HL Stock Summary and Trading Ideas (Hecla Mining Company | NYSE:HL)

Hecla Mining Co produces and explores silver, gold, zinc and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada , United States and Mexico and it derives a majority of its revenue from United States.

Hecla Mining Company trades on the NYSE stock market under the symbol HL.

As of April 25, 2024, HL stock price declined to $5.05 with 20,880,865 million shares trading.

HL has a beta of 1.23, meaning it tends to be more sensitive to market movements. HL has a correlation of 0.09 to the broad based SPY ETF.

HL has a market cap of $3.16 billion. This is considered a Mid Cap stock.

Last quarter Hecla Mining Company reported $161 million in Revenue and -$.04 earnings per share. This beat revenue expectation by $9 million and missed earnings estimates by -$.02.

In the last 3 years, HL stock traded as high as $9.44 and as low as $3.33.

The top ETF exchange traded funds that HL belongs to (by Net Assets): GDX, GDXJ, VTI, XME, IWM.

HL has underperformed the market in the last year with a price return of -17.6% while the SPY ETF gained +23.6%. However, in the short term, HL had mixed performance relative to the market. It has outperformed in the last 3 months, returning +28.7% vs +4.1% return in SPY. But in the last 2 weeks, HL shares have been beat by the market, returning -8.2% compared to an SPY return of -2.1%.

HL support price is $5.00 and resistance is $5.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HL stock will trade within this expected range on the day.