FY2025 EPS Estimates for Hecla Mining Boosted by Analyst

Hecla Mining (NYSE:HL) – Research analysts at Roth Capital lifted their FY2025 earnings estimates for shares of Hecla Mining in a research report issued on Monday, November 11th. Roth Capital analyst J. Reagor now anticipates that the basic materials company will post earnings of $0.05 per share for the year, up from their previous estimate of $0.04. The consensus estimate for Hecla Mining’s current full-year earnings is $0.06 per share.

Several other equities research analysts have also weighed in on the company. StockNews.com lowered Hecla Mining from a “hold” rating to a “sell” rating in a research report on Thursday, October 17th. National Bank Financial cut Hecla Mining from a “strong-buy” rating to a “hold” rating in a report on Friday, November 8th. Roth Mkm reduced their price objective on Hecla Mining from $6.25 to $6.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. HC Wainwright restated a “buy” rating and issued a $10.25 target price on shares of Hecla Mining in a research report on Thursday, August 8th. Finally, TD Securities reduced their price target on Hecla Mining from $8.50 to $8.00 and set a “buy” rating for the company in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $7.94.

Hecla Mining Price Performance

Shares of NYSE:HL opened at $5.43 on Tuesday. The company has a market cap of $3.41 billion, a PE ratio of -135.75 and a beta of 2.00. Hecla Mining has a fifty-two week low of $3.33 and a fifty-two week high of $7.68. The company has a quick ratio of 0.54, a current ratio of 1.09 and a debt-to-equity ratio of 0.24. The firm has a 50-day simple moving average of $6.52 and a 200 day simple moving average of $5.84.

Hecla Mining (NYSE:HL) last announced its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.03 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $245.09 million during the quarter, compared to analyst estimates of $232.03 million. During the same period in the previous year, the company earned ($0.01) earnings per share. Hecla Mining’s quarterly revenue was up 34.7% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets raised its stake in Hecla Mining by 61.7% during the first quarter. BNP Paribas Financial Markets now owns 339,557 shares of the basic materials company’s stock worth $1,633,000 after acquiring an additional 129,592 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Hecla Mining by 1,160.5% in the first quarter. Janney Montgomery Scott LLC now owns 294,713 shares of the basic materials company’s stock valued at $1,418,000 after buying an additional 271,332 shares in the last quarter. GSA Capital Partners LLP acquired a new position in Hecla Mining during the 1st quarter worth about $439,000. Quantbot Technologies LP bought a new stake in Hecla Mining during the 1st quarter worth about $727,000. Finally, Empowered Funds LLC increased its position in Hecla Mining by 27.7% in the 1st quarter. Empowered Funds LLC now owns 13,447 shares of the basic materials company’s stock valued at $65,000 after acquiring an additional 2,916 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.

Insiders Place Their Bets

In other Hecla Mining news, VP Kurt Allen sold 108,612 shares of Hecla Mining stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $6.77, for a total value of $735,303.24. Following the completion of the sale, the vice president now directly owns 173,700 shares in the company, valued at $1,175,949. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.40% of the company’s stock.

Hecla Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Stockholders of record on Thursday, November 21st will be issued a $0.0138 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.01%. Hecla Mining’s dividend payout ratio is -125.00%.

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.