Strs Ohio raised its holdings in shares of Hecla Mining Company (NYSE:HL – Free Report) by 69.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,800 shares of the basic materials company’s stock after purchasing an additional 25,300 shares during the quarter. Strs Ohio’s holdings in Hecla Mining were worth $748,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Transce3nd LLC purchased a new position in Hecla Mining in the 2nd quarter worth about $25,000. USA Financial Formulas bought a new position in Hecla Mining in the 3rd quarter worth about $25,000. EverSource Wealth Advisors LLC increased its position in shares of Hecla Mining by 255.6% during the second quarter. EverSource Wealth Advisors LLC now owns 6,156 shares of the basic materials company’s stock worth $37,000 after acquiring an additional 4,425 shares during the period. Headlands Technologies LLC bought a new stake in shares of Hecla Mining during the second quarter valued at approximately $44,000. Finally, Salomon & Ludwin LLC bought a new stake in shares of Hecla Mining during the third quarter valued at approximately $49,000. 63.01% of the stock is owned by hedge funds and other institutional investors.
Hecla Mining Stock Performance
Shares of Hecla Mining stock opened at $27.29 on Thursday. The company has a market capitalization of $18.28 billion, a PE ratio of 88.02 and a beta of 1.28. The company has a 50-day simple moving average of $20.70 and a two-hundred day simple moving average of $13.92. Hecla Mining Company has a one year low of $4.46 and a one year high of $34.17. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.51 and a current ratio of 2.15.
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 issued a dividend of $0.0038 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, November 24th. Hecla Mining’s dividend payout ratio is currently 3.23%.
Insider Transactions at Hecla Mining
In other Hecla Mining news, VP Kurt Allen sold 52,219 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total value of $1,144,118.29. Following the completion of the sale, the vice president owned 216,641 shares of the company’s stock, valued at approximately $4,746,604.31. This trade represents a 19.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David C. Sienko sold 207,553 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $19.42, for a total transaction of $4,030,679.26. Following the transaction, the vice president owned 906,370 shares in the company, valued at approximately $17,601,705.40. This trade represents a 18.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 426,679 shares of company stock valued at $7,678,773 in the last quarter. 1.40% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several research analysts have commented on HL shares. Canaccord Genuity Group set a $26.50 price objective on Hecla Mining in a report on Friday, January 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Hecla Mining in a research note on Monday, December 29th. Roth Mkm reaffirmed a “sell” rating and issued a $16.00 price objective on shares of Hecla Mining in a research note on Tuesday. Scotiabank increased their target price on shares of Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a report on Monday. Finally, BMO Capital Markets raised their target price on shares of Hecla Mining from $16.00 to $28.00 and gave the company a “market perform” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $22.00.
Check Out Our Latest Analysis on Hecla Mining
Key Hecla Mining News
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.
Hecla Mining 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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