Hecla Mining Revenue vs. Shares Outstanding
| HL Stock | USD 5.53 0.32 5.47% |
Total Revenue | First Reported 1985-09-30 | Previous Quarter 245.7 M | Current Value 575.7 M | Quarterly Volatility 73.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.1568 |
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For Hecla Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hecla Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hecla Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hecla Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hecla Mining over time as well as its relative position and ranking within its peers.
Hecla |
Hecla Mining's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hecla Mining. If investors know Hecla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Dividend Share 0.04 | Earnings Share (0.03) | Revenue Per Share 1.364 | Quarterly Revenue Growth 0.347 |
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hecla Mining Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hecla Mining's current stock value. Our valuation model uses many indicators to compare Hecla Mining value to that of its competitors to determine the firm's financial worth. Hecla Mining is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about 0.88 of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for Hecla Mining is roughly 1.13 . At this time, Hecla Mining's Total Revenue is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hecla Mining by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Hecla Revenue vs. Competition
Hecla Mining is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 1.75 Billion. Hecla Mining totals roughly 720.23 Million in revenue claiming about 41% of all equities under Materials industry.
Hecla Shares Outstanding vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hecla Mining |
| = | 720.23 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Hecla Mining |
| = | 637.01 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Hecla Shares Outstanding Comparison
Hecla Mining is currently under evaluation in shares outstanding category among its peers.
Hecla Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hecla Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hecla Mining will eventually generate negative long term returns. The profitability progress is the general direction of Hecla Mining's change in net profit over the period of time. It can combine multiple indicators of Hecla Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 5.8 M | 6.1 M | |
| Operating Income | -44.7 M | -42.4 M | |
| Income Before Tax | -83 M | -78.8 M | |
| Total Other Income Expense Net | -38.3 M | -36.4 M | |
| Net Loss | -84.2 M | -80 M | |
| Income Tax Expense | 1.2 M | 1.3 M | |
| Net Loss | -34.1 M | -32.4 M | |
| Net Loss | -45.7 M | -43.4 M | |
| Non Operating Income Net Other | -4.8 M | -4.6 M | |
| Interest Income | 46.4 M | 35.8 M | |
| Net Interest Income | -42.2 M | -44.3 M | |
| Change To Netincome | -11.5 M | -10.9 M | |
| Net Loss | (0.14) | (0.15) | |
| Income Quality | (0.90) | (0.85) | |
| Net Income Per E B T | 1.01 | 0.98 |
Hecla Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hecla Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hecla Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hecla Mining's important profitability drivers and their relationship over time.
Use Hecla Mining in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hecla Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hecla Mining will appreciate offsetting losses from the drop in the long position's value.Hecla Mining Pair Trading
Hecla Mining Pair Trading Analysis
The ability to find closely correlated positions to Hecla Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hecla Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hecla Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hecla Mining to buy it.
The correlation of Hecla Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hecla Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hecla Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hecla Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Hecla Mining position
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Check out Risk vs Return Analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
To fully project Hecla Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hecla Mining at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hecla Mining's income statement, its balance sheet, and the statement of cash flows.