Canaccord Genuity analyst Dalton Baretto maintained a Hold rating on Hecla Mining Company (NYSE:HL) on Thursday, setting a price target of $5.5, which is approximately 8.27% above the present share price of $5.08.
Baretto expects Hecla Mining Company to post earnings per share (EPS) of -$0.03 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Hecla Mining Company, with an average price target of $7.07.
The analysts price targets range from a high of $11 to a low of $5.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $166.36 million and a net profit of $22.1 million. The company's market cap is $2.72 billion.
According to TipRanks.com, Canaccord Genuity analyst Dalton Baretto is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.9% and a 58.78% success rate.
Hecla Mining Co. operates as a silver and gold production company. It produces lead, zinc and bulk concentrates for custom smelters and brokers; and develops unrefined precipitate and bullion bars for precious metals traders. It operates through the following business segments: Greens Creek, Lucky Friday, Casa Berardi, Nevada Operations and San Sebastian. The Greens Creek segment is located on Admiralty Island, Junea, Alaska. The Lucky Friday segment is located in northern Idaho. The Casa Berardi segment is located in the Abitibi region of northwestern Quebec, Canada and is operated by Aurizon. The San Sebastian segment is located in the state of Durango, Mexico and contains underground mines. The company was founded by Amasa B. Campbell, Patsy Clark and John Finch on October 14, 1891 and is headquartered in Coeur d'Alene, ID.