Hecla Mining Company (NYSE:HL) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, HL to report 3Q20 income of $ 0.04 per share.
For the full year, analysts anticipate top line of $ 705.95 million, while looking forward to income of $ 0.04 per share bottom line.
Previous Quarter Performance
Hecla Mining Company unfold income for the second quarter of $ 0.01 per share, from the revenue of $ 166.35 million. The quarterly revenues increased 23.98 percent compared with the same quarter last year. The consensus estimates are $ 149.29 million in revenue The top line results outshined analysts by $ 17.06 million or 11.43 percent.
Stock Performance
On Friday, shares of Hecla Mining Company has traded high as $ 5.74 and has cracked $ 5.47 on the downward trend, reaching $ 5.59 with volume of 9.31 million shares.
According to the previous trading day, closing price of $ 5.59, representing a 294.29 % increase from the 52 week low of $ 1.40 and a 18.7 % decrease over the 52 week high of $ 6.79.
The company has a market capital of $ 2.96 billion and is part of the Basic Materials sector and Gold industry.
Recent Stock Dividend Announcement
On August 6, 2020, the board of directors authorized quarterly dividend of $ 0.0025 per share to holders of record as of the close of business on August 19, 2020, with payment date of September 1, 2020 and ex-dividend date on August 18, 2020.
Conference Call
Hecla Mining Company will be hosting a conference call at 10:00 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hecla-mining.com
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The company offers lead, zinc, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders. It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; Lucky Friday mine located in northern Idaho; Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and San Sebastian mine located in the city of Durango, Mexico.
