Grufity logoGrufity logo

Hecla Mining Co Stock Research

HL

5.94USD+0.03(+0.51%)Market Closed

Market Summary

USD5.94+0.03
Market Closed
0.51%

HL Alerts

HL Stock Price

HL RSI Chart

HL Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

-84.63

Price/Sales (Trailing)

4.4

EV/EBITDA

21.37

Price/Free Cashflow

-53.13

HL Price/Sales (Trailing)

HL Profitability

EBT Margin

-6.25%

Return on Equity

-1.89%

Return on Assets

-1.28%

Free Cashflow Yield

-1.88%

HL Fundamentals

HL Revenue

Revenue (TTM)

718.9M

Revenue Y/Y

5.27%

Revenue Q/Q

33.13%

HL Earnings

Earnings (TTM)

-37.3M

Earnings Y/Y

-137.49%

Earnings Q/Q

81.08%

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

Current Ratio

1.5

HL Investor Care

Dividend Yield

0.66%

Dividend/Share (TTM)

0.04

Shares Dilution (1Y)

3.27%

Diluted EPS (TTM)

0.07

Peers (Alternatives to Hecla Mining)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.8B
10.0B
1.43% -2.41%
21.09
5.56
-8.10% -22.37%
54.3B
22.8B
-4.79% -25.83%
12.13
2.39
-0.28% -16.51%
38.7B
41.5B
-8.14% -4.52%
5.09
0.93
13.78% 11.42%
38.2B
11.9B
10.73% -38.44%
-89.12
3.21
-2.51% -136.79%
21.8B
7.3B
-9.71% -9.61%
37.8
2.97
31.75% -14.19%
18.8B
9.5B
-4.88% -10.06%
4.63
1.98
159.24% 251.04%
MID-CAP
9.1B
23.0B
-11.21% -46.94%
6.62
0.4
37.87% -4.59%
7.1B
12.5B
-13.47% -56.02%
-57.71
0.57
2.46% -128.67%
5.2B
9.2B
-10.32% 8.51%
4.19
0.57
25.13% 114.13%
4.9B
21.1B
-9.80% -33.24%
1.42
0.22
3.90% -39.53%
3.2B
718.9M
19.28% -12.39%
-84.63
4.4
-10.97% -206.42%
SMALL-CAP
1.7B
1.7B
-2.94% -4.38%
2.71
1
64.15% 325.04%
1.2B
1.3B
-19.27% -51.62%
-78.01
0.99
8.30% 92.41%
949.2M
785.6M
17.01% -28.03%
-12.15
1.21
-5.67% -149.37%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.4%719709756783807
Gross Profit-19.5%116144171196218
Operating Expenses2.4%129126135139134
  S&GA Expenses22.0%43.0036.0033.0035.0035.00
EBITDA8.7%143132173192-
EBITDA Margin7.3%0.20*0.19*0.23*0.25*-
Earnings Before Taxes10.7%-44.91-50.31-22.77-10.886.00
EBT Margin11.9%-0.06*-0.07*-0.03*-0.01*-
Interest Expenses1.3%43.0042.0042.0042.0042.00
Net Income-77.7%-37.35-21.022.0018.0035.00
Net Income Margin-75.3%-0.05*-0.03*0.00*0.02*-
Free Cahsflow-297.9%-59.49-14.9563.00111-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.3%2,9272,9352,7172,7392,729
  Current Assets-5.7%268284322344342
    Cash Equivalents-27.6%105145198212210
  Net PPE0.6%2,5702,5542,2962,2992,311
Liabilities-3.2%9489809341,010968
  Current Liabilities10.6%178161158188160
Shareholder's Equity1.2%1,9791,9551,7831,7291,761
  Retained Earnings-1.7%-403-397-370-353-353
  Additional Paid-In Capital0.8%2,2602,2422,0442,0362,034
Accumulated Depreciation-1,598----
Shares Outstanding2.8%555539538--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-16.1%90.00107174220220
  Share Based Compensation7.2%6.006.005.007.006.00
Cashflow From Investing226.4%18757.0086.0099.00107
Cashflow From Financing-271.3%-7.504.00-27.34-32.99-32.60
  Dividend Payments-8.0%13.0014.0017.0019.0021.00
  Buy Backs0%4.004.004.006.005.00

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 ascendingFund NameType% 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
-%

1–10 of 43

Latest Funds Activity

Are funds buying HL calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own HL
No. of Funds

Hecla Mining News

Streetwise Reports

Cos. Look at Cooperating on BC Mill.

Streetwise Reports,
16 hours ago

InvestorPlace

InvestorsObserver

Seeking Alpha

Nasdaq

Schedule 13G FIlings of Hecla Mining

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Phillips S. Baker
1600
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

2022-12-31
Consolidated 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 costs458,811417,879382,663
Depreciation, depletion and amortization143,938171,793148,110
Total cost of sales602,749589,672530,773
Gross profit116,156217,801161,100
Other operating expenses:   
General and administrative43,38434,57035,561
Exploration and pre-development46,04147,90118,295
Provision for closed operations and environmental matters8,79314,5713,929
Ramp-up and suspension costs24,11423,01224,911
Other operating expense6,26214,32711,426
Total other operating expenses128,594134,38194,122
(Loss) income from operations12,43883,42066,978
Other expense:   
Fair value adjustments, net(4,723)(35,792)(11,806)
Foreign exchange gain (loss), net7,211417(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)7,56629,569(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 transactions13,837(12,307)7,980
Total change in accumulated other comprehensive income (loss), net30,9044,4334,421
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 - basic557,344536,192527,329
Weighted average number of common shares outstanding - diluted557,344542,176527,329

HL Balance Sheet

2022-12-31
Consolidated 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]  
Trade45,14636,437
Other, net10,6958,149
Inventory, Net [Abstract]  
Concentrates, dore, stockpiled ore, and metals in transit and in process37,30325,906
Materials and supplies53,36941,859
Other Assets, Current16,47119,266
Total current assets267,727341,627
Investments24,01810,844
Restricted cash and investments1,1641,053
Properties, plants, equipment and mineral interests, net2,569,7902,310,810
Operating Lease, Right-of-Use Asset11,06412,435
Deferred tax assets21,10545,562
Other non-current assets32,3046,477
Total assets2,927,1722,728,808
Liabilities, Current [Abstract]  
Accounts payable and accrued liabilities84,74768,100
Accrued payroll and related benefits37,57928,714
Accrued taxes4,03012,306
Accrued reclamation and closure costs8,5919,259
Accrued interest14,45414,454
Current derivative liabilities16,12519,353
Other current liabilities3,4572,585
Total current liabilities178,466160,383
Finance leases9,4835,612
Accrued reclamation and closure costs108,408103,972
Long-term debt including finance leases517,742515,871
Deferred tax liability125,846149,706
Pension liability04,673
Non-current derivatitive liabilities6,06618,528
Other non-current liabilities11,67714,888
Total liabilities948,205968,021
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 - $7,8913939
Common stock, $0.25 par value, authorized 750,000,000 shares; issued 2022 - 607,619,495 shares and 2021 - 545,534,760 shares151,819136,391
Capital surplus2,260,2902,034,485
Accumulated deficit(403,931)(353,651)
Accumulated other comprehensive income (loss), net2,44828,456
Less treasury stock, at cost; 2022 - 8,132,553 and 2021 - 7,395,295 shares issued and held in treasury(31,698)(28,021)
Total stockholders’ equity1,978,9671,760,787
Total liabilities and stockholders’ equity$ 2,927,172$ 2,728,808