Hecla Mining Company (HL) is a publicly traded company in the Basic Materials — Other Precious Metals industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Hecla Mining Company, along with its subsidiaries, engages in the exploration, acquisition, development, and extraction of both precious and base metal resources across the United States and internationally. The company produces concentrates of silver, gold, lead, and zinc, as well as carbon material and doré, both of which contain silver and gold. These materials are then sold to custom smelters, metal traders, and third-party processors.
Is Hecla Mining Company stock overvalued or undervalued in 2026?
Hecla Mining Company (HL) trades at 27.6× earnings (P/E), against a median of 18.8× across the 156 materials companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (27.6) does not tell whether it is cheap.
Kaplio overview: Hecla Mining Company
Market cap $9B · 52 weeks $12 – $32 (57 % below the high) · P/E 27.6× · 2027 expected P/E 14.2× · Dividend 0.11 % · Next earnings November 3, 2026 · expected EPS $0.14 · Closing price, Oct 30 · accounts published Aug 4.
- Valuation: P/E 27.6× (no verdict).
- Business: ROIC 18 % (fair).
- Balance sheet: Net debt/EBITDA 0.0× (solid).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (27.6) does not tell whether it is cheap.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 5 of 8 pass
- FCF yield 2.3 %, fails.
- P/B across cycles 3.5×, fails.
- Capex / D&A 1.5×, borderline.
- Gross margin 43.7 %, passes.
- Net debt / EBITDA (trough) 0.0×, passes.
- Dividend coverage 29.9×, passes.
- Altman Z-Score 8.7, passes.
- Cycle-adjusted EV/EBITDA 10.3×, passes.
Against its peers (reference peers) — Hecla Mining Company: P/E 27.6×; EV/EBITDA 10.3×; ROIC 18.3 %; $9.1B. Harmony Gold Mining Company Limited (P/E 5.2×; EV/EBITDA 2.8×; ROIC 33.5 %; $9.1B), Iamgold Corporation (P/E 7.8×; EV/EBITDA 4.4×; ROIC 25.1 %; $8.8B), Equinox Gold Corp. (P/E 9.2×; EV/EBITDA 7.9×; ROIC 6.2 %; $11.3B).
Dividend
token · Yield 0.11 % ($0.02 per share in 2025) · 5-year growth -2 % a year · Free cash flow coverage 2.9× · With $1,000 invested today you'd collect $1.10 a year ($0.09 a month).
Profitability
| Return on Equity | 12.98% |
| Return on Invested Capital | 18.34% |
| Return on Assets | 10.48% |
| Gross Margin | 56.05% |
| Operating Margin | 46.81% |
| Net Margin | 20.83% |
Financial Health
| Debt / Equity | 0.00 |
| Current Ratio | 5.20 |
| Piotroski F-Score | 8 |
| Altman Z-Score | 8.71 |
Price Performance
| 1 month | -21.34% |
| 3 months | -6.24% |
| Year-to-date | -29.49% |
| 1 year | +5.13% |
| 3 years | +230.00% |
| 5 years | +130.49% |
| 10 years | +115.10% |
Dividend History
Paid in the last 12 months: $0.0150 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-26 | $0.0037 |
| 2026-05-22 | $0.0037 |
| 2026-03-09 | $0.0037 |
| 2025-11-24 | $0.0037 |
| 2025-08-22 | $0.0037 |
| 2025-05-23 | $0.0037 |
| 2025-03-10 | $0.0037 |
| 2024-11-21 | $0.0138 |
| 2024-08-26 | $0.0138 |
| 2024-05-23 | $0.0063 |
Amounts adjusted for stock splits.
Related companies: AG · CDE · IAG · HMY · EXK · EQX
Explore sector: Basic Materials · Other Precious Metals
More sections of HL: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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