Hecla Mining (HL)
Operates three North American underground mines centered on silver, with gold and base-metal by-products.
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Produces silver, gold, zinc, and lead from three underground mines in Alaska, Idaho, and Yukon, earning revenue from concentrate sales. The sale of Casa Berardi removed its standalone gold mine, leaving a North American silver portfolio whose results depend on metal prices and mine execution.
Mines silver-rich ore at three underground operations: Greens Creek in Alaska, Lucky Friday in Idaho, and Keno Hill in Canada's Yukon. Greens Creek also produces gold, zinc, and lead, while Lucky Friday and Keno Hill turn polymetallic ore into silver-bearing concentrates.
Combines long-lived underground deposits with on-site milling and concentrate production. Gold, zinc, and lead by-products support the economics of the primary silver business, while exploration around established districts seeks to replenish reserves and extend mine lives.
Following the completed sale of Casa Berardi, the portfolio is concentrated in the United States and Canada and no longer includes a standalone gold mine. Revenue and reserve economics remain exposed to metal prices; production also depends on underground development, mill performance, power availability, permitting, and environmental obligations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 20, 2026 | Jefferies | Initiate | Rating: —Target: — | Target: $22 |
| Jul 14, 2026 | Scotiabank | Reiterate | Rating: —Target: $25 | Target: $21 |
| May 6, 2026 | H.C. Wainwright | Target | Target: $36.50 | Target: $26.75 |
| Apr 29, 2026 | Canaccord Genuity | Upgrade | Target: $26.50 | Target: $24 |
| Feb 18, 2026 | Roth Capital | Target | Target: $16 | Target: $13 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $485.3M · Total debt $12.7M · Total assets $3.19B · Shareholders' equity $2.68B
- Revenue
- $333.9M
- Operating income
- $145.7M
- Net income
- $117.7M
HistoryDividendAnnual yield
| Institutions | ≈ 71.79% | 482.25M shares | |
|---|---|---|---|
| 630 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 7.76% | 52.13M shares | |
| 18 holders · as of Aug 24, 2026 | |||
| Strategic holders | 5.18% | 34.80M shares | |
| 1 holder · as of Sep 13, 2022 | |||
| Other | ≈ 15.27% | 102.59M shares | |
| remainder | |||
671.77M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.48% | 70.37M | as of Jun 30, 2026 |
666 Third Ave. - 9th Floor, New York, New York 10017Insider | 6.98% | 46.92M | filed Feb 11, 2022 |
Van Eck Associates CorpInstitution | 5.68% | 38.17M | as of Jun 30, 2026 |
Wheaton Precious Metals Corp.Strategic | 5.18% | 34.80M | filed Sep 13, 2022 |
State Street CorpInstitution | 5.03% | 33.81M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Patrick Shay Malone | officer: VP - Sustainability | −23,994 | $20.76 |
| Jan 6, 2026 | Kurt Allen | officer: VP-Exploration | −52,219 | $21.91 |
| Dec 17, 2025 | David C. Sienko | officer: Sr. VP, GC & Secretary | −207,553 | $19.42 |
| Dec 19, 2025 | Michael L. Clary | officer: Sr. VP & CAO | −75,000 | $20.30 |
| Nov 10, 2025 | Russell Douglas Lawlar | officer: Sr. VP & CFO | −166,907 | $15.00 |
- Pan American Silver
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- Coeur Mining
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- First Majestic Silver
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- Endeavour Silver
Fast-growing primary silver miner; 6.5 Moz Ag 2025; Terronera mine commissioned.
- Silvercorp Metals
China-based silver-lead-zinc miner; ~6.9 Moz Ag FY2025; metal mix mirrors Hecla.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Hecla Mining | $18.87 | +2.83% | $12.31B | 37.4 | 23.6 | 7.7 | +9.8% |
| Pan American Silver | $50.02 | +2.61% | $20.54B | 14.7 | 12.2 | 4.8 | +35.9% |
| Coeur Mining | $20.09 | +2.95% | $20.12B | 15.7 | 14.6 | 6.3 | +125.9% |
| First Majestic Silver | $19.76 | +2.33% | $9.52B | 27.8 | 22.1 | 5.8 | +57.0% |
| Endeavour Silver | $10.26 | +1.23% | $3.00B | 53.9 | 11.3 | 4.1 | +139.4% |
| Silvercorp Metals | $12.03 | +1.65% | $2.62B | 116.3 | 15.6 | 5.3 | +70.5% |
| Median | 27.8 | 14.6 | 5.3 | +70.5% |