3 Reasons Why Growth Investors Shouldn't Overlook Hecla Mining (HL)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging [1] Group 1: Company Overview - Hecla Mining (HL) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 5.8%, but projected EPS growth for this year is expected to be 172.7%, significantly higher than the industry average of 53.3% [5] Group 2: Financial Metrics - Hecla Mining has an asset utilization ratio (sales-to-total-assets ratio) of 0.35, indicating it generates $0.35 in sales for every dollar in assets, which is above the industry average of 0.33 [6] - The company's sales are projected to grow by 20.7% this year, slightly above the industry average of 20.2% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Hecla Mining, with the Zacks Consensus Estimate for the current year increasing by 11.1% over the past month [9] - The combination of a Zacks Rank 2 and a Growth Score of A suggests that Hecla Mining is positioned as a potential outperformer for growth investors [11]