The stock of Hecla Mining Co. (HL) has gone up by 22.57% for the week, with a 27.72% rise in the past month and a 29.71% rise in the past quarter. The volatility ratio for the week is 5.06%, and the volatility levels for the past 30 days are 4.40% for HL. . The simple moving average for the past 20 days is 13.69% for HL’s stock, with a 35.06% simple moving average for the past 200 days.
Is It Worth Investing in Hecla Mining Co. (NYSE: HL) Right Now?
Company’s 36-month beta value is 1.99.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for HL is 588.31M, and currently, short sellers hold a 2.27% ratio of that floaft. The average trading volume of HL on September 13, 2024 was 8.43M shares.
HL) stock’s latest price update
Hecla Mining Co. (NYSE: HL) has experienced a rise in its stock price by 3.73 compared to its previous closing price of 6.44. However, the company has seen a gain of 22.57% in its stock price over the last five trading days. finbold.com reported 2024-09-13 that A stock rarely traded by United States politicians is experiencing massive short-term gains after a Congress member made a bet on the company.
Analysts’ Opinion of HL
Many brokerage firms have already submitted their reports for HL stocks, with ROTH MKM repeating the rating for HL by listing it as a “Buy.” The predicted price for HL in the upcoming period, according to ROTH MKM is $4.40 based on the research report published on October 13, 2023 of the previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see HL reach a price target of $5.50. The rating they have provided for HL stocks is “Outperform” according to the report published on September 14th, 2023.
National Bank Financial gave a rating of “Outperform” to HL, setting the target price at $7.50 in the report published on June 28th of the previous year.
HL Trading at 18.11% 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 able to rebound, for now settling with 2.77% of gains for the given period.
Volatility was left at 4.40%, however, over the last 30 days, the volatility rate increased by 5.06%, as shares surge +20.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.34% upper at present.
During the last 5 trading sessions, HL rose by +22.94%, which changed the moving average for the period of 200-days by +38.14% in comparison to the 20-day moving average, which settled at $5.93. In addition, Hecla Mining Co. saw 38.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HL starting from Absolom Stuart Maurice, who sale 4,499 shares at the price of $4.91 back on Jun 25 ’24. After this action, Absolom Stuart Maurice now owns 69,036 shares of Hecla Mining Co., valued at $22,068 using the latest closing price.
Aguiar Rodriguez Carlos Robert, the VP – Operations of Hecla Mining Co., sale 7,140 shares at $4.91 during a trade that took place back on Jun 25 ’24, which means that Aguiar Rodriguez Carlos Robert is holding 197,354 shares at $35,022 based on the most recent closing price.
Stock Fundamentals for HL
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.12 for the gross margin
The net margin for Hecla Mining Co. stands at -0.06. The total capital return value is set at -0.01. Equity return is now at value -2.18, with -1.47 for asset returns.
Based on Hecla Mining Co. (HL), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is -0.47.
Currently, EBITDA for the company is 208.71 million with net debt to EBITDA at 2.73. When we switch over and look at the enterprise to sales, we see a ratio of 6.17. The receivables turnover for the company is 15.78for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In a nutshell, Hecla Mining Co. (HL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
