Hecla Mining Company HL
- Market cap
- $12.1B
- P/E
- 36.4×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.45 | 3.43 | 2.17 | 1.21 | 1.40 | 4.50 | 3.41 | 3.55 | 3.33 | 4.46 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 7.64 | 6.78 | 4.63 | 3.51 | 6.79 | 9.44 | 7.66 | 7.00 | 7.68 | 21.19 |
High Price
|
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| 1,396 | 1,431 | 1,714 | 1,622 | 1,522 | 1,650 | 1,850 | 1,775 | 1,830 | 1,865 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Revenue/Emp
|
|||
| 646 | 578 | 567 | 673 | 692 | 807 | 719 | 720 | 930 | 1,423 |
Revenue
|
|||
| 28.49% | 26.39% | 13.95% | 5.02% | 23.28% | 26.97% | 16.16% | 15.68% | 21.31% | 43.72% |
Gross Margin
|
|||
| 90 | (8) | (33) | (113) | (1) | 6 | (45) | (83) | 66 | 479 |
EBT
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| 13.88% | (1.31%) | (5.87%) | (16.82%) | (0.18%) | 0.68% | (6.25%) | (11.52%) | 7.12% | 33.67% |
EBT Margin
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| 62 | (29) | (27) | (95) | (9) | 35 | (37) | (84) | 36 | 322 |
Net Income
|
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| 127 | 128 | 143 | 199 | 155 | 173 | 145 | 164 | 190 | 166 |
Depreciation
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| 1.67 | 1.45 | 1.31 | 1.37 | 1.31 | 1.51 | 1.29 | 1.19 | 1.50 | 2.18 |
Revenue/Sh
|
|||
| 0.18 | (0.06) | (0.06) | (0.20) | (0.02) | 0.06 | (0.07) | (0.14) | 0.06 | 0.49 |
Earnings/Sh
|
|||
| 0.58 | 0.29 | 0.22 | 0.25 | 0.34 | 0.41 | 0.16 | 0.12 | 0.35 | 0.86 |
Cash Flow/Sh
|
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| (0.43) | (0.25) | (0.31) | (0.25) | (0.17) | (0.20) | (0.27) | (0.37) | (0.34) | (0.39) |
Capex/Sh
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| 0.16 | 0.05 | (0.09) | 0.00 | 0.17 | 0.21 | (0.11) | (0.24) | 0.01 | 0.48 |
Free CF/Sh
|
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| 3.83 | 3.68 | 3.90 | 3.45 | 3.25 | 3.28 | 3.55 | 3.25 | 3.29 | 3.98 |
Book Value/Sh
|
|||
| 386 | 397 | 433 | 490 | 527 | 536 | 557 | 606 | 621 | 652 |
Shares
|
|||
| 34.03 | 0.00 | 0.00 | 0.00 | 0.00 | 82.46 | 0.00 | 0.00 | 92.99 | 39.16 |
PE Ratio
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| 3.29 | 2.92 | 1.80 | 2.47 | 4.94 | 3.47 | 4.39 | 3.94 | 3.28 | 8.79 |
PS Ratio
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| 1.44 | 1.15 | 0.60 | 0.98 | 1.99 | 1.59 | 1.59 | 1.44 | 1.49 | 4.83 |
PB Ratio
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| 3.77 | 3.42 | 2.71 | 3.15 | 5.51 | 3.86 | 4.98 | 4.72 | 3.83 | 8.79 |
EV/Sales
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| 39.97 | 108.38 | (38.13) | (5,707.29) | 42.31 | 27.70 | (60.89) | (23.12) | 650.49 | 40.22 |
EV/FCF
|
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| 225 | 116 | 94 | 121 | 181 | 220 | 90 | 75 | 218 | 563 |
Op' Cash Flow
|
|||
| (164) | (98) | (135) | (121) | (91) | (108) | (149) | (223) | (213) | (252) |
Capex
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| 61 | 18 | (40) | 0 | 90 | 112 | (59) | (147) | 5 | 311 |
FCF
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| 165 | 209 | 28 | 62 | 137 | 181 | 89 | 103 | 16 | 398 |
Working Cap'
|
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| 507 | 514 | 546 | 523 | 526 | 524 | 527 | 653 | 543 | 269 |
Total Debt
|
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| 308 | 295 | 518 | 460 | 396 | 314 | 422 | 547 | 516 | (33) |
Net Debt
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| 1,480 | 1,461 | 1,691 | 1,692 | 1,714 | 1,761 | 1,979 | 1,968 | 2,040 | 2,592 |
Sh' Equity
|
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| 2.66% | (1.23%) | (1.07%) | (3.57%) | (0.38%) | 1.27% | (1.34%) | (2.86%) | 1.18% | 9.82% |
ROA
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| 3.82% | 2.14% | (1.11%) | (1.36%) | 1.98% | 2.51% | (0.32%) | (1.11%) | 2.60% | 12.57% |
ROIC
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| 4.33% | (1.98%) | (1.72%) | (5.64%) | (0.59%) | 1.99% | (2.03%) | (4.30%) | 1.76% | 13.87% |
ROE
|
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Hecla Mining Company peers in Other Precious Metals & Mining
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BVN Buenaventura Mining Company Inc. | $8.3B | 7.3× | Compare |
| SBSW Sibanye Gold Limited | $7.5B | 14.8× | Compare |
| TFPM Triple Flag Precious Metals Corp. | $6.6B | 21.2× | Compare |
| PPTA Perpetua Resources Corp. | $2.9B | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SLSR Solaris Resources Inc. | $1.2B | 0.0× | Compare |
| MUX McEwen Inc. | $1.1B | 13.9× | Compare |
| ASM Avino Silver | $1.0B | 21.2× | Compare |
| MTA Metalla Royalty & Streaming Ltd. | $962.1M | 0.0× | Compare |
Hecla Mining Company (HL) key facts
- Hecla Mining Company (HL) is an Other Precious Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
- Hecla Mining Company’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 53.0% from fiscal 2024.
- Net income was $321.7 million, or $0.49 per share (basic), a net margin of 22.6%.
- As of September 25, 2026, HL traded at $18.19, a market capitalization of $12.1 billion.
- At that price the stock trades at 36.4× trailing-twelve-month earnings and 7.0× sales.
- Hecla Mining Company pays an annual dividend of $0.03 per share, a yield of 0.84%, with a payout ratio of 116.7%.
- Return on equity was 13.9% and debt-to-equity 0.00.
Hecla Mining Company (HL) Latest News
24 Sep
Coeur Mining's two new mines, New Afton and Rainy River, are contributing to strong current cash flow but are behind ramp-up plans. Q2 2026 free cash flow was a record $388 million, about $175 million from the new mines. Full-year 2026 free cash flow guidance is $1.5 billion (roughly 7.5% of its $19.9 billion market value) under assumed weaker metal prices. Delays persist: New Afton aims for 16,000 tonnes/day by early Q4 (not end of Q2) and Rainy River underground for 5,000 t/d by year-end (not Q3). Despite a $140 million non-cash charge tied to the acquisitions, Coeur remains highly profitable with solid balance sheet—$1.1 billion cash and debt at 3.6% of market value. The key risk is further delays or weaker metals, which could dent the cash forecast and stock performance if markets turn. Mine ramp-up timing and resulting cash flow directly influence valuations of mid-tier miners, potentially affecting HL's relative performance.
17 Sep
By-product credits enable Hecla Mining silver mine cash costs to fall below zero. Lower cash costs via by-products strengthen Hecla Mining margins and operational efficiency.
28 Aug
NVRO Metals achieved successful continuous production demonstration of the NVRO Process on material from Hecla Mining's Greens Creek mine, advancing commercial deployment of the technology. Demonstration of new processing technology on Greens Creek material signals possible future efficiency gains for Hecla operations.
20 Aug
Hecla Mining stock surges this week on improved metal prices and operational gains lifting investor sentiment. Stock price rise signals short-term positive shift in market view of Hecla's performance without indicating major long-term change.
19 Aug
Hecla Mining and Coeur Mining shares surged 13% after a U.S. Treasury buyback plan sparked a rally in precious metals. Treasury buyback plan ignites precious metals rally that lifts Hecla Mining shares and near-term performance.
11 Aug
Hecla Mining (HL) released its Q2 2026 earnings call transcript covering financial results, operations, and outlook. Earnings transcripts disclose quarterly performance metrics that can shift near-term investor views on the company.
8 Aug
Hecla Mining posted higher Q2 silver production and revenue. Management cited cost cuts, operational gains at Lucky Friday and Keno Hill mines, and reaffirmed full-year output targets while noting stable liquidity and ongoing project expansions. Quarterly results and guidance updates can shift near-term sentiment and valuation but rarely alter long-term trajectory on their own.
6 Aug
Hecla Mining (HL) could be 33% undervalued based on strong Q2 results that reframe its fair value. Strong Q2 results trigger fair value reframe pointing to substantial undervaluation that may lift investor sentiment and stock trajectory.
Hecla Mining posts strong Q2 profits and reaches debt-free status, triggering a 16.9% stock price increase. Strong Q2 profits combined with complete debt elimination strengthen financial position and support higher valuation.
5 Aug
Hecla Mining Co reported record free cash flow in Q2 2026 earnings call alongside strategic initiatives. Record free cash flow and strategic moves signal strong performance likely to boost Hecla Mining valuation and outlook.
Hecla Mining stock rises as strong earnings reports bolster broader market performance and investor confidence. Strong earnings directly enhance financial results and shift market sentiment for the company.
4 Aug
Hecla Mining Company releases second quarter 2026 financial results. Quarterly results supply updated financial metrics that can shift near-term investor views on operations and valuation.
29 Jul
Hecla Mining reports excellent Q2 2026 exploration results at Keno Hill, new veins discovered at Midas, and positive definition results at Greens Creek. New vein discoveries and strong exploration results expand resource potential and improve long-term production outlook at core assets.
1 Jul
Hecla Mining shifts focus to silver, leaving HL stock potentially 7% undervalued. Silver focus shift may moderately alter investor sentiment and valuation without transforming core operations.
30 Jun
Hecla Mining (HL) joins Russell 1000 and Midcap indices. Index inclusion can lift passive inflows and visibility without changing operations or fundamentals.
Silver prices hit a critical 'now or never' level. Hecla Mining Company stands out as best positioned among miners to gain if the metal rebounds. Silver price rebound would directly lift Hecla Mining revenue and share performance as a leading primary silver producer.
24 Jun
Silver prices crash to over 6-month lows but an analyst sees very limited downside for Hecla Mining. Silver price drop directly hits Hecla Mining revenue outlook while analyst assessment caps further downside pressure.
18 May
Hecla Mining eliminates all debt and sharpens its silver focus by accelerating exploration programs at key assets. Debt-free balance sheet plus expanded silver exploration materially improves financial flexibility and long-term production outlook.
10 May
Hecla Mining Company (HL) released highlights from its Q1 earnings call, covering financial results, operational updates, and forward guidance. Q1 earnings call highlights detail financial performance, production metrics, and strategic outlook, significantly impacting investor sentiment and stock trajectory.
Hecla Mining (HL) reports record free cash flow and transitions to a debt-free balance sheet, prompting a valuation review. Record free cash flow and debt-free status represent major financial improvements that bolster HL's stability and market performance.
9 May
Hecla Mining (HL) sells Casa Berardi mine, achieving debt-free status and cash generation, potentially reshaping its market narrative. Becoming debt-free and cash-generative via the Casa Berardi sale represents a major strategic pivot strengthening financial health and investor appeal.
6 May
Hecla Mining (HL) released the transcript of its Q3 2025 earnings call, detailing financial results, operational updates, and forward guidance. Q3 2025 earnings call transcript discloses quarterly financials, production metrics, and outlook that significantly shape investor expectations and stock trajectory.
Hecla Mining (HL) Q1 2026 earnings call transcript released, detailing quarterly financial results, operational updates, and management guidance. Quarterly earnings transcripts disclose financial performance, production metrics, and strategic outlook that significantly influence stock price and investor expectations.
Hecla Mining demonstrates ESG progress and reveals valuation insights following release of its 2025 Sustainability Report. ESG advancements in sustainability reporting moderately boost Hecla Mining's investor sentiment and competitive positioning amid mining sector scrutiny.
Hecla Mining Company released Q1 2026 earnings call summary highlighting quarterly financial results, operational updates, and future outlook. Q1 earnings call summary reveals financial performance and guidance that moderately influences investor sentiment and stock trajectory.
5 May
Hecla Mining Company reported first quarter 2026 results. Quarterly earnings results directly impact financial performance, production metrics, and investor sentiment for Hecla Mining.
Hecla Mining (HL) Q1 earnings and revenues missed analyst estimates. Q1 earnings and revenues lagging estimates signal weaker financial performance with moderate effects on investor sentiment and stock trajectory.
30 Apr
Hecla Mining Company to report Q1 results soon, with focus on silver and gold production updates, costs, financials, and potential stock price reactions based on meeting or missing expectations. Upcoming Q1 earnings report expected to influence financial performance views and short-term stock sentiment without fundamentally altering long-term trajectory.
23 Apr
Hecla Mining Company's tailings testing raises questions about its future value and valuation. Tailings testing concerns could moderately impact financial performance through potential cleanup costs and valuation adjustments.
22 Apr
EnviroGold Global advances its Greens Creek Project toward commercial validation, targeting precious metals recovery from tailings at Hecla Mining's key silver mine. Advancement of tailings recovery at Hecla's flagship Greens Creek mine enables potential new revenue without major capital outlay.