These 10 Firms Were Heavily Hit on Friday

4. Hecla Mining Company (NYSE:HL)

Hecla Mining fell for a second day on Friday, losing 14.60 percent to end at $5.44 apiece as investors sold off positions after the company missed analysts’ earnings expectations.

Despite impressive earnings performance for the fourth quarter and full year 2024, investors focused on the company missing earnings per share targets, registering only 2 cents as compared with the 6 cents expected by analysts.

For the last quarter of 2024, HL swung to an attributable net income of $11.8 million as compared with a $43-million net loss in the same period a year earlier. It also registered a net profit of $35 million in full-year 2024, reversing an $84-million net loss in 2023.

Sales in the said quarter increased by 55 percent to $249 million from $160 million year-on-year, while that of full-year 2024 increased 29 percent to $929 million from $720 million.