Hecla Mining Co. (HL, Financial) is scheduled to release its second-quarter 2017 financial results before the market opens on Aug. 3.
For the quarter, analysts expect Hecla Mining to post adjusted EPS of one cent on average, an 85.7% decrease from the comparable quarter of 2016.
The EPS estimate is the average of eight analysts surveyed. It ranges between a loss of two cents and a high of five cents.
Source: Yahoo finance
The revenue forecast is $140.1 million on average, which is the mean of five analysts surveyed and represents a 18.2% decrease from a year ago.
Source: Yahoo Finance
The mining company is engaged in the production and sale of gold and silver in unrefined bullion bars to traders of precious metals. The company is also committed to enhancing shareholders’ long-term value through acquisitions of mineral resources and other mining-related activities.
The company has producing assets in Alaska, Idaho, the Canadian province of Quebec and the Mexican state of Durango.Â
As of the first quarter, Hecla Mining had $213.29 million in cash and securities. The total debt amounted to $513.03 million for a total debt-equity ratio of 33.88 versus an industry average of 45.90. The interest coverage ratio of -5.49 falls below the industry average of 1.15, which means the company might have some trouble paying interest expenses on the outstanding debt.
GuruFocus gives Hecla Mining a financial strength rating of 6 out of 10 and a profitability and growth rating of 7 out of 10.
Hecla Mining is currently trading around $5.29 per share with a market capitalization of $2.09 billion, a price-book (P/B) ratio of 1.38, a price-earnings (P/E) ratio of 21.40 and a price-sales (P/S) ratio of 3.18.
Over the trailing 12 months, Hecla Mining generated $244.87 million in operating cash flow for a levered free cash flow of $84.67 million. This is the amount of cash left after the miner has paid dividends and met other financial obligations to run the business.
According to the most recent data available, Hecla Mining distributes an annual dividend of 1.2 cents per share through quarterly payments of 0.003 cents for a dividend yield of 0.19%.
As of today, Hecla Mining's average target price is $6.28 per share, which ranges between a low of $5 and a high $8.50 per share. This represents an 18.7% upside to the stock's current market value.
Disclosure: I have no positions in Hecla Mining Co.
