Examining the Volatility of Hecla Mining Co’s (HL) Stock

The stock of Hecla Mining Co (HL) has seen a -4.01% decrease in the past week, with a -17.79% drop in the past month, and a -8.49% decrease in the past quarter. The volatility ratio for the week is 5.12%, and the volatility levels for the past 30 days are at 4.75% for HL. The simple moving average for the past 20 days is -13.75% for HL’s stock, with a 1.60% simple moving average for the past 200 days.

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

HL has 36-month beta value of 1.95. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 1 as “sell.”

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The public float for HL is 595.32M, and currently, short sellers hold a 2.87% ratio of that float. The average trading volume of HL on November 18, 2024 was 11.46M shares.

HL) stock’s latest price update

The stock price of Hecla Mining Co (NYSE: HL) has plunged by -1.79 when compared to previous closing price of 5.60, but the company has seen a -4.01% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-07 that Hecla Mining Company (NYSE:HL ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Anvita Patil – VP, IR and Treasurer Cassie Boggs – Interim President and CEO Rob Krcmarov – Incoming President and Chief Executive Officer Russell Lawlar – SVP and CFO Carlos Aguiar – VP, of Operations Kurt Allen – VP, Exploration Conference Call Participants Lucas Pipes – B. Riley Heiko Ihle – H.C.

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 -15.60% 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 -28.39% of loss for the given period.

Volatility was left at 4.75%, however, over the last 30 days, the volatility rate increased by 5.12%, as shares sank -24.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.92% upper at present.

During the last 5 trading sessions, HL fell by -4.01%, which changed the moving average for the period of 200-days by +39.59% in comparison to the 20-day moving average, which settled at $6.38. In addition, Hecla Mining Co saw 14.39% 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 Aguiar Rodriguez Carlos Robert, who purchase 5 shares at the price of $6.76 back on Oct 02 ’24. After this action, Aguiar Rodriguez Carlos Robert now owns 197,359 shares of Hecla Mining Co, valued at $34 using the latest closing price.

Allen Kurt, the VP-Exploration of Hecla Mining Co, sale 108,612 shares at $6.77 during a trade that took place back on Sep 17 ’24, which means that Allen Kurt is holding 173,700 shares at $734,988 based on the most recent closing price.

Stock Fundamentals for HL

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.1 for the gross margin

The net margin for Hecla Mining Co stands at 0.0. The total capital return value is set at 0.0. Equity return is now at value -0.95, with -0.64 for asset returns.

Based on Hecla Mining Co (HL), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 0.26.

Currently, EBITDA for the company is 131.57 million with net debt to EBITDA at 2.26. When we switch over and look at the enterprise to sales, we see a ratio of 3.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.

Conclusion

To put it simply, Hecla Mining Co (HL) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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