Hecla Mining Company (HL) AI Stock Analysis

• Market Cap: $8.02B
• Dividend Yield: 0.21%
• Average Volume (3M): 19.65M
• Price to Earnings (P/E): 76.5
• Beta (1Y): 1.26
• Revenue Growth: 36.30%
• EPS Growth: N/A
• Country: US
• Employees: 1,830
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.12
• Shares Outstanding: 669,983,640
• 10 Day Avg. Volume: 17,031,202
• 30 Day Avg. Volume: 19,651,132
• PEG Ratio: -0.60
• Price to Book (P/B): 1.49
• Price to Sales (P/S): 3.28
• P/FCF Ratio: 805.38
• Enterprise Value/Market Cap: 0.51
• Enterprise Value/Revenue: 3.36
• Enterprise Value/Gross Profit: 9.30
• Enterprise Value/Ebitda: 8.62
• 1Y Price Target: $12.25
• Price Target Upside: 1.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $8.50 ▼(-29.81% Downside)

Hecla Mining Company demonstrates strong financial performance and positive earnings call sentiment, which are the most significant factors contributing to the score. The technical analysis supports a positive trend, but the high P/E ratio suggests potential overvaluation. The company's strategic initiatives and operational achievements outweigh the challenges, positioning it well for future growth.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business strategies, supporting long-term financial health.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, enabling the company to invest in growth opportunities and manage debt effectively.

Operational Efficiency

Efficient cost management in operations boosts profitability, providing a competitive edge and supporting sustainable growth.

Negative Factors

Operational Challenges

Reduced production targets at Keno Hill highlight operational constraints, potentially impacting future output and profitability.

Potential Permitting Risks

Dependence on permitting for capacity expansion introduces regulatory risks, which could delay or limit future production growth.

Casa Berardi Uncertainty

Uncertainty around Casa Berardi's future due to its nearing end of mine life could impact long-term production and revenue stability.

Hecla Mining Company Business Overview & Revenue Model

Company Description

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for sale to custom smelters, metal traders, and third-party processors,; and doré containing silver and gold. It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; the Lucky Friday mine situated in northern Idaho; the Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and the San Sebastian mine situated in the city of Durango, Mexico. The company also holds 100% interests in the Fire Creek mine located in Lander County, Nevada; and the Hollister and Midas mines situated in Elko County, Nevada. Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.

How the Company Makes Money

Hecla Mining Company generates revenue primarily through the sale of silver and gold, which are its core products. The company operates several mines that produce these precious metals, and it sells them in the global market, where prices fluctuate based on supply and demand dynamics. Key revenue streams include the production of silver and gold ounces, as well as potential by-product sales from other metals like lead and zinc. Hecla also engages in exploration activities to discover new mineral resources, which can lead to future production and revenue growth. Additionally, the company may benefit from partnerships or joint ventures with other mining firms, allowing for shared resources and enhanced operational efficiencies. Factors contributing to its earnings include the prevailing market prices of silver and gold, operational efficiency, production costs, and the successful management of mining projects.

Hecla Mining Company Financial Statement Overview

Summary

Hecla Mining Company exhibits a strong financial position with consistent revenue growth, improved profitability, and robust cash flow generation. The balance sheet reflects a stable leverage position, while the income statement and cash flow statement indicate effective cost management and cash utilization. The company is well-positioned for future growth, although it should continue to manage its debt levels prudently.

Income Statement

Hecla Mining Company has shown consistent revenue growth, with a TTM revenue growth rate of 4.38%. The gross profit margin has improved to 23.09% in TTM, indicating better cost management. The net profit margin has significantly increased to 11.18% in TTM, reflecting enhanced profitability. However, the EBIT margin slightly decreased to 12.29%, suggesting some operational challenges. Overall, the income statement reflects a positive growth trajectory with improved profitability.

Balance Sheet

The company's debt-to-equity ratio has decreased to 0.24 in TTM, indicating a stable leverage position. Return on equity has improved to 7.35%, showcasing better utilization of equity. The equity ratio remains strong, suggesting a solid financial foundation. However, the company should continue to monitor its debt levels to maintain financial stability.

Cash Flow

Hecla Mining Company has demonstrated a remarkable free cash flow growth of 190.62% in TTM, indicating strong cash generation capabilities. The operating cash flow to net income ratio of 1.66 reflects efficient cash flow management. The free cash flow to net income ratio of 0.64 further supports the company's ability to generate cash relative to its net income. Overall, the cash flow statement highlights robust cash flow performance and financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.22B	929.92M	720.23M	718.90M	807.47M	691.87M
Gross Profit	442.33M	198.21M	112.95M	116.16M	217.80M	145.70M
EBITDA	476.94M	313.36M	131.57M	143.03M	293.02M	247.93M
Net Income	341.27M	35.80M	-84.22M	-37.35M	35.09M	-16.79M
Balance Sheet
Total Assets	3.22B	2.98B	3.01B	2.93B	2.73B	2.67B
Cash, Cash Equivalents and Short-Term Investments	135.08M	26.87M	106.37M	104.74M	210.01M	129.83M
Total Debt	0.00	558.71M	662.82M	527.23M	533.92M	533.65M
Total Liabilities	772.20M	941.55M	1.04B	948.21M	968.02M	965.38M
Stockholders Equity	2.45B	2.04B	1.97B	1.98B	1.76B	1.70B
Cash Flow
Free Cash Flow	182.23M	3.79M	-148.39M	-59.49M	111.29M	89.78M
Operating Cash Flow	413.05M	218.28M	75.50M	89.89M	220.34M	180.79M
Investing Cash Flow	-226.20M	-212.87M	-231.29M	-187.27M	-107.03M	-92.90M
Financing Cash Flow	-74.69M	-83.82M	156.33M	-7.50M	-32.60M	-19.38M

Hecla Mining Company Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HL, the sentiment is Neutral. The current price of 12.11 is below the 20-day moving average (MA) of 13.09, above the 50-day MA of 11.72, and above the 200-day MA of 7.30, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 46.67 is Neutral, neither overbought nor oversold. The STOCH value of 28.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HL.

Hecla Mining Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	73 Outperform	$9.88B	11.93	32.05%	1.31%	29.08%	72.12%
CMCL	72 Outperform	$523.55M	13.90	15.51%	2.11%	28.06%	208.80%
HL	70 Outperform	$8.02B	76.49	4.67%	0.21%	36.30%	―
DRD	67 Neutral	$2.12B	16.74	28.10%	1.57%	30.05%	73.40%
CDE	66 Neutral	$8.88B	20.26	19.57%	―	72.94%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SBSW	53 Neutral	$7.10B	―	-8.31%	―	6.27%	93.14%

Hecla Mining Company Corporate Events

Hecla Mining to Present at Gold Forum Americas

On September 16, 2025, Hecla Mining Company representatives are scheduled to present at the Gold Forum Americas 2025 conference in Colorado Springs, Colorado. The company plans to provide an update on its Casa Berardi operations during this presentation.

The most recent analyst rating on (HL) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Hecla Mining Company stock, see the HL Stock Forecast page.

Hecla Mining Redeems $212M Senior Notes

On August 18, 2025, Hecla Mining Company redeemed $212 million of its outstanding $475 million 7.25% Senior Notes due 2028, paying a total of $216,014,337.38, which included a call premium and accrued interest. This financial move reflects Hecla’s efforts to manage its debt obligations, potentially impacting its financial stability and stakeholder confidence.

The most recent analyst rating on (HL) stock is a Buy with a $8.50 price target. To see the full list of analyst forecasts on Hecla Mining Company stock, see the HL Stock Forecast page.

Hecla Mining’s Strong Q2 Performance Amid Challenges

Hecla Mining Company recently held its earnings call, revealing a generally positive sentiment driven by strong financial performance and strategic initiatives. The company reported record sales and free cash flow, alongside efforts to optimize operations and reduce debt. However, challenges such as operational constraints and permitting issues at Keno Hill and Lucky Friday were also highlighted, potentially impacting future growth. Despite these hurdles, the overall sentiment remained optimistic due to the positive financial outcomes and strategic progress.

Hecla Mining Reports Record Q2 2025 Results

Hecla Mining Company, a leading player in the mining industry, specializes in the production of silver and gold, with operations across North America. The company is known for its strategic focus on high-risk adjusted return projects and its commitment to operational excellence.

Hecla Mining Reports Record Q2 2025 Financial Results

Hecla Mining Company announced a dividend on its common and preferred stock, alongside a partial redemption of its Senior Notes, contingent on liquidating certain investments. The company reported record financial results for the second quarter of 2025, with significant increases in revenue, free cash flow, and production volumes, while reducing its net leverage ratio. These achievements reflect Hecla’s commitment to operational excellence and strategic reinvestment, positioning it well for future growth.

The most recent analyst rating on (HL) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hecla Mining Company stock, see the HL Stock Forecast page.