News stories about Hecla Mining Company (NYSE:HL) have trended somewhat negative recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hecla Mining Company earned a media sentiment score of -0.08 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 68 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Hecla Mining Company (HL) and Knight Transportation, Inc. (KNX) Eye Catching Move in Focus – Investing News Update (investingbizz.com)
- Worthy Stock in the Spotlight: Hecla Mining Company (HL) – Post Registrar (postregistrar.com)
- Silver Futures and Hecla Mining (HL) – Wolfe Wave Pattern (insidefutures.com)
- Clinton Group Inc. Has $677000 Stake in Hecla Mining Company (NYSE:HL) (cote-ivoire.com)
- Hecla Mining Company (HL) Where Moving Ahead? (bulhufas.com)
Shares of Hecla Mining Company (NYSE HL) traded up 2.12% during mid-day trading on Wednesday, hitting $5.29. The company had a trading volume of 369,813 shares. The firm’s 50 day moving average is $5.62 and its 200-day moving average is $5.64. The firm has a market cap of $2.09 billion, a PE ratio of 21.42 and a beta of 0.43. Hecla Mining Company has a 12-month low of $4.61 and a 12-month high of $7.64.
Hecla Mining Company (NYSE:HL) last issued its quarterly earnings data on Monday, May 8th. The basic materials company reported $0.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.01. The business had revenue of $142.50 million for the quarter, compared to the consensus estimate of $160.24 million. Hecla Mining Company had a return on equity of 5.45% and a net margin of 14.75%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.02 EPS. On average, equities analysts expect that Hecla Mining Company will post $0.14 EPS for the current year.
HL has been the topic of a number of research reports. HC Wainwright restated a “buy” rating and issued a $8.00 price objective on shares of Hecla Mining Company in a report on Sunday, June 25th. BidaskClub lowered shares of Hecla Mining Company from a “hold” rating to a “sell” rating in a report on Friday, June 16th. Royal Bank Of Canada set a $6.00 target price on Hecla Mining Company and gave the company a “hold” rating in a research report on Monday, April 24th. TheStreet raised Hecla Mining Company from a “c+” rating to a “b” rating in a research report on Monday, June 12th. Finally, Zacks Investment Research downgraded Hecla Mining Company from a “hold” rating to a “sell” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $6.75.
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In other Hecla Mining Company news, Director Anthony P. Taylor sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 13th. The shares were sold at an average price of $6.09, for a total transaction of $182,700.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.80% of the company’s stock.
About Hecla Mining Company
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company and its subsidiaries provide precious and base metals to the United States and around the world. It produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars (dore) containing gold and silver.
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