Hecla Mining Valuation

Is 0R0A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0R0A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0R0A ($5.07) is trading below our estimate of fair value ($15.85)

Significantly Below Fair Value: 0R0A is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R0A?

Key metric: As 0R0A is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0R0A. This is calculated by dividing 0R0A's market cap by their current revenue.
What is 0R0A's PS Ratio?
PS Ratio3.8x
SalesUS$840.96m
Market CapUS$3.19b

Price to Sales Ratio vs Peers

How does 0R0A's PS Ratio compare to its peers?

The above table shows the PS ratio for 0R0A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
NLMK Novolipetsk Steel
0.3xn/aUS$4.1b
FRES Fresnillo
2.1x4.8%UK£4.7b
HILS Hill & Smith
1.8x5.9%UK£1.5b
HOC Hochschild Mining
1.8x8.6%UK£1.1b
0R0A Hecla Mining
3.8x10.0%US$3.2b

Price-To-Sales vs Peers: 0R0A is expensive based on its Price-To-Sales Ratio (3.8x) compared to the peer average (1.9x).


Price to Sales Ratio vs Industry

How does 0R0A's PS Ratio compare vs other companies in the GB Metals and Mining Industry?

14 CompaniesPrice / SalesEstimated GrowthMarket Cap
GLEN Glencore
0.2x-1.0%US$54.09b
NLMK Novolipetsk Steel
0.3xn/aUS$4.08b
EVR EVRAZ
0.1x-8.5%US$1.42b
PDL Petra Diamonds
0.2x8.8%US$68.09m
0R0A 3.8xIndustry Avg. 1.8xNo. of Companies14PS01.22.43.64.86+
14 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0R0A is expensive based on its Price-To-Sales Ratio (3.8x) compared to the UK Metals and Mining industry average (1.8x).


Price to Sales Ratio vs Fair Ratio

What is 0R0A's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0R0A PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.8x
Fair PS Ratio2.1x

Price-To-Sales vs Fair Ratio: 0R0A is expensive based on its Price-To-Sales Ratio (3.8x) compared to the estimated Fair Price-To-Sales Ratio (2.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0R0A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.07
US$7.91
+56.2%
16.3%US$11.50US$6.60n/a10
Dec ’25US$5.52
US$7.91
+43.3%
16.3%US$11.50US$6.60n/a10
Nov ’25US$6.44
US$7.97
+23.8%
14.9%US$10.25US$6.00n/a10
Oct ’25US$6.53
US$7.65
+17.2%
15.8%US$10.25US$6.00n/a10
Sep ’25US$5.86
US$7.40
+26.3%
16.6%US$10.25US$6.00n/a10
Aug ’25US$5.37
US$7.48
+39.3%
16.2%US$10.25US$6.00n/a10
Jul ’25US$4.79
US$7.48
+56.1%
17.0%US$10.25US$6.00n/a10
Jun ’25US$5.88
US$7.35
+25.0%
18.2%US$10.25US$6.00n/a10
May ’25US$4.82
US$7.00
+45.3%
21.7%US$10.25US$5.00n/a10
Apr ’25US$4.83
US$5.69
+17.7%
20.4%US$8.25US$3.75n/a10
Mar ’25US$3.71
US$5.69
+53.2%
20.4%US$8.25US$3.75n/a10
Feb ’25US$3.92
US$6.10
+55.8%
18.4%US$8.75US$4.25n/a10
Jan ’25US$4.83
US$5.88
+21.7%
20.7%US$8.75US$4.25n/a11
Dec ’24US$5.10
US$5.83
+14.3%
21.0%US$8.75US$4.25US$5.5211
Nov ’24US$4.00
US$5.99
+49.8%
21.2%US$9.00US$4.40US$6.4411
Oct ’24US$3.87
US$6.20
+60.4%
21.1%US$9.00US$4.00US$6.5311
Sep ’24US$4.36
US$6.43
+47.4%
21.4%US$9.25US$4.50US$5.8610
Aug ’24US$5.48
US$7.13
+30.0%
17.3%US$10.00US$5.50US$5.3710
Jul ’24US$5.15
US$7.03
+36.4%
12.3%US$8.25US$5.75US$4.7910
Jun ’24US$5.55
US$7.03
+26.7%
12.9%US$8.25US$5.75US$5.889
May ’24US$6.09
US$7.19
+18.0%
12.4%US$8.25US$6.00US$4.828
Apr ’24US$6.31
US$6.34
+0.6%
9.4%US$7.50US$5.50US$4.838
Mar ’24US$5.40
US$6.00
+11.2%
10.4%US$7.00US$4.75US$3.718
Feb ’24US$6.13
US$6.28
+2.5%
11.3%US$7.25US$5.00US$3.928
Jan ’24US$5.55
US$5.81
+4.6%
13.9%US$7.00US$4.75US$4.839
Dec ’23US$5.55
US$5.75
+3.7%
15.5%US$7.00US$4.25US$5.109

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:59
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hecla Mining Company is covered by 28 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Garrett NelsonBB&T Capital Markets
Brian QuastBMO Capital Markets Equity Research
Michael JalonenBofA Global Research