Hussman Strategic Advisors Inc. cut its stake in Hecla Mining Company (NYSE:HL – Free Report) by 75.0% in the third quarter, HoldingsChannel.com reports. The fund owned 76,500 shares of the basic materials company’s stock after selling 229,500 shares during the period. Hussman Strategic Advisors Inc.’s holdings in Hecla Mining were worth $926,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of HL. Nisa Investment Advisors LLC boosted its stake in Hecla Mining by 9.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 12,620 shares of the basic materials company’s stock worth $153,000 after acquiring an additional 1,134 shares during the last quarter. GAMMA Investing LLC raised its holdings in Hecla Mining by 28.7% in the third quarter. GAMMA Investing LLC now owns 6,426 shares of the basic materials company’s stock worth $78,000 after purchasing an additional 1,434 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Hecla Mining by 7.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,080 shares of the basic materials company’s stock worth $276,000 after purchasing an additional 1,516 shares in the last quarter. Ameritas Investment Partners Inc. grew its holdings in shares of Hecla Mining by 3.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 61,291 shares of the basic materials company’s stock valued at $367,000 after buying an additional 1,779 shares during the period. Finally, KLP Kapitalforvaltning AS grew its holdings in shares of Hecla Mining by 1.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 125,800 shares of the basic materials company’s stock valued at $754,000 after buying an additional 1,900 shares during the period. 63.01% of the stock is currently owned by institutional investors and hedge funds.
Hecla Mining Stock Down 3.6%
HL stock opened at $27.29 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.15 and a quick ratio of 1.51. The stock has a market capitalization of $18.28 billion, a P/E ratio of 88.02 and a beta of 1.28. Hecla Mining Company has a fifty-two week low of $4.46 and a fifty-two week high of $34.17. The business has a 50-day moving average of $20.70 and a 200-day moving average of $13.92.
Hecla Mining Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, November 24th were given a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, November 24th. Hecla Mining’s payout ratio is currently 3.23%.
Trending Headlines about Hecla Mining
Here are the key news stories impacting Hecla Mining this week:
- Positive Sentiment: CIBC raised its price target on Hecla from $27 to $32 (still a “neutral” rating). The boost in target suggests analysts see ~17% upside from the stock’s recent level, which can support buying interest. Read More.
- Positive Sentiment: Unusually large call-option activity — traders bought ~103,115 calls (about +145% vs. average) — signals short-term bullish positioning that can amplify upside volatility if catalysts align. Read More.
- Positive Sentiment: Momentum: Hecla has rallied sharply over the past week (nearly +20%), attracting attention from momentum traders and coverage pieces that can sustain short-term flows. Read More.
- Positive Sentiment: Strategic refocus: Hecla announced a plan to divest Casa Berardi to concentrate on silver — a clearer strategic focus can be viewed positively by investors seeking higher-margin, core-commodity exposure. Read More.
- Neutral Sentiment: Investor Day materials and transcripts were posted (detailed guidance, strategy and Q&A). These documents provide context for management’s long-term plan but are informational until they change guidance or metrics materially. Read More.
- Neutral Sentiment: An M&A call transcript was released; management commentary on portfolio moves is useful for modeling but not immediately catalytic without deal specifics. Read More.
- Negative Sentiment: Production outlook: Hecla’s weaker 2026 production outlook spurred a ~5.5% drop previously — lower near-term volumes can pressure revenue and sentiment, which helps explain downward moves despite other positive signals. Read More.
Analyst Upgrades and Downgrades
Several research firms have weighed in on HL. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a report on Monday, December 29th. Wall Street Zen raised Hecla Mining from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. HC Wainwright boosted their price objective on Hecla Mining from $16.50 to $36.50 and gave the company a “buy” rating in a research report on Tuesday. Roth Mkm reissued a “sell” rating and set a $16.00 target price on shares of Hecla Mining in a research note on Tuesday. Finally, Scotiabank lifted their price target on shares of Hecla Mining from $15.00 to $25.00 and gave the company a “sector perform” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $22.00.
Insider Buying and Selling
In other Hecla Mining news, VP Kurt Allen sold 52,219 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the sale, the vice president directly owned 216,641 shares of the company’s stock, valued at $4,746,604.31. The trade was a 19.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP David C. Sienko sold 207,553 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $19.42, for a total value of $4,030,679.26. Following the completion of the transaction, the vice president owned 906,370 shares of the company’s stock, valued at $17,601,705.40. The trade was a 18.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 426,679 shares of company stock worth $7,678,773. 1.40% of the stock is owned by insiders.
Hecla Mining Company Profile
Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.
The company’s principal operations are located in North America and Latin America.
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