Hecla Mining FY2025 EPS Forecast Boosted by Roth Capital

Hecla Mining (NYSE:HL) – Research analysts at Roth Capital lifted their FY2025 earnings per share (EPS) estimates for Hecla Mining in a report released on Monday, November 11th. Roth Capital analyst J. Reagor now forecasts that the basic materials company will earn $0.05 per share for the year, up from their previous estimate of $0.04. The consensus estimate for Hecla Mining’s current full-year earnings is $0.07 per share.

Hecla Mining (NYSE:HL) last released its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $245.09 million during the quarter, compared to the consensus estimate of $232.03 million. Hecla Mining had a positive return on equity of 0.76% and a negative net margin of 2.27%. The firm’s revenue for the quarter was up 34.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.01) EPS.

Several other brokerages also recently issued reports on HL. StockNews.com downgraded shares of Hecla Mining from a “hold” rating to a “sell” rating in a research note on Thursday, October 17th. National Bank Financial downgraded Hecla Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 8th. TD Securities dropped their price target on Hecla Mining from $8.50 to $8.00 and set a “buy” rating on the stock in a research note on Friday, November 8th. HC Wainwright reaffirmed a “buy” rating and set a $10.25 price objective on shares of Hecla Mining in a research report on Thursday, August 8th. Finally, Roth Mkm dropped their price objective on shares of Hecla Mining from $6.25 to $6.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Hecla Mining currently has an average rating of “Moderate Buy” and a consensus price target of $7.94.

Hecla Mining Stock Performance

Shares of HL stock opened at $5.46 on Tuesday. The stock has a market cap of $3.44 billion, a P/E ratio of -136.50 and a beta of 2.00. The company has a fifty day moving average price of $6.52 and a two-hundred day moving average price of $5.85. Hecla Mining has a one year low of $3.33 and a one year high of $7.68. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.29 and a quick ratio of 0.58.

Hecla Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Thursday, November 21st will be paid a $0.0138 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.06 annualized dividend and a dividend yield of 1.01%. Hecla Mining’s dividend payout ratio (DPR) is presently -125.00%.

Insiders Place Their Bets

In other Hecla Mining news, VP Kurt Allen sold 108,612 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of $6.77, for a total transaction of $735,303.24. Following the transaction, the vice president now owns 173,700 shares in the company, valued at $1,175,949. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Hecla Mining

A number of institutional investors have recently modified their holdings of HL. Continuum Advisory LLC lifted its position in Hecla Mining by 313.6% during the second quarter. Continuum Advisory LLC now owns 6,551 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 4,967 shares during the period. Sound Income Strategies LLC acquired a new position in shares of Hecla Mining in the 3rd quarter valued at approximately $49,000. Innealta Capital LLC acquired a new stake in shares of Hecla Mining during the 2nd quarter worth approximately $41,000. GFG Capital LLC bought a new position in Hecla Mining in the third quarter valued at approximately $67,000. Finally, Ballentine Partners LLC acquired a new position in Hecla Mining during the second quarter valued at approximately $54,000. 63.01% of the stock is currently owned by institutional investors.

Hecla Mining Company Profile

Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold.