,678,773. Corporate insiders own 0.62% of the company’s stock.
Hecla Mining Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were issued a $0.0038 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.02 annualized dividend and a yield of 0.1%. Hecla Mining’s dividend payout ratio is currently 3.23%.
Hecla Mining Company Profile
Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.
The company’s principal operations are located in North America and Latin America.
Featured Stories
- Five stocks we like better than Hecla Mining
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- A U.S. “birthright” claim worth trillions – activated quietly
- The Crash Has Already Started (Most Just Don’t See It Yet)
- If You Keep Cash In A U.S. Bank Account… Read This NOW
Receive News & Ratings for Hecla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hecla Mining and related companies with MarketBeat.com's FREE daily email newsletter.
