Hecla Mining (NYSE:HL) posted its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.01), Briefing.com reports. Hecla Mining had a negative return on equity of 6.02% and a negative net margin of 20.98%. The firm had revenue of $161.50 million for the quarter, compared to analyst estimates of $179.40 million. During the same quarter last year, the company earned ($0.05) earnings per share. The company’s quarterly revenue was up 12.4% compared to the same quarter last year.
NYSE:HL traded up $0.08 during trading hours on Friday, reaching $2.31. The company had a trading volume of 7,844,255 shares, compared to its average volume of 7,279,325. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 0.37. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -21.00 and a beta of 0.97. The business’s 50-day simple moving average is $2.03 and its two-hundred day simple moving average is $1.80. Hecla Mining has a twelve month low of $1.21 and a twelve month high of $3.07.
In other Hecla Mining news, Director Catherine J. Boggs acquired 40,540 shares of Hecla Mining stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $1.50 per share, for a total transaction of $60,810.00. Following the completion of the acquisition, the director now directly owns 40,540 shares of the company’s stock, valued at $60,810. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.80% of the company’s stock.
Hecla Mining Company Profile
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The company offers lead, zinc, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders.
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