A new trading day began on May 19, 2023, with Hecla Mining Company (NYSE: HL) stock priced at $5.33, up 0.95% from the previous day of trading. During the day, the shares moved up to $5.43 and dropped to $5.275 before settling in for the closing price of $5.28. HL’s price has ranged from $3.41 to $7.00 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 4.50%. Meanwhile, its annual earnings per share averaged -206.70%. With a float of $562.56 million, this company’s outstanding shares have now reached $600.08 million.
Considering the fact that the conglomerate employs 1850 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +8.74, operating margin of +0.71, and the pretax margin is -6.30.
Hecla Mining Company (HL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Precious Metals & Mining Industry. The insider ownership of Hecla Mining Company is 1.30%, while institutional ownership is 58.80%.
Hecla Mining Company (HL) Earnings and Forecasts
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0.01 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -5.24 while generating a return on equity of -2.00. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -206.70% per share during the next fiscal year.
Hecla Mining Company (NYSE: HL) Trading Performance Indicators
Here are Hecla Mining Company’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.14 in one year’s time.
Technical Analysis of Hecla Mining Company (HL)
Compared to the last year’s volume of 8.39 million, its volume of 5.65 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.18%. Additionally, its Average True Range was 0.23.
During the past 100 days, Hecla Mining Company’s (HL) raw stochastic average was set at 22.14%, which indicates a significant increase from 13.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.86% in the past 14 days, which was higher than the 42.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.99, while its 200-day Moving Average is $5.22. Nevertheless, the first resistance level for the watch stands at $5.41 in the near term. At $5.50, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.57. If the price goes on to break the first support level at $5.26, it is likely to go to the next support level at $5.19. Should the price break the second support level, the third support level stands at $5.11.
Hecla Mining Company (NYSE: HL) Key Stats
With a market capitalization of 3.23 billion, the company has a total of 612,637K Shares Outstanding. Currently, annual sales are 718,910 K while annual income is -37,350 K. The company’s previous quarter sales were 199,500 K while its latest quarter income was -3,170 K.
