Hecla Mining Future Growth

Future criteria checks 3/6

Hecla Mining is forecast to grow earnings and revenue by 43.2% and 7% per annum respectively. EPS is expected to grow by 41.9% per annum. Return on equity is forecast to be 15.9% in 3 years.

Key information

43.2%

Earnings growth rate

41.92%

EPS growth rate

Metals and Mining earnings growth	17.0%
Revenue growth rate	7.0%
Future return on equity	15.92%
Analyst coverage	Low
Last updated	07 Oct 2025

Recent future growth updates

Recent updates

Hecla Mining: Playing The Long Game - A High-Quality Hold

Sep 23

Subdued Growth No Barrier To Hecla Mining Company (NYSE:HL) With Shares Advancing 27%

Aug 14

Hecla Mining's (NYSE:HL) Earnings May Just Be The Starting Point

Aug 13

Optimistic Investors Push Hecla Mining Company (NYSE:HL) Shares Up 25% But Growth Is Lacking

Jun 14

US High-Grade Silver Assets Will Capitalize On Solar And Electrification

May 26 Strategic investment in high-grade U.S. silver assets and operational improvements position Hecla to benefit from rising, long-term silver demand and enhanced profitability.

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 41% Undervalued

May 10

Hecla Mining: Growth In Production, Low AISC, But Not Good Enough Risk/Reward At This Level

Oct 12

Hecla Mining: Good Prospects, But Wait For The Dip

Jul 28

Hecla Mining: Lower Production Across The Board In Q1

May 06

Hecla Mining: Silver Exposure At A Reasonable Price

Mar 25

Earnings and Revenue Growth Forecasts

NYSE:HL - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	1,247	419	453	413	1
12/31/2026	1,231	282	531	545	3
12/31/2025	1,163	242	208	431	3
6/30/2025	1,060	100	91	320	N/A
3/31/2025	1,002	70	16	237	N/A
12/31/2024	930	35	4	218	N/A
9/30/2024	841	-20	-65	152	N/A
6/30/2024	778	-44	-109	107	N/A
3/31/2024	710	-87	-165	52	N/A
12/31/2023	720	-85	-148	75	N/A
9/30/2023	754	-46	-107	111	N/A
6/30/2023	719	-47	-123	76	N/A
3/31/2023	732	-45	-90	93	N/A
12/31/2022	719	-38	-59	90	N/A
9/30/2022	709	-22	-15	107	N/A
6/30/2022	756	1	63	174	N/A
3/31/2022	783	17	111	220	N/A
12/31/2021	807	35	111	220	N/A
9/30/2021	811	26	115	232	N/A
6/30/2021	817	42	149	263	N/A
3/31/2021	766	29	121	214	N/A
12/31/2020	692	-10	90	181	N/A
9/30/2020	728	-21	95	173	N/A
6/30/2020	690	-56	74	155	N/A
3/31/2020	658	-92	-2	106	N/A
12/31/2019	673	-95	-1	121	N/A
9/30/2019	585	-116	-68	83	N/A
6/30/2019	567	-119	-109	56	N/A
3/31/2019	580	-61	N/A	98	N/A
12/31/2018	567	-27	N/A	94	N/A
9/30/2018	591	-32	N/A	117	N/A
6/30/2018	588	-9	N/A	117	N/A
3/31/2018	575	-48	N/A	94	N/A
12/31/2017	578	-29	N/A	116	N/A
9/30/2017	582	20	N/A	126	N/A
6/30/2017	620	46	N/A	185	N/A
3/31/2017	657	96	N/A	245	N/A
12/31/2016	646	61	N/A	225	N/A
9/30/2016	597	-14	N/A	201	N/A
6/30/2016	523	-50	N/A	140	N/A
3/31/2016	455	-101	N/A	104	N/A
12/31/2015	444	-88	N/A	106	N/A
9/30/2015	450	-8	N/A	103	N/A
6/30/2015	481	6	N/A	78	N/A
3/31/2015	494	18	N/A	74	N/A
12/31/2014	501	17	N/A	83	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HL's forecast earnings growth (43.2% per year) is above the savings rate (3.1%).

Earnings vs Market: HL's earnings (43.2% per year) are forecast to grow faster than the US market (15.5% per year).

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

Revenue vs Market: HL's revenue (7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: HL's revenue (7% per year) is forecast to grow slower than 20% 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 (15.9%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/09 16:18
End of Day Share Price	2025/10/09 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Hecla Mining Company is covered by 36 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Garrett Nelson	BB&T Capital Markets
Kevin O'Halloran	BMO Capital Markets Equity Research
Brian Quast	BMO Capital Markets Equity Research

Hecla Mining Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 12%

Price target increased by 11% to US$9.63

Price target increased by 12% to US$9.18

Consensus EPS estimates increase by 21%

Price target increased by 7.0% to US$8.00

Hecla Mining Company Revises Production Guidance for the Year 2025

Recent updates

Now 27% overvalued after recent price rise

Consensus EPS estimates increase by 12%

Price target increased by 11% to US$9.63

Price target increased by 12% to US$9.18

Senior VP & CFO notifies of intention to sell stock

Hecla Mining: Playing The Long Game - A High-Quality Hold

Investor sentiment improves as stock rises 19%

Subdued Growth No Barrier To Hecla Mining Company (NYSE:HL) With Shares Advancing 27%

Hecla Mining's (NYSE:HL) Earnings May Just Be The Starting Point

Consensus EPS estimates increase by 21%

Second quarter dividend of US$0.0037 announced

Price target increased by 7.0% to US$8.00

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Hecla Mining Company Revises Production Guidance for the Year 2025

Hecla Mining Company to Report Q2, 2025 Results on Aug 06, 2025

Optimistic Investors Push Hecla Mining Company (NYSE:HL) Shares Up 25% But Growth Is Lacking

Insider recently sold US$126k worth of stock

Now 21% undervalued

Investor sentiment improves as stock rises 16%

Dolly Varden Silver Corporation (TSXV:DV) completed the acquisition of Kinskuch property in northwest BC's Golden Triangle from Hecla Mining Company (NYSE:HL).

US High-Grade Silver Assets Will Capitalize On Solar And Electrification

Hecla Mining Company Announces Board and Committee Changes

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 41% Undervalued

Consensus EPS estimates increase by 12%

First quarter dividend of US$0.0037 announced

First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat

Hecla Mining Company Reiterates Consolidated Production Guidance for the Year 2025

Hecla Mining Company to Report Q1, 2025 Results on May 02, 2025

We Think Hecla Mining (NYSE:HL) Is Taking Some Risk With Its Debt

Consensus EPS estimates fall by 14%

Hecla Mining Company, Annual General Meeting, May 21, 2025

Revenues Not Telling The Story For Hecla Mining Company (NYSE:HL)

Fourth quarter dividend of US$0.0037 announced

Hecla Mining Company Declares Quarterly Cash Dividend, Payable on or About March 24, 2025 and Revises Dividend Policy

Full year 2024 earnings: EPS misses analyst expectations

Calculating The Intrinsic Value Of Hecla Mining Company (NYSE:HL)

Hecla Mining Company to Report Q4, 2024 Results on Feb 13, 2025

Hecla Mining (NYSE:HL) Takes On Some Risk With Its Use Of Debt

Now 22% undervalued after recent price drop

Hecla Mining: Back On The Sale Rack

Hecla Mining (NYSE:HL) Might Have The Makings Of A Multi-Bagger

Revenues Tell The Story For Hecla Mining Company (NYSE:HL)

Selling Hargreaves Lansdown After Investors Accept A Low-Ball Takeover Offer

Third quarter dividend of US$0.014 announced

Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.037 loss in 3Q 2023)

Hecla Mining Company Declares Quarterly Cash Dividend on Common Stock, Payable on or About December 4, 2024

Hecla Mining Company Announces Chief Executive Officer Changes, Effective November 7, 2024

Hecla Mining Company to Report Q3, 2024 Results on Nov 06, 2024

A Look At The Fair Value Of Hecla Mining Company (NYSE:HL)

Hecla Mining Company Announces the Appointment of Jill Satre to Its Board of Directors

Hecla Mining: Growth In Production, Low AISC, But Not Good Enough Risk/Reward At This Level

Vice President of Exploration recently sold US$735k worth of stock

Second quarter dividend increased to US$0.014

New minor risk - Shareholder dilution

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Hecla Mining Company Revises Production Guidance for the Year of 2024

Hecla Mining: Good Prospects, But Wait For The Dip

Hecla Mining Company to Report Q2, 2024 Results on Aug 06, 2024

Hecla Mining Company(NYSE:HL) dropped from Russell Small Cap Comp Growth Index

Hecla Mining Company Announces Chief Executive Officer Changes

Now 22% undervalued

First quarter dividend of US$0.0063 announced

An unknown buyer acquired 5% stake in Hecla Mining Company (NYSE:HL) from Wheaton Precious Metals Corp. (TSX:WPM) for approximately $180 million.

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

Hecla Mining: Lower Production Across The Board In Q1

Hecla Mining Company to Report Q1, 2024 Results on May 08, 2024

Price target increased by 11% to US$6.85

New minor risk - Shareholder dilution

Price target increased by 8.2% to US$6.15