Hecla Mining Company (HL) vs Metalla Royalty & Streaming Ltd. (MTA)

Hecla Mining Company and Metalla Royalty & Streaming Ltd. are both Other Precious Metals & Mining companies. Hecla Mining Company is the larger, with a market value of $12.1B against $962.1M — 12.5× the size. Metalla Royalty & Streaming Ltd. has negative trailing earnings, so its P/E is not meaningful; Hecla Mining Company trades at 36.4×. Metalla Royalty & Streaming Ltd. grew revenue faster over the last twelve months: 91.1% against 89.8%. Hecla Mining Company has the higher net margin (19.1% vs −2.82%) and the higher return on invested capital (22.1% vs 0.64%). Both pay a dividend; Hecla Mining Company yields more (0.84% vs 0.38%). Across the 21 metrics below, Hecla Mining Company leads on 17 and Metalla Royalty & Streaming Ltd. on 4.

Valuation

Metric HL MTA Other Precious Metals & Mining median
P/E 36.38 n/m 18.01
P/S 7.00 60.28 7.00
P/B 4.56 3.68 2.46
Price to free cash flow 25.14 339.36 58.16
EV/EBITDA 12.35 205.51 12.47
EV/Sales 6.74 61.11 5.74
Earnings yield 2.75% (0.12%) 2.75%
Free cash flow yield 3.98% 0.29% 0.51%

Profitability

Metric HL MTA Other Precious Metals & Mining median
Gross margin 51.99% 87.07% 39.51%
Operating margin 44.62% 16.80% 25.20%
Net margin 19.12% (2.82%) 5.02%
Free cash flow margin 27.83% 17.76% 2.55%
Return on equity 13.37% (0.17%) 13.37%
Return on assets 10.27% (0.16%) 3.84%
Return on invested capital 22.11% 0.64% 5.28%

Growth

Metric HL MTA Other Precious Metals & Mining median
Revenue growth (TTM) 89.76% 91.12% 54.39%
EPS growth (last fiscal year) 716.67% 16.67% —
Revenue growth, 5-year CAGR 15.51% 37.70% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HL MTA Other Precious Metals & Mining median
Debt to equity 0.00 0.05 0.00
Current ratio 5.20 4.50 5.20
Net debt to EBITDA (0.05) 1.09 0.28

Dividend

Metric HL MTA Other Precious Metals & Mining median
Dividend yield 0.84% 0.38% 1.64%
Payout ratio 1.17 0.00 0.00

Size

Metric HL MTA Other Precious Metals & Mining median
Market cap 12.06b 962.11m 1.03b

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