Hecla Mining Company
Rank #362HypergrowthHL · NYSE · Basic Materials
Hecla Mining Company (HL) — Rank #362 by gross profitability (GP/assets 0.20) · ROE 12.0% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000719413 · all metrics point-in-time as of the filing date.
About
Hecla Mining Company, together with its subsidiaries, provides precious and base metals in the United States, Canada, Japan, Korea, China, and internationally.
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The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and unrefined doré containing silver and gold.
The company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.
- Industry
- Other Precious Metals & Mining
- Sector
- Basic Materials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- hecla.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$12.41B
P/E (annual)
37.8
P/S (annual)
8.7
P/B
4.6
P/OCF (annual)
22.1
Shareholder Yield
-75.3%
Employees
1,865
Industry
Other Precious Metals & Mining
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
1/2 passTerry Smith quality gate
Passes 2/5 Terry Smith thresholdsWhat Growth Is Priced In
Implied revenue growth (10Y)
16.8%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 75.4% — per-share value needs a total required return of 92.2% once share-count change is priced in.
vs. own 6-year median revenue growth: 19.1%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
12.0%
r = 10% (base)
16.8%
r = 12%
21.0%
Net debt / market cap: -5.3%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.20
Primary signal (Novy-Marx).
2nd of 6 SIC 1400 peers
Return on equity
12.0%
Gross margin
43.7%
2nd of 6 SIC 1400 peers
Revenue growth (YoY)
220.8%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.19
2nd of 6 SIC 1400 peers (best = lowest)
Current ratio
5.20×
3rd of 6 SIC 1400 peers
Quick ratio
4.12×
Net cash
$637.88M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$310.24M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.04
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.8%
Stock-based comp intensity.
Dividend safety
Composite score
3.0 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.