Hecla Mining Company Given New $3.75 Price Target at Roth Capital (HL)
Roth Capital raised their price objective on shares of Hecla Mining Company (NYSE:HL) from $3.50 to $3.75 in a research note issued on Friday. Roth Capital’s price target suggests a potential upside of 35.38% from the company’s current price.
A number of other analysts have also recently weighed in on HL. 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, Hecla Mining Company has an average rating of “Hold” and an average target price of $3.42.
Shares of Hecla Mining Company (NYSE:HL) opened at 2.77 on Friday. Hecla Mining Company has a 52 week low of $2.63 and a 52 week high of $3.98. The stock has a 50-day moving average of $3.03 and a 200-day moving average of $3.11. The company’s market cap is $950.5 million.
Hecla Mining Company (NYSE:HL) last announced its earnings results on Monday, May 5th. The company reported $0.01 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.01. The company had revenue of $125.80 million for the quarter, compared to the consensus estimate of $124.20 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s quarterly revenue was up 64.4% on a year-over-year basis. On average, analysts predict that Hecla Mining Company will post $0.01 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, June 5th. Investors 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 0.36%. 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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