Hecla Mining (NYSE: HL) is expected to announce quarterly revenues of $ 194.62 million

Analysts predict that Hecla Mining (NYSE: HL) will report revenues of $ 194.62 million for the current quarter Zacks. Two analysts have estimated Hecla Mining’s profits. The highest revenue estimate is $ 211.33 million and the lowest is $ 177.90 million. Hecla Mining reported revenue of $ 188.89 million for the same quarter last year, indicating a positive 3% year-over-year growth rate. The company is expected to release its next quarterly results on Thursday, February 17th.

On average, analysts expect Hecla Mining to post total annual sales of $ 827.84 million for the current year, with estimates ranging between $ 800.30 million and $ 849.50 million. For the next year, analysts expect revenues of 917.15 million US dollars, with estimates ranging between 813.20 million US dollars and 999.34 million US dollars. Zacks Investment Research’s Sales Averages are an average based on a survey of research firms that track Hecla Mining.

Hecla Mining (NYSE: HL) last released its quarterly earnings data on Thursday, November 4th. The materials company reported earnings per share ($ 0.20) for the quarter, falling short of analysts’ consensus estimate of $ 0.01 ($ 0.21). Hecla Mining had a net margin of 2.41% and a return on equity of 4.41%. The company had revenue of $ 193.60 million for the quarter, compared to analyst expectations of $ 181.65 million. In the same period last year, the company achieved $ 0.05 EPS. The company’s quarterly sales were 3.1% year-over-year.

Several research analysts recently looked at the company. Cantor Fitzgerald upgraded Hecla Mining from a “hold” rating to a “buy” rating and set a price target of $ 7.00 for the company in a research report dated Wednesday, September 8th. Roth Capital began reporting on Hecla Mining in a research report on Monday, September 27th. They set a “Buy” rating and a target price of $ 7.50 for the company. HC Wainwright lowered its price target for Hecla Mining from $ 7.75 to $ 7.50 and gave the company a Buy recommendation in a research report dated Wednesday October 13th. Finally, Zacks Investment Research Hecla Mining upgraded from a “strong sell” rating to a “hold” rating in a report dated Thursday, November 11th. Three research analysts for stocks have given the stock a hold rating and four have given it a buy rating. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $ 7.64.

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HL opened on Friday at $ 5.07. The company has a market cap of $ 2.73 billion, a P / E of -32.63, a PEG of 47.09, and a beta of 2.17. Hecla Mining has a twelve-month low of $ 4.66 and a twelve-month high of $ 9.44. The company’s 50-day moving average price is $ 5.74 and the 200-day moving average price is $ 6.52. The company has a current metric of 2.46, a quick ratio of 2.00 and debt of 0.30.

The company also recently announced a quarterly dividend, which was paid on Friday, December 3rd. Shareholders of record on Friday November 19th received a dividend of $ 0.0038. This equates to an annualized dividend of $ 0.02 and a yield of 0.30%. The ex-dividend date was Thursday, November 18th. Hecla Mining’s dividend payout ratio (DPR) is -18.75%.

Hedge funds and other institutional investors have recently added or reduced their stake in the company. Blueshift Asset Management LLC increased its position in Hecla Mining by 27.6% in the 2nd quarter. Blueshift Asset Management LLC now owns 300,547 shares in the materials company, valued at $ 2,236,000, after purchasing an additional 64,969 shares last quarter. Charles Schwab Investment Management Inc. increased its stake in Hecla Mining by 0.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,431,658 shares in the materials company valued at $ 32,972,000, after acquiring an additional 21,338 shares last quarter. Invesco Ltd. increased its stake in Hecla Mining by 85.1% in the 2nd quarter. Invesco Ltd. now owns 2,081,834 shares in the basic materials company valued at $ 15,488,000, after acquiring an additional 957,371 shares last quarter. Marshall Wace LLP added a new position at Hecla Mining for $ 4,231,000 in the second quarter. Finally, Metropolitan Life Insurance Co NY increased its stake in Hecla Mining by 100,840.7% in the 2nd quarter. Metropolitan Life Insurance Co NY now owns 136,270 shares in the materials company valued at $ 1,014,000 after acquiring 136,135 shares last quarter. 59.75% of the shares are currently owned by institutional investors and hedge funds.

Hecla Mining company profile

Hecla Mining Co operates as a silver and gold production company. The company produces lead, zinc and bulk concentrates for customs houses and brokers; and develops unrefined precipitates and bars for precious metal dealers. It operates in the following businesses: The Greens Creek, The Lucky Friday, The Casa Berardi, The Nevada Operations, and The San Sebastian.

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Earnings history and estimates for Hecla Mining (NYSE: HL)

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