Shares of Hecla Mining Company (HL) Sees Large Inflow of Net Money Flow

Hecla Mining Company (HL) : $13.42 million worth of transactions were on upticks in Hecla Mining Company (HL), compared to $10.07 million on downticks. The ratio between the two was 1.33, whereas, the net money flow stood at a healthy $3.35 million on Tuesdays session.The block trades show a bullish bias with only $2.18 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $6.01million worth of trades. The up-down ratio between the uptick and downtick was 2.76, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $3.83 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -3.8%. The stock was trading at $5.82, with a drop of $0.23 over the previous days close. The stock recorded -3.8% for the week.


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 -7.66% . Institutional Investors own 50.74% of Hecla Mining Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.66%. In an insider trading activity,The Director of HECLA MINING CO/DE/, Taylor Anthony P sold 6,921 shares at $4.94 on June 30, 2016. The Insider selling transaction had a total value worth of $34,190. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Hecla Mining Co. rose by 5.43% in the last five trading days and 29.62% for the last 4 weeks. Hecla Mining Co. is up 83.15% in the last 3-month period. Year-to-Date the stock performance stands at 208.51%.

Hecla Mining Company (NYSE:HL): On Tuesdays trading session , Opening price of the stock was $6.01 with an intraday high of $6.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.81. However, the stock managed to close at $5.82, a loss of 3.80% for the day. On the previous day, the stock had closed at $6.05. The total traded volume of the day was 11,553,232 shares.

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.

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