News stories about Hecla Mining (NYSE:HL) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hecla Mining earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 44.9555797263361 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Hecla Mining (HL) Price Target Lowered to $4.00 at BMO Capital Markets (americanbankingnews.com)
- Hecla Mining Company (HL) Stock to Monitor – The Stocks News (press release) (thestocksnews.com)
- Watching the Signals on Shares of Hecla Mining Company (HL) – Aldan Post (aldanpost.com)
- Insider Buying Alerted Me to These Small-Caps (realmoneypro.thestreet.com)
- Hecla Mining (HL) Cut to Sell at Zacks Investment Research (americanbankingnews.com)
Several equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of Hecla Mining from a “hold” rating to a “sell” rating in a research note on Thursday. Royal Bank of Canada set a $5.00 price objective on shares of Hecla Mining and gave the stock a “hold” rating in a research note on Tuesday, March 20th. HC Wainwright dropped their price objective on shares of Hecla Mining to $7.50 and set a “buy” rating on the stock in a research note on Tuesday, March 20th. BMO Capital Markets dropped their price objective on shares of Hecla Mining from $4.50 to $4.00 and set a “hold” rating on the stock in a research note on Tuesday, March 20th. Finally, ValuEngine cut shares of Hecla Mining from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $5.14.
Hecla Mining (NYSE:HL) last issued its earnings results on Thursday, February 15th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $160.10 million during the quarter, compared to analysts’ expectations of $156.85 million. Hecla Mining had a negative net margin of 4.07% and a positive return on equity of 2.17%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 earnings per share. sell-side analysts predict that Hecla Mining will post 0.02 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Tuesday, March 6th were issued a $0.0025 dividend. The ex-dividend date was Monday, March 5th. This represents a $0.01 annualized dividend and a yield of 0.27%. Hecla Mining’s dividend payout ratio (DPR) is presently -16.67%.
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About Hecla Mining
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal deposits worldwide. The company offers zinc, lead, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders.
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