Hecla Mining (NYSE:HL – Free Report) – Research analysts at B. Riley dropped their FY2026 earnings per share (EPS) estimates for Hecla Mining in a research report issued on Tuesday, March 18th. B. Riley analyst N. Giles now expects that the basic materials company will post earnings per share of $0.18 for the year, down from their prior forecast of $0.27. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share. B. Riley also issued estimates for Hecla Mining’s FY2027 earnings at $0.18 EPS.
Hecla Mining (NYSE:HL – Get Free Report) last issued its earnings results on Thursday, February 13th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). Hecla Mining had a return on equity of 3.10% and a net margin of 3.85%. The business had revenue of $249.66 million for the quarter, compared to the consensus estimate of $229.21 million.
Check Out Our Latest Analysis on HL
Hecla Mining Stock Performance
Shares of NYSE:HL opened at $5.84 on Wednesday. The firm has a 50 day moving average of $5.54 and a 200 day moving average of $5.83. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 116.72 and a beta of 1.94. Hecla Mining has a 52 week low of $4.04 and a 52 week high of $7.68.
Hecla Mining Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 10th will be given a dividend of $0.0038 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Monday, March 10th. Hecla Mining’s dividend payout ratio is presently 20.00%.
Insider Buying and Selling at Hecla Mining
In related news, VP Kurt Allen sold 9,195 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total transaction of $47,630.10. Following the completion of the sale, the vice president now directly owns 104,512 shares in the company, valued at approximately $541,372.16. The trade was a 8.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert Krcmarov bought 6,570 shares of the stock in a transaction on Wednesday, February 19th. The shares were acquired at an average cost of $5.29 per share, for a total transaction of $34,755.30. Following the purchase, the chief executive officer now owns 331,856 shares in the company, valued at $1,755,518.24. The trade was a 2.02 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 57,915 shares of company stock valued at $300,000 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.
Institutional Trading of Hecla Mining
Several hedge funds have recently made changes to their positions in HL. KBC Group NV grew its position in Hecla Mining by 19.2% in the third quarter. KBC Group NV now owns 18,075 shares of the basic materials company’s stock worth $121,000 after acquiring an additional 2,909 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Hecla Mining in the 3rd quarter valued at $2,373,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Hecla Mining by 83.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 858,091 shares of the basic materials company’s stock worth $5,723,000 after purchasing an additional 391,114 shares during the period. Intech Investment Management LLC acquired a new stake in shares of Hecla Mining during the 3rd quarter worth about $1,210,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of Hecla Mining during the 3rd quarter worth about $430,000. Hedge funds and other institutional investors own 63.01% of the company’s stock.
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.
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