| The Casual Investor | ||||||||||||
| Investing tips for those who are not yet rich | ||||||||||||
Stock Pick 1/13/2008: HL
Today's pick is Hecla Mining (HL). HL has a quick ratio of 4.5 and a current ratio of 5.3, their profitability is far above average, and their market cap is $1.25B. The return on equity is a bit low for my tastes, and the average price ratio is somewhat higher than I'd like. However, that price ratio is fairly close to 10, and 20 is the maximum for any decent buy. Given their financial strength ratios and their profitability, HL seems like a solid bet right now. 2008-01-14 08:39:38 GMT
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