A Look Ahead: Hecla Mining's Earnings Forecast

Hecla Mining (NYSE:HL) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Hecla Mining to report an earnings per share (EPS) of $0.05.

Investors in Hecla Mining are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

The company's EPS missed by $0.02 in the last quarter, leading to a 0.82% drop in the share price on the following day.

Here's a look at Hecla Mining's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.04

-0.01

-0.02

0

EPS Actual

0.02

0.01

-0.04

-0.01

Price Change %

-1.0%

11.0%

5.0%

-3.0%

Market Performance of Hecla Mining's Stock

Shares of Hecla Mining were trading at $6.32 as of November 04. Over the last 52-week period, shares are up 58.92%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Hecla Mining

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Hecla Mining.

The consensus rating for Hecla Mining is Buy, derived from 2 analyst ratings. An average one-year price target of $8.12 ...