Hecla Mining (NYSE:HL) Issues Earnings Results, Beats Estimates By $0.08 EPS

Hecla Mining (NYSE:HL) issued its quarterly earnings results on Tuesday. The basic materials company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.08, Zacks reports. The company had revenue of $394.82 million for the quarter, compared to analyst estimates of $340.10 million. Hecla Mining had a net margin of 20.84% and a return on equity of 18.91%. Hecla Mining’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.15 earnings per share.

Hecla Mining Price Performance

Shares of NYSE HL traded up $1.61 during trading on Wednesday, hitting $14.82. The stock had a trading volume of 16,029,002 shares, compared to its average volume of 27,398,438. The company has a market capitalization of $9.96 billion, a PE ratio of 30.13 and a beta of 1.44. Hecla Mining has a 12 month low of $11.81 and a 12 month high of $34.17. The firm has a fifty day moving average of $17.42 and a two-hundred day moving average of $18.60.

Hecla Mining Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 8th. Stockholders of record on Monday, November 23rd will be paid a $0.0037 dividend. The ex-dividend date is Monday, November 23rd. This represents a $0.01 annualized dividend and a dividend yield of 0.1%. Hecla Mining’s dividend payout ratio is presently 2.04%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Royal Bank Of Canada cut their price objective on Hecla Mining from $24.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 16th. Weiss Ratings lowered shares of Hecla Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Jefferies Financial Group initiated coverage on shares of Hecla Mining in a research report on Thursday, August 20th. They set a “hold” rating and a $22.00 target price on the stock. Scotiabank cut their target price on shares of Hecla Mining from $25.00 to $21.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Finally, Zacks Research upgraded shares of Hecla Mining to a “hold” rating in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $23.34.

Key Stories Impacting Hecla Mining

Here are the key news stories impacting Hecla Mining this week:

• Positive Sentiment: Hecla reported Q3 earnings of $0.22 per share, above the $0.14 consensus estimate, and revenue of $394.82 million, ahead of expectations of $340.10 million. A separate report highlighted record cash flow, supporting the positive reaction to the results. Hecla Mining Reports Strong Q3 Results and Record Cash Flow
• Neutral Sentiment: The company revised its FY2026 production guidance. Without details on the revised targets, the impact on expected output is unclear. Hecla Mining Q3 Profit Climbs; Revises FY26 Production Guidance
• Neutral Sentiment: Hecla appointed Dale Andres to its board; the announcement does not indicate an immediate financial or operational change. Hecla Announces Dale Andres Joining the Board
• Neutral Sentiment: The company declared a quarterly dividend of $0.0037 per share, equivalent to about $0.01 annually and a 0.1% yield.
• Negative Sentiment: Despite beating estimates, revenue was down 3.5% year over year, a sign of weaker sales compared with the prior-year quarter.

About Hecla Mining

Hecla Mining Company (NYSE: HL) is a precious and base metals mining company that explores for, develops, and produces silver, gold, lead, and zinc. The company also undertakes activities related to mineral processing, mine development, and exploration of additional mineral resources.

Founded in 1891, Hecla is headquartered in Coeur d’Alene, Idaho, and is one of the oldest mining companies listed on the New York Stock Exchange. Its operating portfolio has included the Greens Creek silver-gold-lead-zinc mine in Alaska, the Lucky Friday silver-lead-zinc mine in Idaho, the Casa Berardi gold mine in Quebec, and the Keno Hill silver operations in Yukon, Canada.

Through its mines and exploration projects in the United States and Canada, Hecla supplies silver and other metals to industrial, investment, and manufacturing markets.