Hecla Mining Company (HL) vs McEwen Inc. (MUX)

Hecla Mining Company and McEwen Inc. are both Other Precious Metals & Mining companies. Hecla Mining Company is the larger, with a market value of $12.1B against $1.1B — 10.6× the size. McEwen Inc. trades at the lower P/E: 13.9× against 36.4×. Hecla Mining Company grew revenue faster over the last twelve months: 89.8% against 47.7%. McEwen Inc. has the higher net margin (32.5% vs 19.1%) and the lower return on invested capital (5.28% vs 22.1%). Across the 21 metrics below, Hecla Mining Company leads on 14 and McEwen Inc. on 7.

Valuation

Metric HL MUX Other Precious Metals & Mining median
P/E 36.38 13.88 18.01
P/S 7.00 4.59 7.00
P/B 4.56 1.61 2.46
Price to free cash flow 25.14 180.05 58.16
EV/EBITDA 12.35 12.70 12.47
EV/Sales 6.74 4.73 5.74
Earnings yield 2.75% 7.20% 2.75%
Free cash flow yield 3.98% 0.56% 0.51%

Profitability

Metric HL MUX Other Precious Metals & Mining median
Gross margin 51.99% 30.91% 39.51%
Operating margin 44.62% 25.20% 25.20%
Net margin 19.12% 32.46% 5.02%
Free cash flow margin 27.83% 2.55% 2.55%
Return on equity 13.37% 13.54% 13.37%
Return on assets 10.27% 9.34% 3.84%
Return on invested capital 22.11% 5.28% 5.28%

Growth

Metric HL MUX Other Precious Metals & Mining median
Revenue growth (TTM) 89.76% 47.73% 54.39%
EPS growth (last fiscal year) 716.67% 168.60% —
Revenue growth, 5-year CAGR 15.51% 13.52% 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HL MUX Other Precious Metals & Mining median
Debt to equity 0.00 0.18 0.00
Current ratio 5.20 2.04 5.20
Net debt to EBITDA (0.05) 1.73 0.28

Dividend

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

Size

Metric HL MUX Other Precious Metals & Mining median
Market cap 12.06b 1.14b 1.03b

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