Hecla Mining Company [HL] stock is down -1.14 while the S&P 500 has fallen -0.1% on Wednesday, 10/21/20. While at the time of this article, HL ATR is sitting at 0.25, with the beta value at 2.26. This stock’s volatility for the past week remained at 4.27%, while it was 4.81% for the past 30-day period. HL has fallen -$0.06 from the previous closing price of $5.25 on volume of 4.01 million shares.

On 8, October 2020, Hecla Reports Third Quarter Production and Cash Position. According to news published on Yahoo Finance, Hecla Mining Company (NYSE:HL) today announced production results and its cash position at the end of the third quarter.

Analyst Birdseye View:

The most recent analyst activity for Hecla Mining Company [NYSE:HL] stock was on July 17, 2020, when it was Upgrade with a Sector perform rating from RBC Capital Mkts, which also raised its 12-month price target on the stock from $2.50 to $4.50. On July 14, 2020, B. Riley FBR Upgrade a Buy rating and boosted its price target on this stock to $5.70. On April 14, 2020, Canaccord Genuity Downgrade a Sell rating. On January 08, 2020, CIBC Upgrade a Neutral rating. On November 08, 2019, BMO Capital Markets Upgrade a Market perform rating. On May 10, 2019, JP Morgan Downgrade a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $1.40 and a peak of $6.79. At the most recent market close, shares of Hecla Mining Company [NYSE:HL] were valued at $5.19.

FUNDAMENTAL ANALYSIS

Hecla Mining Company [NYSE:HL] most recently reported quarterly sales of 166.35 billion, which represented growth of 24.00%. This publicly-traded organization’s revenue is $415,885 per employee, while its income is -$61,379 per employee. This company’s Gross Margin is currently 12.40%, its Operating Margin is -0.40%, its Pretax Margin is -18.33, and its Net Margin is -14.76. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -3.73, -5.89, -2.21 and -4.48 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 23.98 and the whole liability to whole assets at 20.24. It shows enduring liability to the whole principal at 23.48 and enduring liability to assets at 0.20 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.16 points at 1st support level, the second support level is making up to 5.06. But as of 1st resistance point, this stock is sitting at 5.39 and at 5.52 for 2nd resistance point.

Hecla Mining Company [HL] reported its earnings at $0.01 per share in the fiscal quarter closing of 6/29/2020. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.03 calling estimates for -$0.02/share with the difference of -0.01 depicting the surprise of -50.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Hecla Mining Company [NYSE:HL] is 1.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.53. Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.46 and it’s amount to book ratio is 1.05.

Insider Stories

The most recent insider trade was by Rogers Terry V, Director, and it was the sale of 35000.0 shares on Aug 13. Sienko David C, the VP & General Counsel, completed a sale of 75000.0 shares on Aug 13. On Aug 12, Brown Robert Denis, VP – Corporate Development, completed a sale of 0.17 million shares.