UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . | --- | --- | |-------------------------------------------------------------------------------|---------------------------------| | | | | Commission Fi ...

Hecla Mining (HL) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this precious metals company would post earnings of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 100%.Over the last four quarters, the compan ...

Hecla Mining (HL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers are better th ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Hecla Mining (HL) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Hecla Mining is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the ...

From a technical perspective, Hecla Mining (HL) is looking like an interesting pick, as it just reached a key level of support. HL recently overtook the 20-day moving average, and this suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.The 2 ...

Hecla Mining (HL) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. Analysts' growing optimism on the earnings prospects of this precious metals company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-te ...

The stock market can trick old buyers into selling their profitable holdings at the first sign of a dip or slowdown. This effect is further amplified for new buyers who are anxious to know whether their ideas were right or wrong. Often, their profit and loss statements give them the answer. As the S&P 500 trades at the lower end of its recent bracket, these questions could keep investors up at night. However, the answer doesn't have to be that hard. Some stocks could use trimming as they've run their course ...

The global financial cycle has a few tail ends, and the two are typically divided between stocks and commodities. When one performs, the other tends to underperform, with currency performance in the middle of the price action. Today, the dollar index has retreated from its recent highs, causing the price of dollar-quoted commodities to rise toward new all-time highs. One of the main basic materials catching a lot of attention is gold. Gold prices are now at a new all-time high, which is a vote of no confide ...

Company Overview - Hecla Mining (HL) shares increased by 5.9% to $6.82 in the last trading session, with a notable trading volume, and have gained 16% over the past four weeks [1][2] - The company is part of the Zacks Mining - Silver industry, which includes Pan American Silver (PAAS) [4] Silver Price Impact - The rise in Hecla Mining's shares is attributed to an increase in silver prices, currently at approximately $30.84 per ounce, marking a two-month high [2] - The increase in silver prices is driven by expectations of a more aggressive interest rate cut by the Federal Reserve, with a 59% chance of a 50-basis point cut following weak August payroll data [2] Earnings Expectations - Hecla Mining is projected to report quarterly earnings of $0.02 per share, reflecting a year-over-year increase of 300%, with revenues expected to reach $201.63 million, up 10.8% from the previous year [3] - The consensus EPS estimate for Hecla Mining has been revised 33.3% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] Industry Comparison - Pan American Silver, another company in the same industry, has a consensus EPS estimate of $0.20, representing a significant year-over-year change of 1900% [5] - Both Hecla Mining and Pan American Silver currently hold a Zacks Rank of 3 (Hold) [4][5]

Company Overview - Hecla Mining Company (NYSE: HL) is a gold and silver mining firm that has recently gained attention due to significant stock activity following a purchase by Congress member Debbie Wasserman Schultz [1][2]. Stock Performance - Since Representative Schultz's purchase on August 9, 2024, HL's stock has increased by 29%, rising from $5.04 to $6.51 by September 12, 2024 [2]. - The stock's rally is notable as it has generally maintained a low profile among politicians, raising questions about potential insider information [2][8]. Financial Results - For Q2 2024, Hecla Mining reported revenue of $245.7 million, representing a 38% year-over-year growth and surpassing analyst estimates by 16% [6]. - The company produced 4.5 million ounces of silver, a 3.7% increase year-over-year and a 43% increase from the previous quarter. Gold production also rose by 2% to 37,324 ounces compared to Q1 2024 [7]. Market Conditions - The surge in HL's stock price can be attributed to favorable market conditions, including rising silver prices and increased global demand for precious metals [5]. - Amid fears of a potential recession, gold prices have also surged, as investors view gold as a hedge against economic challenges [5]. Political Context - The significant stock movement following a political purchase has raised concerns about the access to privileged information by lawmakers, especially in light of ongoing scrutiny regarding Congressional trading practices [8][9]. - A bipartisan proposal is being considered to ban members of Congress from trading stocks, which would also extend to their spouses if enacted [10].