HC Wainwright Increases Earnings Estimates for Hecla Mining

Hecla Mining Company (NYSE:HL) – Equities researchers at HC Wainwright lifted their FY2025 earnings per share estimates for shares of Hecla Mining in a report released on Thursday, November 6th. HC Wainwright analyst H. Ihle now forecasts that the basic materials company will post earnings of $0.34 per share for the year, up from their previous forecast of $0.24. HC Wainwright currently has a “Buy” rating and a $16.50 target price on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.21 per share. HC Wainwright also issued estimates for Hecla Mining’s FY2026 earnings at $0.51 EPS.

A number of other equities analysts have also weighed in on the company. Roth Capital set a $8.75 target price on Hecla Mining and gave the stock a “sell” rating in a research report on Friday, October 3rd. Wall Street Zen raised shares of Hecla Mining from a “hold” rating to a “buy” rating in a report on Sunday, November 2nd. BMO Capital Markets lifted their target price on shares of Hecla Mining from $6.00 to $6.50 and gave the stock a “market perform” rating in a research report on Thursday, August 7th. CIBC upped their price objective on Hecla Mining from $12.50 to $15.00 and gave the company a “neutral” rating in a research report on Friday, October 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hecla Mining in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.32.

Hecla Mining Stock Up 12.0%

HL stock opened at $13.57 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.67 and a quick ratio of 1.99. Hecla Mining has a 1-year low of $4.46 and a 1-year high of $15.44. The stock has a market capitalization of $9.09 billion, a P/E ratio of 84.79 and a beta of 1.29. The business has a fifty day moving average price of $11.85 and a 200-day moving average price of $8.06.

Hecla Mining (NYSE:HL) last issued its earnings results on Wednesday, November 5th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $409.54 million for the quarter, compared to the consensus estimate of $315.60 million. Hecla Mining had a net margin of 9.55% and a return on equity of 5.51%. The business’s revenue was up 67.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.03 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Transce3nd LLC purchased a new stake in Hecla Mining in the 2nd quarter worth $25,000. USA Financial Formulas purchased a new position in shares of Hecla Mining in the third quarter valued at about $25,000. UMB Bank n.a. boosted its stake in shares of Hecla Mining by 2,390.0% in the third quarter. UMB Bank n.a. now owns 2,490 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 2,390 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Hecla Mining during the first quarter worth about $31,000. Finally, EverSource Wealth Advisors LLC raised its stake in Hecla Mining by 255.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,156 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 4,425 shares during the period. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Insider Activity

In related news, VP Stuart Maurice Absolom sold 14,472 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $11.29, for a total value of $163,388.88. Following the completion of the sale, the vice president directly owned 73,200 shares of the company’s stock, valued at approximately $826,428. This represents a 16.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.62% of the company’s stock.

Hecla Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Stockholders of record on Monday, November 24th will be given a dividend of $0.0038 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, November 24th. Hecla Mining’s payout ratio is presently 3.23%.

About Hecla Mining

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.