Hecla Mining Company Upgraded to Buy at Roth Capital (HL)
Hecla Mining Company (NYSE:HL) was upgraded by equities research analysts at Roth Capital from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Hecla Mining Company from a “sell” rating to a “hold” rating in a research note on Thursday, April 17th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Hecla Mining Company has an average rating of “Hold” and an average price target of $3.83.
Shares of Hecla Mining Company (NYSE:HL) opened at 3.06 on Wednesday. Hecla Mining Company has a 52 week low of $2.63 and a 52 week high of $4.03. The stock’s 50-day moving average is $3.14 and its 200-day moving average is $3.1. The company’s market cap is $1.049 billion.
Hecla Mining Company (NYSE:HL) last announced its earnings results on Monday, May 5th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $125.80 million for the quarter, compared to the consensus estimate of $124.20 million. During the same quarter last year, the company posted $0.01 earnings per share. Hecla Mining Company’s revenue was up 64.4% compared to the same quarter last year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 5th. Shareholders of record on Wednesday, May 28th will be given a dividend of $0.0025 per share. This represents a $0.01 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend is Friday, May 23rd.
Hecla Mining Company is engaged in discovering, acquiring, developing, producing, and marketing silver, gold, lead and zinc.
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