
Hecla Mining Company (NYSE:HL – Free Report) – Scotiabank issued their FY2026 earnings per share estimates for shares of Hecla Mining in a report released on Wednesday, July 15th. Scotiabank analyst E. Winmill anticipates that the basic materials company will earn $0.47 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $21.00 target price on the stock. The consensus estimate for Hecla Mining’s current full-year earnings is $0.47 per share. Scotiabank also issued estimates for Hecla Mining’s FY2027 earnings at $0.89 EPS.
Hecla Mining (NYSE:HL – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.03). The company had revenue of $411.43 million during the quarter, compared to the consensus estimate of $407.63 million. Hecla Mining had a return on equity of 16.89% and a net margin of 17.41%.The firm’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.04 EPS.
Read Our Latest Stock Report on Hecla Mining
Hecla Mining Trading Up 7.0%
NYSE HL opened at $15.29 on Monday. The company has a market capitalization of $10.26 billion, a price-to-earnings ratio of 37.30 and a beta of 1.29. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.94 and a quick ratio of 4.53. Hecla Mining has a 12 month low of $5.62 and a 12 month high of $34.17. The company’s fifty day moving average price is $16.15 and its two-hundred day moving average price is $19.56.
Hecla Mining Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.0038 per share. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, May 22nd. Hecla Mining’s dividend payout ratio is 2.44%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership grew its position in shares of Hecla Mining by 86.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 12,715,100 shares of the basic materials company’s stock valued at $244,003,000 after buying an additional 5,906,313 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Hecla Mining by 40.6% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock worth $102,144,000 after acquiring an additional 4,928,130 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in Hecla Mining in the fourth quarter valued at approximately $88,417,000. State Street Corp boosted its stake in Hecla Mining by 14.8% in the third quarter. State Street Corp now owns 34,485,817 shares of the basic materials company’s stock valued at $417,278,000 after acquiring an additional 4,453,706 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of Hecla Mining during the first quarter valued at approximately $72,659,000. 63.01% of the stock is owned by institutional investors and hedge funds.
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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