HL
Fallen FavouriteHecla Mining Company · Basic Materials · United States · $9.3B cap · $398.9M/day traded
$13.35 -5.5% · close 12 Nov · scored 13 Nov
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 13 Nov 2026, the MoatMap Score for Hecla Mining Company (HL) is 58/100, ranked against 25,000+ stocks in 38 markets (Quality 89, Value 39, Momentum 26, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT HECLA MINING COMPANY
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Hecla Mining Company is the largest and lowest-cost silver producer in the United States, also extracting significant gold, lead, and zinc from its operating mines across North America. Its competitive moat is built upon high-grade, long-life assets in established mining regions, alongside a strong balance sheet and proven operational efficiency. Hecla maintains a leading position in precious metals mining, prioritizing responsible and sustainable practices.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | 718.9M | 720.2M | 929.9M | 1.4B | 25.6% | 1.8B | 1.5B | 1.6B | 5.1% |
| EPS | 0.00 | -0.00 | -0.14 | 0.06 | 0.49 | 426.0% | 0.84 | 0.76 | — | 55.6% |
| Shares | — | 599.5M | 616.1M | 631.7M | 670.3M | +11.8% | 671.8M | — | — | — |
| Debt | — | 527.2M | 662.8M | 550.7M | 275.8M | -19.4% | — | — | — | — |
| Equity | — | 2.0B | 2.0B | 2.0B | 2.6B | 9.4% | — | — | — | — |
| Op CF | — | 89.9M | 75.5M | 218.3M | 562.6M | 84.3% | 789.2M | — | — | — |
| Inv CF | — | -187.3M | -231.3M | -212.9M | -270.5M | — | — | — | — | — |
| Fin CF | — | -7.5M | 156.3M | -83.8M | -78.0M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 83% of stocks we rank over the past year (volatility 72% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of HL are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| HL | Hecla Mining Company(you) | $9.3B | 58 |
| PPTA.TO | Perpetua Resources Corp. | $2.1B | 15 |
| VOXR | Vox Royalty Corp. | $334M | 81 |
| CLF | Cleveland-Cliffs Inc. | $7.9B | 57 |
| SOLS | Solstice Advanced Materials, Inc. | $9.4B | 50 |
| ESI | Element Solutions Inc | $8.1B | 52 |
| CTVA | Corteva, Inc. | $8.3B | 50 |
| CDE.TO | Coeur Mining, Inc. | $13.8B | 60 |
| AAI.AX | Alcoa Corporation | $10.0B | 66 |
| CE | Celanese Corporation | $5.2B | 60 |
Peer medians: ROE 1.9% · P/E 19.3x · Gross margin 26.0%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.