Hecla Mining
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The last earnings update was 28 days ago. More info.
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HL Share Price and Events
7 Day Returns
1 Year Returns
HL Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hecla Mining (HL) | -1.6% | -17.1% | 0.8% | -33.4% | -9.7% | -21.9% |
| US Metals and Mining | 0.6% | 1.6% | 14.5% | -20.1% | 33.4% | -8.4% |
| US Market | 0.4% | 1.6% | 16.4% | 3.5% | 39.4% | 44% |
1 Year Return vs Industry and Market
- HL underperformed the Metals and Mining industry which returned -20.1% over the past year.
- HL underperformed the Market in United States of America which returned 3.5% over the past year.
Value
Is Hecla Mining undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Hecla Mining
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hecla Mining.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 11 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.4% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Metals and Mining Unlevered Beta | Simply Wall St/ S&P Global | 1.05 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.051 (1 + (1- 21%) (46.52%)) |
1.293 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.29 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.293 * 5.96%) |
10.44% |
Discounted Cash Flow Calculation for NYSE:HL using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Hecla Mining is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 10.44%) |
|
|---|---|---|---|
| 2019 | 8.97 | Analyst x7 | 8.12 |
| 2020 | 44.52 | Analyst x6 | 36.50 |
| 2021 | 90.50 | Analyst x2 | 67.19 |
| 2022 | 134.42 | Est @ 48.53% | 90.36 |
| 2023 | 181.19 | Est @ 34.79% | 110.29 |
| 2024 | 226.80 | Est @ 25.17% | 125.00 |
| 2025 | 268.62 | Est @ 18.44% | 134.06 |
| 2026 | 305.49 | Est @ 13.73% | 138.05 |
| 2027 | 337.35 | Est @ 10.43% | 138.04 |
| 2028 | 364.73 | Est @ 8.12% | 135.14 |
| Present value of next 10 years cash flows | $982.75 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $364.73 × (1 + 2.73%) ÷ (10.44% – 2.73%) |
$4,860.84 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $4,860.84 ÷ (1 + 10.44%)10 |
$1,801.00 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $982.75 + $1,801.00 |
$2,783.74 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $2,783.74 / 482.99 |
$5.76 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $5.76 |
| Current discount | Discount to share price of
$2.43
= -1 x ($2.43 - $5.76) / $5.76 |
57.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Hecla Mining's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Hecla Mining's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Hecla Mining's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Hecla Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $-0.06 |
| NYSE:HL Share Price ** | NYSE (2019-03-22) in USD | $2.43 |
| United States of America Metals and Mining Industry PE Ratio | Median Figure of 42 Publicly-Listed Metals and Mining Companies | 9.85x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.52x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hecla Mining.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:HL Share Price ÷ EPS (both in USD) = 2.43 ÷ -0.06 |
-38.84x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hecla Mining is loss making, we can't compare its value to the US Metals and Mining industry average.
- Hecla Mining is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Hecla Mining's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -38.84x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts |
49.9%per year |
| United States of America Metals and Mining Industry PEG Ratio | Median Figure of 24 Publicly-Listed Metals and Mining Companies | 0.59x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Hecla Mining, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Hecla Mining's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $3.50 |
| NYSE:HL Share Price * | NYSE (2019-03-22) in USD | $2.43 |
| United States of America Metals and Mining Industry PB Ratio | Median Figure of 100 Publicly-Listed Metals and Mining Companies | 1.72x |
| United States of America Market PB Ratio | Median Figure of 5,157 Publicly-Listed Companies | 1.88x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:HL Share Price ÷ Book Value per Share (both in USD) = 2.43 ÷ 3.50 |
0.69x |
* Primary Listing of Hecla Mining.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hecla Mining is good value based on assets compared to the US Metals and Mining industry average.
Value checks
We assess Hecla Mining's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Hecla Mining has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Hecla Mining's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Hecla Mining's earnings growth is expected to exceed the United States of America market average.
- Hecla Mining's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:HL Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts | 49.9% |
| NYSE:HL Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts | 12.5% |
| United States of America Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 14.1% |
| United States of America Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 2.5% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 943 | 55 | 1 | |
| 2022-12-31 | 995 | 81 | 1 | |
| 2021-12-31 | 879 | 211 | -6 | 3 |
| 2020-12-31 | 818 | 203 | 57 | 10 |
| 2019-12-31 | 651 | 131 | -25 | 11 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 567 | 94 | -27 |
| 2018-09-30 | 591 | 117 | -27 |
| 2018-06-30 | 588 | 117 | -7 |
| 2018-03-31 | 575 | 94 | -43 |
| 2017-12-31 | 578 | 116 | -29 |
| 2017-09-30 | 582 | 126 | 20 |
| 2017-06-30 | 620 | 185 | 46 |
| 2017-03-31 | 657 | 245 | 96 |
| 2016-12-31 | 646 | 225 | 61 |
| 2016-09-30 | 597 | 201 | -14 |
| 2016-06-30 | 523 | 140 | -50 |
| 2016-03-31 | 455 | 104 | -101 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
All data from Hecla Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 0.11 | 0.11 | 0.11 | 1.00 |
| 2022-12-31 | 0.17 | 0.17 | 0.17 | 1.00 |
| 2021-12-31 | 0.05 | 0.17 | -0.08 | 3.00 |
| 2020-12-31 | 0.12 | 0.15 | 0.10 | 3.00 |
| 2019-12-31 | 0.00 | 0.12 | -0.05 | 5.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | -0.06 |
| 2018-09-30 | -0.07 |
| 2018-06-30 | -0.02 |
| 2018-03-31 | -0.11 |
| 2017-12-31 | -0.07 |
| 2017-09-30 | 0.05 |
| 2017-06-30 | 0.12 |
| 2017-03-31 | 0.25 |
| 2016-12-31 | 0.16 |
| 2016-09-30 | -0.04 |
| 2016-06-30 | -0.13 |
| 2016-03-31 | -0.27 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Hecla Mining's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hecla Mining has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Hecla Mining performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Hecla Mining does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Hecla Mining's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Hecla Mining's 1-year growth to the US Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Hecla Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 567.14 | -27.12 | 79.88 | 5.44 |
| 2018-09-30 | 590.73 | -27.39 | 74.98 | 6.19 |
| 2018-06-30 | 587.92 | -6.58 | 67.52 | 6.05 |
| 2018-03-31 | 574.94 | -42.67 | 65.70 | 4.03 |
| 2017-12-31 | 577.78 | -29.07 | 67.87 | 3.28 |
| 2017-09-30 | 581.91 | 20.16 | 70.25 | 2.37 |
| 2017-06-30 | 620.46 | 45.63 | 67.27 | 1.24 |
| 2017-03-31 | 657.48 | 96.45 | 64.30 | 0.93 |
| 2016-12-31 | 645.96 | 61.02 | 66.86 | 0.24 |
| 2016-09-30 | 597.05 | -14.23 | 54.47 | |
| 2016-06-30 | 522.60 | -49.91 | 55.61 | |
| 2016-03-31 | 455.49 | -100.69 | 55.87 | |
| 2015-12-31 | 443.57 | -87.52 | 56.16 | |
| 2015-09-30 | 450.22 | -7.65 | 57.95 | |
| 2015-06-30 | 480.78 | 5.92 | 55.32 | |
| 2015-03-31 | 494.09 | 18.18 | 52.55 | |
| 2014-12-31 | 500.78 | 17.27 | 51.21 | |
| 2014-09-30 | 492.98 | -2.54 | 51.49 | |
| 2014-06-30 | 464.10 | -14.68 | 54.38 | |
| 2014-03-31 | 431.93 | -25.14 | 60.86 | |
| 2013-12-31 | 382.59 | -25.68 | 66.58 | |
| 2013-09-30 | 349.51 | -22.03 | 71.94 | |
| 2013-06-30 | 324.75 | -14.46 | 77.81 | |
| 2013-03-31 | 306.44 | 12.92 | 75.74 | |
| 2012-12-31 | 321.14 | 14.40 | 70.99 | |
| 2012-09-30 | 342.91 | 32.23 | 66.82 | |
| 2012-06-30 | 381.58 | 89.03 | 61.18 | |
| 2012-03-31 | 432.42 | 119.83 | 55.42 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Hecla Mining has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- Hecla Mining used its assets less efficiently than the US Metals and Mining industry average last year based on Return on Assets.
- It is difficult to establish if Hecla Mining improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Hecla Mining's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hecla Mining has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Hecla Mining's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Hecla Mining's finances.
The net worth of a company is the difference between its assets and liabilities.
- Hecla Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Hecla Mining's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Hecla Mining Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1,690.96 | 545.93 | 27.39 |
| 2018-09-30 | 1,722.07 | 548.77 | 60.86 |
| 2018-06-30 | 1,501.30 | 548.00 | 245.28 |
| 2018-03-31 | 1,494.50 | 546.33 | 246.93 |
| 2017-12-31 | 1,461.28 | 514.03 | 219.87 |
| 2017-09-30 | 1,512.94 | 515.21 | 205.90 |
| 2017-06-30 | 1,502.39 | 514.70 | 201.93 |
| 2017-03-31 | 1,514.30 | 513.03 | 213.29 |
| 2016-12-31 | 1,479.84 | 512.94 | 198.89 |
| 2016-09-30 | 1,461.98 | 515.76 | 192.38 |
| 2016-06-30 | 1,379.68 | 517.28 | 158.68 |
| 2016-03-31 | 1,347.25 | 518.23 | 134.02 |
| 2015-12-31 | 1,338.93 | 520.50 | 155.21 |
| 2015-09-30 | 1,401.77 | 522.24 | 174.45 |
| 2015-06-30 | 1,411.57 | 523.25 | 191.57 |
| 2015-03-31 | 1,419.33 | 520.67 | 196.23 |
| 2014-12-31 | 1,396.97 | 521.62 | 209.67 |
| 2014-09-30 | 1,386.37 | 517.54 | 222.36 |
| 2014-06-30 | 1,341.38 | 516.83 | 222.08 |
| 2014-03-31 | 1,343.46 | 513.64 | 207.64 |
| 2013-12-31 | 1,326.42 | 513.53 | 212.18 |
| 2013-09-30 | 1,327.79 | 510.42 | 237.84 |
| 2013-06-30 | 1,334.73 | 510.90 | 296.38 |
| 2013-03-31 | 1,143.20 | 22.68 | 168.61 |
| 2012-12-31 | 1,137.95 | 17.50 | 190.98 |
| 2012-09-30 | 1,147.29 | 14.82 | 232.19 |
| 2012-06-30 | 1,145.43 | 13.61 | 233.33 |
| 2012-03-31 | 1,149.32 | 13.62 | 278.50 |
- Hecla Mining's level of debt (32.3%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (38.7% vs 32.3% today).
- Debt is not well covered by operating cash flow (17.3%, less than 20% of total debt).
- Hecla Mining is making a loss, therefore interest payments are not well covered by earnings.
Financial health checks
We assess Hecla Mining's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hecla Mining has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Hecla Mining's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Hecla Mining
shares you are expected to receive
$8
in your first year as a dividend.
Dividend Amount
- Hecla Mining's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
- Hecla Mining's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 11 Analyst Estimates (S&P Global) | See Below |
| United States of America Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 30 Stocks | 2.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2006 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.01 | 1.00 |
| 2022-12-31 | 0.01 | 1.00 |
| 2021-12-31 | 0.01 | 3.00 |
| 2020-12-31 | 0.01 | 4.00 |
| 2019-12-31 | 0.01 | 4.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-22 | 0.010 | 0.418 |
| 2019-02-21 | 0.010 | 0.376 |
| 2018-11-09 | 0.010 | 0.400 |
| 2018-11-08 | 0.010 | 0.410 |
| 2018-08-09 | 0.010 | 0.359 |
| 2018-05-10 | 0.010 | 0.280 |
| 2018-02-15 | 0.010 | 0.266 |
| 2017-11-07 | 0.010 | 0.255 |
| 2017-08-03 | 0.010 | 0.199 |
| 2017-05-10 | 0.010 | 0.184 |
| 2017-05-08 | 0.010 | 0.184 |
| 2017-02-23 | 0.010 | 0.189 |
| 2016-11-08 | 0.010 | 0.165 |
| 2016-08-04 | 0.010 | 0.168 |
| 2016-05-05 | 0.010 | 0.205 |
| 2016-02-23 | 0.010 | 0.335 |
| 2015-11-04 | 0.010 | 0.518 |
| 2015-08-10 | 0.010 | 0.471 |
| 2015-08-06 | 0.010 | 0.516 |
| 2015-05-07 | 0.010 | 0.377 |
| 2015-02-18 | 0.010 | 0.319 |
| 2014-11-05 | 0.010 | 0.359 |
| 2014-07-31 | 0.010 | 0.365 |
| 2014-05-06 | 0.010 | 0.320 |
| 2014-05-05 | 0.010 | 0.326 |
| 2014-02-21 | 0.010 | 0.309 |
| 2013-02-25 | 0.050 | 1.526 |
| 2012-11-06 | 0.090 | 1.608 |
| 2012-08-07 | 0.010 | 0.170 |
| 2012-05-08 | 0.090 | 2.036 |
| 2012-02-21 | 0.050 | 1.109 |
| 2011-11-08 | 0.080 | 1.455 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hecla Mining is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
- Hecla Mining is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Hecla Mining's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Hecla Mining afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Hecla Mining has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $4,970,594 |
| AGE | 58 |
| TENURE AS CEO | 15.8 years |
CEO Bio
Mr. Phillips S. Baker, Jr., has been the Chief Executive Officer of Hecla Mining Company. since May 9, 2003 and has been its President since November 2001. Mr. Baker served as the Chief Financial Officer of Hecla Mining Co. from May 2001 to June 2003 and also served as its Chief Operating Officer from November 2001 to May 2003. He served as a Vice President of Hecla Mining Co. from May 2001 to November 2001. He served as a Vice President and Chief Financial Officer of Battle Mountain Gold Company from March 1998 to January 2001. He served as the Chief Financial Officer and Vice President of Finance at Pegasus Gold Inc. from January 1994 to March 1998. Prior to joining Pegasus in 1994, he worked for approximately eight years in various positions at Battle Mountain Gold Co., culminating as Treasurer. He served as an Accountant for Arthur Andersen LLP. Mr. Baker has been a Director of Hecla Mining Co. since November 2001. He has been an Independent Director of QEP Resources, Inc., since June 2010 and Chairman of the Board for the National Mining Association since October 2017 and has been a its Board member since September 2010. He also served as Vice Chairman of the Board of National Mining Association from October 2015 to October 2017. He served as a Director of USMX, Inc. since 1995. He served as Director of Questar Corp. since February 10, 2004 to 2010. He is an Attorney, Certified Public Accountant and Certified Cash Manager. He holds a Master of Business Administration and JD degrees from the University of Houston in 1985. He has also served as a Board member of the National Mining Hall of Fame and Museum (a federally-chartered non-profit national mining museum) since February 2012. He became a member of the State Bar of Texas in 1985. Mr. Baker also holds a Bachelor of Business Administration in Accounting from Texas A&M University in 1981. He received law degree and Master of Business Administration from the University of Houston in 1985. He received his Certified Public Accountant designation in 1986 from the Texas State Board of Public Accounting
CEO Compensation
- Phillips's compensation has been consistent with company performance over the past year.
- Phillips's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Hecla Mining management team in years:
- The average tenure for the Hecla Mining management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Phillips Baker
President
$5M
58
15.8 yrs
Lindsay Hall
Senior VP
$2M
63
2.7 yrs
Larry Radford
Senior VP & COO
$2M
57
5.7 yrs
David Sienko
VP & General Counsel
$1M
49
9.2 yrs
Dean W. McDonald
Senior Vice President of Exploration
$2M
61
5.7 yrs
Mike Westerlund
Vice President of Investor Relations
49
Rob Brown
Vice President of Corporate Development
49
3.2 yrs
Steve Petroni
General Manager
Michael White
Corporate Secretary
67
George Sturgis
Vice President of Project Development - Hecla Limited
10.7 yrs
Board of Directors Tenure
Average tenure and age of the Hecla Mining board of directors in years:
- The average tenure for the Hecla Mining board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Ted Crumley
Chairman of the Board
$285K
73
12.8 yrs
Phillips Baker
President
$5M
58
17.3 yrs
George Nethercutt
Director
$205K
74
14.1 yrs
Terry Rogers
Director
$228K
71
11.8 yrs
Steve Ralbovsky
Director
$207K
64
3 yrs
Chuck Stanley
Director
$219K
59
11.8 yrs
George Johnson
Director
$206K
69
3 yrs
Cassie Boggs
Director
$201K
63
2.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Hecla Mining's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Hecla Mining has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
How Should Investors Feel About Hecla Mining Company's (NYSE:HL) CEO Pay?
How Does Phillips Baker's Compensation Compare With Similar Sized Companies. … According to our data, Hecla Mining Company has a market capitalization of US$1.1b, and pays its CEO total annual compensation worth US$5.0m. … While this analysis focuses on total compensation, it's worth noting the salary is lower, valued at US$619k
Simply Wall St - – Full articleWhat Investors Should Know About Hecla Mining Company's (NYSE:HL) Financial Strength
While small-cap stocks, such as Hecla Mining Company (NYSE:HL) with its market cap of US$1.1b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.
Simply Wall St - – Full articleWhat Kind Of Shareholders Own Hecla Mining Company (NYSE:HL)?
The big shareholder groups in Hecla Mining Company (NYSE:HL) have power over the company. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Hecla Mining has a market capitalization of US$1.2b, so we would expect some institutional investors to have noticed the stock.
Simply Wall St - – Full articleEstimating The Fair Value Of Hecla Mining Company (NYSE:HL)
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of Hecla Mining Company (NYSE:HL) as an investment opportunity. … by projecting its future cash flows and then discounting them to today's value. … If you are reading this and its not November 2018 then I highly recommend you check out the latest calculation for Hecla Mining by following the link below
Simply Wall St - – Full articleIs Hecla Mining Company's (NYSE:HL) CEO Being Overpaid?
Phillips Baker became the CEO of Hecla Mining Company (NYSE:HL) in 2003. … According to our data, Hecla Mining Company has a market capitalization of US$1.4b, and pays its CEO total annual compensation worth US$5m. … As you can see, Phillips Baker is paid more than the median CEO pay at companies of a similar size, in the same market
Simply Wall St - – Full articleHow Financially Strong Is Hecla Mining Company (NYSE:HL)?
While small-cap stocks, such as Hecla Mining Company (NYSE:HL) with its market cap of US$1.39b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.
Simply Wall St - – Full articleWho Are Hecla Mining Company's (NYSE:HL) Major Shareholders?
In this article, I will take a quick look at Hecla Mining Company’s (NYSE:HL) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure of a company has been found to affect share performance over time. … NYSE:HL Ownership Summary July 30th 18
Simply Wall St - – Full articleA Look At The Intrinsic Value Of Hecla Mining Company (NYSE:HL)
In this article I am going to calculate the intrinsic value of Hecla Mining Company (NYSE:HL). … by projecting its future cash flows and then discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleWhere Hecla Mining Company's (NYSE:HL) Earnings Growth Stands Against Its Industry
In this article, I will take a look at Hecla Mining Company's (NYSE:HL) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, along with how the rest of HL's industry performed. … Commentary On HL's Past Performance … HL has recently become loss-making, with its trailing twelve-month earnings of -US$42.66m (from 31 March 2018) compared to its previous earnings of US$69.00m
Simply Wall St - – Full articleCalculating The Fair Value Of Hecla Mining Company (NYSE:HL)
Today, I will calculate the stock's intrinsic value by taking the foreast future cash flows of the company and discounting them back to today's value. … 5-year cash flow estimate 2018 2019 2020 2021 2022 Levered FCF ($, Millions) $62.48 $111.93 $148.30 $164.55 $182.59 Source Analyst x4 Analyst x4 Analyst x2 Extrapolated @ (10.96%) Extrapolated @ (10.96%) Present Value Discounted @ 12.73% $55.42 $88.07 $103.51 $101.88 $100.27 Present Value of 5-year Cash Flow (PVCF)= $449 The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … Terminal Value (TV) = FCF2022 × (1 + g) ÷ (r – g) = $183 × (1 + 2.5%) ÷ (12.7% – 2.5%) = $1,823 Present Value of Terminal Value (PVTV) = TV / (1 + r)5 = $1,823 / ( 1 + 12.7%)5 = $1,001 The total value, or equity value, is then the sum of the present value of the cash flows, which in this case is $1,450.
Simply Wall St - – Full articleCompany Info
Description
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The company offers lead, zinc, and bulk flotation concentrates to custom smelters and brokers; and unrefined gold and silver bullion bars to precious metals traders. It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; Lucky Friday mine located in northern Idaho; Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and San Sebastian mine located in the city of Durango, Mexico. The company also holds 100% interests in the Fire Creek mine located in Lander County, Nevada; and Hollister and Midas mines located in Elko County, Nevada. Hecla Mining Company was founded in 1891 and is headquartered in Coeur d'Alene, Idaho.
Details
| Name: | Hecla Mining Company |
| HL | |
| Exchange: | NYSE |
| Founded: | 1891 |
| $1,173,660,237 | |
| 482,987,752 | |
| Website: | http://www.hecla-mining.com |
| Address: |
Hecla Mining Company 6500 North Mineral Drive, Suite 200, Coeur d'Alene, Idaho, 83815, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | HL | Common Stock | New York Stock Exchange | US | USD | 02. Jan 1968 | |
| DB | HCL | Common Stock | Deutsche Boerse AG | DE | EUR | 02. Jan 1968 | |
| LSE | 0R0A | Common Stock | London Stock Exchange | GB | USD | 02. Jan 1968 | |
| SWX | HL | Common Stock | SIX Swiss Exchange | CH | CHF | 02. Jan 1968 | |
| NYSE | HL.PRB | PFD CV SER B | New York Stock Exchange | US | USD | 23. Jun 1993 |
Number of employees
Current staff
Industry
| Silver | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/22 23:37 |
| End of day share price update: | 2019/03/22 00:00 |
| Last estimates confirmation: | 2019/03/18 |
| Last earnings filing: | 2019/02/22 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
