Hecla Stock Buy Hold or Sell Recommendation

HL
 Stock
  

USD 5.18  0.03  0.58%   

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Hecla Mining is 'Strong Buy'. 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.
  
The advice is provided from Hecla Mining's buy-and-hold perspective. Please check 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. We conduct extensive research on individual companies such as Hecla and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Hecla Mining.

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

Execute Advice
Sell Hecla MiningBuy Hecla Mining
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Hecla Mining has a Risk Adjusted Performance of 0.1306, Jensen Alpha of 0.2525, Total Risk Alpha of 0.1816, Sortino Ratio of 0.0775 and Treynor Ratio of 0.1917
We provide advice to complement the regular expert consensus on Hecla Mining. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Hecla Mining is not overpriced, please check out all Hecla Mining fundamentals, including its gross profit, book value per share, and the relationship between the price to earning and cash per share . Given that Hecla Mining has a price to earning of 155.67 X, we strongly advise you to confirm Hecla Mining market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hecla Mining Trading Alerts and Improvement Suggestions

Hecla Mining has very high historical volatility over the last 90 days
Hecla Mining has a strong financial position based on the latest SEC filings
About 63.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: 3 Gold and Silver Stocks Under 5 - Outsider Club

Hecla Mining current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hecla analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hecla analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price5.80
Target Median Price6.00
Target High Price7.00
Recommendation Mean2.30
Number Of Analyst Opinions10
Target Low Price4.25
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

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 stock 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 Return0.38Value At Risk-6.92
Potential Upside8.88Standard Deviation4.37
   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 originate 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.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares99.5 K390 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares126.2 K829 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares188.4 K983 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares166.2 K914 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares85.4 K636 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares89.5 K509 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares101.8 K660 K
Note, although Hecla Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hecla Mining Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(97.66 M)(134.52 M)(121.24 M)(90.69 M)(107.97 M)(116.5 M)
Depreciation Amortization and Accretion126.47 M140.91 M196.41 M155.01 M172.65 M160.39 M
Net Cash Flow or Change in Cash and Cash Equivalents15.16 M(158.72 M)35.06 M67.41 M80.18 M86.51 M
Issuance Purchase of Equity Shares6.74 M4.05 M46.79 M(2.75 M)(4.53 M)(4.64 M)
Issuance Repayment of Debt Securities(6.99 M)(11.35 M)(7.16 M)(6.13 M)(7.29 M)(7.48 M)
Payment of Dividends and Other Cash Distributions(3.98 M)(4.39 M)(5.47 M)(9.15 M)(20.67 M)(21.22 M)
Net Cash Flow from Financing(5.25 M)(14.88 M)33.19 M(19.38 M)(32.6 M)(33.46 M)
Net Cash Flow from Investing(95.39 M)(236.55 M)(119.87 M)(92.9 M)(107.03 M)(115.48 M)
Net Cash Flow Investment Acquisitions and Disposals(6.64 M)32.92 M1.37 M(2.22 M)1.81 M1.95 M
Net Cash Flow from Operations115.88 M94.22 M120.87 M180.79 M220.34 M237.73 M
Effect of Exchange Rate Changes on Cash1.09 M(1.51 M)875 K(1.11 M)(530 K)(571.84 K)
Share Based Compensation6.32 M6.28 M5.67 M6.46 M6.08 M6.2 M

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 Basic Materials 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 DOW
0.25
β
Beta against DOW1.95
σ
Overall volatility
4.39
Ir
Information ratio 0.07

Hecla Mining Volatility Alert

Hecla Mining shows above-average downside volatility for the selected time horizon. We advise investors to inspect Hecla Mining further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Hecla Mining future alpha. 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 stocks 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
FundamentalsHecla MiningPeer Average
Return On Equity0.09 %(0.31) %
Return On Asset1.70 %(0.14) %
Profit Margin0.20 %(1.27) %
Operating Margin29.99 %(5.51) %
Current Valuation2.97 B16.62 B
Shares Outstanding538.14 M571.82 M
Shares Owned by Insiders7.81 %10.09 %
Shares Owned by Institutions63.38 %39.21 %
Number of Shares Shorted17.7 M4.71 M
Price to Earning155.67 X28.72 X
Price to Book1.63 X9.51 X
Price to Sales3.71 X11.42 X
Revenue756.38 M9.43 B
Gross Profit389.59 M27.38 B
EBITDA226.87 M3.9 B
Net Income974 K570.98 M
Cash and Equivalents198.19 M2.7 B
Cash per Share0.37 X5.01 X
Total Debt534.58 M5.32 B
Debt to Equity0.30 %48.70 %
Current Ratio2.04 X2.16 X
Book Value Per Share3.20 X1.93 K
Cash Flow from Operations174.19 M971.22 M
Short Ratio2.06 X4.00 X
Earnings Per Share(0.03) X3.12 X
Price to Earnings To Growth(3.56) X4.89 X
Number of Employees1.65 K18.84 K
Beta1.96-0.15
Market Capitalization2.8 B19.03 B
Total Asset2.22 B29.47 B
Retained Earnings(362.63 M)9.33 B
Working Capital142.45 M1.48 B
Current Asset269.53 M9.34 B
   Acquisition or disposition of Hecla Mining securities by Stephen Ralbovsky [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.
 2019 2020 2021 2022 (projected)
Receivables18.37 M37.61 M44.59 M48.11 M
Inventories66.21 M96.54 M67.77 M58.07 M

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.

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Run Small Blend Thematic Idea Now

Small Blend
Small Blend Theme
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Theme or any other thematic opportunities.
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Please check 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. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Hecla Mining 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 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 YOY
(0.81) 
Market Capitalization
3.2 B
Quarterly Revenue Growth YOY
(0.24) 
Return On Assets
0.0117
Return On Equity
(0.0114) 
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 Hecla Mining value 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.