Hecla Mining (HL) Expected to Announce Quarterly Earnings on Thursday

Hecla Mining (NYSE:HL) is projected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $229.21 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Hecla Mining (NYSE:HL) last announced its earnings results on Wednesday, November 6th. The basic materials company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. Hecla Mining had a positive return on equity of 0.75% and a negative net margin of 2.27%. The company had revenue of $245.09 million during the quarter, compared to the consensus estimate of $232.03 million. During the same quarter in the prior year, the company earned ($0.01) earnings per share. The firm’s revenue for the quarter was up 34.7% on a year-over-year basis. 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 Price Performance

HL opened at $5.95 on Thursday. Hecla Mining has a 12-month low of $3.33 and a 12-month high of $7.68. The company has a market cap of $3.73 billion, a price-to-earnings ratio of -148.63 and a beta of 1.91. The company has a current ratio of 1.09, a quick ratio of 0.54 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $5.38 and a two-hundred day simple moving average of $5.84.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HL. National Bank Financial lowered Hecla Mining from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 8th. StockNews.com cut shares of Hecla Mining from a “hold” rating to a “sell” rating in a report on Thursday, October 17th. Finally, TD Securities decreased their target price on shares of Hecla Mining from $8.50 to $8.00 and set a “buy” rating for the company in a research note on Friday, November 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Hecla Mining has an average rating of “Moderate Buy” and an average target price of $7.94.

Hecla Mining Company Profile

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.