77,309 Shares in Hecla Mining Company $HL Acquired by Rothschild Wealth LLC

Rothschild Wealth LLC acquired a new stake in Hecla Mining Company (NYSE:HL) in the fourth quarter, Holdings Channel reports. The fund acquired 77,309 shares of the basic materials company’s stock, valued at approximately $1,484,000.

Several other hedge funds also recently made changes to their positions in HL. Veracity Capital LLC increased its holdings in shares of Hecla Mining by 4.0% during the fourth quarter. Veracity Capital LLC now owns 11,005 shares of the basic materials company’s stock worth $211,000 after purchasing an additional 419 shares during the period. CWM LLC increased its holdings in shares of Hecla Mining by 1.4% during the fourth quarter. CWM LLC now owns 31,853 shares of the basic materials company’s stock worth $611,000 after purchasing an additional 434 shares during the period. Blue Trust Inc. increased its holdings in shares of Hecla Mining by 9.5% during the fourth quarter. Blue Trust Inc. now owns 5,786 shares of the basic materials company’s stock worth $111,000 after purchasing an additional 500 shares during the period. Parallel Advisors LLC raised its holdings in Hecla Mining by 33.9% in the 4th quarter. Parallel Advisors LLC now owns 2,011 shares of the basic materials company’s stock valued at $39,000 after acquiring an additional 509 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its holdings in Hecla Mining by 74.3% in the 4th quarter. Quadrant Capital Group LLC now owns 1,480 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 631 shares in the last quarter. 63.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HL has been the subject of several analyst reports. HC Wainwright dropped their price objective on Hecla Mining from $36.50 to $26.75 and set a “buy” rating for the company in a report on Wednesday, May 6th. Canaccord Genuity Group raised Hecla Mining from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Wednesday, April 29th. Roth Mkm set a $13.00 price objective on Hecla Mining in a report on Wednesday, February 18th. Wall Street Zen cut Hecla Mining from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings cut Hecla Mining from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, June 5th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $24.79.

Hecla Mining Trading Up 0.6%

Shares of HL opened at $16.75 on Wednesday. Hecla Mining Company has a 52-week low of $5.47 and a 52-week high of $34.17. The business’s fifty day moving average is $17.85 and its 200-day moving average is $20.09. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.53 and a current ratio of 4.94. The firm has a market cap of $11.24 billion, a price-to-earnings ratio of 40.86 and a beta of 1.25.

Hecla Mining (NYSE:HL) last posted its earnings results on Tuesday, May 5th. The basic materials company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.03). The company had revenue of $411.43 million for the quarter, compared to the consensus estimate of $407.63 million. Hecla Mining had a return on equity of 16.89% and a net margin of 17.41%.The business’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 EPS.

Hecla Mining Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.0038 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Hecla Mining’s payout ratio is presently 2.44%.

About Hecla Mining

Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

The company’s principal operations are located in North America and Latin America.