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Hecla Mining Company (HL): Skating on Thin Ice? We Know the Answer

Hecla Mining Company (NYSE:HL) went down by -0.88% from its latest closing price compared to the recent 1-year high of $7.66. The company’s stock price has collected 10.59% of gains in the last five trading sessions.

Is It Worth Investing in Hecla Mining Company (NYSE :HL) Right Now?

Hecla Mining Company (NYSE:HL) scored a price-to-earnings ratio above its average ratio, recording 140.31 x from its present earnings ratio. Plus, the 36-month beta value for HL is at 2.05. Opinions of the stock are interesting as 5 analysts out of 9 who provided ratings for Hecla Mining Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $6.17, which is $1.68 above the current price. HL currently public float of 530.14M and currently shorts hold a 3.43% ratio of that float. Today, the average trading volume of HL was 7.50M shares.

HL’s Market Performance

HL stocks went up by 10.59% for the week, with a monthly jump of 14.54% and a quarterly performance of -13.82%, while its annual performance rate touched -32.74%. The volatility ratio for the week stands at 5.94% while the volatility levels for the past 30 days are set at 6.65% for Hecla Mining Company. The simple moving average for the period of the last 20 days is 15.00% for HL stocks with a simple moving average of -16.32% for the last 200 days.

Analysts’ Opinion of HL

Many brokerage firms have already submitted their reports for HL stocks, with ROTH Capital repeating the rating for HL by listing it as a “Buy.” The predicted price for HL in the upcoming period, according to ROTH Capital is $6.25 based on the research report published on May 11th of the current year 2022.

ROTH Capital, on the other hand, stated in their research note that they expect to see HL reach a price target of $6.50, previously predicting the price at $6.25. The rating they have provided for HL stocks is “Neutral” according to the report published on April 13th, 2022.

ROTH Capital gave a rating of “Buy” to HL, setting the target price at $7.50 in the report published on September 27th of the previous year.

HL Trading at 4.22% from the 50-Day Moving Average

After a stumble in the market that brought HL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.38% of loss for the given period.

Volatility was left at 6.65%, however, over the last 30 days, the volatility rate increased by 5.94%, as shares surge +11.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.58% upper at present.

During the last 5 trading sessions, HL rose by +10.59%, which changed the moving average for the period of 200-days by -17.16% in comparison to the 20-day moving average, which settled at $3.93. In addition, Hecla Mining Company saw -13.95% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for HL

Current profitability levels for the company are sitting at:

  • +9.82 for the present operating margin
  • +20.51 for the gross margin

The net margin for Hecla Mining Company stands at +4.34.

The liquidity ratio also appears to be rather interesting for investors as it stands at 2.13.

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