Hecla Mining Company (HL) Where Moving Ahead? - ExpertGazette

Hecla Mining Company (NYSE:HL) shares traded -1.49% down during most recent session to reach at the closing price of $3.97. The stock exchanged hands 2.66 Million shares versus average trading capacity of 4.36 Million shares, yielding a market cap of $1.58 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $5.29 within the next 52-weeks. The mean target projections are based on 10 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Hecla Mining Company (NYSE:HL) high price target of $8.5 and with a conservative view have low price target of $4.1.

Cantor Fitzgerald “Initiates Coverage On” Hecla Mining Company (NYSE:HL) in a research note issued to investors on 12/04/17 to Buy with price target of $5.

Additionally on 11/30/17 B. Riley “Upgrades” Hecla Mining Company (NYSE:HL) to Buy setting price target at $0 and on 11/17/17 BMO Capital “Assumes” the stock to Market Perform at $4.8. Furthermore on 2/24/17 BMO Capital “Upgrades” the stock to Market Perform at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 49.34 along with Average True Range (ATR 14) of 0.14, Consequently Hecla Mining Company (NYSE:HL)’s weekly and monthly volatility is 3.06%, 4.11% respectively. The company’s beta value is at 0.21.

In terms of Buy, Sell or Hold recommendations, Hecla Mining Company (NYSE:HL) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Hecla Mining Company (NYSE:HL)’s minimum EPS for the current quarter is at $-0.02 and can go high up to $0.05. The consensus mean EPS for the current quarter is at $0.03 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.03 earnings per share for the same quarter during last year.

Previously Hecla Mining Company (NYSE:HL) reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The company posted an earnings surprise of 100%.

Hecla Mining Company (NYSE:HL)’s revenue estimates for the current quarter are $154.66 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $174 Million in contradiction of low revenue estimates of $146 Million. For the current year the company’s revenue estimates are $599.77 Million compared to low analyst estimates of $564.72 Million and high estimates of $723.6 Million according to 9 number of analysts.

Currently Hecla Mining Company (NYSE:HL)’s shares owned by insiders are 1.2%, whereas shares owned by institutional owners are 68.5%. However the six-month change in the insider ownership was recorded -0.55%, as well as three-month change in the institutional ownership was recorded 7.56%.

Hecla Mining Company (NYSE:HL) 52-week high price stands at $6.78 and low price stands at $3.43, its price distance from 52-week high is -41.45% while its distance from 52-week low price is 15.74%. The stock hit its 52-week high on 02/08/17, and 52-week low on 12/07/17.

Hecla Mining Company (NYSE:HL)’s trailing twelve month revenues are $581.9 Million, whereas its price to sales ratio for the same period is 2.72. Its book value per share for the most recent quarter is $3.79 while its price to book ratio for the same period is 1.05, as for as the company’s cash per share for the most recent quarter is $0.52, however its price to cash per share ratio for the same period is 7.69. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 66.17.