Hecla Mining (HL) Stock Drops 5% Amid Market Volatility

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At 1:27 AM EST on September 27, 2024, Hecla Mining (HL, Financial) experienced a sharp 5% decline in its stock price. The stock currently trades at $6.82 per share, with a trading volume of 7.92 million shares, a turnover rate of 1.27%, and a price fluctuation of 5.43%.

Recent financial reports show Hecla Mining (HL, Financial) achieved a revenue of $246 million with a net profit of $27.87 million, translating to earnings per share of $0.04. The gross profit stood at $45.10 million, and the price-to-earnings ratio was -97.54.

In terms of analyst ratings, out of the 10 institutions providing ratings, 90% recommend buying the stock, while 10% suggest holding it. No institutions recommend selling.

Hecla Mining operates within the precious metals and mining industry, which overall, saw a decline of 0.19%. Other notable stocks in this sector include Solaris Resources Inc., Gold Mining Inc., and Buenaventura Mining, which posted significant gains. Meanwhile, Comstock Inc., Endeavour Silver Corporation, and Hecla Mining (HL, Financial) showed high activity, with turnover rates of 4.04%, 1.92%, and 1.27%, respectively. Stocks like Comstock Inc., Platinum Group Metals Ltd., and Avino Silver & Gold Mines Ltd. had notable price fluctuations of 38.88%, 9.80%, and 9.32%, respectively.

Hecla Mining Co. specializes in the production and exploration of silver, gold, zinc, and other metals. The company operates through segments including Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. The majority of its revenue comes from the Greens Creek segment, with most revenue generated in the United States, though it also has operations in Canada and Mexico.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.