QualityDipStocks / Industrials · Aggregates & minerals
Hecla Mining Company HL
Outside our quality screen, so we don’t track its dips. It’s 57% below its 52-week high.
Outside our quality screen, trading well below our fair value estimate, 17% under its Market Value.
- Fair value est.
- $22.09+63%
- Market Value
- $16.36price −17%
- Off 52-wk high
- −57%
- Risk vs market
- Highbeta 2.66
5 bullish · 4 bearish See why
Key levels
Every level vs today’s $13.53
- 52-wk lowlowest close, 1 year$11.97−11.5%
- PriceFri Oct 30 close$13.53you are here
- Market Valueavg paid since Sep 18$16.36+20.9%
- Fair value est.base case$22.09+63.3%
- 52-wk highhighest close, 1 year$31.81+135.1%
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 15.0% ±2 points. Bear = 10.5% and 13.0%; bull = 8.5% and 17.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is below even the bear case.
Cyclical / peak cash flow — treat with care
What the price implies To be worth today’s price, HL’s free cash flow would need to grow about 6% a year for five years; our estimate uses 15%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much HL moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 5.6× the S&P 500’s.
- Beta vs S&P 500
- 2.66
- Volatility
- 71% vs 13% SPY
- Correlation SPY
- 0.48
- Correlation QQQ
- 0.47
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthSales grew 90% to $1.7B over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityGross margin widened to 43.7% in FY2025 from 15.7% in FY2023 (SEC filings).
ProfitabilityOperating margin widened to 36.2% in FY2025 from −6.2% in FY2023 (SEC filings).
ValuationOur DCF fair value estimate is $22.09, 63% above the price (cyclical or peak cash flow, so treat with care).
ValuationTrades 17.3% below its Market Value of $16.36, the average price paid since the Sep 18 filing.
Top bearish points 4 of 5
Cash returnsShare count up 5.7% in a year: existing holders are being diluted.
Cash returnsDividend yield of 0.1%, below the 1.1% median for the 116 Industrials companies we cover.
RiskSwings hard: beta 2.66 vs the S&P 500 and 71% yearly volatility (SPY 13%).
RiskReports earnings Nov 3: results can move the price sharply and reset Market Value.
Who’s talking about it
Notable investors, executives, analysts and public figures on Hecla Mining Company in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Industrials
All fundamentals
P/E 27.4 · FCF yield 5.3% · ROE 13%
Valuation
- P/E
- 27.4×Industrials median 27.5×
- Price / FCF
- 18.9×
- FCF yield
- 5.3%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 5.24×
- Price / book
- 3.41×
- Market cap
- $9.1Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $1.7B
- Sales growth, 12 months
- +89.8%vs the 12 months before
- Sales growth, 3 yrs
- +25.6%/yrfrom FY2022
- Diluted EPS, 12 months
- $0.50
- EPS growth, last FY
- n/an/m: EPS a year ago near zero
- Net income, 12 months
- $333M
- Net income growth
- +234%12 months vs before
Profitability
- Gross margin
- 51.7%
- Operating margin
- 44.6%
- Net margin
- 19.1%
- FCF margin
- 27.8%
- Return on equity
- 13%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $485M
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- n/ainterest expense not tagged in SEC data
Cash flow & returns
- Free cash flow, 12 months
- $484M
- FCF growth, 12 months
- +293%
- Dividend yield
- 0.12%$11M paid
- Payout ratio
- 3%
- Buybacks, 12 months
- $5M0.0% of market cap
- Share count, 1 year
- +5.7%diluted shares vs a year ago
- Stock-based comp
- $12M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Hecla Mining Company’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
DCF $22.09 · MV $16.36 · FCF value $11.86
Cyclical / peak cash flow — treat with care
Assumes 15.0% growth for 5 years (revenue grew 25.6% a year FY22–FY25; capped at 15%), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $0.72 a share (trailing 12 months to Jun 30, 2026), from the 10-Q filed Aug 4, 2026.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 32 · 5 days −2.3%
The business
FCF $0.3B · Sales +52%
- Free cash flow, 12 months$0.3B
- Free-cash-flow yield3.5%
- Free-cash-flow margin20%
- Gross margin61%
- Operating margin44%
- Return on invested capital28%
- Return on equity22%
- Sales growth (latest quarter vs year-ago quarter)+52%
- Net debt / EBITDA−0.5×
Next report
Nov 3
- DateTue Nov 3, after the close
- Year-ago EPS$0.12
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
HL is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.