Hecla Stock Today

HL
 Stock
  

USD 5.72  0.15  2.69%   

Market Performance
12 of 100
Odds Of Distress
Less than 6
Hecla Mining is selling for 5.72 as of the 4th of December 2022. This is a 2.69 percent up since the beginning of the trading day. The stock's lowest day price was 5.4. Hecla Mining has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Equity ratings for Hecla Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2020 and ending today, the 4th of December 2022. Click here to learn more.
CUSIP
422704106
Fiscal Year End
December
Business Domain
Materials
IPO Date
14th of February 1985
Category
Basic Materials
Classification
Materials
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur dAlene, Idaho. The company has 606.27 M outstanding shares of which 14.68 M shares are currently sold short in the market by investors with about 1.65 days to cover all shorted shares. More on Hecla Mining

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Hecla Mining Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hecla Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hecla Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Hecla Mining appears to be risky and price may revert if volatility continues
Hecla Mining has a strong financial position based on the latest SEC filings
About 59.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: 3 Gold and Silver Stocks Under 5 - Outsider Club
ChairmanTheodore Crumley
Thematic IdeaGold and Gold Mining (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Hecla Mining report their recommendations after researching Hecla Mining's financial statements, talking to executives and customers, or listening in on Hecla Mining's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hecla Mining. The Hecla consensus assessment is calculated by taking the average forecast from all of the analysts covering Hecla Mining.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Hecla Mining based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Hecla Mining financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted450.1 M542.2 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares444.8 M536.2 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets1.141.3007
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations237.7 M220.3 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities163.1 M160.4 M
Fairly Up
Decreasing
Very volatile
Total Liabilities833.5 M968 M
Fairly Down
Increasing
Slightly volatile
Gross Margin29.2526.9732
Significantly Up
Decreasing
Slightly volatile
Total Debt531.4 M533.9 M
Slightly Down
Increasing
Slightly volatile
Asset Turnover0.310.2993
Sufficiently Up
Decreasing
Very volatile
Current Assets353.5 M341.6 M
Sufficiently Up
Decreasing
Slightly volatile
Total Assets2.4 B2.7 B
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hecla Mining's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Hecla Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hecla Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Hecla Mining's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Hecla Mining's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hecla Mining's financial leverage. It provides some insight into what part of Hecla Mining's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hecla Mining's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hecla Mining deploys its capital and how much of that capital is borrowed.
Liquidity
Hecla Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 508.1 M of total liabilities with total debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from financial leverage. Hecla Mining has a current ratio of 2.0, which is generally considered normal. Debt can assist Hecla Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Hecla Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hecla Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hecla to invest in growth at high rates of return. When we think about Hecla Mining's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

237.73 Million
Hecla Mining (HL) is traded on New York Stock Exchange in USA and employs 1,650 people. Hecla Mining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 3.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hecla Mining's market, we take the total number of its shares issued and multiply it by Hecla Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Hecla Mining is active under Metals & Mining sector as part of Materials industry. The entity has 606.27 M outstanding shares of which 14.68 M shares are currently sold short in the market by investors with about 1.65 days to cover all shorted shares. Hecla Mining reports about 210.01 M in cash with 220.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37.
Check Hecla Mining Probability Of Bankruptcy
Ownership
Hecla Mining secures a total of 606.27 Million outstanding shares. Over half of Hecla Mining outstanding shares are owned by outside corporations. These outside corporations are typically referred to corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Hecla Mining. Please watch out for any change in the institutional holdings of Hecla Mining as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Hecla Ownership Details

Hecla Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Hecla Mining jumping above the current price in 90 days from now is near 1%. The Hecla Mining probability density function shows the probability of Hecla Mining stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 2.1274. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hecla Mining will likely underperform. Additionally, the company has an alpha of 0.45, implying that it can generate a 0.45 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 5.72HorizonTargetOdds Above 5.72
99.32%90 days
 5.72 
0.67%
Based on a normal probability distribution, the odds of Hecla Mining to move above the current price in 90 days from now is near 1 (This Hecla Mining probability density function shows the probability of Hecla Stock to fall within a particular range of prices over 90 days) .

Hecla Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hecla Mining that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hecla Mining's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hecla Mining's value.
InstituionSecurity TypeTotal SharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares111.6 K440 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares99.5 K390 K
View Hecla Mining Diagnostics

Hecla Mining Historical Income Statement

Hecla Mining Income Statement is one of the three primary financial statements used for reporting Hecla's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hecla Mining revenue and expense. Hecla Mining Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Hecla Mining Operating Income is relatively stable at the moment as compared to the past year. The company's current value of Operating Income is estimated at 90.1 Million. Selling General and Administrative Expense is expected to hike to about 37 M this year, although the value of Cost of Revenue will most likely fall to nearly 555.8 M. View More Fundamentals

Hecla Stock Against Markets

Picking the right benchmark for Hecla Mining stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hecla Mining stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hecla Mining is critical whether you are bullish or bearish towards Hecla Mining at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hecla Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hecla Mining Corporate Directors

Hecla Mining corporate directors refer to members of a Hecla Mining board of directors. The board of directors generally takes responsibility for the Hecla Mining's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hecla Mining's board members must vote for the resolution. The Hecla Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Anthony Taylor - Independent DirectorProfile
Stephen Ralbovsky - Independent DirectorProfile
George Johnson - Independent DirectorProfile
Catherine Boggs - Independent DirectorProfile

Invested in Hecla Mining?

The danger of trading Hecla Mining is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hecla Mining is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hecla Mining. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hecla Mining is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Hecla Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hecla Mining. If investors know Hecla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.81) 
Market Capitalization
3.5 B
Quarterly Revenue Growth YOY
(0.24) 
Return On Assets
0.0117
Return On Equity
(1.17) 
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine Hecla Mining value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.