Hecla Mining Company (NYSE:HL) registered a 2.38% increase, still its new closing price is 252.89% up from the company’s 1 year high of 7.64.It posted 1.74% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 10 stock analysts following this company have an average price target at $6.28, with individual PT in the $5.00-$9.00 range. The shares moved at $6.44, implying that brokerage firms see shares gaining about 236.35% in twelve months time.
Hecla Mining Company (HL) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 22.90% rise year to date. A Sr. VP – Exploration at Hecla Mining Company (HL) offloaded shares in a transaction closed on Tuesday December 06, 2016. McDonald Dean WA sold 100,000 shares in the company at $6.28 each and collected $628,000 in proceeds. McDonald Dean WA now owns 295,502 shares in the company after this transaction. A VP & General Counsel in the company, Sienko David C, disclosed a transaction on Friday August 26, 2016 that ended up generating $80,000 from the sale of 13,722 shares at $5.85 per share.
Hecla Mining Company (NYSE:HL) Upcoming Results on Tap
Hecla Mining Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.05 in that period. Sales during the quarter are predicted to arrive at $169.8 million.
Earnings surprise history: Last quarter, the company posted approximately $179.39 million in revenue and EPS of $0.07. The mean forecast was for $163.48 million and $0.06 a share, respectively. One quarter earlier, revenue for the stock was at $171.3 million, with earnings at $0.07/share.
Hecla Mining Company (HL) Brokerage Update
Hecla Mining Company (HL) is in JP Morgan’s research list so their analyst rating change is noteworthy. These shares were upgraded to Overweight from Neutral by JP Morgan, according to news reported on Tuesday August 09, 2016.Another important research note was issued by CIBC on Friday April 08, 2016.The firm downgraded HL to Sector Perform from Sector Outperform. Over the last six months and over the last three months, the shares of Hecla Mining Company (HL), have changed -2.34% and 10.90%, respectively.