Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Hecla Mining Co’s current trading price is -23.83% away from its 52-week high, while its distance from the 52-week low is 32.65%. The stock’s price range during this period has varied between $4.41 and $7.68. The company, active in the Basic Materials sector, saw a trading volume of around 16.91 million for the day, considerably lower average daily volume of 21.21 million observed over the last three months.
Hecla Mining Co had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $7.68 on 10/22/24, while the lowest price during the same period was $4.41 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Hecla Mining Co (HL) has experienced a quarterly rise of 6.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.70B and boasts a workforce of 1830 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 5.50, with a change in price of +0.36. Similarly, Hecla Mining Co recorded 17,851,984 in trading volume during the last 100 days, posting a change of +6.56%.
How HL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for HL stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.25.
HL Stock Stochastic Average
As of today, the raw stochastic average of Hecla Mining Co over the last 50 days is at 69.85%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 79.43%. Further, the company’s Stochastic %K and %D values for the last 20 days were 79.24% and 77.08%, respectively.
HL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 19.14%.However, over the last six months, we can see a stronger performance of -22.31%. Over the last 30 days, the price of HL has fallen by 1.56%. And in the last five days, it has surged by 0.69%.
