A new trading day began on Friday, with Hecla Mining Co. (NYSE: HL) stock price up 0.57% from the previous day of trading, before settling in for the closing price of $5.28. HL’s price has ranged from $3.33 to $6.47 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 5.80% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 340.00%. With a float of $585.37 million, this company’s outstanding shares have now reached $599.08 million.
In an organization with 1775 employees, it is important to assess its efficiency.
Hecla Mining Co. (HL) Insider and Institutional Ownership
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 Co. is 6.36%, while institutional ownership is 60.14%. The most recent insider transaction that took place on Aug 22 ’23, was worth 34,585. In this transaction Director of this company bought 8,500 shares at a rate of $4.07, taking the stock ownership to the 25,773 shares.
Hecla Mining Co. (HL) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 39.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 340.00% per share during the next fiscal year.
Hecla Mining Co. (NYSE: HL) Trading Performance Indicators
Here are Hecla Mining Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.06. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Hecla Mining Co. (HL)
Let’s dig in a bit further. During the last 5-days, its volume was 7.62 million. That was better than the volume of 7.31 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 22.29%. Additionally, its Average True Range was 0.26.
During the past 100 days, Hecla Mining Co.’s (HL) raw stochastic average was set at 77.04%, which indicates a significant increase from 41.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.07% in the past 14 days, which was lower than the 50.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.35, while its 200-day Moving Average is $4.47. However, in the short run, Hecla Mining Co.’s stock first resistance to watch stands at $5.38. Second resistance stands at $5.46. The third major resistance level sits at $5.53. If the price goes on to break the first support level at $5.23, it is likely to go to the next support level at $5.16. The third support level lies at $5.08 if the price breaches the second support level.
Hecla Mining Co. (NYSE: HL) Key Stats
With a market capitalization of 3.32 billion, the company has a total of 616,792K Shares Outstanding. Currently, annual sales are 720,230 K while annual income is -84,220 K. The company’s previous quarter sales were 160,690 K while its latest quarter income was -42,940 K.
