How to Buy Hecla Mining Co Stock
Hecla Mining Co
Hecla Mining Co is a precious metal company located in Idaho, United States, which is part of the Basic Materials sector, and is traded under the ticker HL on the NYSE exchange.
Hecla Mining Co stock last closed at $5.05, down 3.63% from the previous day, and has decreased 18.68% in one year. It has underperformed other stocks in the Other Precious Metals & Mining industry by 0.12 percentage points. Hecla Mining Co stock is currently +51.65% from its 52-week low of $3.33, and -19.84% from its 52-week high of $6.30.
At the moment, there are 625.12M HL shares outstanding. The market value of HL is $3.16B. In the past 24 hours, 21.83M HL shares were traded.
How to Buy Hecla Mining Co Stock
Not sure how to invest in Hecla Mining Co stock? Here's how.
- Decide where to buy Hecla Mining Co stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Hecla Mining Co stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your details.
- Analyze Hecla Mining Co stock: The Hecla Mining Co ticker symbol is HL. Is Hecla Mining Co stock a good investment? Should you buy shares of HL? How do HL's underlying business fundamentals look? Do top analysts think Hecla Mining Co is a good buy? Why has HL's stock price moved recently? (Hint: Our stock research website can help you decide if HL is a good stock to buy).
- Make your HL trade: Decide if you will purchase HL shares at the current market price or use a limit order to purchase HL stock at a specific price.
- Watch your HL investment: Create a watchlist to get the latest news on your new investment in Hecla Mining Co stock.
Step 1: Decide where to buy Hecla Mining Co stock
You will need an online brokerage account to access the NYSE market and buy HL stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. eToro gives you:
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to invest in HL stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the greatest app to buy stocks, you need to deposit funds:
Check out this video walkthrough to see the process of depositing funds into your new investment account.
Step 4: Analyze Hecla Mining Co stock
After you have decided on the best place to buy Hecla Mining Co stock, it's important to evaluate their stock before you buy, so you actually understand the risk and opportunity.
Hecla Mining Co quick stats
Hecla Mining Co Overview
WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HL's stock page.
Is HL stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HL's intrinsic value.
Using relative valuations methods:
- HL may be undervalued based on its P/B ratio of 1.6x, relative to Other Precious Metals & Mining industry P/B ratio of 1.65x
You can access additional valuation research on HL's stock here.
HL Financials at a glance
Positive Health Checks:
- HL has $107.54M in cash and short term investments. This is enough to cover its annual cash burn of $147.06M.
- There are more short-term assets than short-term liabilities on the HL balance sheet.
- Total HL debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HL profit margin has gone down from -5.3% to -11.8% in the past year.
- HL has cash burn of 147059000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the HL balance sheet.
- HL has a relatively high debt to equity ratio of 0.53.
Do analysts think it's a good time to buy HL stock
Out of 2 Equities analysts who track HL, the consensus analyst rating on Hecla Mining Co is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Hecla Mining Co stock forecast page.
HL Technicals
HL Performance Metrics
Last year, HL revenue was $720.23M. In the past five year, HL's revenue has increased by 4.9% per year. This was slower than the Other Precious Metals & Mining industry average of 63.15%.
Learn more about HL's earnings and revenue performance here.
Are HL executives and large shareholders buying or selling the stock?
In the last year, insiders at HL have bought more shares than they have sold.
Robert Denis Brown, VP - Corp. Develop Sustain. of HL, was the latest HL insider to sell. They sold $44,165.04 worth of HL stock on Feb 26, 2024.
Get more info about who owns HL shares here.
Does HL provide a stable income stream?
Hecla Mining Co pays a dividend of 0.5%, compared to the Other Precious Metals & Mining industry's average dividend yield of 0.5%. If you owned $1,000 worth of HL stock, you would have been paid $4.95 in the past year.
Hecla Mining Co dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Hecla Mining Co dividend yield and history here.
What others are saying about HL
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your HL trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Watch your HL investment
Now that you own some HL shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to monitor your HL stock.
HL Feed
How to Buy Stock in Hecla Mining Co
To reiterate, here are the 6 steps to buy Hecla Mining Co stock:
- Decide where to buy Hecla Mining Co stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Hecla Mining Co stock
- Make your HL trade
- Watch your HL investment
If you are looking for a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Hecla Mining Co, click the button below.
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