Hecla Mining Stock Buy Hold or Sell Recommendation

HL Stock  USD 4.81  0.32  7.13%   
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Hecla Mining is 'Strong Sell'. Macroaxis provides Hecla Mining buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HL positions. The advice algorithm takes into account all of Hecla Mining's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hecla Mining's buy or sell advice are summarized below:
Real Value
3.82
Target Price
6.15
Hype Value
4.81
Market Value
4.81
Naive Value
4.35
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hecla Mining given historical horizon and risk tolerance towards Hecla Mining. When Macroaxis issues a 'buy' or 'sell' recommendation for Hecla Mining, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hecla Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
In addition, we conduct extensive research on individual companies such as Hecla and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hecla Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Execute Hecla Mining Buy or Sell Advice

The Hecla recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hecla Mining. Macroaxis does not own or have any residual interests in Hecla Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hecla Mining's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hecla MiningBuy Hecla Mining
Strong Sell

Market Performance

WeakDetails

Volatility

Relatively riskyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon Hecla Mining has a Mean Deviation of 2.69, Semi Deviation of 3.2, Standard Deviation of 3.38, Variance of 11.42, Downside Variance of 11.21 and Semi Variance of 10.22
We provide advice to complement the regular expert consensus on Hecla Mining. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Hecla Mining is not overpriced, please check out all Hecla Mining fundamentals, including its shares outstanding, gross profit, book value per share, as well as the relationship between the price to earning and cash per share . Given that Hecla Mining has a price to book of 1.43 X, we strongly advise you to confirm Hecla Mining market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hecla Mining Trading Alerts and Improvement Suggestions

Hecla Mining had very high historical volatility over the last 90 days
The company generated the yearly revenue of 720.23 M. Annual Net Loss to common stockholders was (84.22 M) with gross profit of 260.09 M.
About 63.0% of the company shares are owned by institutional investors
On 25th of March 2024 Hecla Mining paid $ 0.0063 per share dividend to its current shareholders
Latest headline from businesswire.com: Disposition of 21318 shares by Aguiar Rodriguez Carlos Roberto of Hecla Mining subject to Rule 16b-3

Hecla Mining Returns Distribution Density

The distribution of Hecla Mining's historical returns is an attempt to chart the uncertainty of Hecla Mining's future price movements. The chart of the probability distribution of Hecla Mining daily returns describes the distribution of returns around its average expected value. We use Hecla Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hecla Mining returns is essential to provide solid investment advice for Hecla Mining.
Mean Return
0.01
Value At Risk
-4.57
Potential Upside
5.62
Standard Deviation
3.38
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hecla Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Hecla Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hecla Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hecla Mining backward and forwards among themselves. Hecla Mining's institutional investor refers to the entity that pools money to purchase Hecla Mining's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bank Of New York Mellon Corp2023-12-31
5.7 M
Goldman Sachs Group Inc2023-12-31
4.3 M
Balyasny Asset Management Llc2023-12-31
4.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.4 M
Jpmorgan Chase & Co2023-12-31
3.4 M
Amvescap Plc.2023-12-31
M
Norges Bank2023-12-31
2.9 M
Frontier Capital Management Co Inc2023-12-31
2.8 M
Sprott Inc.2023-12-31
2.7 M
Vanguard Group Inc2023-12-31
57.9 M
Van Eck Associates Corporation2023-12-31
56.7 M
Note, although Hecla Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hecla Mining Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory16.1M(13.2M)16.9M(18.2M)(24.0M)(22.8M)
Change In Cash35.1M67.4M80.2M(105.2M)1.6M1.6M
Free Cash Flow(555K)89.8M111.3M(59.5M)(148.4M)(141.0M)
Depreciation204.5M164.0M179.2M145.1M163.7M171.9M
Other Non Cash Items33.6M10.2M29.1M30.9M34.5M21.5M
Dividends Paid5.5M9.2M20.7M12.9M(15.7M)(14.9M)
Capital Expenditures121.4M91.0M109.0M149.4M223.9M235.1M
Net Income(99.6M)(16.8M)35.1M(37.3M)(84.2M)(80.0M)
End Period Cash Flow63.5M130.9M211.1M105.9M107.5M107.5M
Change To Netincome3.2M5.5M(23.2M)(12.8M)(11.5M)(10.9M)
Investments(119.9M)(2.2M)1.8M(187.3M)(222.4M)(211.3M)
Net Borrowings(7.2M)(7.5M)(116K)(7.6M)(6.9M)(6.5M)

Hecla Mining Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hecla Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hecla Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hecla stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.49
β
Beta against NYSE Composite3.93
σ
Overall volatility
3.47
Ir
Information ratio -0.04

Hecla Mining Volatility Alert

Hecla Mining shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hecla Mining's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hecla Mining's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Hecla Mining Implied Volatility

Hecla Mining's implied volatility exposes the market's sentiment of Hecla Mining stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hecla Mining's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hecla Mining stock will not fluctuate a lot when Hecla Mining's options are near their expiration.

Hecla Mining Fundamentals Vs Peers

Comparing Hecla Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hecla Mining's direct or indirect competition across all of the common fundamentals between Hecla Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hecla Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hecla Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hecla Mining by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hecla Mining to competition
FundamentalsHecla MiningPeer Average
Return On Equity-0.0427-0.31
Return On Asset0.0079-0.14
Profit Margin(0.12) %(1.27) %
Operating Margin(0.08) %(5.51) %
Current Valuation3.36 B16.62 B
Shares Outstanding625.12 M571.82 M
Shares Owned By Insiders7.12 %10.09 %
Shares Owned By Institutions62.60 %39.21 %
Number Of Shares Shorted19.16 M4.71 M
Price To Earning155.67 X28.72 X
Price To Book1.43 X9.51 X
Price To Sales3.90 X11.42 X
Revenue720.23 M9.43 B
Gross Profit260.09 M27.38 B
EBITDA208.71 M3.9 B
Net Income(84.22 M)570.98 M
Cash And Equivalents104.74 M2.7 B
Cash Per Share0.37 X5.01 X
Total Debt662.82 M5.32 B
Debt To Equity0.30 %48.70 %
Current Ratio2.04 X2.16 X
Book Value Per Share3.19 X1.93 K
Cash Flow From Operations75.5 M971.22 M
Short Ratio2.62 X4.00 X
Earnings Per Share(0.14) X3.12 X
Price To Earnings To Growth(3.02) X4.89 X
Target Price5.69
Number Of Employees1.77 K18.84 K
Beta2.16-0.15
Market Capitalization2.81 B19.03 B
Total Asset3.01 B29.47 B
Retained Earnings(503.86 M)9.33 B
Working Capital102.8 M1.48 B
Note: Disposition of 21318 shares by Aguiar Rodriguez Carlos Roberto of Hecla Mining subject to Rule 16b-3 [view details]

Hecla Mining Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hecla . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hecla Mining Buy or Sell Advice

When is the right time to buy or sell Hecla Mining? Buying financial instruments such as Hecla Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Other Current Liabilities19.5M84.2M10.2M17.8M
Total Assets2.7B2.9B3.0B3.2B

Use Investing Ideas to Build Portfolios

In addition to having Hecla Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Millennials Best
Millennials Best Theme
Companies or funds that provide products or services that appeal to the generation of millennials and that are expected to experience growth in the next 5 years. The millennial generation usually refers to the demographic population that were born between 1980 to 2000. The Millennials Best theme has 77 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Millennials Best Theme or any other thematic opportunities.
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When determining whether Hecla Mining is a strong investment it is important to analyze Hecla Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hecla Mining's future performance. For an informed investment choice regarding Hecla Stock, refer to the following important reports:
Check out Hecla Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Is Hecla Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hecla Mining. If investors know Hecla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Dividend Share
0.025
Earnings Share
(0.14)
Revenue Per Share
1.189
Quarterly Revenue Growth
(0.17)
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.