Hecla Mining (NYSE:HL - Get Free Report) announced a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Friday, May 24th will be paid a dividend of 0.006 per share by the basic materials company on Tuesday, June 11th. This represents a $0.02 annualized dividend and a yield of 0.45%. The ex-dividend date is Thursday, May 23rd.
Hecla Mining has raised its dividend payment by an average of 15.4% annually over the last three years and has raised its dividend every year for the last 1 years.
Hecla Mining Stock Down 2.1 %
Shares of NYSE HL traded down $0.11 during trading on Friday, reaching $5.36. 11,274,863 shares of the stock were exchanged, compared to its average volume of 7,926,732. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of -36.33 and a beta of 2.21. The business's 50-day moving average price is $4.79 and its 200 day moving average price is $4.44. The company has a quick ratio of 1.06, a current ratio of 1.65 and a debt-to-equity ratio of 0.33. Hecla Mining has a twelve month low of $3.33 and a twelve month high of $6.23.
Hecla Mining (NYSE:HL - Get Free Report) last issued its quarterly earnings data on Thursday, February 15th. The basic materials company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.02). The firm had revenue of $160.69 million during the quarter, compared to analyst estimates of $151.51 million. Hecla Mining had a negative return on equity of 0.27% and a negative net margin of 11.69%. The business's quarterly revenue was down 17.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. As a group, equities analysts forecast that Hecla Mining will post 0.02 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Roth Mkm raised their price objective on Hecla Mining from $4.60 to $6.00 and gave the company a "buy" rating in a research note on Tuesday, April 9th. StockNews.com raised shares of Hecla Mining to a "sell" rating in a research report on Thursday. National Bank Financial reaffirmed an "outperform market weight" rating on shares of Hecla Mining in a report on Monday, April 8th. Finally, HC Wainwright reiterated a "buy" rating and set a $10.25 price objective on shares of Hecla Mining in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $6.89.
Read Our Latest Report on HL
About Hecla Mining
(
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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.
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