Hecla Mining Co
HL—
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Hecla Mining Co AI Insights
Informational only. Not investment advice.Snapshot
- Operating margin 30.5% TTM vs industry median 0% - rare profitable miner with 3Y EPS CAGR of 89%[Operating Margin TTM]
- Debt/equity 0.11 with net debt only 136M vs 2.4B equity - fortress balance sheet for cyclical industry[Debt to Equity]
- P/E 52x vs industry median 28x while P/B 4.7x - premium valuation pricing in continued margin expansion[PE Ratio]
Watch Triggers
- Operating Margin TTM: Falls below 25% — Margin compression would invalidate premium valuation thesis
- Free Cash Flow TTM: Turns negative for 2 quarters — Would signal capex cycle extending or operational issues
- Debt to Equity: Rises above 0.3 — Balance sheet deterioration removes key competitive advantage
Bull Case
Best-in-class margins (30.5% operating) with minimal leverage (0.11 D/E) positions HL to compound through metal price cycles while peers struggle
Operating Margin TTMDebt to EquityROE TTM
89% 3Y EPS CAGR with only 6% 1Y growth suggests margin expansion runway remains as operations scale
EPS Growth 3Y TTMEPS Growth 1YEBITDA TTM
Bear Case
P/E 52x (1.9x industry median) prices perfection - any margin compression or metal price decline creates significant downside
PE RatioPS RatioPB Ratio
Capital intensive (capex 19% of revenue TTM) with commodity exposure means FCF highly volatile despite current strength
Capital Expenditure TTMFree Cash Flow TTM
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
45%
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Forward Thesis
FCF generation to accelerate as capex cycle matures and silver/gold prices remain elevated
1-3ymed
- Capex 231M TTM vs 413M operating cash flow
- Net debt paid down 293M in period
- Operating leverage on fixed cost base
FCF 182M TTM (15% margin)EBITDA margin 43% TTMROE 8.9% vs industry -4.2%
Valuation Context
Caveats
Public Strategies Rankings
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HL Fundamentals
Mining, Quarrying, and Oil and Gas Extraction → Mining (except Oil and Gas)
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$12.57B | — | ||
$12.6B | — | ||
38 | — | ||
$1.42B | +53.0% | — | |
$0.49 | +273.5% | — | |
37.7% | +19.3% | — | |
22.6% | +18.8% | — | |
$310.25M | +8096.8% | — | |
13.9% | +12.1% | — | |
Beta 5Y (Monthly) | unknown | — |
HL Dividend History
59 dividends
2026
$0.003703/09/26$0.0037
2025
$0.015011/24/25$0.0037
08/22/25$0.0037
05/23/25$0.0037
03/10/25$0.0037
2024
$0.040011/21/24$0.0138
08/26/24$0.0138
05/23/24$0.0063
03/11/24$0.0063
2023
$0.031311/22/23$0.0063
08/23/23$0.0063
06/14/23$0.0063
05/19/23$0.0063
03/08/23$0.0063
2022
$0.022511/23/22$0.0037
08/18/22$0.0063
05/24/22$0.0063
03/08/22$0.0063
2021
$0.037511/18/21$0.0063
08/20/21$0.0112
05/19/21$0.0112
03/05/21$0.0088
2020
$0.016311/17/20$0.0088
08/18/20$0.0025
05/21/20$0.0025
03/05/20$0.0025
2019
$0.010011/21/19$0.0025
08/22/19$0.0025
05/23/19$0.0025
03/04/19$0.0025
2018
$0.010011/19/18$0.0025
08/23/18$0.0025
05/23/18$0.0025
03/05/18$0.0025
2017
$0.010011/20/17$0.0025
08/21/17$0.0025
05/22/17$0.0025
03/02/17$0.0025
2016
$0.010011/17/16$0.0025
08/19/16$0.0025
05/23/16$0.0025
03/16/16$0.0025
2015
$0.010011/17/15$0.0025
08/19/15$0.0025
05/20/15$0.0025
03/11/15$0.0025
2014
$0.010011/25/14$0.0025
08/25/14$0.0025
05/23/14$0.0025
03/17/14$0.0025
2013
$0.020011/21/13$0.0025
08/22/13$0.0025
05/23/13$0.0025
03/14/13$0.0125
2012
$0.057511/23/12$0.0225
08/24/12$0.0025
05/25/12$0.0200
03/13/12$0.0125
2011
$0.020011/16/11$0.0200
HL Stock Splits
No stock splits
HL SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
02/17/26 | 12/31/25 | 10-K | |
11/05/25 | 09/30/25 | 10-Q | |
08/06/25 | 06/30/25 | 10-Q | |
05/01/25 | 03/31/25 | 10-Q | |
02/13/25 | 12/31/24 | Unknown | |
11/07/24 | 09/30/24 | 10-Q | |
08/07/24 | 06/30/24 | 10-Q | |
05/09/24 | 03/31/24 | 10-Q | |
02/15/24 | 12/31/23 | 10-K | |
11/07/23 | 09/30/23 | 10-Q | |
08/09/23 | 06/30/23 | 10-Q | |
05/10/23 | 03/31/23 | 10-Q | |
02/17/23 | 12/31/22 | 10-K | |
11/09/22 | 09/30/22 | 10-Q | |
08/05/22 | 06/30/22 | 10-Q | |
05/10/22 | 03/31/22 | 10-Q | |
02/23/22 | 12/31/21 | 10-K | |
11/05/21 | 09/30/21 | 10-Q | |
08/05/21 | 06/30/21 | 10-Q | |
05/06/21 | 03/31/21 | 10-Q | |
02/18/21 | 12/31/20 | 10-K | |
11/06/20 | 09/30/20 | 10-Q | |
08/06/20 | 06/30/20 | 10-Q | |
05/07/20 | 03/31/20 | 10-Q | |
02/10/20 | 12/31/19 | 10-K | |
11/07/19 | 09/30/19 | 10-Q | |
08/08/19 | 06/30/19 | 10-Q | |
05/10/19 | 03/31/19 | 10-Q | |
02/22/19 | 12/31/18 | 10-K | |
11/09/18 | 09/30/18 | 10-Q | |
08/09/18 | 06/30/18 | 10-Q | |
05/10/18 | 03/31/18 | 10-Q | |
02/15/18 | 12/31/17 | 10-K | |
11/07/17 | 09/30/17 | 10-Q | |
08/03/17 | 06/30/17 | 10-Q | |
05/08/17 | 03/31/17 | 10-Q | |
02/23/17 | 12/31/16 | 10-K | |
11/08/16 | 09/30/16 | 10-Q | |
08/04/16 | 06/30/16 | 10-Q | |
05/05/16 | 03/31/16 | 10-Q | |
02/23/16 | 12/31/15 | 10-K | |
11/04/15 | 09/30/15 | 10-Q | |
08/06/15 | 06/30/15 | 10-Q | |
05/08/15 | 03/31/15 | 10-Q | |
02/18/15 | 12/31/14 | 10-K | |
11/05/14 | 09/30/14 | 10-Q | |
07/31/14 | 06/30/14 | 10-Q | |
05/06/14 | 03/31/14 | 10-Q | |
02/19/14 | 12/31/13 | 10-K | |
11/05/13 | 09/30/13 | 10-Q | |
08/08/13 | 06/30/13 | 10-Q | |
05/10/13 | 03/31/13 | 10-Q | |
02/25/13 | 12/31/12 | 10-K | |
11/06/12 | 09/30/12 | 10-Q | |
08/07/12 | 06/30/12 | 10-Q | |
05/08/12 | 03/31/12 | 10-Q | |
02/22/12 | 12/31/11 | 10-K | |
11/08/11 | 09/30/11 | 10-Q | |
08/09/11 | 06/30/11 | 10-Q | |
05/09/11 | 03/31/11 | 10-Q | |
02/25/11 | 12/31/10 | 10-K | |
10/27/10 | 09/30/10 | 10-Q | |
07/28/10 | 06/30/10 | 10-Q | |
04/28/10 | 03/31/10 | 10-Q | |
02/17/10 | 12/31/09 | 10-K | |
11/03/09 | 09/30/09 | 10-Q | |
07/29/09 | 06/30/09 | 10-Q | |
04/28/09 | 03/31/09 | 10-Q | |
03/02/09 | 12/31/08 | 10-K | |
11/04/08 | 09/30/08 | 8-K | |
08/06/08 | 06/30/08 | 10-Q | |
05/12/08 | 03/30/08 | Unknown | -- |
02/29/08 | 12/31/07 | 10-K | |
11/09/07 | 09/30/07 | 10-Q | |
08/08/07 | 06/30/07 | 10-Q | |
05/09/07 | 03/30/07 | Unknown | -- |
03/16/07 | 12/31/06 | 10-K | |
11/09/06 | 09/30/06 | 10-Q | |
08/09/06 | 06/30/06 | 10-Q | |
05/10/06 | 03/30/06 | Unknown | -- |
03/10/06 | 12/31/05 | 10-K | |
11/09/05 | 09/30/05 | 10-Q | |
08/09/05 | 06/30/05 | 10-Q | |
05/10/05 | 03/30/05 | Unknown | -- |
03/16/05 | 12/31/04 | 10-K | |
11/09/04 | 09/30/04 | 10-Q | |
08/09/04 | 06/30/04 | 10-Q | |
05/05/04 | 03/30/04 | Unknown | -- |
03/03/04 | 12/31/03 | 4 | |
11/14/03 | 09/30/03 | 10-Q | |
08/08/03 | 06/30/03 | 10-Q | |
05/09/03 | 03/30/03 | Unknown | -- |
03/07/03 | 12/31/02 | 10-K | |
11/14/02 | 09/30/02 | 10-Q | |
08/14/02 | 06/30/02 | 10-Q | |
05/14/02 | 03/30/02 | Unknown | -- |
12/31/01 | 12/31/01 | 10KT405 | |
11/13/01 | 09/30/01 | 10-Q | |
08/14/01 | 06/30/01 | 10-Q | |
05/14/01 | 03/30/01 | Unknown | -- |
04/12/01 | 12/31/00 | NT 10-K | |
11/13/00 | 09/30/00 | 10-Q | |
08/11/00 | 06/30/00 | 10-Q | |
05/11/00 | 03/30/00 | Unknown | -- |