Hecla Mining Company (NYSE:HL) has climbed 0.22% in the past week and advanced 6.13% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.43% and the outperformance has advanced to 5.16% for the last 4 weeks period.
Hecla Mining Company (NYSE:HL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.48 and $4.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.59. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.50, notching a gain of 1.58% for the day. The total traded volume was 27,708,294 . The stock had closed at $4.43 on the previous day.
The company shares have rallied 56.79% from its 1 Year high price. On Jun 10, 2016, the shares registered one year high at $4.75 and the one year low was seen on Jan 19, 2016. The 50-Day Moving Average price is $4.25 and the 200 Day Moving Average price is recorded at $2.88.
On the companys insider trading activities,The director of Hecla Mining Co/De/, Taylor Anthony P sold 5,000 shares at $4.53 on June 10, 2016. The Insider selling transaction had a total value worth of $22,650. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Brokerage firm ScotiaBank downgrades its rating on Hecla Mining Company (NYSE:HL). The shares have been rated Underperform. Previously, the analysts had a Sector Perform rating on the shares. The rating by the firm was issued on April 11, 2016. Currently the company Insiders own 1.8% of Hecla Mining Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -22.16% . Institutional Investors own 50.8% of Hecla Mining Company shares. During last six month period, the net percent change held by insiders has seen a change of -22.16%.
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company operates in three segments: the Greens Creek, Lucky Friday, and Casa Berardi units. It focuses on its San Sebastian project, which is located in Mexico; North Idahos Silver Valley, which is located in Coeur dAlene Mining District; Greens Creek unit on Alaskas Admiralty Island, which is located near Juneau; the silver-producing district near Durango, which is located in Mexico; the Abitibi region of north-western Quebec, which is located in Canada, and the Creede district of Southwestern Colorado. The Company produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers at its Lucky Friday unit and unrefined bullion bars (dore) containing gold and silver at Greens Creek and Casa Berardi. In addition, the Company owns Rock Creek Project, a silver and copper deposit, which is located in North America.