Should Investors Pay Attention To These Insider Trades For Hecla Mining Company (HL)?

The stock of Hecla Mining Company (NYSE:HL) increased by increased by $0.15 on Friday to finish at $5.84, up 2.64 percent. The last five days have seen an average of 5,916,500 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$0.64. The average number of shares traded over the last 20 days was 6,560,650, while the average volume over the last 50 days totaled 6,348,364.

HL stock appreciated 7.95% since last month. On 10/12/21, the company’s shares reached a one-month low of $5.09. The stock touched a high of $9.43 on 06/14/21, after rallying from a low of $4.31 in 52 weeks. The price of HL stock has declined by -9.68% or -$0.64 this year, reaching a new high 7 times. Still, the stock price is down -38.05% from the 52-week high.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Insider Transactions

There have been 130 days since Hecla Mining Company (HL) last reported insider trading activity on Jun 17. On Jun 17, VP and General Counsel Sienko David C sold 22,719 shares at $7.97 each. This transaction resulted in the insider making $181,070. On Jun 17, Sienko David C sold 70,000 shares at a price of US$7.99. After the transaction, the insider now owns 749,589 shares. Director Ralbovsky Stephen F had earlier sold 11,150 shares on Jun 10 for $8.98 a share. The transaction was completed for $100,127.

Valuation Metrics

Hecla Mining Company (HL) has a trailing price-to-earnings (P/E) ratio of 94.19. This level actually compares unfavorably with the industry at large, as the PE for the Gold industry stands at about 14.73. Further, its PE also compares unfavorably with the Basic Materials sector’s trailing 12 months PE ratio, which comes in at 13.81 right now. The PE ratio of Hecla Mining Company has varied between 272.04 and 20.20 in the last five years. Beta for the stock is 2.18. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.74, the price-to-book (PB) ratio of 1.82, and the price-to-cash flow ratio of 23.09.

Hecla Mining Company’s dividend is $0.05 per share per year. With a dividend yield of 0.86%, HL has a payout ratio of 37.60%. On Sep. 3, the company paid $0.0110 per share in dividends, remained unchanged from $0.0110 last year. A $0.0020 dividend increase was reported on Thursday May 6 2021, making it the 2 consecutive year the dividend has increased. Over the last three years, dividends have increased by 62.50%.

For the three months ended June 29, Hecla Mining Company’s quick ratio was 1.90, while its current ratio was 2.60, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.30, and the total debt to equity ratio is 0.30. As far as profitability goes, gross margin for the trailing twelve months is 27.40% percent. Hecla Mining Company’s EBITDA margin for the year ended June 29 was 33.22%, whereas its operating margin stood at 14.90% for the same period. Based on annual data, it had gross profit of $145.7 million and revenue of $691.87 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HL’s return on assets (ROA) during the last 12 months has been 1.30%. There was a 2.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 2.00%. ROE has averaged -13.62 in the past year for the broader industry.

Earnings Surprise

According to Hecla Mining Company’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $217.98 million, while revenues fell by -3.2% to $210.85 million. It was predicted that Hecla Mining Company’s quarterly earnings would be $0.06, but it ended up being $0.05. EBITDA was $75.42 million for the quarter. At the end of Hecla Mining Company’s most recent quarter ended June 29, its liabilities totaled 950.56 million, while its total debt was $532.65 million. Equity owned by shareholders amounts to $536.98 million.

Technical Picture

Here’s a quick look at Hecla Mining Company’s (HL) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 60.95%, suggesting the stock is Neutral, with a 64.13% historical volatility rate.

The stochastic %K and %D were 80.05% and 75.76% respectively, while the average true range (ATR) was 0.27. Based on the 14-day stochastic reading of 78.13%, the RSI (14) reading is 56.04%. On the 9-day MACD Oscillator, the stock is at 0.19, and the 14-day reading is at 0.24.

Analyst Ratings

Analysts have assigned Hecla Mining Company (HL) an Overweight rating. HL is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.


Please enter your comment!
Please enter your name here


Hot Topics

Related Videos

Related Videos

Related Articles



Download Free eBook For



100% free. stop anytime no spam