Notable Insider Trading: Hecla Mining Company $HL

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Hecla Mining Company (NYSE:HL) insider have most recently took part in a trading activity. On Dec 7, 2017 Crumley Theodore, Director bought 10,000 shares having total worth of $34,900 at the price of $3.49 per share, following the transaction a total of 126,536 shares owned by Crumley Theodore.

The stock has experienced a total of 1 insider trades in the past three months. These trades include 1 sell activities .Furthermore, over the past 12 months , the stock was traded 2 times by insiders. In 2 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 1 -34.2%
12 Month 0 2 -24.84%

Shares of Hecla Mining Company (NYSE:HL) traded down 1.67% on Dec 6, 2017, hitting $3.54. 3,749,916 shares of the company’s stock traded hands. Hecla Mining Company has a 52 week low of $3.54 and a 52 week high of $7.24. The company’s market cap is $2,160 million.

Hecla Mining Company (NYSE:HL) last announced its earnings results on Nov 7, 2017. The company reported 0.04 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.02 by $0.02. The company had revenue of $141 million for the quarter, compared to the consensus estimate of $153 million. During the same quarter in the previous year, the company posted 0.07 earnings per share. The company’s revenue for the quarter was down 21% on a year-over-year basis.

2017-11-07 2017-08-03 2017-05-08 2017-02-23 2016-11-08 2016-08-04 2016-05-05 2016-02-23 2015-11-04 2015-08-06
earnings per share 0.04 -0.04 0.04 0.03 0.07 0.07 0.02 0.02 -0.05 -0.05
Revenue(M) 140.84 134.28 142.54 164.25 179.39 171.3 131.02 115.34 104.94 104.2

Hecla Mining Company, a Delaware corporation was establsihed in 1891. The Company discovers, acquires, develops, produces and markets concentrates and doré containing silver, gold, lead and zinc. It is organized and managed into two segments: The Greens Creek unit and The Lucky Friday unit. Its segments are differentiated by geographic region. The Company produces zinc, lead and bulk concentrates at its Greens Creek unit and lead and zinc concentrates at its Lucky Friday unit, which it sells to custom smelters on contract, and unrefined silver and gold bullion bars at Greens Creek, which are sold directly to customers or further refined before sale to precious metals traders. The Greens Creek unit is 100%-owned by the Company. The Greens Creek orebody contains silver, zinc, gold and lead, and lies adjacent to the Admiralty Island National Monument, an environmentally sensitive area. The Greens Creek property includes 639 unpatented lode mining claims, 58 patented lode claims and one patented mill site claim, in addition to property leased from the U.S. Forest Service. It also has title to mineral rights on 7,301 acres of federal land adjacent to the properties. The entire project is accessed by boat and served by 13 miles of road and consists of the mine, an ore concentrating mill, a tailings impoundment area, a ship-loading facility, camp facilities and a ferry dock. The Lucky Friday unit is located in northern Idaho. It is 100%-owned by the Company. The main mining method at the Lucky Friday unit is ramp access, cut and fill. This method utilizes rubber-tired equipment to access the veins through ramps developed outside of the ore body. Once a cut is taken along the strike of the vein, it is backfilled with cemented tailings and the next cut is accessed, either above or below, from the ramp system. The ore produced from Lucky Friday is processed in a conventional lead/zinc flotation flow sheet, with process control guided by a real-time on-line analyzer. The Company competes with other companies both within and outside the mining industry in connection with the recruiting and retention of qualified employees knowledgeable of the mining business. The Company’s business is subject to U.S. and foreign, federal, state and local laws and regulations governing development, production, labor standards, occupational health, waste disposal, and use of toxic substances, environmental regulations, mine safety and other matters.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.