$0.02 EPS Expected for Hecla Mining Company (HL)

November 4, 2017 - By Dolores Ford


Investors sentiment increased to 1.34 in Q2 2017. Its up 0.40, from 0.94 in 2017Q1. It increased, as 26 investors sold Hecla Mining Company shares while 44 reduced holdings. 26 funds opened positions while 68 raised stakes. 220.08 million shares or 1.03% less from 222.37 million shares in 2017Q1 were reported.
Old Mutual Glob Investors (Uk) Limited holds 1.50 million shares. Td Cap Management Ltd holds 0% or 101 shares in its portfolio. 6.98 million are held by State Of New Jersey Common Pension Fund D. New Jersey Better Educational Savings Trust stated it has 80,000 shares. Credit Suisse Ag has invested 0.01% in Hecla Mining Company (NYSE:HL). Point72 Asia (Hong Kong) Ltd stated it has 0.07% of its portfolio in Hecla Mining Company (NYSE:HL). Capstone Inv Advisors Limited Liability Company stated it has 0.01% of its portfolio in Hecla Mining Company (NYSE:HL). 38.11M are held by Van Eck Assoc. Wellington Gp Ltd Liability Partnership reported 207,019 shares. The United Kingdom-based Barclays Public Ltd Liability Corporation has invested 0% in Hecla Mining Company (NYSE:HL). Fruth Inv Mgmt has invested 0.03% in Hecla Mining Company (NYSE:HL). Cibc Asset Management has invested 0% in Hecla Mining Company (NYSE:HL). Lombard Odier Asset (Europe) Limited owns 0% invested in Hecla Mining Company (NYSE:HL) for 10,452 shares. Us Comml Bank De owns 10,522 shares. Pacad Invest Limited owns 27,500 shares.

Wall Street await Hecla Mining Company (NYSE:HL) to release earnings on November, 14. Analysts forecast EPS of $0.02, down exactly $0.05 or 71.43 % from 2014’s $0.07 EPS. The expected HL’s profit could reach $8.00M giving the stock 55.63 P/E in the case that $0.02 earnings per share is reported. After posting $-0.04 EPS for the previous quarter, Hecla Mining Company’s analysts now forecast -150.00 % EPS growth. The stock decreased 2.84% or $0.13 on November 3, reaching $4.45. About 4.13M shares traded or 18.68% up from the average. Hecla Mining Company (NYSE:HL) has risen 41.69% since November 4, 2016 and is uptrending. It has outperformed by 24.99% the S&P500.

Hecla Mining Company (NYSE:HL) Ratings Coverage

Among 13 analysts covering Hecla Mining Company (NYSE:HL), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Hecla Mining Company had 42 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of Hecla Mining Company (NYSE:HL) has “Buy” rating given on Wednesday, October 21 by TH Capital. RBC Capital Markets maintained it with “Sector Perform” rating and $2.75 target in Thursday, September 17 report. As per Tuesday, September 12, the company rating was maintained by RBC Capital Markets. Zacks downgraded Hecla Mining Company (NYSE:HL) on Monday, September 7 to “Strong Sell” rating. Rodman & Renshaw initiated the stock with “Buy” rating in Tuesday, September 6 report. As per Monday, September 21, the company rating was upgraded by Zacks. The company was maintained on Wednesday, October 21 by Roth Capital. The firm has “Market Perform” rating given on Tuesday, August 23 by BMO Capital Markets. The stock of Hecla Mining Company (NYSE:HL) has “Underperform” rating given on Monday, April 11 by Scotia Capital. As per Friday, November 3, the company rating was maintained by H.C. Wainwright.

Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The company has market cap of $1.78 billion. The Firm and its subsidiaries provide precious and base metals to the United States and around the world. It has a 36.36 P/E ratio. It produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars containing gold and silver.

More recent Hecla Mining Company (NYSE:HL) news were published by: Fool.com which released: “Better Buy: Freeport-McMoRan Inc. vs. Hecla Mining Company” on October 26, 2017. Also Nasdaq.com published the news titled: “Hecla Mining Posts Preliminary Results on 3rd Quarter Production” on October 16, 2017. Fool.com‘s news article titled: “Is Management Really to Blame for Hecla Mining’s Woes?” with publication date: October 10, 2017 was also an interesting one.

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