Hecla Mining (HL) Expected to Announce Earnings on Thursday

Hecla Mining (NYSE:HL - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.05 per share and revenue of $238.50 million for the quarter.

Hecla Mining (NYSE:HL - Get Free Report) last released its earnings results on Thursday, May 1st. The basic materials company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). Hecla Mining had a net margin of 3.85% and a return on equity of 3.10%. During the same period last year, the firm earned ($0.01) earnings per share. The company's revenue for the quarter was up 37.9% on a year-over-year basis. On average, analysts expect Hecla Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hecla Mining Trading Down 4.3 %

Shares of HL traded down $0.25 during trading hours on Thursday, hitting $5.48. 24,229,501 shares of the stock traded hands, compared to its average volume of 13,482,844. The business has a fifty day moving average of $5.55 and a 200-day moving average of $5.66. The firm has a market capitalization of $3.46 billion, a PE ratio of 109.52 and a beta of 1.77. Hecla Mining has a 1-year low of $4.41 and a 1-year high of $7.68. The company has a current ratio of 1.08, a quick ratio of 0.55 and a debt-to-equity ratio of 0.25.

Hecla Mining Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a dividend of $0.0038 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.02 annualized dividend and a yield of 0.27%. Hecla Mining's dividend payout ratio is currently 20.00%.

Wall Street Analysts Forecast Growth

HL has been the subject of several research analyst reports. HC Wainwright reiterated a "buy" rating and issued a $11.50 price target on shares of Hecla Mining in a report on Friday, February 14th. National Bank Financial upgraded shares of Hecla Mining to a "hold" rating in a research note on Friday, March 21st. StockNews.com raised Hecla Mining from a "sell" rating to a "hold" rating in a research report on Monday, February 17th. TD Securities cut Hecla Mining from a "buy" rating to a "hold" rating and reduced their price target for the company from $6.50 to $5.50 in a research report on Tuesday, March 11th. Finally, Roth Mkm lowered their price target on Hecla Mining from $6.60 to $6.50 and set a "buy" rating on the stock in a research report on Tuesday, February 18th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Hecla Mining currently has an average rating of "Moderate Buy" and a consensus price target of $7.75.

Insiders Place Their Bets

In related news, CEO Robert Krcmarov acquired 6,570 shares of the firm's stock in a transaction on Wednesday, February 19th. The shares were purchased at an average cost of $5.29 per share, for a total transaction of $34,755.30. Following the completion of the acquisition, the chief executive officer now directly owns 331,856 shares in the company, valued at approximately $1,755,518.24. This trade represents a 2.02 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Kurt Allen sold 9,195 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total transaction of $47,630.10. Following the sale, the vice president now owns 104,512 shares of the company's stock, valued at approximately $541,372.16. This represents a 8.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 57,915 shares of company stock valued at $300,000 over the last 90 days. 1.40% of the stock is currently owned by insiders.

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.