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Hecla Mining Company (HL) Stock Analysis

HoldModerate Confidence

Basic Materials · Other Precious Metals & Mining

Earnings in 5 days (2026-05-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $17.82, but acceptable to hold if already in. Reasons: Earnings in 5 days (event risk); Negative momentum.

Hecla Mining produces silver, gold, lead, and zinc from four segments (Greens Creek 44.3%, Casa Berardi 23.0%, Lucky Friday 22.2%, Keno Hill 10.5% of 2025 metals sales). Concentrates and dore are sold to custom smelters and metal traders; Casa Berardi is being sold to Orezone.

$17.82+26.0% A.UpsideScore 6.4/10#2 of 10 Other Precious Metals & Mining
Stop $16.62Target $22.45(analyst − 13%)A.R:R 2.8:1
Analyst target$25.80+44.8%10 analysts
$22.45our TP
$17.82price
$25.80mean
$13
$37

Hold if already holding. Not a fresh buy at $17.82, but acceptable to hold if already in. Reasons: Earnings in 5 days (event risk); Negative momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.

Passes 4/6 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, semi cycle peak clear). Fails on weak momentum and earnings proximity 5d<=7d. Suitability: aggressive.

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Strong growth profile
Risks
Earnings in 5 days (event risk)
Negative momentum

Key Metrics

P/E (TTM)35.7
P/E (Fwd)13.6
Mkt Cap$11.7B
EV/EBITDA16.8
Profit Mgn22.6%
ROE13.9%
Rev Growth79.5%
Beta1.39
Dividend0.09%
Rating analysts18

Quality Signals

Piotroski F9/9

Options Flow

P/C0.28bullish
IV86%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomersmall number of customers
    10-K Item 1A: 'We derive a significant amount of revenue from a relatively small number of customers and occasionally enter into concentrate spot market sales with metal traders.'

Material Events(8-K, last 90d)

  • 2026-04-10Item 1.02MEDIUM
    Hecla completed full redemption of $263M 7.25% Senior Notes due 2028 on April 9, 2026, terminating the Indenture, First Supplemental Indenture, and Second Supplemental Indenture. No disagreement cited.
    SEC filing →
  • 2026-04-10Item 2.04LOW
    Full redemption of $263M 7.25% Senior Notes on April 9, 2026 constitutes triggering event accelerating financial obligations. No default; debt fully retired.
    SEC filing →
  • 2026-02-20Item 5.02LOW
    Stephen F. Ralbovsky retired from Board effective February 19, 2026 after serving since 2016; no disagreement cited. Jill Satre appointed as Audit Committee Chair as successor.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers·1 ceiling hit

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

Volume
0.0
Obv
1.0
Macd
2.5
Ma Position
4.0
Rsi
7.8
Uptrend pullback (RSI 37) - buy opportunityVolume distribution (falling OBV)Above 200-day MA

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
3.8
Value Rank
4.6
Quality Rank
5.2
GatesMomentum 3.1<4.5EARNINGS PROXIMITY 5d<=7dA.R:R 2.8 ≥ 1.5Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARSuitability: Aggressive
RSI
37 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $17.13Resistance $21.05

Price Targets

$17
$22
A.Upside+26.0%
A.R:R2.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeCautious

Risk Alerts

! Momentum score 3.1/10 — below 4.5 minimum
! EARNINGS_PROXIMITY:5d<=7d

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-05 (5d)

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?

Hold if already holding. Not a fresh buy at $17.82, but acceptable to hold if already in. Reasons: Earnings in 5 days (event risk); Negative momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Maintain position. Not compelling to add more. Target $22.45 (+26.0%), stop $16.62 (−7.2%), A.R:R 2.8:1. Score 6.4/10, moderate confidence.

What is the HL stock price target?

Take-profit target: $22.45 (+26.0% upside). Target $22.45 (+26.0%), stop $16.62 (−7.2%), A.R:R 2.8:1. Stop-loss: $16.62.

What are the risks of investing in HL?

Earnings in 5 days (event risk); Negative momentum.

Is HL overvalued or undervalued?

Hecla Mining Company trades at a P/E of 35.7 (forward 13.6). TrendMatrix value score: 6.9/10. Verdict: Hold.

What do analysts say about HL?

18 analysts cover HL with a consensus score of 3.7/5. Average price target: $26.

What does Hecla Mining Company do?Hecla Mining produces silver, gold, lead, and zinc from four segments (Greens Creek 44.3%, Casa Berardi 23.0%, Lucky...

Hecla Mining produces silver, gold, lead, and zinc from four segments (Greens Creek 44.3%, Casa Berardi 23.0%, Lucky Friday 22.2%, Keno Hill 10.5% of 2025 metals sales). Concentrates and dore are sold to custom smelters and metal traders; Casa Berardi is being sold to Orezone.

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