EU and US could reach trade deal this weekend - Reuters
Hecla Mining Co. (NYSE:HL), currently valued at $3.3 billion, saw its Senior Vice President and Chief Operating Officer, Carlos Roberto Aguiar Rodriguez, execute a notable stock transaction recently. According to a Form 4 filing with the Securities and Exchange Commission, Aguiar sold 5,170 shares of common stock on February 26, 2025. The shares were sold at $5.18 each, totaling $26,780. InvestingPro data shows the stock has demonstrated significant volatility, with a 48% return over the past year despite recent price fluctuations.
This sale was conducted to cover tax liabilities related to a 2022-2024 Long-term Incentive Plan award. Following the transaction, Aguiar holds a total of 137,178 shares, including 60,378 shares directly and 76,800 unvested restricted stock units. With analyst targets ranging from $6.50 to $11.50 per share, InvestingPro subscribers can access detailed valuation metrics and 8 additional key insights about Hecla’s financial health and growth prospects.
In addition to the sale, Aguiar acquired 14,445 shares at no cost as part of the same long-term incentive plan, and 6,324 shares were added to his 401(k) plan, also at no cost. These transactions reflect Aguiar’s ongoing involvement in the company’s equity compensation programs, occurring as Hecla demonstrates strong revenue growth of 29% in the last twelve months and maintains a solid financial health score according to InvestingPro analysis.
In other recent news, Hecla Mining Company reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $0.02, which missed analysts’ forecast of $0.06. However, the company exceeded revenue expectations, achieving $249.66 million against a forecast of $240.77 million. Hecla Mining also disclosed in an SEC filing that it sold over 23 million shares and registered an additional 36 million for potential sale, as part of an Equity Distribution Agreement with financial institutions such as BMO Capital Markets and J.P. Morgan Securities.
The company achieved record revenues exceeding $900 million for the year 2024, driven by strong silver and gold sales. Hecla’s strategy includes reinvesting in infrastructure and evaluating potential asset divestments, notably at its Casa Berardi site. Looking forward, Hecla aims to further reduce its net leverage ratio below 1x, indicating a focus on strengthening its financial position. Additionally, the company has set a 2025 silver production guidance of 15.5 to 17 million ounces.
Analysts from firms like B. Riley Securities have inquired about Hecla’s strategic plans, including the potential sale of assets like Casa Berardi to support deleveraging efforts. The company continues to face challenges, such as permitting issues at Keno Hill, which it is addressing in collaboration with the Yukon government. These developments provide investors with updated information on Hecla Mining’s performance and strategic direction.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.