
23.07 USD (+40.8%)
10 analysts
What does it do?
Hecla Mining is a mining company dedicated to the exploration, extraction, and processing of silver, gold, lead, and zinc, with operations primarily in the United States and Canada.
Key points
from its scores- ✓Very solid balance sheet9.1
- ✓Good share-price trend8.7
- ✓High-quality business7.7
- ✕Little or no dividend1.9
- ✕Unfavourable risk and backdrop3.9
AI analysis
bottom line, main risk, context and newsHold, given the strong current growth but high sensitivity to precious metals prices and the potential reversal of the cycle.
Hecla Mining shows solid financial health (net cash, DN/EBITDA of -0.48) and high operational quality (ROE 22.17%, operating margin 44.27%), but its 92.9% earnings growth reflects a cycle peak that is likely unsustainable, and falling gold prices and a stronger dollar pressure its outlook.
Dependence on silver and gold prices, which are highly volatile and subject to dollar strength and changes in monetary policy, could reverse current growth.
Context and risks
Hecla Mining operates in the US and Canada, with exposure to jurisdictions of moderate governance. The main risk is dependence on silver and gold prices, which are volatile and subject to global macro factors. The 20th percentile position in the 52-week range suggests the market has already priced in part of the recent gold weakness.
Is Hecla Mining stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Basic Materials median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 21.3 | 19.2 | +11% |
| EV / EBITDA | 10.9 | 10.0 | +9% |
| Price / book | 4.1 | 2.3 | +82% |
| Price / sales | 6.3 | 2.2 | +187% |
Sector: median of the 141 Basic Materials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.2 out of 10 (median for Basic Materials: 5.8).
Average analyst target: 23.07 USD, +40.8% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Basic Materials medianValuation
- P/E
- 21.3
- Forward P/E
- 15.9
- EV / EBITDA
- 10.9
- Price / book
- 4.1
- Price / sales
- 6.3
- PEG
- 5.64
- Market cap
- 11.0B USD
- Enterprise value
- 10.5B USD
Profitability
- ROE
- 22.2%
- ROA
- 15.3%
- ROIC (approx.)
- 28.6%
- Gross margin
- 61.4%
- Operating margin
- 44.3%
- Net margin
- 19.2%
- Free cash flow
- 342.3M USD
- FCF yield
- 3.1%
- Cash conversion
- 35%
Solvency
- Total debt
- 21.5M USD
- Net debt
- −463.9M USD
- Cash
- 485.3M USD
- EBITDA
- 969.5M USD
- Net debt / EBITDA
- −0.48
- Debt / equity
- 0.80
- Current ratio
- 5.20
- Quick ratio
- 4.41
Growth
- Revenue growth
- +52.4%
- Earnings growth
- +92.9%
- EPS (TTM)
- 0.77 USD
- EPS (forward)
- 1.03 USD
Dividend
- Dividend yield
- 0.1%
- Payout
- 1.9%
Risk and market
- Beta
- 1.37
- Analyst consensus
- Buy (10)
- Target price
- 23.07 USD
- 52-week range
- 11.81 – 34.17
Recent news
All HL news →Compare it with its sector
All 141 in Basic Materials →Frequently asked questions about Hecla Mining
Is Hecla Mining stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Basic Materials median (within 15%). Valuation score: 5.2 out of 10 (median for Basic Materials: 5.8). Average analyst target: 23.07 USD, +40.8% versus the price. This is not investment advice.
What score does Hecla Mining get on MeridIAn Screener?
It scores 6.3 out of 10, rank 726 of 2,130 (better than 63% of the companies analysed). Its strongest category is Financial health (9.1) and its weakest, Dividend (1.9). Analysis of 08/10/2026.
What is Hecla Mining's P/E ratio?
Its P/E is 21.3: the share price equals 21.3 times earnings per share over the last 12 months. The Basic Materials median is 19.2. Based on the earnings analysts expect, the forward P/E is 15.9.
How much is Hecla Mining worth on the stock market?
Its market capitalisation is 11.0B USD and its enterprise value, debt included, is 10.5B USD.
How much debt does Hecla Mining have?
It has more cash than debt: net cash of 463.9M USD.
Does Hecla Mining pay a dividend?
Yes: its dividend yield is 0.12% and it pays out 2% of its earnings.
How has Hecla Mining stock performed over the last year?
It has risen 30.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 11.81 and 34.17 USD. Past performance does not guarantee future results.
What do analysts think of Hecla Mining?
10 analysts cover it; their average recommendation is “Buy” and their average target is 23.07 USD (+40.8% versus the price). It is an estimate, not market data.
