Hecla Mining Stock Buy Hold or Sell Recommendation
| HL Stock | USD 5.24 0.18 3.56% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Hecla Mining is 'Cautious Hold'. 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 5.51 | Target Price 6.15 | Hype Value 5.32 | Market Value 5.24 | Naive Value 4.82 |
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.
Hecla |
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
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Hecla Mining Trading Alerts and Improvement Suggestions
| Hecla Mining appears to be risky and price may revert if volatility continues | |
| 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 64.0% 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 MacroaxisInsider: 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 | 0.47 | Value At Risk | -4.48 | Potential Upside | 6.15 | Standard Deviation | 3.41 |
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 Corp | 2023-12-31 | 5.7 M | Goldman Sachs Group Inc | 2023-12-31 | 4.3 M | Balyasny Asset Management Llc | 2023-12-31 | 4.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.4 M | Jpmorgan Chase & Co | 2023-12-31 | 3.4 M | Amvescap Plc. | 2023-12-31 | 3 M | Norges Bank | 2023-12-31 | 2.9 M | Frontier Capital Management Co Inc | 2023-12-31 | 2.8 M | Sprott Inc. | 2023-12-31 | 2.7 M | Vanguard Group Inc | 2023-12-31 | 57.9 M | Van Eck Associates Corporation | 2023-12-31 | 56.7 M |
Hecla Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 16.1M | (13.2M) | 16.9M | (18.2M) | (24.0M) | (22.8M) | |
| Change In Cash | 35.1M | 67.4M | 80.2M | (105.2M) | 1.6M | 1.6M | |
| Free Cash Flow | (555K) | 89.8M | 111.3M | (59.5M) | (148.4M) | (141.0M) | |
| Depreciation | 204.5M | 164.0M | 179.2M | 145.1M | 163.7M | 171.9M | |
| Other Non Cash Items | 33.6M | 10.2M | 29.1M | 30.9M | 34.5M | 21.5M | |
| Dividends Paid | 5.5M | 9.2M | 20.7M | 12.9M | 15.7M | 16.5M | |
| Capital Expenditures | 121.4M | 91.0M | 109.0M | 149.4M | 223.9M | 235.1M | |
| Net Income | (99.6M) | (16.8M) | 35.1M | (37.3M) | (84.2M) | (80.0M) | |
| End Period Cash Flow | 63.5M | 130.9M | 211.1M | 105.9M | 107.5M | 107.5M | |
| Change To Netincome | 3.2M | 5.5M | (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 | 0.21 | |
β | Beta against NYSE Composite | 2.87 | |
σ | Overall volatility | 3.49 | |
Ir | Information ratio | 0.11 |
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 |
| Fundamentals | Hecla Mining | Peer Average |
| Return On Equity | -0.0427 | -0.31 |
| Return On Asset | 0.0079 | -0.14 |
| Profit Margin | (0.12) % | (1.27) % |
| Operating Margin | (0.08) % | (5.51) % |
| Current Valuation | 3.8 B | 16.62 B |
| Shares Outstanding | 616.79 M | 571.82 M |
| Shares Owned By Insiders | 6.45 % | 10.09 % |
| Shares Owned By Institutions | 63.58 % | 39.21 % |
| Number Of Shares Shorted | 18.33 M | 4.71 M |
| Price To Earning | 155.67 X | 28.72 X |
| Price To Book | 1.70 X | 9.51 X |
| Price To Sales | 4.64 X | 11.42 X |
| Revenue | 720.23 M | 9.43 B |
| Gross Profit | 260.09 M | 27.38 B |
| EBITDA | 208.71 M | 3.9 B |
| Net Income | (84.22 M) | 570.98 M |
| Cash And Equivalents | 104.74 M | 2.7 B |
| Cash Per Share | 0.37 X | 5.01 X |
| Total Debt | 662.82 M | 5.32 B |
| Debt To Equity | 0.30 % | 48.70 % |
| Current Ratio | 2.04 X | 2.16 X |
| Book Value Per Share | 3.19 X | 1.93 K |
| Cash Flow From Operations | 75.5 M | 971.22 M |
| Short Ratio | 2.43 X | 4.00 X |
| Earnings Per Share | (0.14) X | 3.12 X |
| Price To Earnings To Growth | (3.02) X | 4.89 X |
| Target Price | 6.5 | |
| Number Of Employees | 1.77 K | 18.84 K |
| Beta | 2.23 | -0.15 |
| Market Capitalization | 3.23 B | 19.03 B |
| Total Asset | 3.01 B | 29.47 B |
| Retained Earnings | (503.86 M) | 9.33 B |
| Working Capital | 102.8 M | 1.48 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 Liabilities | 19.5M | 84.2M | 10.2M | 17.8M | Total Assets | 2.7B | 2.9B | 3.0B | 3.2B |
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.Did You Try This Idea?
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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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running Hecla Mining's price analysis, check to measure Hecla Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
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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.