News articles about Hecla Mining (NYSE:HL) have trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hecla Mining earned a news impact score of 0.15 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 44.8647682587665 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
Several research analysts recently commented on HL shares. Canaccord Genuity upgraded Hecla Mining from a “hold” rating to a “buy” rating and set a $5.25 price target on the stock in a research note on Tuesday, November 14th. HC Wainwright reiterated a “buy” rating and issued a $8.50 price target on shares of Hecla Mining in a research note on Friday, November 3rd. Zacks Investment Research upgraded Hecla Mining from a “hold” rating to a “strong-buy” rating and set a $4.50 price target on the stock in a research note on Wednesday, January 3rd. BMO Capital Markets assumed coverage on Hecla Mining in a research note on Friday, November 17th. They issued a “market perform” rating and a $4.75 price target on the stock. Finally, B. Riley upgraded Hecla Mining from a “neutral” rating to a “buy” rating and set a $5.00 price objective on the stock in a research note on Thursday, November 30th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $5.54.
Shares of Hecla Mining (NYSE:HL) traded up $0.13 during midday trading on Wednesday, reaching $3.84. The company’s stock had a trading volume of 6,454,100 shares, compared to its average volume of 4,837,400. Hecla Mining has a 12-month low of $3.43 and a 12-month high of $6.78. The firm has a market capitalization of $1,530.00, a PE ratio of 64.00, a P/E/G ratio of 24.71 and a beta of 0.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.69 and a quick ratio of 2.15.
Hecla Mining (NYSE:HL) last announced its quarterly earnings data on Tuesday, November 7th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Hecla Mining had a return on equity of 1.89% and a net margin of 4.21%. The firm had revenue of $140.80 million for the quarter, compared to analysts’ expectations of $151.32 million. During the same quarter in the prior year, the firm posted $0.07 earnings per share. Hecla Mining’s revenue for the quarter was down 21.5% compared to the same quarter last year. research analysts anticipate that Hecla Mining will post 0.05 EPS for the current fiscal year.
In related news, Director Theodore Crumley bought 10,000 shares of the stock in a transaction dated Thursday, December 7th. The stock was bought at an average cost of $3.49 per share, with a total value of $34,900.00. Following the completion of the acquisition, the director now owns 126,536 shares of the company’s stock, valued at $441,610.64. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Phillips S. Baker, Jr. bought 13,000 shares of the stock in a transaction dated Thursday, December 14th. The shares were bought at an average cost of $3.76 per share, with a total value of $48,880.00. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.
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Hecla Mining Company Profile
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company and its subsidiaries provide precious and base metals to the United States and around the world. It produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars (dore) containing gold and silver.
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