(HL) Hecla Mining - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4227041062

Silver, Gold, Lead, Zinc, Doré

Silver
Market Cap in USD: 14,079m
IPO / Inception: 1985-02-14
12m vs SPY: 269%

EPS (Earnings per Share)

EPS (Earnings per Share) of HL over the last years for every Quarter: "2020-12": 0.02, "2021-03": 0.06, "2021-06": 0.06, "2021-09": -0.002, "2021-12": 0.06, "2022-03": 0.0121, "2022-06": 0.04, "2022-09": -0.02, "2022-12": 0.02, "2023-03": 0.01, "2023-06": 0.03, "2023-09": -0.01, "2023-12": -0.04, "2024-03": 0.01, "2024-06": 0.02, "2024-09": 0.03, "2024-12": 0.04, "2025-03": 0.04, "2025-06": 0.08, "2025-09": 0.12, "2025-12": 0,
EPS CAGR: -6.46%
EPS Trend: 46.0%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of HL over the last years for every Quarter: 2020-12: 188.89, 2021-03: 210.852, 2021-06: 217.983, 2021-09: 193.56, 2021-12: 185.078, 2022-03: 186.499, 2022-06: 191.242, 2022-09: 146.339, 2022-12: 197.125, 2023-03: 199.5, 2023-06: 178.131, 2023-09: 181.906, 2023-12: 160.69, 2024-03: 189.528, 2024-06: 245.657, 2024-09: 245.085, 2024-12: 249.655, 2025-03: 261.339, 2025-06: 304.027, 2025-09: 409.542, 2025-12: null,
Rev. CAGR: 23.59%
Rev. Trend: 78.5%
Last SUE: 4.00
Qual. Beats: 3

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 62.5%
Value at Risk 5%th 86.2%
Relative Tail Risk -16.18%
Reward TTM
Sharpe Ratio 2.51
Alpha 348.50
CAGR/Max DD 1.14
Character TTM
Hurst Exponent 0.422
Beta 0.889
Beta Downside 0.927
Drawdowns 3y
Max DD 51.18%
Mean DD 21.71%
Median DD 22.38%

Description: HL Hecla Mining January 10, 2026

Hecla Mining Company (NYSE:HL) is a U.S.-based miner that extracts silver, gold, lead, and zinc concentrates, as well as carbon material and doré, serving custom smelters, metal traders, and third-party processors. Its flagship operation is the Greens Creek mine on Admiralty Island, Alaska. Founded in 1891, Hecla is headquartered in Coeur d’Alene, Idaho, and operates across the United States, Canada, Japan, Korea, and China.

Key recent metrics: Hecla produced ~27.5 million ounces of silver in 2023, generating $1.1 billion in revenue and maintaining an all-in sustaining cost (AISC) of roughly $12 per ounce-well below the current market price of ≈$23/oz. The company’s cash flow conversion exceeded 80% and its debt-to-EBITDA ratio sits near 1.2×, indicating a solid balance sheet. Sector-wide, silver demand is being buoyed by renewable-energy storage (e.g., battery cathodes) and industrial applications, while inflation expectations and safe-haven buying support price levels.

For a deeper quantitative dive, you might explore Heclas metrics on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (309.0m TTM) > 0 and > 6% of Revenue (6% = 73.5m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA 9.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 16.95% (prev 2.07%; Δ 14.88pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.13 (>3.0%) and CFO 413.1m > Net Income 309.0m (YES >=105%, WARN >=100%)
Net Debt (155.8m) to EBITDA (527.6m) ratio: 0.30 <= 3.0 (WARN <= 3.5)
Current Ratio 2.15 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (671.9m) change vs 12m ago 7.38% (target <= -2.0% for YES)
Gross Margin 36.12% (prev 16.26%; Δ 19.86pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 39.65% (prev 28.45%; Δ 11.19pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 7.24 (EBITDA TTM 527.6m / Interest Expense TTM 49.8m) >= 6 (WARN >= 3)

Altman Z'' 0.68

(A) 0.06 = (Total Current Assets 387.5m - Total Current Liabilities 180.0m) / Total Assets 3.22b
(B) -0.10 = Retained Earnings (Balance) -313.9m / Total Assets 3.22b
(C) 0.12 = EBIT TTM 360.7m / Avg Total Assets 3.09b
(D) -0.20 = Book Value of Equity -153.2m / Total Liabilities 772.2m
Total Rating: 0.68 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 72.00

1. Piotroski 7.50pt
2. FCF Yield 1.69%
3. FCF Margin 19.62%
4. Debt/Equity 0.12
5. Debt/Ebitda 0.30
6. ROIC - WACC (= -0.42)%
7. RoE 13.93%
8. Rev. Trend 78.54%
9. EPS Trend 45.98%

What is the price of HL shares?

As of January 15, 2026, the stock is trading at USD 23.80 with a total of 24,166,110 shares traded.
Over the past week, the price has changed by +11.37%, over one month by +26.33%, over three months by +79.14% and over the past year by +342.60%.

Is HL a buy, sell or hold?

Hecla Mining has received a consensus analysts rating of 3.90. Therefore, it is recommended to buy HL.
  • Strong Buy: 3
  • Buy: 3
  • Hold: 4
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the HL price?

Issuer Target Up/Down from current
Wallstreet Target Price 15.9 -33.2%
Analysts Target Price 15.9 -33.2%
ValueRay Target Price 27.4 15%

HL Fundamental Data Overview January 10, 2026

P/E Trailing = 67.7742
P/E Forward = 29.6736
P/S = 11.497
P/B = 5.8458
P/EG = -3.02
Revenue TTM = 1.22b USD
EBIT TTM = 360.7m USD
EBITDA TTM = 527.6m USD
Long Term Debt = 269.8m USD (from longTermDebt, last quarter)
Short Term Debt = 9.98m USD (from shortTermDebt, last quarter)
Debt = 289.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 155.8m USD (from netDebt column, last quarter)
Enterprise Value = 14.23b USD (14.08b + Debt 289.7m - CCE 133.9m)
Interest Coverage Ratio = 7.24 (Ebit TTM 360.7m / Interest Expense TTM 49.8m)
EV/FCF = 59.24x (Enterprise Value 14.23b / FCF TTM 240.3m)
FCF Yield = 1.69% (FCF TTM 240.3m / Enterprise Value 14.23b)
FCF Margin = 19.62% (FCF TTM 240.3m / Revenue TTM 1.22b)
Net Margin = 25.23% (Net Income TTM 309.0m / Revenue TTM 1.22b)
Gross Margin = 36.12% ((Revenue TTM 1.22b - Cost of Revenue TTM 782.2m) / Revenue TTM)
Gross Margin QoQ = 44.07% (prev 39.31%)
Tobins Q-Ratio = 4.42 (Enterprise Value 14.23b / Total Assets 3.22b)
Interest Expense / Debt = 4.63% (Interest Expense 13.4m / Debt 289.7m)
Taxrate = 35.27% (54.9m / 155.6m)
NOPAT = 233.5m (EBIT 360.7m * (1 - 35.27%))
Current Ratio = 2.15 (Total Current Assets 387.5m / Total Current Liabilities 180.0m)
Debt / Equity = 0.12 (Debt 289.7m / totalStockholderEquity, last quarter 2.45b)
Debt / EBITDA = 0.30 (Net Debt 155.8m / EBITDA 527.6m)
Debt / FCF = 0.65 (Net Debt 155.8m / FCF TTM 240.3m)
Total Stockholder Equity = 2.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.00% (Net Income 309.0m / Total Assets 3.22b)
RoE = 13.93% (Net Income TTM 309.0m / Total Stockholder Equity 2.22b)
RoCE = 14.50% (EBIT 360.7m / Capital Employed (Equity 2.22b + L.T.Debt 269.8m))
RoIC = 8.65% (NOPAT 233.5m / Invested Capital 2.70b)
WACC = 9.07% (E(14.08b)/V(14.37b) * Re(9.19%) + D(289.7m)/V(14.37b) * Rd(4.63%) * (1-Tc(0.35)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 4.91%
[DCF Debug] Terminal Value 65.54% ; FCFF base≈240.3m ; Y1≈157.7m ; Y5≈72.0m
Fair Price DCF = 1.54 (EV 1.19b - Net Debt 155.8m = Equity 1.03b / Shares 670.1m; r=9.07% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 45.98 | EPS CAGR: -6.46% | SUE: -4.0 | # QB: 0
Revenue Correlation: 78.54 | Revenue CAGR: 23.59% | SUE: 4.0 | # QB: 3
EPS next Quarter (2026-03-31): EPS=0.21 | Chg30d=+0.005 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=0.76 | Chg30d=+0.028 | Revisions Net=+0 | Growth EPS=+102.3% | Growth Revenue=+14.7%

Additional Sources for HL Stock

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Fund Manager Positions: Dataroma | Stockcircle