Hecla Mining (NYSE:HL) – Research analysts at B. Riley issued their Q1 2018 earnings per share estimates for shares of Hecla Mining in a report released on Thursday, April 12th. B. Riley analyst L. Pipes anticipates that the basic materials company will post earnings per share of $0.01 for the quarter.
Hecla Mining (NYSE:HL) last issued its earnings results on Thursday, February 15th. The basic materials company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Hecla Mining had a negative net margin of 4.07% and a positive return on equity of 2.17%. The company had revenue of $160.10 million for the quarter, compared to the consensus estimate of $156.85 million. During the same quarter in the previous year, the company earned $0.03 EPS. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year.
Shares of NYSE:HL opened at $3.65 on Monday. Hecla Mining has a 52 week low of $3.25 and a 52 week high of $6.16. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.37 and a current ratio of 2.86. The firm has a market capitalization of $1,501.73, a PE ratio of 36.50, a PEG ratio of 112.80 and a beta of 0.38.
Hedge funds and other institutional investors have recently modified their holdings of the stock. First Allied Advisory Services Inc. bought a new stake in Hecla Mining during the 4th quarter worth about $108,000. Stone Ridge Asset Management LLC bought a new stake in Hecla Mining during the 4th quarter worth about $146,000. Xact Kapitalforvaltning AB bought a new stake in Hecla Mining during the 4th quarter worth about $180,000. Two Sigma Investments LP bought a new stake in Hecla Mining during the 4th quarter worth about $192,000. Finally, Two Sigma Advisers LP bought a new stake in Hecla Mining during the 4th quarter worth about $192,000. Institutional investors and hedge funds own 59.93% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This report was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://www.chaffeybreeze.com/2018/04/17/research-analysts-set-expectations-for-hecla-minings-q1-2018-earnings-hl.html.
About Hecla Mining
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal deposits worldwide. The company offers zinc, lead, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders.
Receive News & Ratings for Hecla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hecla Mining and related companies with MarketBeat.com's FREE daily email newsletter.