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Hecla Mining Company (NYSE:HL): Check on Price Target

Hecla Mining Company (NYSE:HL) shares traded 2.44% during the most recent session the stock exchanged hands 7.58M shares versus average trading capacity of 6.50M shares, yielding a market cap of $2.21B. Wall Street analysts covering the stock are projecting that the stock will reach $6.55 within the next 52-weeks. The mean target projections are based on 10 opinions, the mean target was last revised on 04/24/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Hecla Mining Company (NYSE:HL) high price target of $9.00 and with a conservative view have low price target of $5.50 with a standard deviation of $1.57. If seeing target price from optimistic overview then it has a 65 percent upside potential from the latest closing price of $5.45.

Hecla Mining Company (NYSE:HL) received “Initiated” rating by Rodman & Renshaw in a research note issued to investors on Sep-06-16 as Buy at $9.

Additionally on Aug-09-16 Hecla Mining Company (NYSE:HL) was “Upgraded” by JP Morgan from Neutral  to Overweight and on Aug-09-16 the stock was “Reiterated” by FBR Capital as Mkt Perform from $5 to $6. Furthermore on Aug-09-16 the stock was “Reiterated” by Deutsche Bank as Hold from $4.20 to $5.50.

On the other hand the company has Relative Strength Index (RSI 14) of 48.91 along with Average True Range (ATR 14) of 0.21, Consequently Hecla Mining Company (NYSE:HL) weekly and monthly volatility is 4.44%, 3.66% respectively. The company’s beta value is at 0.44.

In terms of Buy, Sell or Hold recommendations, Hecla Mining Company (NYSE:HL) has analysts’ mean recommendation of 2.90. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Hecla Mining Company (NYSE:HL) will report earnings of $0.03 for the current quarter on or around 5/8/2017 Before Market Open, however the company’s high EPS estimates are $0.04 and low estimates are $0.01. However the company reported $0.02 earnings per share for the same quarter during last year.

Previously Hecla Mining Company (NYSE:HL) reported $0.03 earnings per share (EPS) for the quarter on 2/23/2017 Before Market Open, missing the consensus estimate of $0.05 by -$0.02. The company posted an earnings surprise of -40.00%.

While considering growth estimates of the company, it has next quarter growth estimates of -57.10% whereas during current quarter it has 50.00% estimations over growth, comparing to the estimations 18.80% for next year. Past 5 years growth of Hecla Mining Company (NYSE:HL) observed at 6.36%, looking forward for the next 5 years it has a strong prediction of -33.35% over growth.

Hecla Mining Company (NYSE:HL) revenue estimates for the current quarter are $169.16M according to 4 number of analysts, for the current quarter the company has high revenue estimates of $182.7M in contradiction of low revenue estimates of $163.77M. For the current year the company’s revenue estimates are $675.04M compared to low analyst estimates of $617.35M and high estimates of $778M according 9 number of analysts.

Currently Hecla Mining Company (NYSE:HL) shares owned by insiders are 1.20%, whereas shares owned by institutional owners are 58.60%. However the six-month change in the insider ownership was recorded -2.68%, as well as three-month change in the institutional ownership was recorded -0.23%.

Hecla Mining Company (NYSE:HL) trading -28.59% away from its 52 week high of $7.63 and +42.50% far from the stock’s low point over the past 52 weeks, which was $3.82. The stock hit its 52-week high on 11/09/16, and 52-week low on 05/25/16. The company’s trailing twelve month income is 69.00M dollars and is paying 0.18% dividend yield annually.

Hecla Mining Company (NYSE:HL) trailing twelve month revenues are $646.00M, whereas its price to sales ratio for the same period is 3.32. Its book value per share for the most recent quarter is $3.74 while its price to book ratio for the same period is 1.46, as for as the company’s cash per share for the most recent quarter is $0.51, however its price to cash per share ratio for the same period is 10.77. The stock has a current PEG ratio of -1.00 where as its trailing twelve month P/E ratio is 30.97.

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