Hecla Mining Co. (NYSE:HL) shares, rose in value, without any change to the previous day’s close as strong demand from buyers drove the stock to $5.24.
Actively observing the price movement in the last trading, the stock closed the session at $5.24. Referring to stock’s 52-week performance, its high was $6.29, and the low was $3.33. On the whole, HL has fluctuated by 23.00% over the past month.
The company’s Forward Dividend Ratio is 0.01, with its dividend yield at 0.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 809.73M, with a low estimate of 183M and a high estimate of 194.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 188.55M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HL’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HL currently trading nearly 0.72% and 18.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.02, while the 7-day volatility ratio is showing 4.18% which for the 30-day chart, stands at 5.49%. Furthermore, Hecla Mining Co. (HL)’s beta value is 2.19, and its average true range (ATR) is 0.26.
A comparison of Hecla Mining Co. (HL) with its peers suggests the former has fared considerably weaker in the market. HL showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -14.98%%.
Data on historical trading for Hecla Mining Co. (NYSE:HL) indicates that the trading volumes over the past 3 months, they’ve averaged 7.76 million. According to company’s latest data on outstanding shares, there are 599.08 million shares outstanding.
Nearly 6.36% of Hecla Mining Co.’s shares belong to company insiders and institutional investors own 60.14% of the company’s shares. The stock has risen by 8.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HL stock heading into the next quarter.
