HL - Sector: Basic Materials---Industry: Gold & Silver

[setravis]

Profile:  


Hecla Mining Co.
6500 North Mineral Drive
Suite 200
Coeur d'Alene, ID 83815-9408
United States - Map
Phone: 208-769-4100
Fax: 208-769-7612
Web Site: http://www.hecla-mining.com

DETAILS  
Index Membership: N/A
Sector: Basic Materials
Industry: Silver
Full Time Employees: 1,163


BUSINESS SUMMARY  
Hecla Mining Company, a precious metals company, engages in the discovery, acquisition, development, production, and marketing of mineral resources. The company involves in the exploration and development of mineral properties, as well as in the mining and processing of silver, gold, lead, and zinc. It has 100% interest in the Lucky Friday unit located in northern Idaho; 29.73% interest in the Greens Creek unit located on Admiralty Island, near Juneau, Alaska; 100% interest in the La Camorra unit located in the eastern Venezuelan state of Bolivar; and 100% interest in the San Sebastian unit located in the state of Durango, Mexico. The company produces and sells metal concentrates to custom smelters on contract; and unrefined gold and silver bullion bars directly to customers or further refines before sale to precious metals traders. Hecla Mining was founded in 1891 and is headquartered in Coeur d'Alene, Idaho.

[setravis]

HL strong action, Big jump today ! Long Term Value, stock is a good long term hold !
HL another nice day! Closed near its high of the day.
No Long term debt, price to book is not low either, but net profits are good,
a real high net profit and millions of dollars of cash.
I don't see this stock stopping its charge anytime soon.
I think the way it is behaving reminds me that some big money interests are supporting the price here...
My read of chart and fundamentals is that it has further upside potential.



52wk Range: 6.05 - 9.91
Volume: 7,239,300
Avg Vol (3m): 2,437,580
Market Cap: 1.35B
P/E (ttm): 25.18
EPS (ttm): 0.444

Technicals
Record Price High
Gap Up
Percentage Gainer

Last Price Quote is:
21.14%above 13-day MA
28.52%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on Nov 8

Key Data:
Market Cap (M): $1,165.86 
P/E Ratio: 21.83 
PEG Ratio: N/A 
Next Earnings: 11/08/2007
Last Analyst Rating: Sector Perform

[setravis]

Company, has been upgraded to a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position, compelling net income growth, notable return on equity, expanding profit margins and good cash flow from operations. While no company is perfect, do not currently see any significant weaknesses that are likely to detract from the generally positive outlook.

Third-quarter net income applicable to common shareholders totaled $12.4 million, or 10 cents a share, up from $900,000, or one cent a share, a year ago. Net operating cash flow has significantly increased by 104.59% over a year ago to $22.61 million and the company has vastly surpassed the industry average cash flow growth rate of 37.27%. Hecla Mining had been rated a hold since August.


52wk Range: 6.35 - 12.25
Volume: 4,431,697
Avg Vol (3m): 2,443,440
Market Cap: 1.47B
P/E (ttm): 22.62
EPS (ttm): 0.54

Technicals
Record Price High
Percentage Gainer

Last Price Quote is:
13.53%above 13-day MA
28.02%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $1,345.45 
P/E Ratio: 20.71 
PEG Ratio: N/A 
Next Earnings: 02/20/2008
Last Analyst Rating: Sector Perform

[setravis]

AP
Hecla Mining sells $25 million in Venezuela assets
Friday June 20, 2:59 am ET 
Hecla Mining Co. sells $25 million in Venezuela assets


CARACAS, Venezuela (AP) -- Hecla Mining Co. says it is selling its subsidiaries in Venezuela to Rusoro Mining Ltd. in a deal worth $25 million.
The company says Rusoro, of Vancouver, British Columbia, will pay $20 million and give up Rusoro stock worth $5 million to purchase assets including leases for the Isidora gold mine and La Camorra mining facility in southeastern Venezuela.

The transaction depends upon regulatory approval.

Coeur d'Alene, Idaho-based Hecla made the announcement Thursday.

Venezuela's Mining Ministry recently said the government was considering rescinding Hecla's concessions over a labor dispute that interrupted operations at the Isidora mine.

[setravis]

One could be Bottom fishing here...
Time for a move north. MACD bottoming.
It makes enough off gold production that it's actual cost per ounce of silver production is negative. Increasing capacity and free cash flow.


52wk Range: 6.58 - 13.14
Volume: 4,489,863
Avg Vol (3m): 2,877,130
Market Cap: 1.03B
P/E (ttm): 17.47
EPS (ttm): 0.46
Div & Yield: N/A (N/A)

Technicals
Percentage Gainer

Last Price Quote is:
-4.26%below 13-day MA
-15.21%below 50-day MA
RS Rating: 11 

Fundamentals
Key Data:
Market Cap (M): $1,084.01 
P/E Ratio: 18.41 
PEG Ratio: 3.5 
Next Earnings: 08/06/2008
Last Analyst Rating: Outperform

[setravis]

Trading up in the pre-market
HECLA MINING CO(NYQ: HL)
NEW Pre-market Real-time: 1.88  0.05 (2.73%) 8:51am ET
Volume @ 4,091,380

[setravis]

updated chart look...

[setravis]

updated chart look...

[setravis]

Stop $2.85. Hecla Mining - silver. Pulled back into buy range.
Oversold in an uptrend.

52wk Range: 0.99 - 7.39
Volume: 6,589,622
Avg Vol (3m): 7,827,290

Technicals
Close Above the 13-day MA

Last Price Quote is:
1.26%above 13-day MA
7.66%above 50-day MA
RS Rating: 21 

Fundamentals
Key Data:
Market Cap (M): $721.32 
P/E Ratio: 60.20 
PEG Ratio: -4.81333 
Next Earnings: 11/10/2009
Last Analyst Rating: Buy

[setravis]

Just completed their financing, good cash flow, good fundamentals.
I expect this stock to bounce a lot in the next 3 weeks.

52wk Range: 0.99 - 6.78
Volume: 13,822,602
Avg Vol (3m): 8,125,660

Technicals
Close Above the 50-day MA
Close Above the 13-day MA
Percentage Gainer

Last Price Quote is:
3.84%above 13-day MA
5.16%above 50-day MA
RS Rating: 15 

Fundamentals
Key Data:
Market Cap (M): $721.31 
P/E Ratio: 60.20 
PEG Ratio: -4.66667 
Next Earnings: 11/10/2009
Last Analyst Rating: Buy

[setravis]

HL is one of the lowest-cost primary silver producers in North America, producing 8.7 million ounces of silver at an average total cash cost of $4.20 per ounce in 2008. Second-quarter 2009 cash cost-per-ounce declined to $3.38 per ounce compared with $3.43 per ounce in the prior year's comparable period in spite of lower lead and zinc prices which impact by-product credit. This also represents a significant improvement over first-quarter 2009 cash costs of $4.67 per ounce. The improvement was mainly due to greater prices for by-product credits, increased productivity and lower consumable costs.

"Recently, the Company restarted the deep development analysis at Lucky Friday Mine, with a goal of a feasibility study for development and associated infrastructure in the first quarter of 2010. The project has the potential to deliver higher metal production at lower costs, due to the higher grades and wider vein widths. This potential was supported by the highest density of drilling the mine has ever achieved in advance of development and production. Preliminary evaluation indicates grades for all metals are significantly higher than those in HL's current mine plan in the key 6,600 to 7,500 levels."

[setravis]

updated chart look...

[setravis]

The 1 year chart...

[setravis]

Hecla Mining (NYSE: HL) is the largest silver miner in the United States and mines a little bit of gold on the side as an added bonus.

With an average cash cost per ounce forecast between $1.90 and $2.25 per ounce and silver now trading over $24 an ounce, the company is seeing tremendous cash flow.

In the second quarter, it boosted its cash on the balance sheet to $197 million from $116 million. The company also reaffirmed its full year guidance of 10 to 11 million ounces of silver produced.

2010 Estimates Revised

3 estimates have been revised for 2010 in the last month with 2 being lower and 1 higher out of 8 estimates. The Zacks Consensus has actually risen a penny to 24 cents during that time.

This is earnings growth of 18% over 2009. The company is scheduled to report again on Oct 26.

It's P/E is 29?

Hecla might seem expensive at 29x forward earnings and compared to the S&P 500, it is. But it is in line with its peers.

Hecla is a Zacks #3 Rank (hold) stock.

Despite the soaring silver price, Hecla is trading well below its 2008 high.



Gold is still hot, of course, but it just looks like this one is setting up for a pullback. It's made a nice move up and is showing some negative divergences now.
Get in when it makes a clear pullback and sets up for the next leg up. 

Day's Range: 7.94 - 9.00
52wk Range: 4.27 - 9.00
Volume: 26,716,143
Avg Vol (3m): 8,405,620
Market Cap: 2.30B
P/E (ttm): 30.79
EPS (ttm): 0.29
Div & Yield: N/A (N/A)

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
21.59%above 13-day MA
36.12%above 50-day MA
RS Rating: 96 

Below the 6 month chart...

[setravis]

November: Gold Gains 6%, While Silver Soars 20%
Hecla Mining (HL) shows an outstanding move of 54% for the month. Hecla announced an outstanding quarter on October 26th, 2010.

Nov 3 2010   Dec 3 2010   $ Diff.     % Diff.
$ 6.80           $ 10.49         $ 3.69     54%

Silver is definitely rising rapidly, and outpacing the rise of the Gold price. Junior Gold miners are leveraging the gains in the Gold price. Large Gold miners are barely able to keep up with the price of Gold. For large Silver miners, they are moving quickly with their individual stories and some of their moves upwards have been spectacular. The junior Silver miners are continuing their leverage of the Silver price, all dependent upon their individual stories. Silver miners appear to be giving the best gains to astute investors.


Day's Range: 10.63 - 11.05
52wk Range: 4.27 - 11.05
Volume: 18,177,747
Avg Vol (3m): 11,694,900
Market Cap: 2.82B
P/E (ttm): 37.84
EPS (ttm): 0.29
Div & Yield: N/A (N/A)

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
16.22%above 13-day EMA
38.40%above 50-day EMA
RS Rating: 96