HL|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q2'26 | $0.23 | $0.17 | -26.7% |
| Q1'26 | $0.28 | $0.24 | -13.7% |
| Q4'25 | $0.18 | $0.19 | +3.7% |
| Q3'25 | $0.09 | $0.12 | +26.4% |
| Q2'25 | $0.05 | $0.08 | +48.8% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q2'26 | $376M | $334M | -11.1% |
| Q1'26 | $429M | $411M | -4.0% |
| Q4'25 | $394M | $448M | +13.9% |
| Q3'25 | - | $410M | - |
| Q2'25 | - | $304M | - |
Market Data
HL Stock Snapshot
HL is currently trading at $16.99, giving Hecla Mining a market cap of 11.32B and a P/E ratio of 41.3. Today's range spans $15.99–$17.08, with shares opening at $16.86 and moving up $0.14 (0.8%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 53/100.
Over the past year HL has traded between $6.94 and $34.17 - the current price is +144.8% off the 52-week low and -50.3% from the high. 20 analysts cover the stock with a Buy consensus and a mean 12-month target of $23.53 (range $17.00–$32.00), implying upside of +38.5%.
Growth-oriented Basic Materials investors looking for technical confirmation find it in HL: BUY signal, 82/100 score, neutral sentiment at 53/100, price $16.99 (in the lower half of its 52-week range). The current P/E ratio stands at 41.3. The 11.32B market cap is the sweet spot - big enough to absorb institutional sizing, small enough to move materially on conviction. Annual range: $6.94–$34.17.
Earnings revision cycles in large-cap Basic Materials names tend to compound: when technicals confirm a BUY thesis (82/100) and news sentiment (53/100, neutral) supports the narrative, analyst upgrades follow price rather than lead it. At $16.99 (in the lower half of its 52-week range), HL's position within the $6.94–$34.17 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.
Company Insights: Hecla Mining (HL)
Hecla Mining Company (HL) is a significant producer of precious and base metals, with operations spanning North America and select Asian markets. The company's core business involves the extraction and sale of silver, gold, lead, and zinc concentrates, serving as a critical supplier to global smelters and metal traders. Established in 1891, Hecla possesses a long operational history and a deep understanding of the mining lifecycle.
The company's value proposition is intrinsically linked to the successful operation and expansion of its key mining assets, notably the Greens Creek mine in Alaska. This mine is a substantial contributor to Hecla's overall production profile, underpinning its ability to meet market demand for essential metals. Hecla's strategic focus remains on optimizing its mining processes and resource extraction to maximize shareholder value.
Recent financial performance indicates a positive operational momentum for Hecla Mining, characterized by an accelerating trend in both earnings per share (EPS) and revenue. This upward trajectory, particularly evident in the latter half of 2025, suggests effective management and favorable market conditions. The consistent ability to meet or exceed analyst expectations for EPS highlights operational execution and strategic foresight.
Earnings Momentum
Hecla Mining has demonstrated a clear accelerating trend in EPS and revenue throughout 2025.
The company consistently beat analyst estimates for EPS in Q2, Q3, and Q4 of 2025, indicating strong operational execution.
This positive financial performance suggests effective management and a favorable operating environment for its core commodities.
Key Asset Performance
The Greens Creek mine in Alaska is a cornerstone asset, significantly contributing to Hecla's production profile.
Optimizing operations at key mines is crucial for maintaining consistent supply and driving profitability.
Focus on efficient extraction and processing of silver, gold, lead, and zinc underpins the company's value proposition.
Strategic Transactions
The potential sale of the Casa Berardi mine to Orezone Gold Corporation presents a notable strategic development.
Resolution of asserted rights and consultation requirements by the Abitibiwinni First Nation could impact the transaction's timeline and terms.
Closely monitoring the outcome of this sale is important for understanding future operational strategies and financial implications.
Market Positioning
Hecla Mining operates within the precious and base metals sector, supplying vital raw materials.
The company is recognized as a CAN SLIM growth leader, suggesting strong underlying earnings growth and relative stock strength.
Its position as a long-standing producer provides a foundation of experience in the cyclical mining industry.
Positioning HL
Hecla Mining's stock performance is closely tied to its operational execution and commodity prices. Investors should consider adding to positions during periods of consistent earnings beats and positive operational updates from key mines like Greens Creek. Conversely, exposure might warrant reduction if the proposed Casa Berardi mine sale faces significant delays or if broader market headwinds impact precious metal prices.
HL Recent Earnings History
- Q4 2025
EPS: $0.19 actual vs $0.18 estimate (beat) · Revenue: $448M actual vs $394M estimate
- Q3 2025
EPS: $0.12 actual vs $0.09 estimate (beat) · Revenue: $410M actual
- Q2 2025
EPS: $0.08 actual vs $0.05 estimate (beat) · Revenue: $304M actual
- Q1 2025
EPS: $0.04 actual vs $0.05 estimate (miss) · Revenue: $261M actual
- Q4 2024
EPS: $0.04 actual vs $0.05 estimate (miss) · Revenue: $250M actual
What Moves HL Stock?
Hecla Mining's stock performance is primarily driven by the fluctuating prices of silver and gold, alongside operational success at its key mines, particularly Greens Creek.
Silver & Gold Prices
Hecla Mining's revenue and profitability are directly tied to the global market prices of silver and gold. As a significant producer of both precious metals, fluctuations in their spot prices have a pronounced effect on the company's top and bottom lines.
When silver and gold prices rise, Hecla's revenue increases, often leading to improved profit margins and a positive impact on its stock valuation. Conversely, falling metal prices can pressure earnings and negatively affect share price performance.
Greens Creek Operations
The Greens Creek mine in Alaska is Hecla's flagship operation, consistently contributing a substantial portion of its silver and zinc production. The operational efficiency, output levels, and cost management at this mine are critical to the company's overall financial health.
Strong production from Greens Creek can boost Hecla's financial results, leading to increased investor confidence and potentially driving the stock price higher. Any disruptions or underperformance at this key asset, however, can create headwinds for the stock.
Mine Sale Dynamics
Recent news indicates potential complexities surrounding the sale of Hecla's Casa Berardi mine, with First Nation consultation requirements potentially impacting the transaction's timeline and terms. This divestiture is a key strategic move for the company.
Any delays or adverse changes to the Casa Berardi sale agreement could introduce uncertainty, potentially weighing on Hecla's stock. A successful and timely sale, however, could unlock value and allow for reinvestment in core assets, supporting the share price.
Key insight: Precious metal prices and operational execution at Greens Creek are the primary determinants of Hecla Mining's stock performance. Investors should closely monitor developments in the global silver and gold markets, as well as the company's production reports and strategic asset sales.
Analyst Price Targets for HL
The current spread of analyst price targets and ratings for Hecla Mining (HL).
Reflects the most recently tracked analyst ratings for HL and may lag real-time updates. Not a recommendation to buy or sell.
Key Metrics for HL
Hecla Mining's performance hinges on production volumes and commodity prices. Tracking these key metrics will provide insight into HL's operational efficiency and profitability.
All-In Sustaining Costs: Measures the total cost to produce an ounce of silver or gold, including mining, processing, and administrative expenses. Lowering AISC is a positive trend for Hecla Mining, indicating improved operational efficiency and higher margins. This is crucial as it directly impacts profitability and the company's ability to generate free cash flow, influencing investor sentiment and stock valuation.
Production Volume: Tracks the total ounces of silver and gold produced quarterly. Increasing production volumes are generally positive for Hecla Mining, suggesting successful operations and potential for higher revenue. Conversely, declining production can signal operational challenges or depletion of reserves, negatively impacting the stock. This metric is fundamental to understanding HL's top-line growth potential.
Silver Price Realization: Reflects the average price Hecla Mining receives for its silver sales. A higher realized price is favorable, boosting revenue and profitability for HL. A declining price, however, can pressure margins, especially if costs remain stable or increase. This metric is vital as silver prices are a primary driver of Hecla Mining's financial performance and stock price.
Gold Price Realization: Indicates the average price Hecla Mining receives for its gold sales. Higher realized gold prices are beneficial for HL, enhancing revenue and earnings. Lower prices can compress margins, particularly if production costs are high. This metric is important because gold prices significantly influence Hecla Mining's overall financial health and stock valuation.
Free Cash Flow: Represents the cash generated by Hecla Mining after accounting for capital expenditures. Positive and growing free cash flow is a strong indicator of financial health and the ability to return value to shareholders. Declining or negative FCF can signal financial strain for HL. This metric is key for investors assessing the company's financial stability and potential for dividends or debt reduction.
Risk Factors
Hecla Mining faces risks tied to commodity price volatility, operational disruptions, and regulatory hurdles. These factors can directly impact its revenue, profitability, and future production capacity.
- Commodity Prices
Hecla's profitability is highly sensitive to fluctuations in the market prices of silver, gold, lead, and zinc. A significant downturn in these metal prices could reduce revenue and margins. This risk materializes if global demand weakens or supply increases unexpectedly.
- Operational Disruptions
Mining operations are inherently subject to unforeseen events like equipment failures, labor disputes, or natural disasters. Such disruptions can halt production, increasing costs and delaying output. The Greens Creek mine's remote Alaskan location could exacerbate these risks.
- Regulatory Environment
Changes in environmental regulations, permitting requirements, or indigenous rights can lead to increased compliance costs or operational delays. The recent issues surrounding the Casa Berardi mine sale highlight the potential for regulatory and First Nation engagement challenges. These can impact project timelines and financial viability.
- Resource Depletion
As mines extract ore, reserves naturally deplete, requiring continuous exploration and development to replace them. Failure to discover new, economically viable deposits could lead to declining production over time. This risk becomes critical if exploration efforts are unsuccessful or too costly.
HL Competitive Positioning
Hecla Mining (HL) is tracked alongside these names in Other Precious Metals & Mining on DailyIQ.
Frequently Asked Questions About HL
Is Hecla Mining (HL) stock a good investment?
Hecla Mining (HL) stock may appeal to investors seeking exposure to silver and gold production. The company's investment thesis often centers on its significant silver reserves, particularly at the Greens Creek mine, and its potential to benefit from rising precious metal prices. Investors should consider Hecla's operational performance, cost management, and the broader commodity market outlook.
What drives Hecla Mining (HL) stock price?
The stock price of Hecla Mining (HL) is primarily influenced by the market prices of silver and gold, as these are its main revenue drivers. Production levels, operational efficiency at its mines, and exploration success also play a crucial role. Additionally, broader economic conditions, inflation expectations, and investor sentiment towards mining stocks can impact HL's valuation.
Does Hecla Mining (HL) pay a dividend?
Hecla Mining (HL) has historically paid dividends, though these can fluctuate based on profitability and the company's capital allocation strategy. Investors interested in dividend income should review the company's latest financial reports and investor relations communications for current dividend policy and payout history. Changes in commodity prices and operational results can influence dividend decisions.
What are the risks of investing in Hecla Mining (HL)?
Investing in Hecla Mining (HL) carries several risks inherent to the mining industry. These include commodity price volatility for silver and gold, operational risks such as mine disruptions or accidents, and environmental, social, and governance (ESG) concerns. Regulatory changes, labor disputes, and geopolitical instability in operating regions can also pose significant risks to the company's performance.
How is Hecla Mining's (HL) valuation assessed?
Hecla Mining's (HL) valuation is typically assessed using metrics relevant to mining companies, such as price-to-earnings (P/E) ratios, enterprise value to EBITDA, and price per ounce of silver and gold reserves. Comparing these multiples to industry peers and considering the company's production costs, reserve life, and future growth prospects are key to understanding its valuation.
What is Hecla Mining's (HL) outlook for silver and gold production?
Hecla Mining's (HL) production outlook is tied to its operational plans and reserve estimates at its key mining assets, like Greens Creek. The company aims to maintain or increase production levels while managing costs effectively. Investors should monitor company guidance on production volumes, expected cash costs, and any updates on mine development or expansion projects.
How does Hecla Mining (HL) manage its operational costs?
Hecla Mining (HL) focuses on managing operational costs through efficiency improvements, technological advancements in mining and processing, and strategic sourcing of supplies. Effective cost management is crucial for profitability, especially during periods of lower commodity prices. The company's ability to control its all-in sustaining costs (AISCs) is a key indicator of its operational discipline.
What is the significance of the Greens Creek mine for Hecla Mining (HL)?
The Greens Creek mine in Alaska is a cornerstone asset for Hecla Mining (HL), representing a significant portion of its silver production and operating at relatively low costs. Its high-grade silver and zinc content contribute substantially to the company's overall financial performance and resource base. The mine's longevity and operational success are critical to Hecla's investment thesis.
How might the sale of the Casa Berardi mine affect Hecla Mining (HL)?
The potential sale of Hecla Mining's (HL) Casa Berardi mine could impact its production profile and financial structure. While it might streamline operations or provide capital, any complexities, such as those involving First Nations consultation, could delay the transaction or affect its terms. Investors should monitor the resolution of these discussions for clarity on future strategic direction.
What is Hecla Mining's (HL) position within the precious metals mining sector?
Hecla Mining (HL) is a significant North American producer primarily focused on silver, with substantial gold and base metal byproducts. Its long history and established operations, particularly Greens Creek, position it as a notable player in the precious metals mining sector. The company's performance is often benchmarked against other silver and gold miners.
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