Hecla Mining Company (HL) : Traders are bullish on Hecla Mining Company (HL) as it has outperformed the S&P 500 by a wide margin of 32.01% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.97%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.48% in the last 1 week, and is up 37.78% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 18.75% and the 50-Day Moving Average is 33.75%.
Hecla Mining Company (NYSE:HL): The stock opened at $6.19 on Friday but the bulls could not build on the opening and the stock topped out at $6.29 for the day. The stock traded down to $6.16 during the day, due to lack of any buying support eventually closed down at $6.20 with a loss of -0.48% for the day. The stock had closed at $6.23 on the previous day. The total traded volume was 6,922,832 shares.
The company Insiders own 1.8% of Hecla Mining Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -31.77% . Institutional Investors own 51.07% of Hecla Mining Company shares. During last six month period, the net percent change held by insiders has seen a change of -31.77%. In a related news, The Securities and Exchange Commission has divulged that Nethercutt George R Jr, director of Hecla Mining Co/De/, had unloaded 40,000 shares at an average price of $5 in a transaction dated on July 1, 2016. The total value of the transaction was worth $200,000.
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company operates in three segments: the Greens Creek, Lucky Friday, and Casa Berardi units. It focuses on its San Sebastian project, which is located in Mexico; North Idahos Silver Valley, which is located in Coeur dAlene Mining District; Greens Creek unit on Alaskas Admiralty Island, which is located near Juneau; the silver-producing district near Durango, which is located in Mexico; the Abitibi region of north-western Quebec, which is located in Canada, and the Creede district of Southwestern Colorado. The Company produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers at its Lucky Friday unit and unrefined bullion bars (dore) containing gold and silver at Greens Creek and Casa Berardi. In addition, the Company owns Rock Creek Project, a silver and copper deposit, which is located in North America.