Hecla Mining Co [NYSE: HL] traded at a high on Friday, posting a 5.67 gain after which it closed the day’ session at $5.78.
The results of the trading session contributed to over 25415268 shares changing hands. Over the past one week, the price volatility of Hecla Mining Co stands at 9.07% while the volatility over the past one month is 6.05%.
The market cap for HL stock reached $3.65 billion, with 631.73 million shares outstanding and 591.71 million shares in the current float. Compared to the average trading volume of 20.51M shares, HL reached a trading volume of 25415268 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hecla Mining Co [HL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HL shares is $7.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HL stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Hecla Mining Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 13, 2023. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Outperform. The new note on the price target was released on September 14, 2023, representing the official price target for Hecla Mining Co stock. Previously, the target price had yet another raise to $7.50, while National Bank Financial analysts kept a Outperform rating on HL stock.
The Average True Range (ATR) for Hecla Mining Co is set at 0.38, with the Price to Sales ratio for HL stock in the period of the last 12 months amounting to 3.93. The Price to Book ratio for the last quarter was 1.79, with the Price to Cash per share for the same quarter was set at 0.04. Price to Free Cash Flow for HL in the course of the last twelve months was 963.58 with Quick ratio for the last quarter at 0.55.
How has HL stock performed recently?
Hecla Mining Co [HL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.46. With this latest performance, HL shares gained by 0.17% in over the last four-week period, additionally sinking by -9.12% over the last 6 months – not to mention a rise of 5.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HL stock in for the last two-week period is set at 56.53, with the RSI for the last a single of trading hit 60.67, and the three-weeks RSI is set at 54.43 for Hecla Mining Co [HL]. The present Moving Average for the last 50 days of trading for this stock 5.57, while it was recorded at 5.20 for the last single week of trading, and 5.76 for the last 200 days.
Hecla Mining Co [HL]: Deeper insight into the fundamentals
Hecla Mining Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 1.08.
Earnings analysis for Hecla Mining Co [HL]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hecla Mining Co go to 34.89%.
Insider trade positions for Hecla Mining Co [HL]
There are presently around $68.39%, or 72.95%% of HL stock, in the hands of institutional investors. The top three institutional holders of HL stocks are: VANGUARD GROUP INC with ownership of 59.48 million shares, which is approximately 9.6528%. VAN ECK ASSOCIATES CORP, holding 52.44 million shares of the stock with an approximate value of $$254.34 million in HL stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$242.86 million in HL stock with ownership which is approximately 8.1145%.
