Hecla Mining Company (HL) Getting Very Positive Media Coverage, Report Finds
Press coverage about Hecla Mining Company (NYSE:HL) has trended very positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hecla Mining Company earned a media sentiment score of 0.59 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Hecla Mining Company (HL) Short Interest Up 64.5% in June (americanbankingnews.com)
- Hecla Mining Company (HL) soon to be worth around $6.28 … – AllStockNews (allstocknews.com)
- Hecla Mining Company (NYSE:HL) Quarterly Sales Review (hoyentv.com)
- Hecla Mining Company (NYSE:HL) Downgraded by BidaskClub to Sell – Newburgh Gazette (newburghgazette.com)
- Active Stock You Need to Watch: Hecla Mining Company (HL) – ExpertGazette (expertgazette.com)
Hecla Mining Company (HL) opened at 5.19 on Monday. The stock has a 50 day moving average of $5.62 and a 200 day moving average of $5.64. The company has a market cap of $2.06 billion, a P/E ratio of 21.01 and a beta of 0.43. Hecla Mining Company has a 52 week low of $4.61 and a 52 week high of $7.64.
Hecla Mining Company (NYSE:HL) last released its earnings results on Monday, May 8th. The basic materials company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $142.50 million for the quarter, compared to the consensus estimate of $160.24 million. Hecla Mining Company had a net margin of 14.75% and a return on equity of 5.45%. Hecla Mining Company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 EPS. On average, analysts expect that Hecla Mining Company will post $0.14 earnings per share for the current year.
Several equities analysts recently issued reports on the stock. Royal Bank Of Canada reiterated a “hold” rating and set a $6.00 price target on shares of Hecla Mining Company in a research report on Tuesday, May 30th. HC Wainwright restated a “buy” rating and issued a $8.00 price objective on shares of Hecla Mining Company in a report on Sunday, June 25th. TheStreet upgraded shares of Hecla Mining Company from a “c+” rating to a “b” rating in a report on Monday, June 12th. Zacks Investment Research cut shares of Hecla Mining Company from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Finally, BidaskClub cut shares of Hecla Mining Company from a “hold” rating to a “sell” rating in a report on Friday, June 16th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.81.
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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