FY2027 EPS Estimates for Hecla Mining Increased by Analyst

Hecla Mining (NYSE:HL - Free Report) - Research analysts at National Bank Financial boosted their FY2027 earnings per share estimates for shares of Hecla Mining in a research note issued to investors on Sunday, May 4th. National Bank Financial analyst A. Dusome now anticipates that the basic materials company will earn $0.25 per share for the year, up from their previous estimate of $0.20. 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.

Hecla Mining (NYSE:HL - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The basic materials company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $261.34 million during the quarter, compared to analyst estimates of $238.50 million. Hecla Mining had a net margin of 3.85% and a return on equity of 3.10%. The firm's quarterly revenue was up 37.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.01) EPS.

HL has been the subject of a number of other reports. TD Securities cut their price target 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. StockNews.com upgraded shares of Hecla Mining from a "sell" rating to a "hold" rating in a research note on Monday, February 17th. Roth Mkm cut their price target on shares of Hecla Mining from $6.60 to $6.50 and set a "buy" rating on the stock in a report on Tuesday, February 18th. HC Wainwright reissued a "buy" rating and set a $11.50 target price on shares of Hecla Mining in a research report on Friday, February 14th. Finally, BMO Capital Markets reaffirmed a "market perform" rating and issued a $5.50 price target (down previously from $7.50) on shares of Hecla Mining in a research report on Monday, May 5th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Hecla Mining presently has an average rating of "Hold" and an average target price of $7.20.

Hecla Mining Stock Up 4.9 %

Shares of NYSE HL traded up $0.24 during mid-day trading on Tuesday, reaching $5.16. The company had a trading volume of 28,547,221 shares, compared to its average volume of 14,004,077. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.55 and a current ratio of 1.08. Hecla Mining has a twelve month low of $4.41 and a twelve month high of $7.68. The stock's 50 day moving average is $5.51 and its 200-day moving average is $5.56. The stock has a market capitalization of $3.26 billion, a PE ratio of 103.22 and a beta of 1.57.

Hecla Mining Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.29%. The ex-dividend date is Friday, May 23rd. Hecla Mining's payout ratio is presently 9.09%.

Insider Buying and Selling

In related news, CFO Russell Douglas Lawlar sold 16,333 shares of Hecla Mining stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $5.18, for a total transaction of $84,604.94. Following the completion of the transaction, the chief financial officer now directly owns 297,983 shares of the company's stock, valued at $1,543,551.94. This trade represents a 5.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Catherine J. Boggs acquired 20,000 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of $4.99 per share, for a total transaction of $99,800.00. Following the completion of the purchase, the director now directly owns 348,169 shares of the company's stock, valued at approximately $1,737,363.31. The trade was a 6.09 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 57,915 shares of company stock valued at $300,000 over the last ninety days. 0.62% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hecla Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Blue Trust Inc. lifted its position in Hecla Mining by 30.7% during the 4th quarter. Blue Trust Inc. now owns 8,351 shares of the basic materials company's stock worth $41,000 after buying an additional 1,961 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Hecla Mining by 13.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 18,883 shares of the basic materials company's stock valued at $93,000 after purchasing an additional 2,169 shares during the last quarter. Arizona State Retirement System raised its position in Hecla Mining by 1.3% in the 4th quarter. Arizona State Retirement System now owns 173,616 shares of the basic materials company's stock worth $852,000 after purchasing an additional 2,297 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Hecla Mining by 10.7% during the 4th quarter. Ameriprise Financial Inc. now owns 25,370 shares of the basic materials company's stock worth $125,000 after buying an additional 2,457 shares in the last quarter. Finally, Xponance Inc. increased its stake in shares of Hecla Mining by 5.9% in the 1st quarter. Xponance Inc. now owns 45,092 shares of the basic materials company's stock valued at $251,000 after buying an additional 2,525 shares during the period. 63.01% of the stock is owned by institutional investors and hedge funds.

Hecla Mining Company Profile

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.