Hecla Mining Company (NYSE:HL)’s share price was up 5.8% during trading on Wednesday . The company traded as high as $3.89 and last traded at $3.80. Approximately 5,884,308 shares were traded during trading, an increase of 6% from the average daily volume of 5,574,298 shares. The stock had previously closed at $3.59.

A number of equities analysts recently commented on HL shares. HC Wainwright reiterated a “buy” rating and set a $8.50 target price on shares of Hecla Mining in a research note on Tuesday, August 29th. ValuEngine upgraded shares of Hecla Mining from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Canaccord Genuity reiterated a “hold” rating and set a $5.00 target price on shares of Hecla Mining in a research note on Thursday, September 7th. BMO Capital Markets reiterated a “hold” rating and set a $6.00 target price on shares of Hecla Mining in a research note on Wednesday, September 20th. Finally, Zacks Investment Research upgraded shares of Hecla Mining from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $5.75.

The company has a current ratio of 2.69, a quick ratio of 2.15 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $1,444.45, a price-to-earnings ratio of 51.71, a P/E/G ratio of 72.40 and a beta of 0.20.

Hecla Mining (NYSE:HL) last announced its earnings results on Tuesday, November 7th. The basic materials company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. Hecla Mining had a net margin of 4.21% and a return on equity of 1.89%. The business had revenue of $140.80 million during the quarter, compared to analysts’ expectations of $151.32 million. During the same period in the prior year, the company earned $0.07 earnings per share. The business’s revenue was down 21.5% compared to the same quarter last year. analysts anticipate that Hecla Mining Company will post 0.05 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Tuesday, November 21st were issued a $0.0025 dividend. The ex-dividend date of this dividend was Monday, November 20th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.26%. Hecla Mining’s payout ratio is 16.67%.

In other news, Director Theodore Crumley purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was purchased at an average cost of $3.49 per share, with a total value of $34,900.00. Following the completion of the acquisition, the director now directly owns 126,536 shares of the company’s stock, valued at approximately $441,610.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director George R. Nethercutt, Jr. sold 62,500 shares of the stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $5.24, for a total transaction of $327,500.00. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of HL. Ameriprise Financial Inc. increased its holdings in Hecla Mining by 15.6% in the second quarter. Ameriprise Financial Inc. now owns 23,302 shares of the basic materials company’s stock valued at $119,000 after buying an additional 3,143 shares in the last quarter. Trexquant Investment LP purchased a new position in Hecla Mining in the second quarter valued at about $124,000. Pacad Investment Ltd. increased its holdings in Hecla Mining by 10.4% in the second quarter. Pacad Investment Ltd. now owns 27,500 shares of the basic materials company’s stock valued at $140,000 after buying an additional 2,600 shares in the last quarter. Advisor Group Inc. increased its holdings in Hecla Mining by 148.1% in the second quarter. Advisor Group Inc. now owns 27,741 shares of the basic materials company’s stock valued at $142,000 after buying an additional 16,561 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in Hecla Mining by 2.6% in the second quarter. Teacher Retirement System of Texas now owns 31,773 shares of the basic materials company’s stock valued at $162,000 after buying an additional 802 shares in the last quarter. 60.33% of the stock is owned by institutional investors.

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About Hecla Mining

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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