Hecla Mining Company
Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi.
It is a $11.4B materials company. Revenue grew 51.2% over the last year, it keeps 21¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 34.3× earnings — near the lowest of its own history.
- Website
- hecla.com
- Location
- Coeur D'Alene, ID
- Employees
- 1 865
- Sector
- Basic Materials
- Founded
- 1891
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong health; Moat lags behind.
Valuation69
- P/E vs own history5th pct · 25/25
- FCF yield4.5% · 12/25
- P/S7.2x · 12/25
- EV/EBITDA12.3x · 20/25
Growth70
- Revenue CAGR15.2% · 20/25
- Net income CAGR74.0% · 25/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growth72.1% · 25/25
Profitability74
- ROIC14.0% · 12/25
- ROE13.0% · 12/25
- Net margin20.8% · 25/25
- Operating margin46.0% · 25/25
Health100
- Altman Z14.44 · 25/25
- Current ratio5.20 · 25/25
- Interest coverage14.7x · 25/25
- Net cash / debtNet cash · 25/25
Quality68
- Piotroski F8/9 · 25/25
- Beneish M-1.36 · 6/25
- FCF conversion154% · 25/25
- Margin stabilityσ 14.9% · 12/25
Moat16
- ROIC >12% years1/10 yrs · 0/25
- Median gross margin24.1% · 6/25
- FCF-positive years6/10 yrs · 10/25
- Worst-year net marginworst -14.8% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialRevenue crossed $1B$1.42B for the year
- FY2025FinancialBecame debt-freecash now exceeds total debt
- FY2025FinancialBest year on record$322M net income
- FY2016FinancialFirst recorded profitable year$69.5M net income
- 1986MilestoneHecla opened its new corporate office north of Coeur d'Alene and Arthur Brown became president
- 1984AcquisitionHecla merged with Ranchers Exploration and Development Corp
- 1979AcquisitionGriffith took over as president in 1979, and Hecla decided to sink a third shaft, "the Silver Shaft", at Lucky…
- 1967AcquisitionHecla purchased 14% of Day Mines, Inc., becoming the largest stockholder
- 1966AcquisitionHecla acquired the Morning Mine from Asarco
- 1948AcquisitionHecla owned 50% of Sullivan, 63% of Polaris (now merged with Silver Summit)
- 1920AcquisitionHecla acquired Federal Mining & Smelting Co.'s claims near Hecla, including the Tiger-Poorman
- 1915IPO1915, Hecla stock was listed on the New York Curb Exchange, and monthly dividends paid since March 1904, became…
- 1903AcquisitionMcCarthy took over management in 1903, James R
- 1891FoundedFounded in 1891, it is the largest silver mining company in the United States and the 9th biggest mining company in…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (53.8%)
- Strongly profitable — 20.8% net margin
- Revenue growing 51.2% year over year
- Strong cash conversion — FCF is 32.2% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
- Loss-making in 6 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+51.2% YoY
- Profitable — makes more than it spends$334M TTM
- Profit growing — earnings are higher than last year+798.6% YoY
- Generates cash — cash left after running and investing$516M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$11.4B market cap
- Not printing shares — share count not ballooning — you keep your slice+24.4% shares over ~5y
- Proven track record — years of profitability behind it4/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 14.4 — safe
- Pays a dividend — returns cash to shareholdersyield 0.09%
- Valuation not extreme — price not wildly above earningsP/E 34.3
Peer comparisonHecla Mining Company vs 6 largest basic materials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| HL this company | $11.4B | 34.3 | +51.2% | 20.8% | Strong |
| LIN Linde plc Ordinary Share | $223.2B | 30.8 | +6.6% | 20.4% | Solid |
| SCCO Southern Copper Corporation | $176.8B | 31.2 | +32.8% | 35.9% | Strong |
| NEM Newmont Corporation | $124.2B | 14.4 | +25.2% | 33.4% | Strong |
| FCX Freeport-McMoran Inc. | $105.8B | 35.9 | +0.2% | 11.4% | Strong |
| AEM Agnico Eagle Mines Ltd. | $95.8B | 15.9 | +43.7% | 37.5% | Strong |
| B Barrick Mining Corporation | $67.5B | 10.1 | +9.2% | 31.6% | Strong |
Head-to-head: HL vs LIN · HL vs SCCO · HL vs NEM
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/HL
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of HL on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $17.05 · market cap $11.4B.