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HL

NYSE
Favorable · 63/100

Hecla Mining Co

Materials
Metals & Mining

$16.41

0.5%

Updated Today 12:11 PM ET

Report Card

HL at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Favorable · 63/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 171.0% over the last 12 months

Price 50-day average 200-day averageDCF fair value ±15%Source: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$10.95B

P/E

40x

Forward P/E (est.)

28.57x

ROE

11.0%

Revenue Growth

57.0%

EPS Growth

266.6%

Profit Margin

17.4%

FCF Yield

1.1%

Debt / Equity

0.11x

ROIC

13.0%

Interest Coverage

Current Ratio

4.94x

Dividend Yield

0.1%

Implied Growth (rev. DCF)

6.0%

Rating Score

63/100

Business Overview
Research

Hecla Mining Co (HL) is a large-cap company in the Metals & Mining industry, part of the Materials sector of the S&P 500, with a market value around $10.95B.

In its latest reported year it generated about $1.42B in revenue and $321.71M in net profit.

Our model rates HL Favorable (63/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what HL's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. HL trades near $16.41, below its 50-day average ($16.99) and 200-day average ($18.01). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 60 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. HL's is $0.90 (~5.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month HL found buyers near $13.81 (support) and sellers near $17.38 (resistance); its 52-week range is $5.48–$34.17. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.6× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

15.2%

4/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $645.96M in 2016 to $1.42B in 2025, a 9.2% compound annual growth rate. The most recent year grew a strong 57.0% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research
3/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

43.7%

Operating Margin

36.2%

Net Margin

22.6%

ROE

11.0%

Hecla Mining Co keeps about 17.4% of each sales dollar as net profit, with a 43.7% gross margin and 36.2% operating margin. Return on equity is 11.0% and return on invested capital about 13.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
3/3 checks passedDebt under 1× equityDebt under 2× equityShort-term bills covered

Total Debt

$505.20M

Net Debt

-$82.35M

Net cash position

Net Debt / EBITDA

-0.16x

Debt / Equity

0.11x

Leverage: debt-to-equity is 0.1x, with a current ratio of 4.9x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $505.20M of total debt against $587.55M of cash.

Cash Flow Analysis
Research
2/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$562.64M

Free Cash Flow

$310.25M

FCF Margin

21.8%

In the latest year Hecla Mining Co produced about $562.64M of operating cash flow and $310.25M of free cash flow after capital spending. That is a free-cash-flow yield of about 1.1% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.

Valuation Analysis
Research
3/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

40x

P/S

7.7x

P/B

4.96x

EV / EBITDA

15.98x

HL trades at 40.0x trailing earnings (about 28.6x on estimated forward earnings), 7.7x sales, and 5.0x book value. Reverse-engineering today's price implies the market expects roughly 6.0% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$19.16

Current price

$16.41

+17% · Below fair-value estimate

Starting FCF (latest 10-K)

$310.25M

Growth, years 1–5

20.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$4.79B
PV of terminal value$8.05B
Estimated equity value$12.85B
Shares outstanding671M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where HL sits versus its Materials sector peers in the S&P 500.

TTM P/E
40.0xExpensive
Forward P/E
28.6xExpensive
P/S ratio
7.7xExpensive
Revenue growth
57.0%Strong
EPS growth
266.6%Strong
Gross margin
43.7%Average
Net margin
17.4%Average
ROE
11.0%Average

Bands show the middle half (25th–75th percentile) of the 34 Materials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How HL stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.

In the Materials sector (47 S&P 500 companies), HL ranks #14 of 47 by our overall rating. It trades at a premium versus the sector on earnings (40x P/E vs. 18.6x median) with a lower return on equity (11.0% vs. 16.8%) and faster revenue growth (57.0% vs. 10.1%).

P/E vs sector

40x

median 18.6x

ROE vs sector

11.0%

median 16.8%

Growth vs sector

57.0%

median 10.1%

Sector rank

#14

of 47 by rating

CompanyP/ERev Gr.Rating
HLThis stock40x57.0%Favorable· 63
HBM15.6x13.5%Strong· 82
IAG9.9x92.3%Strong· 85
AA12.4x-0.1%Neutral· 47
AGI12.5x47.8%Strong· 91
CDE22.3x113.7%Strong· 83
GFI8.9x135.1%Strong· 91
KGC10.3x43.1%Strong· 95
Materials median18.6x10.1%47/100

Valuation vs. quality map

sector medianHBMIAGAAAGICDEGFIKGCHLP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Materials companies by sub-industry and size. Sector median is across all 47 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $16.41 today · expected CAGR 36%50%

Metric20262027202820292030
Revenue$2.06B$2.99B$4.34B$6.29B$9.12B
Net income$474.58M$688.14M$997.80M$1.45B$2.10B
EPS$0.71$1.03$1.49$2.16$3.13
Share price (low)$16.98$24.62$35.70$51.77$75.07
Share price (high)$28.30$41.04$59.51$86.28$125.11
CAGR (low–high)3% / 72%22% / 58%30% / 54%33% / 51%36% / 50%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for HL:

  • Revenue is growing 57.0% a year, a sign of real demand.
  • High net margins (17.4%) point to pricing power or efficiency.
  • A conservative balance sheet (debt/equity 0.1x) lowers risk.
  • Our model's overall read is Favorable (63/100).
Bear Case

The case against HL:

  • A rich 40.0x earnings multiple prices in a lot of growth.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Valuation risk — at 40.0x earnings, disappointing results could compress the multiple.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Hecla Mining Co is a large-cap materials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 40.0x earnings, which our model scores Favorable (63/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

HL — frequently asked questions

Is HL a good stock to buy?

We don't give buy or sell advice. Our model rates Hecla Mining Co Favorable (63/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is HL's rating on The Stocks School?

Hecla Mining Co currently scores 63/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does HL's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Hecla Mining Co's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for HL calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this HL analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell HL. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.