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 ...

Hecla Mining (HL) shares ended the last trading session 5.9% higher at $6.82. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 16% gain over the past four weeks. Hecla Mining shares have gained on the back of the increase in silver prices. Silver prices are currently at around $30.84 an ounce, reaching a two-month high. Prices have gained amid growing expectations that the Federal Reserve will take a more aggressive ...

A stock rarely traded by United States politicians is experiencing massive short-term gains after a Congress member made a bet on the company. Following months of trading inactivity, Representative Debbie Wasserman Schultz from Florida purchased shares in Hecla Mining Company (NYSE: HL), a gold and silver mining firm. Since the August 9 transaction, HL has rallied by 29%. At the time of the trade, the stock was valued at $5.04 and closed at $6.51 on September 12. HL six-months stock price chart. Source: Fin ...

Hecla Mining (HL) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this precious metals company would post a loss of $0.02 per share when it actually produced earnings of $0.01, delivering a surprise of 150%. Over the last four quarters, the co ...

Hecla Mining (HL) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HL broke through the 20-day moving average, which suggests a short-term bullish trend. The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages. Like oth ...

Hecla Mining (HL) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, HL broke through the 20-day moving average, which suggests a short-term bullish trend. The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, shortterm traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-t ...

Current chair Catherine J. Boggs has been named interim president and CEO. Kitco News - Hecla Mining Company (NYSE:HL) announced today that Phillips S. Baker Jr. is retiring, effective immediately. "I would like to thank Phil for his years of service and valued contributions to Hecla and the silver industry overall. The Board will immediately begin a search for a new Chief Executive, and we are confident that we will find the right, highly qualified individual to lead Hecla," said Boggs in a news release wh ...

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Hecla Mining (HL) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question. Hecla Mining is one of 240 individual stocks in the Basic Materials sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups ...