Hecla Mining Co (NYSE: HL) has reported E.P.S. of $0.04 for its second fiscal quarter (ending June 30) versus $-0.03 for the same period a year ago. Relative to the consensus estimate of $0.03, this was a premium of $0.01. For the latest four quarters through June 30, E.P.S. were $-0.07 compared to $-0.08 a year ago.
Recent Price Action
On 8/6/24, Hecla Mining Co (NYSE: HL) stock enjoyed a large increase of 2.3%, closing at $4.85. Trading volume in this advance was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -13.4% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HL is expected to continue to be a modest Value Builder.
Hecla Mining has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hecla Mining has a slightly negative Appreciation Score of 40 but a very high Power Rating of 90, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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