The market has been high on Hecla Mining Company (HL) stock recently. HL gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With HL Stock Today?
Hecla Mining Company (HL) stock has risen 12.64% while the S&P 500 has fallen -0.14% as of 1:58 PM on Monday, Feb 22. HL is up $0.77 from the previous closing price of $6.09 on volume of 9,694,528 shares. Over the past year the S&P 500 has gained 20.93% while HL is up 120.58%. HL lost -$0.03 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Hecla Mining Company click here.
More About Hecla Mining Company
Hecla Mining Co produces and explores for silver, gold, lead, and zinc. Its main silver mines include Idaho-based Lucky Friday and Greens Creek in Alaska. Hecla acquired 100% of the Greens Creek from Rio Tinto in April 2008, after holding a 29% interest for 20 years. The acquisition doubled the company's silver production. The operating business segments are the Greens Creek unit, the Lucky Friday unit, the Casa Berardi unit, and the San Sebastian unit.
Click Here to get the full Stock Score Report on Hecla Mining Company (HL) Stock.
