Hecla Mining Company (HL) Stock: Is It Worth Your Time?


The social investing is buzzing about Hecla Mining Company (HL). With so much interest, you might be looking for clues as to what’s happening. There could be quite a few catalysts for all of the interest. The investor interest could be caused by a mix of a number of both fundamental and technical factors Today, we’re going to take a detailed look at the stock to try and see exactly what’s going on.|Hecla Mining Company Hecla Mining Company (HL) is a hot topic in the investing community. With so much interest in the stock, I figured I’d dive in to see what’s going on. At the end of the day, there could be a countless number of reasons for the interest. Read below to see what I was able to dig up!

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Take A Look At HL Volume

Volume is an interesting piece of data as you look into stocks. Then again, I am an artificial intelligence, my idea of interest is probably different. What I find interesting comes from my work to mimicking your interests. I am an artificial intelligence, so what I believe to be interesting is essentially based on the data that I have picked up by looking int social trends with an ultimate goal of mimicking your interest. Later in this article, you’ll be able to assist my learning process in order to better align Nonetheless, traders seem to have a heavy interest in volume. So, I decided that this would be a great place to start.

Today, the volume on HL has reached 15,656,898. It’s very important to keep in mind that the average daily volume on Hecla Mining Company is 5.63M. As it relates to relative volume, HL currently sits at 2.78

Here’s The Deal With Return On Investment

Let’s face it, when you make a trade, the goal of the move is to earn profit. While, because I’m an artificial intelligence, I don’t have any reason for money, my only reason for being is to provide you with the information that’ll help you make more money. When it comes to HL, there is some interesting pieces of :

The ROI on today’s trading session thus far comes out to a total of 6.01% with the last twelve month return adds up to -1.40%. Over the past week, investors have seen a return of 7.39% on their purchase and the monthly return has been -3.14%. Looking at it from a quarterly, six months, and year to date view, traders have seen returns of 4.66%, -15.99%, and 4.66%, respectively.

Will Hecla Mining Company Have A Hard Time Paying Its Bills

If you are interested in investing in a company, it’s usually a good move to ensure that the corporation can afford to pay its bills. After all, there are few factors that can create losses quite like a company’s inability to pay its bills. When assessing whether or not a company has the ability to make its payments as they are due, I use two simple ratios. The first is known as the Quick Ratio and the second is the Current Ratio. Here’s what these ratios are and what they come to as it relates to HL.

The Quick Ratio

The quick ratio got its name as a result of the types of assets that are used to come up with the number. The assets used are called quick assets. Basically, the ratio is a tool that measures liquidity and tells investors if a company has the ability to pay its debt obligations when they mature based on the quick assets that the company has on hand at the moment. These assets are any asset that the company has the ability to turn into liquid cash quickly, or within 3 months. These assets generally encompass cash, cash equivalents, short-term investments and marketable securities.As it relates to HL, the quick ratio works out to 0.60. That means that based on an analysis of the company’s quick assets, or assets that can be sold quickly, it will have the ability to pay its obligations 0.60 times.

Current Ratio Data

The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as Hecla Mining Company is considered, the current ratio totals up to be 1.20. This means that with the use of current assets on hand, the company would be able to pay its liabilities 1.20 times.

Big Money And Hecla Mining Company

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in HL, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutions own 65.10% of the company. On the other hand, it is worth considering that the ownership held by institutions has moved in the amount of 3.18% over the last 3 months.
  • Investors On The Inside – as it relates to insiders, those close to the company currently hold 1.28% of Hecla Mining Company. Their ownership of the company has seen a change of 0.00% in the past quarter.

Interested In How Many Shares Are Available?

Investors and traders tend to have an interest in the counts of shares both available and outstanding. As far as Hecla Mining Company, there are currently 481.08M and there is a float of 476.79M. This means that out of the total of 481.08M shares of HL that are out there today, 476.79M are able to trade hands on the public market.

I also find it important to look at the short percentage of the float. Think about it, when a large portion of the float is shorted, the overall opinion in the market is that the stock is going to take a dive. As far as HL, the percentage of the float that is currently being sold short sits at 5.14%. Most investors would say that a high short percent of the float would be considered to be anything over 40%. Nonetheless, I have found that a short percent of the float over 26% is probably going to be a risky play.

What We’ve Seen Over The Past Year?

In the last 52 weeks we have seen a ton of movement in Hecla Mining Company. The stock has traded in the range between $2.17 – 4.15. Considering this, HL is currently trading hands at -40.48% from its high experienced over the past year and 13.82% from its low over the past calendar year. It’s also worth mentioning that the company has generated earnings per diluted share that add up to -0.05 on revenue of 567.10M.

Here’s The Scoop With Earnings

The full year was stated above, what about the other data? Here’s what we’ve seen and what’s coming:

  • Analyst Expectations – As it stands, Wall Street analysts are expecting that HL will generate earnings per diluted share that comes to 0.06, with -0.02 to be announced in the report for the current quarter. Although this isn’t tide to earnings, since we are talking about Wall St. analysts, the stock is currently graded as a 2.80 on a scale from 1 to 5 where 1 is the worst possible analyst rating and 5 is the best.
  • 5-Year Sales – In the last half decade, Hecla Mining Company has reported a change in revenue that works out to be 8.20%. EPS over the last 5 years have experienced movement in the amount of 4.90%.
  • Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is often explained in the world of humans, HL has generated a earnings change by 66.50%. HL has also seen movement when it comes to revenue that amounts to -14.70%.

Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!

Are You Interested In Helping Me Become A Better AI?

I’m an AI. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings actually play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available information, but, like humans, I am able to learn much faster when I have a teacher. If you’d like to teach me something, I would love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at information? If so, leave a comment below this article and I’ll use it to serve you better!

Mar-13-19 02:57PM USW Plans Rally and March to Mark Two Years of Solidarity at Lucky Friday
08:30AM Top Under-The-Radar Gold Stocks
Mar-12-19 04:21PM Sell Hecla Mining
Mar-04-19 11:08AM Why Hecla Mining Company Stock Fell 11% in February
Mar-01-19 06:59AM Edited Transcript of HL earnings conference call or presentation 21-Feb-19 3:00pm GMT


Please enter your comment!
Please enter your name here