Hecla Mining Company (NYSE:HL) is set to issue its quarterly earnings data before the market opens on Tuesday, November 7th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Hecla Mining (NYSE:HL) last released its quarterly earnings results on Thursday, August 3rd. The basic materials company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.05). The company had revenue of $134.30 million during the quarter, compared to analysts’ expectations of $130.54 million. Hecla Mining had a return on equity of 2.56% and a net margin of 7.88%. The firm’s revenue was down 21.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.06 EPS. On average, analysts expect Hecla Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Hecla Mining Company (NYSE HL) opened at $4.45 on Friday. The firm has a market capitalization of $1,775.63, a P/E ratio of 44.50, a price-to-earnings-growth ratio of 85.58 and a beta of 0.31. Hecla Mining Company has a fifty-two week low of $4.43 and a fifty-two week high of $7.64. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.56 and a quick ratio of 2.14.
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In other news, Director George R. Nethercutt, Jr. sold 62,500 shares of the stock in a transaction that occurred on Friday, October 13th. The stock was sold at an average price of $5.24, for a total transaction of $327,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.50% of the company’s stock.
HL has been the subject of a number of analyst reports. Zacks Investment Research cut Hecla Mining from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. ValuEngine cut Hecla Mining from a “hold” rating to a “sell” rating in a report on Friday, August 4th. TheStreet cut Hecla Mining from a “b-” rating to a “c” rating in a report on Thursday, August 3rd. HC Wainwright restated a “buy” rating and issued a $8.50 price target on shares of Hecla Mining in a report on Tuesday, August 29th. Finally, Canaccord Genuity restated a “hold” rating and issued a $5.00 price target on shares of Hecla Mining in a report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. Hecla Mining currently has a consensus rating of “Hold” and an average price target of $6.52.
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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