NYSE:HL

Stock Analysis Report

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Market Cap

US$4.2b

Last Updated

2021/06/24 03:45 UTC

Data Sources

Company Financials +

Executive Summary

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. More Details


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Hecla Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: HL's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-10.5%

HL

-4.0%

US Metals and Mining

0.5%

US Market


1 Year Return

167.9%

HL

76.2%

US Metals and Mining

42.6%

US Market

Return vs Industry: HL exceeded the US Metals and Mining industry which returned 76.2% over the past year.

Return vs Market: HL exceeded the US Market which returned 42.6% over the past year.


Shareholder returns

HLIndustryMarket
7 Day-10.5%-4.0%0.5%
30 Day-11.5%-8.4%1.9%
90 Day34.2%10.3%7.9%
1 Year169.2%167.9%80.2%76.2%44.9%42.6%
3 Year125.4%122.4%51.6%41.7%64.4%54.1%
5 Year61.8%58.9%116.0%97.3%128.3%102.7%

Long-Term Price Volatility Vs. Market

How volatile is Hecla Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hecla Mining undervalued compared to its fair value and its price relative to the market?

221.16x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HL ($7.85) is trading above our estimate of fair value ($4.14)

Significantly Below Fair Value: HL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HL is poor value based on its PE Ratio (221.2x) compared to the US Metals and Mining industry average (16.3x).

PE vs Market: HL is poor value based on its PE Ratio (221.2x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: HL is poor value based on its PEG Ratio (5.6x)


Price to Book Ratio

PB vs Industry: HL's PB Ratio (2.4x) is in line with the US Metals and Mining industry average.


Future Growth

How is Hecla Mining forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

39.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HL's forecast earnings growth (39.3% per year) is above the savings rate (2%).

Earnings vs Market: HL's earnings (39.3% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HL's revenue is expected to decline over the next 3 years (-5.9% per year).

High Growth Revenue: HL's revenue is forecast to decline over the next 3 years (-5.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HL's Return on Equity is forecast to be low in 3 years time (7.3%).


Past Performance

How has Hecla Mining performed over the past 5 years?

-20.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HL has a large one-off loss of $15.0M impacting its March 31 2021 financial results.

Growing Profit Margin: HL became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: HL has become profitable over the past 5 years, growing earnings by -20.7% per year.

Accelerating Growth: HL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (21.4%).


Return on Equity

High ROE: HL's Return on Equity (1.1%) is considered low.


Financial Health

How is Hecla Mining's financial position?


Financial Position Analysis

Short Term Liabilities: HL's short term assets ($297.9M) exceed its short term liabilities ($109.1M).

Long Term Liabilities: HL's short term assets ($297.9M) do not cover its long term liabilities ($821.1M).


Debt to Equity History and Analysis

Debt Level: HL's debt to equity ratio (29.5%) is considered satisfactory.

Reducing Debt: HL's debt to equity ratio has reduced from 37.3% to 29.5% over the past 5 years.

Debt Coverage: HL's debt is well covered by operating cash flow (42.1%).

Interest Coverage: HL's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Dividend

What is Hecla Mining current dividend yield, its reliability and sustainability?

0.57%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HL's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.3%).

High Dividend: HL's dividend (0.57%) is low compared to the top 25% of dividend payers in the US market (3.46%).


Stability and Growth of Payments

Stable Dividend: HL is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: HL is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: HL is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure


CEO

Phillips Baker (60 yo)

18.08yrs

Tenure

US$5,190,508

Compensation

Mr. Phillips S. Baker, Jr., has been the Chief Executive Officer of Hecla Mining Company since May 9, 2003 and its President since November 2001. Mr. Baker served as the Chief Financial Officer of Hecla Mi...


CEO Compensation Analysis

Compensation vs Market: Phillips's total compensation ($USD5.19M) is about average for companies of similar size in the US market ($USD5.31M).

Compensation vs Earnings: Phillips's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HL's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: HL's board of directors are considered experienced (9.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: HL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hecla Mining Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hecla Mining Company
  • Ticker: HL
  • Exchange: NYSE
  • Founded: 1891
  • Industry: Silver
  • Sector: Materials
  • Market Cap: US$4.204b
  • Shares outstanding: 535.56m
  • Website: https://www.hecla-mining.com

Number of Employees


Location

  • Hecla Mining Company
  • 6500 North Mineral Drive
  • Suite 200
  • Coeur d'Alene
  • Idaho
  • 83815-9408
  • United States

Listings


Biography

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally. The company offers lead, zinc,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/24 03:45
End of Day Share Price2021/06/23 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.