Samalin Investment Counsel LLC acquired a new position in Hecla Mining Company (NYSE:HL – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,511 shares of the basic materials company’s stock, valued at approximately $236,000.
A number of other institutional investors also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Hecla Mining by 40.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock valued at $102,144,000 after purchasing an additional 4,928,130 shares during the period. Tidal Investments LLC lifted its position in shares of Hecla Mining by 14.7% during the 2nd quarter. Tidal Investments LLC now owns 20,118,397 shares of the basic materials company’s stock valued at $120,509,000 after buying an additional 2,574,855 shares in the last quarter. Balyasny Asset Management L.P. lifted its position in shares of Hecla Mining by 565.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 2,431,420 shares of the basic materials company’s stock valued at $14,564,000 after buying an additional 2,066,310 shares in the last quarter. State Street Corp grew its stake in shares of Hecla Mining by 7.2% during the 2nd quarter. State Street Corp now owns 30,032,111 shares of the basic materials company’s stock valued at $179,892,000 after acquiring an additional 2,029,327 shares during the period. Finally, Man Group plc increased its holdings in Hecla Mining by 73.4% in the 2nd quarter. Man Group plc now owns 3,493,325 shares of the basic materials company’s stock worth $20,925,000 after acquiring an additional 1,479,049 shares in the last quarter. 63.01% of the stock is owned by institutional investors.
Insider Activity at Hecla Mining
In other Hecla Mining news, VP Kurt Allen sold 52,219 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the completion of the transaction, the vice president owned 216,641 shares in the company, valued at $4,746,604.31. This trade represents a 19.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP David C. Sienko sold 207,553 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $19.42, for a total value of $4,030,679.26. Following the sale, the vice president directly owned 906,370 shares in the company, valued at $17,601,705.40. This trade represents a 18.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 426,679 shares of company stock valued at $7,678,773. Insiders own 0.62% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on HL
Key Headlines Impacting Hecla Mining
Here are the key news stories impacting Hecla Mining this week:
- Positive Sentiment: Silver-price driven momentum: coverage of a broad pre-market surge in silver miners highlights that spot silver topped major levels, lifting silver stocks including Hecla; this rally is the immediate catalyst driving buying interest. Silvercorp Metals, Hecla Mining, Other Silver Stocks Surge In Tuesday Pre-Market: What’s Going On?
- Positive Sentiment: Analyst buy-list mentions: HL appears on recent lists of miners to own amid geopolitical risk and precious‑metal strength, which can attract institutional and retail flows into the stock. 6 High-Quality Mining Stocks to Guard Against a World in Chaos
- Positive Sentiment: Zacks bullish on silver names: Zacks includes HL among stocks positioned to benefit if the silver rally continues, reinforcing thematic buying interest tied to metal prices. Silver Rally Isn’t Over Yet: 3 Stocks Investors Should Buy
- Neutral Sentiment: Comparative performance note: Zacks published a sector comparison showing how Hecla stacks up vs. peers this year — useful for relative‑valuation and rotation decisions but not an immediate price driver by itself. Are Basic Materials Stocks Lagging Hecla Mining (HL) This Year?
- Neutral Sentiment: Valuation check after momentum: a Yahoo Finance piece examines Hecla’s valuation following recent gains — this flags that some investors may take profits or reassess position sizing as multiples expand. Hecla Mining (HL) Valuation Check After Strong Recent Share Price Momentum
- Negative Sentiment: Cost pressure caveat: Zacks compares Hecla with First Majestic and notes Hecla’s higher output and cash flow gains but flags rising all‑in sustaining costs as a material headwind to margins and long‑term free cash flow. Hecla Mining vs. First Majestic: Which Silver Mining Stock has Greater Upside?
Hecla Mining Price Performance
Shares of NYSE:HL opened at $28.88 on Thursday. The firm has a market cap of $19.35 billion, a price-to-earnings ratio of 93.16 and a beta of 1.28. The firm has a fifty day moving average price of $19.16 and a 200 day moving average price of $13.09. Hecla Mining Company has a fifty-two week low of $4.46 and a fifty-two week high of $29.33. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.51 and a current ratio of 2.15.
Hecla Mining (NYSE:HL – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. Hecla Mining had a net margin of 16.35% and a return on equity of 7.87%. The company had revenue of $409.54 million for the quarter, compared to the consensus estimate of $315.60 million. During the same period in the previous year, the firm posted $0.03 EPS. Hecla Mining’s revenue for the quarter was up 67.1% compared to the same quarter last year. As a group, sell-side analysts expect that Hecla Mining Company will post 0.21 earnings per share for the current fiscal year.
Hecla Mining Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were given a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, November 24th. Hecla Mining’s payout ratio is currently 3.23%.
Hecla Mining Company Profile
Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.
The company’s principal operations are located in North America and Latin America.
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