Hecla Mining Co. (NYSE:HL) price is hovering lower on Monday, April 15, dropping -2.21% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $5.42. Taking into account the 52-week price action we note that the stock hit a 52-week high of $6.99 and 52-week low of $3.33. The stock added 22.69% on its value in the past month.
Hecla Mining Co., which has a market valuation of $3.31 billion. The company stock has a Forward Dividend ratio of 0.01, while the dividend yield is 0.26%. It is understandable that investor optimism is growing ahead of the company’s current quarter results. In this case, analysts estimate an annual EPS growth of 200.00% for the year and 1,300.00% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $188.55 million, with the likely lows of $183 million and highs of $194.1 million. The average estimate suggests sales growth for the quarter will likely fall by -5.50% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $809.73 million for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 12.40% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give HL a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that HL’s price is at present 9.12% off the SMA20 and 26.33% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 62.92, with weekly volatility standing at 6.57%. The indicator jumps to 5.55% when calculated based on the past 30 days. Hecla Mining Co. (NYSE:HL)’s beta value is holding at 2.19, while the average true range (ATR) indicator is currently reading 0.28.
An analysis of the Hecla Mining Co. (NYSE:HL) stock in terms of its daily trading volume indicates that the 3-month average is 7.48 million.
Current records show that the company has 599.08M in outstanding shares. The insiders’ percentage holdings are 7.07% of outstanding shares while the percentage share held by institutions stands at 60.10%. But the 10.19% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
