Shares of Hecla Mining (NYSE:HL) have been assigned a consensus rating of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $5.79.

Several research firms have recently weighed in on HL. Zacks Investment Research raised shares of Hecla Mining from a “sell” rating to a “hold” rating in a research note on Thursday. HC Wainwright set a $9.00 price target on shares of Hecla Mining and gave the stock a “buy” rating in a research note on Thursday. ValuEngine downgraded shares of Hecla Mining from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Canaccord Genuity reissued a “buy” rating and issued a $5.00 price target on shares of Hecla Mining in a research note on Monday, January 8th. Finally, Cantor Fitzgerald began coverage on shares of Hecla Mining in a research note on Monday, December 4th. They issued a “buy” rating and a $5.00 price target on the stock.

In other news, CEO Phillips S. Baker, Jr. bought 13,000 shares of Hecla Mining stock in a transaction on Thursday, December 14th. The shares were bought at an average cost of $3.76 per share, with a total value of $48,880.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Theodore Crumley bought 10,000 shares of Hecla Mining stock in a transaction on Thursday, December 7th. The shares were purchased at an average cost of $3.49 per share, for a total transaction of $34,900.00. Following the completion of the purchase, the director now directly owns 126,536 shares of the company’s stock, valued at $441,610.64. The disclosure for this purchase can be found here. 1.50% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. raised its stake in Hecla Mining by 15.6% during the second quarter. Ameriprise Financial Inc. now owns 23,302 shares of the basic materials company’s stock worth $119,000 after purchasing an additional 3,143 shares during the period. First Allied Advisory Services Inc. acquired a new stake in shares of Hecla Mining during the fourth quarter valued at about $108,000. Advisor Group Inc. increased its position in shares of Hecla Mining by 148.1% during the second quarter. Advisor Group Inc. now owns 27,741 shares of the basic materials company’s stock valued at $142,000 after acquiring an additional 16,561 shares during the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Hecla Mining by 5.0% during the second quarter. Ameritas Investment Partners Inc. now owns 34,608 shares of the basic materials company’s stock valued at $177,000 after acquiring an additional 1,643 shares during the last quarter. Finally, Parametrica Management Ltd acquired a new stake in shares of Hecla Mining during the third quarter valued at about $187,000. 60.29% of the stock is currently owned by institutional investors.

Hecla Mining (NYSE HL) opened at $3.59 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.69 and a quick ratio of 2.15. The firm has a market cap of $1,430.00, a PE ratio of 59.83, a PEG ratio of 23.42 and a beta of 0.26. Hecla Mining has a 52 week low of $3.43 and a 52 week high of $6.74.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Tuesday, November 7th. The basic materials company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. The firm had revenue of $140.80 million for the quarter, compared to the consensus estimate of $151.32 million. Hecla Mining had a net margin of 4.21% and a return on equity of 1.89%. The company’s revenue for the quarter was down 21.5% on a year-over-year basis. During the same period last year, the firm posted $0.07 earnings per share. research analysts anticipate that Hecla Mining will post 0.05 EPS for the current year.

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Hecla Mining Company Profile

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.

Analyst Recommendations for Hecla Mining (NYSE:HL)

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