Hecla Mining Stock Price on March 24, 2023
HL Stock | USD 5.69 0.06 1.07% |
Below is the normalized historical share price chart for Hecla Mining extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hecla Mining stands at 5.69, as last reported on the 22nd of November, with the highest price reaching 5.74 and the lowest price hitting 5.59 during the day.
If you're considering investing in Hecla Stock, it is important to understand the factors that can impact its price. Hecla Mining holds Efficiency (Sharpe) Ratio of -0.0274, which attests that the entity had a -0.0274% return per unit of risk over the last 3 months. Hecla Mining exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hecla Mining's Standard Deviation of 3.26, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
At this time, Hecla Mining's Common Stock Total Equity is quite stable compared to the past year. Stock Based Compensation To Revenue is expected to rise to 0.01 this year, although the value of Treasury Stock is projected to rise to (27.1 M). . At this time, Hecla Mining's Price Book Value Ratio is quite stable compared to the past year. Price To Book Ratio is expected to rise to 2.16 this year, although the value of Price Earnings Ratio will most likely fall to (36.32). Hecla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of February 1985 | 200 Day MA 5.4441 | 50 Day MA 6.5126 | Beta 1.997 |
Hecla |
Sharpe Ratio = -0.0274
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Estimated Market Risk
3.27 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hecla Mining is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hecla Mining by adding Hecla Mining to a well-diversified portfolio.
Price Book 1.7596 | Enterprise Value Ebitda 16.6138 | Price Sales 4.3101 | Shares Float 591.5 M | Dividend Share 0.04 |
Hecla Mining Main Headline on 24th of March 2023
Hecla Mining dividend paid on 24th of March 2023 |
Hecla Mining Valuation on March 24, 2023
It is possible to determine the worth of Hecla Mining on a given historical date. On March 24, 2023 Hecla was worth 5.86 at the beginning of the trading date compared to the closed value of 5.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hecla Mining stock. Still, in general, we apply an absolute valuation method to find Hecla Mining's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hecla Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hecla Mining's related companies.
Open | High | Low | Close | Volume | |
5.71 | 5.90 | 5.66 | 5.81 | 7,569,630 | |
03/24/2023 | 5.86 | 5.93 | 5.76 | 5.86 | 6,784,926 |
5.73 | 5.89 | 5.70 | 5.89 | 6,627,914 |
Backtest Hecla Mining | | | Hecla Mining History | | | Hecla Mining Valuation | Previous | Next |
Hecla Mining Trading Date Momentum on March 24, 2023
On March 27 2023 Hecla Mining was traded for 5.89 at the closing time. The highest price during the trading period was 5.89 and the lowest recorded bid was listed for 5.70 . The volume for the day was 6.6 M. This history from March 27, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 0.51% . The trading delta at closing time to the current price is 6.83% . |
Hecla Mining Fundamentals Correlations and Trends
By evaluating Hecla Mining's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hecla Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hecla financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hecla Mining Stock history
Hecla Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hecla is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hecla Mining will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hecla Mining stock prices may prove useful in developing a viable investing in Hecla Mining
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 605.7 M | 636 M | |
Net Loss | -34.1 M | -32.4 M |
Hecla Mining Quarterly Net Working Capital |
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Hecla Mining Stock Technical Analysis
Hecla Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Hecla Mining Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
Hecla Mining cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hecla Mining November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Hecla Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hecla Mining shares will generate the highest return on investment. By undertsting and applying Hecla Mining stock market strength indicators, traders can identify Hecla Mining entry and exit signals to maximize returns
Hecla Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hecla Mining's price direction in advance. Along with the technical and fundamental analysis of Hecla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hecla to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (0.08) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Metals & Mining space 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 0.04 | Earnings Share (0.03) | Revenue Per Share 1.364 | Quarterly Revenue Growth 0.347 |
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.