Hecla Mining (NYSE:HL) Given Neutral Rating at Roth Capital

Hecla Mining (NYSE:HL - Get Free Report)'s stock had its "neutral" rating restated by research analysts at Roth Capital in a research note issued to investors on Tuesday, Marketbeat.com reports. They presently have a $6.00 price target on the basic materials company's stock. Roth Capital's target price would indicate a potential downside of 0.33% from the stock's current price. Roth Capital also issued estimates for Hecla Mining's Q2 2025 earnings at $0.06 EPS.

HL has been the topic of a number of other research reports. National Bank Financial upgraded Hecla Mining to a "hold" rating in a research report on Thursday, June 12th. National Bankshares set a $7.00 price objective on shares of Hecla Mining in a report on Friday, June 13th. TD Securities cut their price objective on shares of Hecla Mining from $6.00 to $5.00 and set a "hold" rating on the stock in a research note on Monday, May 5th. Finally, BMO Capital Markets reissued a "market perform" rating and set a $5.50 target price (down previously from $7.50) on shares of Hecla Mining in a report on Monday, May 5th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Hecla Mining currently has a consensus rating of "Hold" and a consensus target price of $6.92.

Hecla Mining Stock Performance

Shares of NYSE HL traded up $0.05 during midday trading on Tuesday, reaching $6.02. The company had a trading volume of 26,777,336 shares, compared to its average volume of 15,744,569. Hecla Mining has a 1 year low of $4.41 and a 1 year high of $7.68. The business's 50-day simple moving average is $5.54 and its 200 day simple moving average is $5.49. The company has a current ratio of 1.43, a quick ratio of 0.75 and a debt-to-equity ratio of 0.25. The stock has a market cap of $3.81 billion, a P/E ratio of 54.73 and a beta of 1.47.

Hecla Mining (NYSE:HL - Get Free Report) last issued its earnings results on Thursday, May 1st. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). The firm had revenue of $261.34 million during the quarter, compared to analysts' expectations of $238.50 million. Hecla Mining had a return on equity of 3.87% and a net margin of 7.13%. The business's revenue was up 37.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.01) EPS. On average, analysts forecast that Hecla Mining will post 0.21 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Hedge Funds Weigh In On Hecla Mining

Several institutional investors and hedge funds have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its holdings in Hecla Mining by 7.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,220,645 shares of the basic materials company's stock worth $35,453,000 after acquiring an additional 502,094 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Hecla Mining during the fourth quarter valued at $1,640,000. JPMorgan Chase & Co. grew its position in shares of Hecla Mining by 20.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,189,473 shares of the basic materials company's stock valued at $20,570,000 after purchasing an additional 707,712 shares during the period. Vanguard Group Inc. increased its stake in shares of Hecla Mining by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 61,393,040 shares of the basic materials company's stock worth $301,440,000 after purchasing an additional 774,000 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Hecla Mining by 202.4% during the 4th quarter. Private Advisor Group LLC now owns 76,151 shares of the basic materials company's stock worth $374,000 after purchasing an additional 50,969 shares during the last quarter. Hedge funds and other institutional investors own 63.01% of the company's stock.

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.