# Hecla Mining Company (HL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Basic Materials / Metals & Mining. Price $20.68, market value $13.9 billion.

## Valuation
- **P/E (trailing): 24.9×** (5-yr avg 68.7×, 3-yr avg 60.4×). Hecla Mining Company trades at 24.9× trailing earnings, well below its own five-year average of 68.7×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×. Forward P/E is 19.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.03**. A PEG of 0.03 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 8.4×**. Each dollar of revenue is priced at 8.4×.
- **Price / book: 5.2×**. The shares trade at 5.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 15.1×**. Enterprise value is 15.1× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 3.7%** (5-yr avg -0.1%). Free cash flow equals 3.7% of the market value, above its five-year average of -0.1%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 4.0%**. The inverse of the P/E: 4.0% of the price is earned each year.

## Profitability
- **Gross margin: 52.3%**. Hecla Mining Company keeps 52.3% of revenue after the direct cost of what it sells.
- **Operating margin: 44.8%**. 44.8% of revenue is left after running the business, an exceptional level.
- **Net margin: 22.6%**. 22.6% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.4%**. 12.4% on shareholders' equity is solid.
- **Return on invested capital: 25.0%**. Return on all capital, debt included, is 25.0%: comfortably above what that capital costs.
- **Return on assets: 9.4%**. Each dollar of assets produces 9.4% of profit.

## Growth
- **Revenue growth (1 yr): 53.0%** (3-yr 25.6%/yr, 5-yr 15.5%/yr). Revenue grew 53.0% over the last year, against 15.5% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 716.7%**. Earnings per share rose 716.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Hecla Mining Company holds more cash than debt.
- **Altman Z-score: 10.50**. A Z-score of 10.50 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.07%** ($0.01 per share, trailing). Hecla Mining Company yields 0.07%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 3%** (2% of free cash flow). 3% of earnings goes out as dividends, leaving room to keep raising it.
- **Dividend growth (5 yr): -2.3%/yr** (1-yr -60.0%). The dividend has not grown over five years.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover Hecla Mining Company; the consensus is buy, with an average price target of $23.38 (+13% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 133.8%** (YTD 7.8%, 3-mo 39.9%). The shares are up 133.8% over twelve months including dividends.
- **From 52-week high: -39.5%** (112.8% above the low). Trading 39% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): 2.41** (volatility 75%). Beta of 2.41 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HL · Page: https://foliofundamentals.com/stocks/hl

Not investment advice.
