Hecla Mining (NYSE:HL)‘s inventory had its “purchase” score restated by equities analysis analysts at HC Wainwright in a report issued on Monday, TipRanks stories. They at the moment have a $4.00 goal value on the fundamental supplies firm’s inventory. HC Wainwright’s value goal would point out a possible upside of 22.32% from the inventory’s earlier shut.
A number of different equities analysts additionally just lately issued stories on the corporate. Scotiabank raised Hecla Mining to a “maintain” score in a analysis report on Tuesday, March 17th. Royal Financial institution of Canada reissued a “promote” score and issued a $2.25 goal value on shares of Hecla Mining in a analysis report on Thursday, April 30th. B. Riley elevated their value goal on Hecla Mining from $5.00 to $5.30 and gave the inventory a “impartial” score in a analysis report on Thursday, Might 14th. Canaccord Genuity downgraded Hecla Mining from a “maintain” score to a “promote” score and set a $1.50 value goal on the inventory. in a analysis report on Tuesday, April 14th. Lastly, Zacks Funding Analysis downgraded Hecla Mining from a “purchase” score to a “maintain” score in a analysis report on Wednesday, April 15th. Two analysts have rated the inventory with a promote score, six have assigned a maintain score and two have given a purchase score to the corporate’s inventory. Hecla Mining at the moment has a consensus score of “Maintain” and a consensus value goal of $3.00.
NYSE HL opened at $3.27 on Monday. The corporate has a debt-to-equity ratio of 0.42, a present ratio of two.92 and a fast ratio of two.28. The inventory’s fifty day transferring common value is $3.17 and its 200 day transferring common value is $2.81. Hecla Mining has a 1 yr low of $1.38 and a 1 yr excessive of $3.65. The corporate has a market cap of $1.68 billion, a price-to-earnings ratio of -17.21 and a beta of 1.82.
Hecla Mining (NYSE:HL) final launched its earnings outcomes on Thursday, Might seventh. The essential supplies firm reported ($0.03) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($0.01) by ($0.02). Hecla Mining had a destructive web margin of 13.87% and a destructive return on fairness of three.86%. The agency had income of $136.90 million in the course of the quarter, in comparison with analyst estimates of $153.38 million. Throughout the identical interval within the earlier yr, the corporate earned ($0.04) earnings per share. Hecla Mining’s income was down 10.3% on a year-over-year foundation. Analysis analysts anticipate that Hecla Mining will publish -0.01 earnings per share for the present yr.
Hedge funds have just lately purchased and bought shares of the corporate. Quilter Plc bought a brand new stake in shares of Hecla Mining in the course of the 1st quarter price about $28,000. Pictet Asset Administration Ltd. bought a brand new stake in shares of Hecla Mining in the course of the 1st quarter price about $30,000. Heritage Buyers Administration Corp bought a brand new stake in shares of Hecla Mining in the course of the 1st quarter price about $31,000. Banco Bilbao Vizcaya Argentaria S.A. bought a brand new stake in shares of Hecla Mining in the course of the 4th quarter price about $76,000. Lastly, Monetary Advocates Funding Administration bought a brand new stake in shares of Hecla Mining in the course of the 1st quarter price about $45,000. 58.24% of the inventory is at the moment owned by institutional buyers and hedge funds.
About Hecla Mining
Hecla Mining Firm, along with its subsidiaries, discovers, acquires, develops, and produces valuable and base metallic properties worldwide. The corporate affords lead, zinc, and bulk flotation concentrates to customized smelters and brokers; and unrefined gold and silver bullion bars to valuable metals merchants.
Additional Studying: Return On Belongings
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