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HLHecla Mining CompanyBuy Wait7.2·$14.95
Buy WaitHigh Confidence

Thesis pillars

  • Wide Moat Quality Franchise→Stable
  • Compelling Risk Reward To Target→Stable
  • Commodity Concentration Cyclical Risk↓Deteriorating
  • +2 more pillars — see the Why tab for full reasoning

Pillars as of Jul 3, 2026, based on the 10-K filed Feb 17, 2026· older than 90 days

Full reasoning →

Open full analysis

Hecla Mining Company (HL) Stock Analysis

Recovery setup · Sector Rotation edge

Buy Wait(was: Strong Buy)DEATH CROSS (EXEMPT)GrowthQualityAI GATE: FLAGGED — 1 risk, 1 concernHigh Confidence

Basic Materials · Other Precious Metals & Mining

Wait for pullback to $14.35. Recent C-suite change — blocks BUY_NOW at $14.95. Engine's entry $14.35 (Gap Fill 50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: silver, gold, lead and zinc; Sector modifier (Basic Materials): -0.1.

Hecla Mining Company has produced precious and base metals since 1891, operating four North American mines: Greens Creek (Alaska, 44% of 2025 metals sales), Lucky Friday (Idaho, 22%), Keno Hill (Yukon, 11%), and Casa Berardi (Quebec, 23%, pending sale). Concentrates and doré are... Read more

$14.95+27.3% A.UpsideScore 7.2/10#2 of 11 Other Precious Metals & Mining
QualityF-score9 / 9FCF yield3.41%
IncomeYield0.11%(5y avg 0.25%)Payout1.95%sustainable
Entry $14.35(Gap Fill 50 Sticky)Stop $13.35Target $19.03(analyst − 13%)A.R:R 2.3:1
Analyst consensus$21.88+46.3%10 analysts with price targets
$19.03our TP
$14.95price
$21.88mean
$32

Wait for pullback to $14.35. Recent C-suite change — blocks BUY_NOW at $14.95. Engine's entry $14.35 (Gap Fill 50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: silver, gold, lead and zinc; Sector modifier (Basic Materials): -0.1. Chart setup: Death cross but MACD improving, RSI 45. News gate: flagged → wait (1 risks, 1 concerns) Score 7.2/10, high confidence.

Passes 8/10 gates (positive momentum, favorable risk/reward ratio, clean insider activity, positive momentum, earnings proximity 104d clear, semi cycle peak clear, materials cycle peak clear, sector concentration cap sector=basic materials 1/3 self excluded). Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated Nov 4, 2026

Recent Developments — Hecla Mining Company

Latest item Nov 4, 2026 · Generated 2026-11-05T11:29:00Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Feb 17, 2027104d to earnings· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=8.8 in RISK_OFF)
Strong overall score: 7.2/10
High-quality business
Risks
Concentration risk — Commodity: silver, gold, lead and zinc
Sector modifier (Basic Materials): -0.1
Below 200-MA, MA slope -3.8%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)17.8
P/E (Fwd)15.7
Mkt Cap$10.0B
EV/EBITDA8.7
Profit Mgn19.2%
ROE22.2%
Rev Growth52.4%
Beta1.43
Dividend0.11%
Analysts with ratings19

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C1.48bearish
IV62%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCommoditysilver, gold, lead and zinc
    10-K Item 1: 'Our operating results are substantially dependent upon the prices of silver, gold, lead and zinc'
  • MEDIUMCustomerrelatively small number of customers
    10-K Item 1A: 'We derive a significant amount of revenue from a relatively small number of customers'
  • MEDIUMGeographicGreens Creek44%
    10-K Item 1: 'The contributions to our total metals sales by our significant operations in 2025 were 44.3% from Greens Creek'

Material Events(8-K, last 90d)

  • 2026-05-22Item 5.02LOW
    On May 21, 2026, shareholders approved an amendment to Hecla's Director Stock Plan extending its expiration date from May 2027 to May 2036. Routine compensatory arrangement change; no officer departure.
    SEC filing →
  • 2026-04-10Item 1.02MEDIUM
    On April 9, 2026, Hecla completed full redemption of remaining $263 million 7.25% Senior Notes due 2028, terminating the Indenture (Feb 2020) and two supplemental indentures. No default; redemption completed at par per notice from trustee.
    SEC filing →
  • 2026-04-10Item 2.04LOW
    Triggering event related to full redemption of $263 million 7.25% Senior Notes due 2028 on April 9, 2026. Obligation accelerated via redemption; no default. Incorporates Item 1.02 by reference.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker·2 ceiling hits

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Gap
3.0
Bollinger
5.0
Support Resistance
5.8
Extreme gap up (8.8%) - may pull back
GatesDeath cross exempted (quality + momentum high enough)Executive change: officer departure/appointmentMomentum 6.5>=5.5A.R:R 2.3 ≥ 1.5Insider activity: OKEARNINGS PROXIMITY 104d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSECTOR CONCENTRATION CAP sector=Basic Materials 1/3 self excludedRecoverySuitability: Speculative
RSI
45 · Neutral
↑ 20D MA↓ 50D MA↓ 200D MADEATH CROSSSupport $13.16Resistance $17.38

Price Targets

$13
$14
$19
A.Upside+27.3%
A.R:R2.3:1

Position Sizing

ConvictionHigh conviction
Suggested %1.1%
Max %2.2%
RegimeRisk-Off

Risk Alerts

! News gate: flagged → wait (1 risks, 1 concerns)

Earnings

B
B
M
M
2/4 beats
Next Earnings2027-02-17 (104d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is HL stock a buy right now?

Wait for pullback to $14.35. Recent C-suite change — blocks BUY_NOW at $14.95. Engine's entry $14.35 (Gap Fill 50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Commodity: silver, gold, lead and zinc; Sector modifier (Basic Materials): -0.1. Chart setup: Death cross but MACD improving, RSI 45. News gate: flagged → wait (1 risks, 1 concerns) Target $19.03 (+27.3%), stop $13.35 (−12.0%), A.R:R 2.3:1. Score 7.2/10, high confidence.

What is the HL stock price target?

Take-profit target: $19.03 (+27.3% upside). Target $19.03 (+27.3%), stop $13.35 (−12.0%), A.R:R 2.3:1. Stop-loss: $13.35.

What are the risks of investing in HL?

Concentration risk — Commodity: silver, gold, lead and zinc; Sector modifier (Basic Materials): -0.1; Below 200-MA, MA slope -3.8%/30d (confirmed downtrend).

Is HL overvalued or undervalued?

Hecla Mining Company trades at a P/E of 17.8 (forward 15.7). TrendMatrix value score: 8.1/10. Verdict: Buy (Wait for Entry).

What do analysts say about HL?

19 analysts rate HL, with a consensus score of 3.8/5. 10 analysts publish price targets averaging $22.

What does Hecla Mining Company do?Hecla Mining Company has produced precious and base metals since 1891, operating four North American mines: Greens...

Hecla Mining Company has produced precious and base metals since 1891, operating four North American mines: Greens Creek (Alaska, 44% of 2025 metals sales), Lucky Friday (Idaho, 22%), Keno Hill (Yukon, 11%), and Casa Berardi (Quebec, 23%, pending sale). Concentrates and doré are sold to custom smelters, metal traders, and refiners; the company realized average silver of $45.25/oz and gold of $3,490/oz in 2025.

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