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Hecla Mining (HL) Stock Forecast & Price Target

$5.90
-0.11 (-1.83%)
(As of 07/19/2024 ET)

Hecla Mining - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 10 Wall Street analysts who have issued ratings for Hecla Mining in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 2 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for HL.

Consensus Price Target

$6.89
16.83% Upside
High Forecast$10.25
Average Forecast$6.89
Low Forecast$5.50

According to the 10 analysts' twelve-month price targets for Hecla Mining, the average price target is $6.89. The highest price target for HL is $10.25, while the lowest price target for HL is $5.50. The average price target represents a forecasted upside of 16.83% from the current price of $5.90.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.89$6.97$6.68$6.93
Forecasted Upside16.83% Upside46.42% Upside49.74% Upside24.97% Upside
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HL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hecla Mining Stock vs. The Competition

TypeHecla MiningBasic Materials CompaniesS&P 500
Consensus Rating Score
2.90
2.63
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside14.88% Upside383.54% Upside9.15% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/12/2024HC Wainwright
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$10.25 ➝ $10.25+72.70%
5/22/2024Cibc World Mkts
0 of 5 stars
C. Chiu
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UpgradeHold
5/22/2024CIBC
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$6.75 ➝ $7.50+24.17%
5/9/2024Cantor Fitzgerald
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M. Kozak
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UpgradeStrong-Buy
4/9/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$4.60 ➝ $6.00+4.71%
4/8/2024National Bank Financial
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M. Parkin
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Reiterated RatingOutperform Market Weight
11/8/2023TD Securities
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 Lower TargetBuy$7.00 ➝ $6.50+63.32%
10/13/2023Roth Capital
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J. Reagor
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UpgradeNeutral ➝ Buy
9/19/2023National Bankshares
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 Lower TargetOutperform$7.25 ➝ $7.00+73.70%
9/14/2023BMO Capital Markets
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 Initiated CoverageOutperform ➝ Outperform$5.50+38.89%
8/24/2023B. Riley
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 Lower TargetBuy ➝ Buy$6.00 ➝ $5.50+24.72%
5/12/202358.com
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 Reiterated RatingDowngrade
2/16/2023Canaccord Genuity Group
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 Lower TargetBuy$7.25 ➝ $6.25+20.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:00 PM ET.

HL Forecast - Frequently Asked Questions

What is Hecla Mining's forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Hecla Mining is $6.89, with a high forecast of $10.25 and a low forecast of $5.50.

Should I buy or sell Hecla Mining stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hecla Mining in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HL shares.

Does Hecla Mining's stock price have much upside?

According to analysts, Hecla Mining's stock has a predicted upside of 41.56% based on their 12-month stock forecasts.

Has Hecla Mining been upgraded by Wall Street analysts recently?

Over the previous 90 days, Hecla Mining's stock had 2 upgrades by analysts.

What analysts cover Hecla Mining?

Hecla Mining has been rated by research analysts at Cantor Fitzgerald, CIBC, Cibc World Mkts, and HC Wainwright in the past 90 days.

Do Wall Street analysts like Hecla Mining more than its competitors?

Analysts like Hecla Mining more than other "basic materials" companies. The consensus rating score for Hecla Mining is 2.90 while the average consensus rating score for "basic materials" companies is 2.63. Learn more on how HL compares to other companies.


This page (NYSE:HL) was last updated on 7/19/2024 by MarketBeat.com Staff

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