Hecla Mining (HL) to Release Earnings on Wednesday

Hecla Mining (NYSE:HLGet Free Report) is set to post its quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect Hecla Mining to post earnings of ($0.02) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Hecla Mining Stock Performance

Shares of NYSE:HL opened at $3.70 on Tuesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.71 and a quick ratio of 1.04. The business’s 50 day moving average price is $4.37 and its 200-day moving average price is $4.35. The firm has a market capitalization of $2.28 billion, a PE ratio of -41.06 and a beta of 2.19. Hecla Mining has a 1 year low of $3.48 and a 1 year high of $7.00.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. HC Wainwright lowered their price target on Hecla Mining from $9.00 to $8.75 and set a “buy” rating on the stock in a research note on Wednesday, November 8th. StockNews.com raised Hecla Mining to a “sell” rating in a research note on Friday, November 17th. National Bank Financial reiterated an “outperform market weight” rating on shares of Hecla Mining in a research report on Wednesday, January 3rd. Finally, TD Securities reduced their price objective on Hecla Mining from $7.00 to $6.50 and set a “buy” rating on the stock in a research report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.43.

View Our Latest Report on Hecla Mining

Institutional Investors Weigh In On Hecla Mining

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HL. State Street Corp raised its position in Hecla Mining by 23.3% in the first quarter. State Street Corp now owns 31,925,189 shares of the basic materials company’s stock valued at $209,748,000 after purchasing an additional 6,033,244 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Hecla Mining by 325.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,801,009 shares of the basic materials company’s stock valued at $44,682,000 after buying an additional 5,202,053 shares during the period. Norges Bank purchased a new stake in shares of Hecla Mining in the 4th quarter valued at $16,808,000. Ameriprise Financial Inc. raised its holdings in shares of Hecla Mining by 1,189.4% in the 1st quarter. Ameriprise Financial Inc. now owns 2,991,309 shares of the basic materials company’s stock valued at $18,935,000 after buying an additional 2,759,311 shares during the period. Finally, UBS Group AG raised its holdings in shares of Hecla Mining by 120.8% in the 1st quarter. UBS Group AG now owns 370,662 shares of the basic materials company’s stock valued at $2,346,000 after buying an additional 2,151,875 shares during the period. Hedge funds and other institutional investors own 59.00% of the company’s stock.

About Hecla Mining

(Get Free Report)

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for sale to custom smelters, metal traders, and third-party processors; and doré containing silver and gold.

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Earnings History for Hecla Mining (NYSE:HL)

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