Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
The mean of analysts' price targets for Hecla Mining (HL) points to a 46.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Hecla Mining (HL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Hecla had a tough quarter in Q3-24, impacted by unplanned downtime at its Alaskan Greens Creek Mine and its Keno Hill Mine in the Yukon. Fortunately, metal prices picked up the slack, allowing the company to still report industry-leading AISC margins of 48% relative to its silver peers. In bigger news, the company has appointed Rob Krcmarov as its new President & CEO, a great fit that brings over three decades of experience in the industry.
Hecla Mining Company (NYSE:HL ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Anvita Patil - VP, IR and Treasurer Cassie Boggs - Interim President and CEO Rob Krcmarov - Incoming President and Chief Executive Officer Russell Lawlar - SVP and CFO Carlos Aguiar - VP, of Operations Kurt Allen - VP, Exploration Conference Call Participants Lucas Pipes - B. Riley Heiko Ihle - H.C.
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.
Hecla Mining (HL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Hecla Mining (HL) and Eldorado Gold Corporation (EGO) have performed compared to their sector so far this year.
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.
Hecla Mining (HL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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.
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.