Hecla Mining Co (NYSE:HL) Passes Minervini Trend Template with High Growth Momentum

HECLA MINING CO (NYSE:HL) has become a significant candidate through a screening method that joins Mark Minervini's Trend Template with High Growth Momentum standards. This two-part method finds companies displaying solid technical momentum together with quickening fundamental growth, a plan made to locate stocks set for possible strong performance. The Minervini system highlights stocks in clear upward trends with better comparative performance, while the growth part centers on earnings speed and revenue increase, forming a strict screen for high-confidence prospects.

Technical Strength and Trend Template Alignment

Hecla Mining shows strong technical traits that match Minervini's Trend Template needs closely. The template's methodical process confirms found stocks display definite upward momentum over various periods, which HL meets through several main measures:

• Price Position Relative to Moving Averages: The present price of $12.99 sits much higher than all main moving averages (50-day: $10.75, 150-day: $7.41, 200-day: $6.94)
• Moving Average Alignment: The 50-day SMA is positioned higher than both the 150-day and 200-day averages, while the 150-day SMA sits above the 200-day SMA
• Trend Direction: All moving averages display upward angles, confirming continued upward momentum
• Price Performance: Shares trade 191% higher than their 52-week low of $4.46 and within 16% of their 52-week high of $15.44
• Relative Strength: With a ChartMill Relative Strength number of 96.49, HL performs better than 96% of all stocks in the database

These technical traits meet the central Minervini idea of finding stocks in clear Stage 2 upward trends, where the chance of continued momentum is greatest. The template's focus on stocks trading close to 52-week highs with solid relative strength helps remove poorer performers while concentrating on market leader candidates.

Fundamental Growth Momentum

Beyond technical strength, Hecla Mining displays the kind of quickening fundamental growth that high-growth investors look for. The company's financial numbers show notable betterment across several areas:

Earnings Growth Acceleration:

• Trailing twelve-month EPS growth of 1,050% year-over-year
• Quarterly EPS growth of 300% in the latest quarter
• Steady quarterly speed increase with growth rates of 200%, 300%, and 400% over the last three quarters
• Current year EPS guesses raised higher by 22% over the past three months

Revenue Expansion:

• TTM revenue growth of 36.3% year-over-year
• Quarterly revenue growth of 23.8% in the most recent period
• Solid past quarterly growth of 34.7%, 55.4%, and 37.9% over earlier quarters
• Complete 4-of-4 revenue beats against analyst forecasts with average beat of 7.1%

Profitability Improvement:

• Quarterly profit margin widening from 0.66% to 18.93% over the past year
• Free cash flow per share growth of 174% year-over-year
• Shown operational leverage as revenue growth changes to bottom-line betterment

This fundamental speed increase matches Minervini's focus on companies having "earnings explosions" that often come before major price gains. The joining of technical strength with fundamental speed increase makes a strong setup where bettering business basics possibly power continued price momentum.

Market Context and Relative Strength

Inside the metals and mining industry, Hecla Mining is notable with special comparative traits. The stock performs better than 85% of its industry friends while keeping solid absolute performance. The present market situation, with both near-term and long-term S&P 500 trends good, gives a helpful background for momentum plans. HL's high relative strength number points to institutional buying and market leadership, main parts of the Minervini method that tries to find stocks likely to keep performing well.

Technical Assessment Summary

According to ChartMill's technical study report, Hecla Mining gets a solid technical score of 9 out of 10, showing very good technical condition across several periods. The report states both near-term and long-term trends stay positive, with the stock trading in the higher part of its 52-week range. While the setup quality score of 5 indicates some price movement in recent trading, the overall technical view stays solid with clear support areas found between $12.80-$12.98 and at $6.75.

Detailed technical analysis for HL gives more understanding into support levels, volume habits, and possible entry points for traders using the Minervini plan.

Screening Methodology and Additional Opportunities

The joining of Minervini's Trend Template with High Growth Momentum standards forms a strong screening method for finding stocks with both technical and fundamental momentum. This process tries to catch companies in the first parts of major price moves pushed by bettering business basics.

Discover additional high-growth momentum stocks meeting the Minervini criteria through our specific screening tools.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute investment advice. The Minervini strategy involves significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a qualified financial advisor before making investment decisions.