Hecla Mining
Market Cap
US$1.7b
Last Updated
2020/02/23 00:53 UTC
Data Sources
Company Financials +
Executive Summary
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide.
Rewards
Risk Analysis
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
12.7%
HL
2.1%
US Metals and Mining
-1.0%
US Market
1 Year Return
27.0%
HL
-2.0%
US Metals and Mining
18.0%
US Market
Return vs Industry: HL exceeded the US Metals and Mining industry which returned -2% over the past year.
Return vs Market: HL exceeded the US Market which returned 18% over the past year.
Shareholder returns
| HL | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.7% | 2.1% | -1.0% |
| 30 Day | 3.1% | -2.1% | 0.6% |
| 90 Day | 40.0% | 1.1% | 7.9% |
| 1 Year | 27.7%27.0% | 0.6%-2.0% | 20.4%18.0% |
| 3 Year | -43.6%-44.2% | 0.04%-5.3% | 48.0%38.5% |
| 5 Year | 0.8%-0.9% | 20.9%11.6% | 72.2%53.3% |
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
1 week ago | Simply Wall St
Is Hecla Mining Company's (NYSE:HL) CEO Paid At A Competitive Rate?3 weeks ago | Simply Wall St
A Look At The Intrinsic Value Of Hecla Mining Company (NYSE:HL)1 month ago | Simply Wall St
Have Hecla Mining Company (NYSE:HL) Insiders Been Selling Their Stock?Valuation
Is Hecla Mining undervalued compared to its fair value and its price relative to the market?
1.02x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: HL ($3.29) is trading above our estimate of fair value ($1.88)
Significantly Below Fair Value: HL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: HL is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HL is good value based on its PB Ratio (1x) compared to the US Metals and Mining industry average (1.5x).
Next Steps
Future Growth
How is Hecla Mining forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
154.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: HL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: HL's is expected to become profitable in the next 3 years.
Revenue vs Market: HL's revenue is expected to decline over the next 3 years (-2.2% per year).
High Growth Revenue: HL's revenue is forecast to decline over the next 3 years (-2.2% 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 (0%).
Next Steps
Past Performance
How has Hecla Mining performed over the past 5 years?
-33.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HL is currently unprofitable.
Growing Profit Margin: HL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HL is unprofitable, and losses have increased over the past 5 years at a rate of -33.2% per year.
Accelerating Growth: Unable to compare HL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-32.4%).
Return on Equity
High ROE: HL has a negative Return on Equity (-5.88%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Hecla Mining's financial position?
Financial Position Analysis
Short Term Liabilities: HL's short term assets ($179.1M) exceed its short term liabilities ($117.0M).
Long Term Liabilities: HL's short term assets ($179.1M) do not cover its long term liabilities ($827.9M).
Debt to Equity History and Analysis
Debt Level: HL's debt to equity ratio (29.8%) is considered satisfactory.
Reducing Debt: HL's debt to equity ratio has reduced from 35.7% to 29.8% over the past 5 years.
Balance Sheet
Inventory Level: HL has a high level of physical assets or inventory.
Debt Coverage by Assets: HL's debt is not covered by short term assets (assets are 0.4x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Hecla Mining's current dividend yield, its reliability and sustainability?
0.30%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HL's dividend (0.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: HL's dividend (0.3%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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?
3.6yrs
Average management tenure
CEO
Phillips Baker (59yo)
16.8yrs
Tenure
US$3,686,542
Compensation
Mr. Phillips S. Baker, Jr., has been the Chief Executive Officer of Hecla Mining Company. since May 9, 2003 and has been its President since November 2001. Mr. Baker served as the Chief Financial Officer o ...
CEO Compensation Analysis
Compensation vs Market: Phillips's total compensation ($USD3.69M) is about average for companies of similar size in the US market ($USD3.80M).
Compensation vs Earnings: Phillips's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.8yrs | US$3.69m | 0.47% $8.1m | |
| Senior VP | 3.6yrs | US$1.66m | 0.071% $1.2m | |
| Vice President of Corporate Development | 4.1yrs | US$1.10m | 0.047% $803.2k | |
| Senior VP & COO | 0.5yrs | no data | no data | |
| Vice President of Investor Relations | 0yrs | no data | no data | |
| VP & General Counsel | 10.1yrs | US$1.17m | 0.11% $1.8m | |
| General Manager | 0yrs | no data | no data | |
| Chief Geologist | 0.5yrs | no data | no data | |
| Director of Exploration | 0.5yrs | no data | no data | |
| Corporate Secretary | 0yrs | no data | no data |
3.6yrs
Average Tenure
53yo
Average Age
Experienced Management: HL's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 16.8yrs | US$3.69m | 0.47% $8.1m | |
| Independent Director | 3.9yrs | US$186.24k | 0.021% $360.2k | |
| Chairman of the Board | 13.8yrs | US$281.74k | 0.056% $957.7k | |
| Independent Director | 12.8yrs | US$194.74k | 0.045% $770.2k | |
| Independent Director | 12.8yrs | US$198.49k | 0.020% $345.4k | |
| Independent Director | 3.1yrs | US$182.74k | 0.024% $411.8k | |
| Independent Director | 15yrs | US$184.74k | 0.026% $453.7k | |
| Independent Director | 3.9yrs | US$194.74k | 0.021% $360.2k |
12.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: HL's board of directors are seasoned and experienced ( 12.8 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 been diluted in the past year, with total shares outstanding growing by 13.2%.
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$1.720b
- Shares outstanding: 522.90m
- Website: https://www.hecla-mining.com
Number of Employees
Location
- Hecla Mining Company
- 6500 North Mineral Drive
- Suite 200
- Coeur d'Alene
- Idaho
- 83815
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| HCL | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| HCL | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| HL | SWX (SIX Swiss Exchange) | Yes | Common Stock | CH | CHF | Jan 1968 |
| 0R0A | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| HCL | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Jan 1968 |
| HL.PRB | NYSE (New York Stock Exchange) | PFD CV SER B | US | USD | Jun 1993 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/23 00:53 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.