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Hecla Mining

NYSE:HL
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HL
NYSE
$1B
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties worldwide. The last earnings update was 25 days ago. More info.


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HL Share Price and Events
7 Day Returns
0.8%
NYSE:HL
0.7%
US Metals and Mining
1.6%
US Market
1 Year Returns
-26.6%
NYSE:HL
-20.3%
US Metals and Mining
3.2%
US Market
HL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hecla Mining (HL) 0.8% -10.8% 1.7% -26.6% -15.8% -24.8%
US Metals and Mining 0.7% 1.7% 10.5% -20.3% 26.3% -9.6%
US Market 1.6% 2.1% 12.8% 3.2% 38.6% 43.6%
1 Year Return vs Industry and Market
  • HL underperformed the Metals and Mining industry which returned -20.3% over the past year.
  • HL underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
HL
Industry
5yr Volatility vs Market

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.
Raw Data    Our intrinsic value calculation method has changed recently, learn more here.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hecla Mining.

NYSE:HL Discounted Cash Flow Data Sources
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 10.5%
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:HL
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))
= 1.054 (1 + (1- 21%) (47.1%))
1.299
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.3
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.299 * 5.96%)
10.47%

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.

NYSE:HL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.47%)
2019 8.97 Analyst x7 8.12
2020 44.52 Analyst x6 36.48
2021 90.50 Analyst x2 67.13
2022 134.42 Est @ 48.53% 90.25
2023 181.19 Est @ 34.79% 110.12
2024 226.80 Est @ 25.17% 124.77
2025 268.62 Est @ 18.44% 133.77
2026 305.49 Est @ 13.73% 137.71
2027 337.35 Est @ 10.43% 137.65
2028 364.73 Est @ 8.12% 134.72
Present value of next 10 years cash flows $980.71
NYSE:HL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $364.73 × (1 + 2.73%) ÷ (10.47% – 2.73%)
$4,839.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,839.37 ÷ (1 + 10.47%)10
$1,787.50
NYSE:HL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $980.71 + $1,787.50
$2,768.21
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,768.21 / 482.99
$5.73
NYSE:HL Discount to Share Price
Calculation Result
Value per share (USD) From above. $5.73
Current discount Discount to share price of $2.40
= -1 x ($2.40 - $5.73) / $5.73
58.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hecla Mining is available for.
Intrinsic value
>50%
Share price is $2.4 vs Future cash flow value of $5.73
Current Discount Checks
For Hecla Mining to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
NYSE:HL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.06
NYSE:HL Share Price ** NYSE (2019-03-19) in USD $2.4
United States of America Metals and Mining Industry PE Ratio Median Figure of 42 Publicly-Listed Metals and Mining Companies 10.17x
United States of America Market PE Ratio Median Figure of 3,056 Publicly-Listed Companies 17.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hecla Mining.

NYSE:HL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:HL Share Price ÷ EPS (both in USD)

= 2.4 ÷ -0.06

-38.36x

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?
Raw Data
NYSE:HL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -38.36x
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 25 Publicly-Listed Metals and Mining Companies 0.62x
United States of America Market PEG Ratio Median Figure of 2,107 Publicly-Listed Companies 1.49x

*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?
Raw Data
NYSE:HL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.50
NYSE:HL Share Price * NYSE (2019-03-19) in USD $2.4
United States of America Metals and Mining Industry PB Ratio Median Figure of 101 Publicly-Listed Metals and Mining Companies 1.67x
United States of America Market PB Ratio Median Figure of 5,154 Publicly-Listed Companies 1.89x
NYSE:HL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:HL Share Price ÷ Book Value per Share (both in USD)

= 2.4 ÷ 3.50

0.68x

* 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.
X
Value checks
We assess Hecla Mining's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. 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

 How is Hecla Mining expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

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!
Annual Growth Rate
49.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hecla Mining expected to grow at an attractive rate?
  • 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
Raw Data
NYSE:HL Future Growth Rates Data Sources
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 13.8%
United States of America Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
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 7.1%

*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
Raw Data
NYSE:HL Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:HL Future Estimates Data
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
NYSE:HL Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Hecla Mining's earnings are expected to grow significantly at over 20% yearly.
  • Hecla Mining's revenue is expected to grow by 12.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:HL 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.

NYSE:HL Future Estimates Data
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
NYSE:HL Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Hecla Mining is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hecla Mining's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Hecla Mining's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
Hecla Mining's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hecla Mining Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:HL Past Revenue, Cash Flow and Net Income Data
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.
X
Past performance checks
We assess Hecla Mining's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Hecla Mining's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Hecla Mining Company Filings, last reported 2 months ago.

NYSE:HL Past Debt and Equity Data
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.
X
Financial health checks
We assess Hecla Mining's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hecla Mining has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
0.42%
Current annual income from Hecla Mining dividends. Estimated to be 0.42% next year.
If you bought $2,000 of Hecla Mining shares you are expected to receive $8 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hecla Mining's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Hecla Mining's dividend is below the markets top 25% of dividend payers in United States of America (3.63%).
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.
Raw Data
NYSE:HL Annualized Past and Future Dividends
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 2004 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 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:HL Future Dividends Estimate Data
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 5.00
NYSE:HL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-22 0.010 0.420
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.
Current Payout to shareholders
What portion of Hecla Mining's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Hecla Mining's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • No need to calculate the sustainability of Hecla Mining's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Hecla Mining's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

 What is the CEO of Hecla Mining's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Phillips Baker
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:

5.7
Average Tenure
57.5
Average Age
  • 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

TITLE
President
COMPENSATION
$5M
AGE
58
TENURE
15.8 yrs

Lindsay Hall

TITLE
Senior VP
COMPENSATION
$2M
AGE
63
TENURE
2.7 yrs

Larry Radford

TITLE
Senior VP & COO
COMPENSATION
$2M
AGE
57
TENURE
5.7 yrs

David Sienko

TITLE
VP & General Counsel
COMPENSATION
$1M
AGE
49
TENURE
9.2 yrs

Dean W. McDonald

TITLE
Senior Vice President of Exploration
COMPENSATION
$2M
AGE
61
TENURE
5.7 yrs

Mike Westerlund

TITLE
Vice President of Investor Relations
AGE
49

Rob Brown

TITLE
Vice President of Corporate Development
AGE
49
TENURE
3.2 yrs

Steve Petroni

TITLE
General Manager

Michael White

TITLE
Corporate Secretary
AGE
67

George Sturgis

TITLE
Vice President of Project Development - Hecla Limited
TENURE
10.7 yrs
Board of Directors Tenure

Average tenure and age of the Hecla Mining board of directors in years:

11.8
Average Tenure
66.5
Average Age
  • 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

TITLE
Chairman of the Board
COMPENSATION
$285K
AGE
73
TENURE
12.8 yrs

Phillips Baker

TITLE
President
COMPENSATION
$5M
AGE
58
TENURE
17.3 yrs

George Nethercutt

TITLE
Director
COMPENSATION
$205K
AGE
74
TENURE
14.1 yrs

Terry Rogers

TITLE
Director
COMPENSATION
$228K
AGE
71
TENURE
11.8 yrs

Steve Ralbovsky

TITLE
Director
COMPENSATION
$207K
AGE
64
TENURE
3 yrs

Chuck Stanley

TITLE
Director
COMPENSATION
$219K
AGE
59
TENURE
11.8 yrs

George Johnson

TITLE
Director
COMPENSATION
$206K
AGE
69
TENURE
3 yrs

Cassie Boggs

TITLE
Director
COMPENSATION
$201K
AGE
63
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Hecla Mining's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

What 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 -

What 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 -

Estimating 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 -

Is 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 -

How 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 -

Who 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 -

A 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 -

Where 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 -

Calculating 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 -

Company 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
$1,159,170,604
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
Staff numbers
1,714
Hecla Mining employees.
Industry
Silver
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/19 23:37
End of day share price update: 2019/03/19 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.