Hecla Mining (NYSE:HL - Get Free Report) will be releasing its earnings data after the market closes on Wednesday, May 8th. Analysts expect Hecla Mining to post earnings of ($0.02) per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
Hecla Mining (NYSE:HL - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The basic materials company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $160.69 million during the quarter, compared to the consensus estimate of $151.51 million. Hecla Mining had a negative net margin of 11.69% and a negative return on equity of 0.27%. The company's revenue for the quarter was down 17.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 earnings per share. 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 Stock Performance
NYSE HL remained flat at $4.74 during trading hours on Wednesday. The company had a trading volume of 11,213,631 shares, compared to its average volume of 7,695,571. The company has a market cap of $2.92 billion, a PE ratio of -31.73 and a beta of 2.20. Hecla Mining has a 1-year low of $3.33 and a 1-year high of $6.30. The business's 50 day simple moving average is $4.59 and its two-hundred day simple moving average is $4.41. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.06 and a current ratio of 1.65.
Hecla Mining Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Tuesday, March 12th were given a $0.006 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $0.02 dividend on an annualized basis and a yield of 0.51%. Hecla Mining's payout ratio is -13.33%.
Analyst Ratings Changes
A number of brokerages have commented on HL. National Bank Financial reiterated an "outperform market weight" rating on shares of Hecla Mining in a research report on Monday, April 8th. Roth Mkm increased their price target on Hecla Mining from $4.60 to $6.00 and gave the company a "buy" rating in a research note on Tuesday, April 9th. Finally, StockNews.com raised Hecla Mining to a "sell" rating in a research note on Wednesday, April 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, Hecla Mining currently has an average rating of "Moderate Buy" and an average price target of $6.68.
Read Our Latest Stock Analysis on Hecla Mining
About Hecla Mining
(
Get Free Report)
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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