Hecla Mining FY2025 EPS Raised by National Bank Financial

Hecla Mining Company (NYSE:HL) – Research analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Hecla Mining in a report issued on Tuesday, September 23rd. National Bank Financial analyst A. Terentiew now anticipates that the basic materials company will post earnings of $0.38 per share for the year, up from their prior forecast of $0.29. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share.

Other research analysts have also issued research reports about the stock. CIBC increased their price target on shares of Hecla Mining from $7.50 to $8.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 15th. HC Wainwright increased their target price on shares of Hecla Mining from $11.50 to $12.50 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Wall Street Zen raised Hecla Mining from a “hold” rating to a “buy” rating in a research report on Saturday, August 9th. BMO Capital Markets upped their price target on Hecla Mining from $6.00 to $6.50 and gave the stock a “market perform” rating in a research note on Thursday, August 7th. Finally, Roth Capital reissued a “neutral” rating on shares of Hecla Mining in a research note on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $7.36.

Hecla Mining Price Performance

Shares of HL opened at $11.56 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.99 and a current ratio of 2.67. The firm has a market cap of $7.74 billion, a PE ratio of 72.22 and a beta of 1.29. The firm’s 50 day moving average price is $8.30 and its 200 day moving average price is $6.54. Hecla Mining has a twelve month low of $4.46 and a twelve month high of $11.90.

Hecla Mining (NYSE:HL) last announced its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.03. Hecla Mining had a return on equity of 5.51% and a net margin of 9.55%.The business had revenue of $304.03 million during the quarter, compared to analyst estimates of $248.93 million. During the same period in the previous year, the company earned $0.02 EPS. The firm’s revenue was up 23.8% on a year-over-year basis.

Institutional Investors Weigh In On Hecla Mining

Several hedge funds have recently modified their holdings of the business. Transce3nd LLC acquired a new stake in shares of Hecla Mining during the 2nd quarter worth approximately $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Hecla Mining in the first quarter worth $31,000. EverSource Wealth Advisors LLC boosted its stake in Hecla Mining by 255.6% during the second quarter. EverSource Wealth Advisors LLC now owns 6,156 shares of the basic materials company’s stock worth $37,000 after buying an additional 4,425 shares in the last quarter. Headlands Technologies LLC bought a new stake in Hecla Mining in the 2nd quarter valued at $44,000. Finally, PFG Investments LLC bought a new stake in Hecla Mining in the 1st quarter valued at $56,000. 63.01% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Hecla Mining news, VP Stuart Maurice Absolom sold 14,472 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $11.29, for a total value of $163,388.88. Following the sale, the vice president owned 73,200 shares of the company’s stock, valued at $826,428. This trade represents a 16.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.62% of the stock is currently owned by insiders.

Hecla Mining Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Friday, August 22nd were given a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, August 22nd. Hecla Mining’s payout ratio is currently 6.25%.

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.