Hecla Mining Company (HL) vs Perpetua Resources Corp. (PPTA)

Hecla Mining Company and Perpetua Resources Corp. are both Other Precious Metals & Mining companies. Hecla Mining Company is the larger, with a market value of $12.1B against $2.9B — 4.1× the size. Perpetua Resources Corp. has negative trailing earnings, so its P/E is not meaningful; Hecla Mining Company trades at 36.4×. Hecla Mining Company has the higher net margin (19.1% vs 0.00%) and the higher return on invested capital (22.1% vs −111.4%). Across the 14 metrics below, Hecla Mining Company leads on 12 and Perpetua Resources Corp. on 2.

Valuation

Metric HL PPTA Other Precious Metals & Mining median
P/E 36.38 n/m 18.01
P/S 7.00 n/m 7.00
P/B 4.56 4.08 2.46
Price to free cash flow 25.14 n/m 58.16
EV/EBITDA 12.35 n/m 12.47
EV/Sales 6.74 n/m 5.74
Earnings yield 2.75% (8.60%) 2.75%
Free cash flow yield 3.98% (7.26%) 0.51%

Profitability

Metric HL PPTA Other Precious Metals & Mining median
Gross margin 51.99% 0.00% 39.51%
Operating margin 44.62% 0.00% 25.20%
Net margin 19.12% 0.00% 5.02%
Free cash flow margin 27.83% 0.00% 2.55%
Return on equity 13.37% (37.79%) 13.37%
Return on assets 10.27% (35.98%) 3.84%
Return on invested capital 22.11% (111.37%) 5.28%

Growth

Metric HL PPTA Other Precious Metals & Mining median
Revenue growth (TTM) 89.76% — 54.39%
EPS growth (last fiscal year) 716.67% (390.91%) —
Revenue growth, 5-year CAGR 15.51% — 20.68%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HL PPTA Other Precious Metals & Mining median
Debt to equity 0.00 0.00 0.00
Current ratio 5.20 12.34 5.20
Net debt to EBITDA (0.05) 5.59 0.28

Dividend

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

Size

Metric HL PPTA Other Precious Metals & Mining median
Market cap 12.06b 2.93b 1.03b

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