Hecla Mining (HL) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.22
- Estimate
- $0.15
- Surprise
- +50.9%
- Score today
- 6.9/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Hecla Mining (HL) beat the $0.15 estimate with adjusted EPS of $0.22 — a large 50.9% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates HL Buy (Wait) at 6.9/10; no pre/post engine snapshot brackets this report.
2 of the last 4 quarters beat the estimate; this quarter's +50.9% surprise compares with a +16.5% four-quarter average.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.8 in RISK_OFF)
- High-quality business
What argues against it
- Concentration risk — Commodity: silver, gold, lead and zinc
- Sector modifier (Basic Materials): -0.1
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $13.21
- Entry target
- $12.61
- Price target
- $19.03
- Stop
- $11.73
- Upside to target
- +44.1%
- Reward-to-risk
- 4.2:1
The stock trades at 17.6× trailing but 13.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
HL at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Other Precious Metals & Mining
- Market cap
- $8.86B
- P/E (fwd)
- 13.9
- P/E (ttm)
- 17.6
- 52-week range
- $11.81–$34.17
- Off 52-week high
- 61.3%
- RSI (14)
- 34
- Volume vs avg
- 0.98×
- Score today
- 6.9/10