A Director at Hecla Mining Company (NYSE: HL) is Buying Shares

By Carrie Williams

Today, a Director at Hecla Mining Company (NYSE: HL), Theodore Crumley, bought shares of HL for $34.9K.

This recent transaction increases Theodore Crumley’s holding in the company by 8.58% to a total of $447.9K.

HL’s market cap is $1.41B and the company has a P/E ratio of 56.01. The company has a one-year high of $6.78 and a one-year low of $3.43. Currently, Hecla Mining Company has an average volume of 4.22M.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $5.7, reflecting a -39.3% downside. Nine different firms, including B.Riley FBR and BMO Capital, currently also have a Buy rating on the stock. One of the top 25 analysts, according to TipRanks.com, recently recommended Hold HL with a $5 price target.

The insider sentiment on Hecla Mining Company has been negative according to 34 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hecla Mining Co. operates as a silver and gold producer. It produces lead, zinc and bulk concentrates for custom smelters and brokers; and develops unrefined precipitate and bullion bars for precious metals traders. The company operates its business through the following operating units: Greens Creek, Lucky Friday, Casa Berardi and San Sebastian.