Hecla Mining Company (NYSE:HL) – Equities researchers at FBR & Co. cut their FY2017 earnings estimates for shares of Hecla Mining Company in a research report issued on Thursday, according to Zacks Investment Research. FBR & Co. analyst L. Pipes now expects that the firm will earn ($0.01) per share for the year, down from their prior estimate of $0.02. FBR & Co. also issued estimates for Hecla Mining Company’s FY2018 earnings at $0.06 EPS.

Hecla Mining Company (NYSE:HL) last announced its quarterly earnings results on Wednesday, November 4th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by $0.01. The firm earned $104.90 million during the quarter, compared to analyst estimates of $112.11 million. The company’s revenue for the quarter was down 22.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.01 EPS.

HL has been the topic of a number of other reports. Zacks Investment Research upgraded Hecla Mining Company from a “sell” rating to a “hold” rating in a research note on Thursday, January 14th. BMO Capital Markets upgraded Hecla Mining Company from an “underperform” rating to an “outperform” rating in a research note on Wednesday, November 4th. Roth Capital dropped their price objective on Hecla Mining Company from $3.50 to $3.25 and set a “buy” rating on the stock in a research note on Wednesday, October 21st. dropped their price objective on Hecla Mining Company from $3.50 to $3.25 and set a “buy” rating on the stock in a research note on Wednesday, October 21st. Finally, CIBC dropped their price objective on Hecla Mining Company from $3.50 to $2.85 in a research note on Thursday, October 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $2.87.

Shares of Hecla Mining Company (NYSE:HL) traded up 6.90% during mid-day trading on Friday, hitting $1.86. The stock had a trading volume of 6,693,650 shares. The stock’s market cap is $703.29 million. The firm has a 50 day moving average of $1.83 and a 200 day moving average of $2.03. Hecla Mining Company has a one year low of $1.45 and a one year high of $3.50.

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 Idaho’s Silver Valley, which is located in Coeur d’Alene Mining District; Greens Creek unit on Alaska’s 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 (NYSE:HL) 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.

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