Hecla Mining Company (HL) Receives News Impact Score of 0.19
Press coverage about Hecla Mining Company (NYSE:HL) has been trending somewhat positive on Friday, AlphaOne Sentiment Analysis reports. AlphaOne, a unit of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hecla Mining Company earned a daily sentiment score of 0.19 on AlphaOne’s scale. AlphaOne also assigned news headlines about the basic materials company an impact score of 59 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted AlphaOne Sentiment’s analysis:
- Hecla Reports Q1 Silver & Gold Production – Quick Facts (nasdaq.com)
- Hecla Mining Releases Preliminary Operating Results (finance.yahoo.com)
- Hecla Mining : Strike at Lucky Friday Mine has little effect on Hecla’s silver production, official says (4-traders.com)
- Hecla Mining Reports 3.4 Million Ounces of Silver and 56,113 Ounces of Gold Production (juniorminingnetwork.com)
- Hecla Reports 3.4 Million Ounces of Silver and 56,113 Ounces of Gold Production (finance.yahoo.com)
Shares of Hecla Mining Company (NYSE:HL) traded down 1.62% on Friday, hitting $5.47. The company had a trading volume of 6,684,605 shares. The firm has a market capitalization of $2.16 billion, a P/E ratio of 30.56 and a beta of 0.47. The firm has a 50 day moving average of $5.24 and a 200-day moving average of $5.80. Hecla Mining Company has a 12-month low of $3.63 and a 12-month high of $7.64.
Hecla Mining Company (NYSE:HL) last announced its earnings results on Thursday, February 23rd. The basic materials company reported $0.03 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by $0.01. The firm had revenue of $164.25 million for the quarter, compared to the consensus estimate of $162.87 million. Hecla Mining Company had a positive return on equity of 4.88% and a negative net margin of 2.29%. During the same quarter last year, the business posted $0.02 EPS. On average, equities analysts predict that Hecla Mining Company will post $0.16 EPS for the current year.
HL has been the subject of several research analyst reports. Zacks Investment Research downgraded Hecla Mining Company from a “hold” rating to a “sell” rating in a research note on Tuesday, January 17th. BMO Capital Markets raised Hecla Mining Company from an “underperform” rating to a “market perform” rating and increased their price objective for the stock from $5.00 to $6.50 in a research note on Friday, February 24th. Royal Bank of Canada set a $6.00 price objective on Hecla Mining Company and gave the stock a “hold” rating in a research note on Tuesday, March 21st. Finally, Canaccord Genuity reissued a “hold” rating and issued a $6.50 price objective on shares of Hecla Mining Company in a research note on Monday, February 6th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $6.62.
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In other news, Director Anthony P. Taylor sold 30,000 shares of the stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of $6.09, for a total transaction of $182,700.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.80% of the stock is currently owned by company insiders.
Hecla Mining Company Company Profile
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company and its subsidiaries provide precious and base metals to the United States and around the world. It produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars (dore) containing gold and silver.
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