Hecla Mining Company's (HL, Financial) options activity experienced a notable uptick, with 8,045 call contracts traded, which is twice the anticipated volume. This heightened activity has led to an increase in the company's implied volatility, which has risen by over one point to reach 60.13%.
The most actively traded options are the April 2025 $6 calls and the January 2026 $10 calls, with both strikes accounting for nearly 2,400 contracts combined. This heavy trading activity highlights a strong bullish sentiment in the market regarding Hecla Mining's future performance.
The Put/Call Ratio, a key indicator used to assess the market's sentiment, stands at a low 0.14, further underscoring the optimistic outlook among traders. Investors are particularly focused on the upcoming earnings report, expected on May 7th, which could provide further insights into the company's financial health and operational strategy.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Hecla Mining Co (HL, Financial) is $7.43 with a high estimate of $11.50 and a low estimate of $6.00. The average target implies an upside of 22.83% from the current price of $6.05. More detailed estimate data can be found on the Hecla Mining Co (HL) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Hecla Mining Co's (HL, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Hecla Mining Co (HL, Financial) in one year is $6.33, suggesting a upside of 4.71% from the current price of $6.045. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Hecla Mining Co (HL) Summary page.
