National Bank Financial Forecasts Hecla Mining FY2028 Earnings

Hecla Mining Company (NYSE:HL - Free Report) - Stock analysts at National Bank Financial issued their FY2028 EPS estimates for Hecla Mining in a report released on Thursday, June 12th. National Bank Financial analyst A. Terentiew forecasts that the basic materials company will post earnings per share of $0.19 for the year. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for Hecla Mining's current full-year earnings is $0.21 per share.

A number of other research analysts also recently issued reports on HL. TD Securities cut their price objective on Hecla Mining from $6.00 to $5.00 and set a "hold" rating for the company in a research note on Monday, May 5th. National Bankshares set a $7.00 price target on shares of Hecla Mining in a report on Friday, June 13th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $5.50 price objective (down from $7.50) on shares of Hecla Mining in a research note on Monday, May 5th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, Hecla Mining currently has a consensus rating of "Hold" and a consensus target price of $7.10.

Hecla Mining Stock Performance

Shares of NYSE HL traded down $0.15 during trading on Monday, hitting $5.94. The company had a trading volume of 28,398,265 shares, compared to its average volume of 15,208,232. The stock has a 50 day simple moving average of $5.52 and a 200 day simple moving average of $5.47. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.75 and a current ratio of 1.43. Hecla Mining has a 12 month low of $4.41 and a 12 month high of $7.68. The firm has a market capitalization of $3.75 billion, a P/E ratio of 53.96 and a beta of 1.44.

Hecla Mining (NYSE:HL - Get Free Report) last announced its earnings results on Thursday, May 1st. The basic materials company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Hecla Mining had a return on equity of 3.87% and a net margin of 7.13%. The company had revenue of $261.34 million during the quarter, compared to the consensus estimate of $238.50 million. During the same period in the prior year, the business posted ($0.01) earnings per share. Hecla Mining's revenue for the quarter was up 37.9% compared to the same quarter last year.

Hecla Mining Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Friday, May 23rd were paid a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend was Friday, May 23rd. Hecla Mining's dividend payout ratio (DPR) is presently 9.09%.

Insider Buying and Selling

In related news, Director Catherine J. Boggs acquired 20,000 shares of the company's stock in a transaction on Wednesday, May 7th. The stock was acquired at an average price of $4.99 per share, with a total value of $99,800.00. Following the acquisition, the director now directly owns 348,169 shares of the company's stock, valued at approximately $1,737,363.31. This trade represents a 6.09% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, VP Stuart Maurice Absolom sold 18,926 shares of Hecla Mining stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $6.66, for a total value of $126,047.16. Following the completion of the sale, the vice president now directly owns 59,410 shares in the company, valued at $395,670.60. This trade represents a 24.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.62% of the stock is owned by insiders.

Hedge Funds Weigh In On Hecla Mining

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HL. Rhumbline Advisers increased its stake in Hecla Mining by 4.8% in the 4th quarter. Rhumbline Advisers now owns 947,881 shares of the basic materials company's stock worth $4,654,000 after acquiring an additional 43,023 shares during the last quarter. Congress Asset Management Co. increased its position in Hecla Mining by 6.1% in the fourth quarter. Congress Asset Management Co. now owns 800,382 shares of the basic materials company's stock worth $3,930,000 after purchasing an additional 46,020 shares during the last quarter. Principal Securities Inc. purchased a new stake in Hecla Mining during the fourth quarter valued at $25,000. State of New Jersey Common Pension Fund D lifted its position in Hecla Mining by 15.7% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 368,274 shares of the basic materials company's stock valued at $1,808,000 after purchasing an additional 49,883 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in Hecla Mining by 202.4% during the fourth quarter. Private Advisor Group LLC now owns 76,151 shares of the basic materials company's stock valued at $374,000 after purchasing an additional 50,969 shares during the last quarter. 63.01% of the stock is owned by 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.