During the last session, Hecla Mining Company (NYSE:HL)’s traded shares were 4.98 million, with the beta value of the company hitting 2.01. At the end of the trading day, the stock’s price was $5.72, reflecting an intraday gain of 0.70% or $0.04. The 52-week high for the HL share is $7.66, that puts it down -33.92 from that peak though still a striking 40.38% gain since the share price plummeted to a 52-week low of $3.41. The company’s market capitalization is $3.63B, and the average intraday trading volume over the past 10 days was 7.4 million shares, and the average trade volume was 8.73 million shares over the past three months.

Hecla Mining Company (NYSE:HL) trade information

Hecla Mining Company (HL) registered a 0.70% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.70% in intraday trading to $5.72 this Friday, 02/10/23, hitting a weekly high. The stock’s 5-day price performance is -3.70%, and it has moved by -1.72% in 30 days. Based on these gigs, the overall price performance for the year is 8.58%. The short interest in Hecla Mining Company (NYSE:HL) is 17.7 million shares and it means that shorts have 2.06 day(s) to cover.

Hecla Mining Company (HL) estimates and forecasts

Statistics show that Hecla Mining Company has underperformed its competitors in share price, compared to the industry in which it operates. Hecla Mining Company (HL) shares have gone up 26.55% during the last six months, with a year-to-date growth rate less than the industry average at -107.14% against -22.70. In the rating firms’ projections, revenue will decrease -6.50% compared to the previous financial year.

Revenue for the current quarter is expected to be $171.57 million as predicted by 4 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to $174.15 million by the end of Dec 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $193.56 million and $185.08 million respectively. In this case, analysts expect current quarter sales to shrink by -11.40% and then drop by -5.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.80%. While earnings are projected to return 435.70% in 2023.

HL Dividends

Hecla Mining Company is due to release its next quarterly earnings between February 20 and February 24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Hecla Mining Company is 0.02, with the dividend yield indicating at 0.40 percent, continuing the trend of increasing dividends in recent years.

Hecla Mining Company (NYSE:HL)’s Major holders

Hecla Mining Company insiders own 7.81% of total outstanding shares while institutional holders control 63.38%, with the float percentage being 68.75%. Van Eck Associates Corporation is the largest shareholder of the company, while 403 institutions own stock in it. As of Jun 29, 2022, the company held over 52.38 million shares (or 8.80% of all shares), a total value of $205.32 million in shares.

The next largest institutional holding, with 51.54 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 8.66% of outstanding shares. At the market price on Jun 29, 2022, these shares were valued at $202.03 million.

Also, the Mutual Funds coming in first place with the largest holdings of Hecla Mining Company (HL) shares are VanEck ETF Trust-VanEck Gold Miners ETF and SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF. Data provided on Sep 29, 2022 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 30.57 million shares. This amounts to just over 5.13 percent of the company’s overall shares, with a $120.43 million market value. The same data shows that the other fund manager holds slightly less at 16.14 million, or about 2.71% of the stock, which is worth about $63.61 million.

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