Market Summary
USD5.94+0.03
Market Closed0.51%
HL Stock Price
HL RSI Chart
HL Valuation
HL Price/Sales (Trailing)
HL Profitability
HL Fundamentals
HL Revenue
HL Earnings
Price Action
52 Week Range
3.417.38
(Low)(High)
Last 7 days
2.1%
Last 30 days
19.3%
Last 90 days
5.3%
Trailing 12 Months
-12.4%
HL Financial Health
HL Investor Care
Peers (Alternatives to Hecla Mining)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
SCCO | 55.8B | 10.0B | 1.43% | -2.41% | 21.09 | 5.56 | -8.10% | -22.37% |
FCX | 54.3B | 22.8B | -4.79% | -25.83% | 12.13 | 2.39 | -0.28% | -16.51% |
NUE | 38.7B | 41.5B | -8.14% | -4.52% | 5.09 | 0.93 | 13.78% | 11.42% |
NEM | 38.2B | 11.9B | 10.73% | -38.44% | -89.12 | 3.21 | -2.51% | -136.79% |
VMC | 21.8B | 7.3B | -9.71% | -9.61% | 37.8 | 2.97 | 31.75% | -14.19% |
CTRA | 18.8B | 9.5B | -4.88% | -10.06% | 4.63 | 1.98 | 159.24% | 251.04% |
| MID-CAP | ||||||||
CLF | 9.1B | 23.0B | -11.21% | -46.94% | 6.62 | 0.4 | 37.87% | -4.59% |
AA | 7.1B | 12.5B | -13.47% | -56.02% | -57.71 | 0.57 | 2.46% | -128.67% |
CMC | 5.2B | 9.2B | -10.32% | 8.51% | 4.19 | 0.57 | 25.13% | 114.13% |
X | 4.9B | 21.1B | -9.80% | -33.24% | 1.42 | 0.22 | 3.90% | -39.53% |
HL | 3.2B | 718.9M | 19.28% | -12.39% | -84.63 | 4.4 | -10.97% | -206.42% |
| SMALL-CAP | ||||||||
HCC | 1.7B | 1.7B | -2.94% | -4.38% | 2.71 | 1 | 64.15% | 325.04% |
CMP | 1.2B | 1.3B | -19.27% | -51.62% | -78.01 | 0.99 | 8.30% | 92.41% |
CDE | 949.2M | 785.6M | 17.01% | -28.03% | -12.15 | 1.21 | -5.67% | -149.37% |
METC | 385.5M | 565.7M | -7.43% | -43.71% | 3.32 | 0.68 | 99.61% | 191.86% |
Financials for Hecla Mining
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.4% | 719 | 709 | 756 | 783 | 807 |
| Gross Profit | -19.5% | 116 | 144 | 171 | 196 | 218 |
| Operating Expenses | 2.4% | 129 | 126 | 135 | 139 | 134 |
| S&GA Expenses | 22.0% | 43.00 | 36.00 | 33.00 | 35.00 | 35.00 |
| EBITDA | 8.7% | 143 | 132 | 173 | 192 | - |
| EBITDA Margin | 7.3% | 0.20* | 0.19* | 0.23* | 0.25* | - |
| Earnings Before Taxes | 10.7% | -44.91 | -50.31 | -22.77 | -10.88 | 6.00 |
| EBT Margin | 11.9% | -0.06* | -0.07* | -0.03* | -0.01* | - |
| Interest Expenses | 1.3% | 43.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Net Income | -77.7% | -37.35 | -21.02 | 2.00 | 18.00 | 35.00 |
| Net Income Margin | -75.3% | -0.05* | -0.03* | 0.00* | 0.02* | - |
| Free Cahsflow | -297.9% | -59.49 | -14.95 | 63.00 | 111 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -0.3% | 2,927 | 2,935 | 2,717 | 2,739 | 2,729 |
| Current Assets | -5.7% | 268 | 284 | 322 | 344 | 342 |
| Cash Equivalents | -27.6% | 105 | 145 | 198 | 212 | 210 |
| Net PPE | 0.6% | 2,570 | 2,554 | 2,296 | 2,299 | 2,311 |
| Liabilities | -3.2% | 948 | 980 | 934 | 1,010 | 968 |
| Current Liabilities | 10.6% | 178 | 161 | 158 | 188 | 160 |
| Shareholder's Equity | 1.2% | 1,979 | 1,955 | 1,783 | 1,729 | 1,761 |
| Retained Earnings | -1.7% | -403 | -397 | -370 | -353 | -353 |
| Additional Paid-In Capital | 0.8% | 2,260 | 2,242 | 2,044 | 2,036 | 2,034 |
| Accumulated Depreciation | - | 1,598 | - | - | - | - |
| Shares Outstanding | 2.8% | 555 | 539 | 538 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -16.1% | 90.00 | 107 | 174 | 220 | 220 |
| Share Based Compensation | 7.2% | 6.00 | 6.00 | 5.00 | 7.00 | 6.00 |
| Cashflow From Investing | 226.4% | 187 | 57.00 | 86.00 | 99.00 | 107 |
| Cashflow From Financing | -271.3% | -7.50 | 4.00 | -27.34 | -32.99 | -32.60 |
| Dividend Payments | -8.0% | 13.00 | 14.00 | 17.00 | 19.00 | 21.00 |
| Buy Backs | 0% | 4.00 | 4.00 | 4.00 | 6.00 | 5.00 |
Risks for HL
What is the probability of a big loss on HL?
100%
Probability that Hecla Mining stock will be more than 20% underwater in next one year
91.5%
Probability that Hecla Mining stock will be more than 30% underwater in next one year.
81.5%
Probability that Hecla Mining stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does HL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Hecla Mining was unfortunately bought at previous high price.
Drawdowns
Returns for HL
Cumulative Returns on HL
4.5%
10-Year Cumulative Returns
12.3%
7-Year Cumulative Returns
10.9%
5-Year Cumulative Returns
46.2%
3-Year Cumulative Returns
What are the long-term rolling returns for HL?
FIve years rolling returns for Hecla Mining.
Annualized Returns
Which funds bought or sold HL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -1.39 | 455,104 | 1,617,300 | 0.01% |
2023-03-23 | ETF MANAGERS GROUP, LLC | reduced | -3.8 | 9,735,390 | 36,963,400 | 1.73% |
2023-03-17 | American Portfolios Advisors | unchanged | - | 80.00 | 15,760 | -% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 119 | 2,931,890 | 4,331,890 | 0.12% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 57.18 | 384,076 | 700,076 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -10.69 | 4,000 | 11,000 | -% |
2023-03-06 | OLD MISSION CAPITAL LLC | reduced | -56.17 | -563,399 | 912,601 | 0.03% |
2023-03-01 | BENNICAS & ASSOCIATES, INC. | unchanged | - | 50,148 | 171,148 | 0.10% |
2023-02-28 | Voya Investment Management LLC | reduced | -1.44 | 335,762 | 1,196,760 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 160 | 743,193 | 1,020,190 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Hecla Mining News
Schedule 13G FIlings of Hecla Mining
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | van eck associates corp | 9.10% | 55,225,222 | SC 13G/A | |
| Feb 14, 2023 | van eck associates corp | 9.10% | 55,225,222 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.29% | 56,328,352 | SC 13G/A | |
| Jan 31, 2023 | blackrock inc. | 7.0% | 42,687,071 | SC 13G/A | |
| Sep 13, 2022 | wheaton precious metals corp. | 5.9% | 34,800,989 | SC 13G | |
| Feb 11, 2022 | van eck associates corp | 8.73% | 46,917,332 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 9.43% | 50,767,632 | SC 13G/A | |
| Feb 08, 2022 | dimensional fund advisors lp | 5.3% | 28,755,674 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.5% | 40,459,141 | SC 13G/A | |
| Feb 12, 2021 | dimensional fund advisors lp | 6.3% | 33,704,366 | SC 13G/A |
HL Fair Value
Hecla Mining fair value in different scenarios
The table shows the Fair Value estimates for Hecla Mining for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 0.90 -84.85% | 0.97 -83.67% | 1.20 -79.80% | 1.50 -74.75% | 2.11 -64.48% |
| Current Inflation | 1.62 -72.73% | 1.80 -69.70% | 2.05 -65.49% | 2.32 -60.94% | 2.65 -55.39% |
| Very High Inflation | 0.89 -85.02% | 0.93 -84.34% | 1.11 -81.31% | 1.32 -77.78% | 1.76 -70.37% |
Historical Hecla Mining Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Hecla Mining
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 17, 2023 | 10-K | Annual Report | |
| Feb 15, 2023 | 8-K | Current Report | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 14, 2023 | 8-K | Current Report | |
| Feb 10, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for HL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-27 | BAKER PHILLIPS S JR | acquired | - | - | 48,342 | president & ceo |
2023-02-27 | Roberts Lauren M | acquired | - | - | 8,444 | sr. vp - coo |
2023-02-27 | Sienko David C | acquired | - | - | 6,795 | vp & general counsel |
2023-02-24 | Roberts Lauren M | acquired | - | - | 99,010 | sr. vp - coo |
2023-02-24 | Brown Robert Denis | acquired | - | - | 69,306 | vp - corp. dev. & sustain. |
2023-02-24 | BAKER PHILLIPS S JR | acquired | - | - | 264,026 | president & ceo |
2023-02-24 | Sienko David C | sold (taxes) | -153,294 | 4.98 | -30,782 | vp & general counsel |
2023-02-24 | Brown Robert Denis | sold (taxes) | -184,653 | 4.98 | -37,079 | vp - corp. dev. & sustain. |
2023-02-24 | Sienko David C | acquired | - | - | 66,006 | vp & general counsel |
2023-02-24 | Roberts Lauren M | sold (taxes) | -143,414 | 4.98 | -28,798 | sr. vp - coo |
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for sale to custom smelters, metal traders, and third-party processors,; and doré containing silver and gold. It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; the Lucky Friday mine situated in northern Idaho; the Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and the San Sebastian mine situated in the city of Durango, Mexico. The company also holds 100% interests in the Fire Creek mine located in Lander County, Nevada; and the Hollister and Midas mines situated in Elko County, Nevada. Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.
HL Income Statement
2022-12-31Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Sales | $ 718,905 | $ 807,473 | $ 691,873 |
| Cost of sales and other direct production costs | 458,811 | 417,879 | 382,663 |
| Depreciation, depletion and amortization | 143,938 | 171,793 | 148,110 |
| Total cost of sales | 602,749 | 589,672 | 530,773 |
| Gross profit | 116,156 | 217,801 | 161,100 |
| Other operating expenses: | |||
| General and administrative | 43,384 | 34,570 | 35,561 |
| Exploration and pre-development | 46,041 | 47,901 | 18,295 |
| Provision for closed operations and environmental matters | 8,793 | 14,571 | 3,929 |
| Ramp-up and suspension costs | 24,114 | 23,012 | 24,911 |
| Other operating expense | 6,262 | 14,327 | 11,426 |
| Total other operating expenses | 128,594 | 134,381 | 94,122 |
| (Loss) income from operations | 12,438 | 83,420 | 66,978 |
| Other expense: | |||
| Fair value adjustments, net | (4,723) | (35,792) | (11,806) |
| Foreign exchange gain (loss), net | 7,211 | 417 | (4,605) |
| Other net expense | (7,829) | (574) | (2,256) |
| Interest expense, net | (42,793) | (41,945) | (49,569) |
| Total other expense: | (32,476) | (77,894) | (68,236) |
| (Loss) income before income and mining taxes | (44,914) | 5,526 | (1,258) |
| Income and mining tax benefit (provision) | 7,566 | 29,569 | (8,199) |
| Net (loss) income | (37,348) | 35,095 | (9,457) |
| Preferred stock dividends | (552) | (552) | (552) |
| Net (loss) income applicable to common shares | (37,900) | 34,543 | (10,009) |
| Comprehensive income (loss): | |||
| Net (loss) income | (37,348) | 35,095 | (9,457) |
| Unrealized gain (loss) and amortization of prior service on pension plans | (17,067) | 16,740 | (3,559) |
| Unrealized gain (loss) on derivative contracts designated as hedge transactions | 13,837 | (12,307) | 7,980 |
| Total change in accumulated other comprehensive income (loss), net | 30,904 | 4,433 | 4,421 |
| Comprehensive (loss) income | $ (6,444) | $ 39,528 | $ (5,036) |
| Basic (loss) income per common share after preferred dividends | $ 0.07 | $ 0.06 | $ (0.02) |
| Diluted (loss) income per common share after preferred dividends | $ 0.07 | $ 0.06 | $ (0.02) |
| Weighted average number of common shares outstanding - basic | 557,344 | 536,192 | 527,329 |
| Weighted average number of common shares outstanding - diluted | 557,344 | 542,176 | 527,329 |
HL Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Assets, Current [Abstract] | ||
| Cash and cash equivalents | $ 104,743 | $ 210,010 |
| Receivables, Net, Current [Abstract] | ||
| Trade | 45,146 | 36,437 |
| Other, net | 10,695 | 8,149 |
| Inventory, Net [Abstract] | ||
| Concentrates, dore, stockpiled ore, and metals in transit and in process | 37,303 | 25,906 |
| Materials and supplies | 53,369 | 41,859 |
| Other Assets, Current | 16,471 | 19,266 |
| Total current assets | 267,727 | 341,627 |
| Investments | 24,018 | 10,844 |
| Restricted cash and investments | 1,164 | 1,053 |
| Properties, plants, equipment and mineral interests, net | 2,569,790 | 2,310,810 |
| Operating Lease, Right-of-Use Asset | 11,064 | 12,435 |
| Deferred tax assets | 21,105 | 45,562 |
| Other non-current assets | 32,304 | 6,477 |
| Total assets | 2,927,172 | 2,728,808 |
| Liabilities, Current [Abstract] | ||
| Accounts payable and accrued liabilities | 84,747 | 68,100 |
| Accrued payroll and related benefits | 37,579 | 28,714 |
| Accrued taxes | 4,030 | 12,306 |
| Accrued reclamation and closure costs | 8,591 | 9,259 |
| Accrued interest | 14,454 | 14,454 |
| Current derivative liabilities | 16,125 | 19,353 |
| Other current liabilities | 3,457 | 2,585 |
| Total current liabilities | 178,466 | 160,383 |
| Finance leases | 9,483 | 5,612 |
| Accrued reclamation and closure costs | 108,408 | 103,972 |
| Long-term debt including finance leases | 517,742 | 515,871 |
| Deferred tax liability | 125,846 | 149,706 |
| Pension liability | 0 | 4,673 |
| Non-current derivatitive liabilities | 6,066 | 18,528 |
| Other non-current liabilities | 11,677 | 14,888 |
| Total liabilities | 948,205 | 968,021 |
| Commitments and contingencies (Notes 4, 5, 8, 9, 13 and 14) | ||
| Series B preferred stock, $0.25 par value, issued 2022 - 157,776 shares (2021 - 157,816 shares issued and outstanding), liquidation preference - $7,891 | 39 | 39 |
| Common stock, $0.25 par value, authorized 750,000,000 shares; issued 2022 - 607,619,495 shares and 2021 - 545,534,760 shares | 151,819 | 136,391 |
| Capital surplus | 2,260,290 | 2,034,485 |
| Accumulated deficit | (403,931) | (353,651) |
| Accumulated other comprehensive income (loss), net | 2,448 | 28,456 |
| Less treasury stock, at cost; 2022 - 8,132,553 and 2021 - 7,395,295 shares issued and held in treasury | (31,698) | (28,021) |
| Total stockholders’ equity | 1,978,967 | 1,760,787 |
| Total liabilities and stockholders’ equity | $ 2,927,172 | $ 2,728,808 |