Hecla Mining (NYSE:HL) posted its quarterly earnings data on Thursday. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01), Briefing.com reports. Hecla Mining had a negative return on equity of 6.02% and a negative net margin of 20.98%. The firm had revenue of $161.50 million for the quarter, compared to analyst estimates of $179.40 million. During the same period in the prior year, the company posted ($0.05) EPS. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year.
Shares of HL traded up $0.08 during trading hours on Friday, reaching $2.31. The stock had a trading volume of 7,844,255 shares, compared to its average volume of 7,279,325. The company has a quick ratio of 0.55, a current ratio of 1.23 and a debt-to-equity ratio of 0.37. Hecla Mining has a 52 week low of $1.21 and a 52 week high of $3.07. The firm has a 50-day moving average of $2.03 and a 200 day moving average of $1.80. The company has a market cap of $1.13 billion, a P/E ratio of -21.00 and a beta of 0.97.
In other news, Director Catherine J. Boggs acquired 40,540 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was acquired at an average price of $1.50 per share, for a total transaction of $60,810.00. Following the transaction, the director now directly owns 40,540 shares in the company, valued at $60,810. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is owned by corporate insiders.
About Hecla Mining
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The company offers lead, zinc, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders.
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