Hecla Stock To Go Ex-dividend Tomorrow (HL)

NEW YORK ( TheStreet) -- The ex-dividend date for Hecla Mining Company (NYSE: HL) is tomorrow, March 13, 2012. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $5.01 as of 9:30 a.m. ET, the dividend yield is 1%.

The average volume for Hecla has been 7.9 million shares per day over the past 30 days. Hecla has a market cap of $1.33 billion and is part of the basic materials sector and metals & mining industry. Shares are down 5.4% year to date as of the close of trading on Friday.

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, produces, and markets precious and base metals worldwide. It offers gold and silver to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters. The company has a P/E ratio of 9.4, below the average metals & mining industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hecla as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Hecla Ratings Report.

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