Hecla Mining Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 HL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HL ($6.32) is trading below our estimate of fair value ($7.49)

Significantly Below Fair Value: HL is trading below fair value, but not by a significant amount.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

HL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.8x
Enterprise Value/EBITDA19.8x
PEG Ration/a

Price to Sales Ratio vs Peers

How does HL's PS Ratio compare to its peers?

The above table shows the PS ratio for HL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.3x
SIM Grupo Simec. de
2.4xn/aUS$4.0b
BVN Compañía de Minas BuenaventuraA
2.9x1.3%US$3.2b
MP MP Materials
17.1x35.8%US$3.0b
CDE Coeur Mining
2.7x25.1%US$2.5b
HL Hecla Mining
5x12.1%US$4.0b

Price-To-Sales vs Peers: HL is good value based on its Price-To-Sales Ratio (5x) compared to the peer average (6.3x).


Price to Earnings Ratio vs Industry

How does HL's PE Ratio compare vs other companies in the US Metals and Mining Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.6%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a20.6%
n/an/an/a
No more companies

Price-To-Sales vs Industry: HL is expensive based on its Price-To-Sales Ratio (5x) compared to the US Metals and Mining industry average (1.2x).


Price to Sales Ratio vs Fair Ratio

What is HL'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.

HL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5x
Fair PS Ratio2.7x

Price-To-Sales vs Fair Ratio: HL is expensive based on its Price-To-Sales Ratio (5x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).


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 HL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$6.32
US$7.97
+26.0%
14.9%US$10.25US$6.00n/a10
Oct ’25US$6.55
US$7.65
+16.8%
15.8%US$10.25US$6.00n/a10
Sep ’25US$5.93
US$7.40
+24.8%
16.6%US$10.25US$6.00n/a10
Aug ’25US$5.33
US$7.48
+40.2%
16.2%US$10.25US$6.00n/a10
Jul ’25US$4.77
US$7.48
+56.7%
17.0%US$10.25US$6.00n/a10
Jun ’25US$5.89
US$7.35
+24.8%
18.2%US$10.25US$6.00n/a10
May ’25US$4.74
US$7.00
+47.7%
21.7%US$10.25US$5.00n/a10
Apr ’25US$4.91
US$5.69
+15.8%
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$3.94
US$6.10
+54.8%
18.4%US$8.75US$4.25n/a10
Jan ’25US$4.81
US$5.88
+22.2%
20.7%US$8.75US$4.25n/a11
Dec ’24US$5.13
US$5.83
+13.7%
21.0%US$8.75US$4.25n/a11
Nov ’24US$4.05
US$5.99
+47.9%
21.2%US$9.00US$4.40US$6.4011
Oct ’24US$3.91
US$6.20
+58.7%
21.1%US$9.00US$4.00US$6.5511
Sep ’24US$4.35
US$6.43
+47.7%
21.4%US$9.25US$4.50US$5.9310
Aug ’24US$5.51
US$7.13
+29.3%
17.3%US$10.00US$5.50US$5.3310
Jul ’24US$5.15
US$7.03
+36.4%
12.3%US$8.25US$5.75US$4.7710
Jun ’24US$5.51
US$7.03
+27.5%
12.9%US$8.25US$5.75US$5.899
May ’24US$5.88
US$7.19
+22.2%
12.4%US$8.25US$6.00US$4.748
Apr ’24US$6.33
US$6.34
+0.2%
9.4%US$7.50US$5.50US$4.918
Mar ’24US$5.35
US$6.00
+12.1%
10.4%US$7.00US$4.75US$3.718
Feb ’24US$6.28
US$6.28
+0.02%
11.3%US$7.25US$5.00US$3.948
Jan ’24US$5.56
US$5.81
+4.4%
13.9%US$7.00US$4.75US$4.819
Dec ’23US$5.57
US$5.75
+3.2%
15.5%US$7.00US$4.25US$5.139
Nov ’23US$4.63
US$5.78
+24.8%
15.6%US$7.00US$4.25US$4.059

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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