Hecla Mining (NYSE:HL) announced its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01), Briefing.com reports. Hecla Mining had a negative return on equity of 6.02% and a negative net margin of 20.98%. The business had revenue of $161.50 million during the quarter, compared to the consensus estimate of $179.40 million. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. The company’s revenue was up 12.4% compared to the same quarter last year.
HL stock traded up $0.08 during trading on Friday, hitting $2.31. 7,844,255 shares of the stock traded hands, compared to its average volume of 7,279,325. Hecla Mining has a 1 year low of $1.21 and a 1 year high of $3.07. The firm’s 50 day moving average is $2.03 and its two-hundred day moving average is $1.80. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -21.00 and a beta of 0.97. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.23 and a quick ratio of 0.55.
In other news, Director Catherine J. Boggs acquired 40,540 shares of the business’s stock in a transaction that occurred on Friday, August 16th. The shares were bought at an average cost of $1.50 per share, with a total value of $60,810.00. Following the transaction, the director now owns 40,540 shares of the company’s stock, valued at approximately $60,810. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.80% of the company’s stock.
About Hecla Mining
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The company offers lead, zinc, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders.
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