WinstonWınston
Back
Hecla Mining Company logo

Hecla Mining Company

HL
76
Other Precious Metals · Basic Materials
Also trades as: 0R0A.L
Price
$20.72
-0.10 (-0.48%)
Market Cap
$13.90B
Winston Score
76
Winston is happy
A high-quality business with solid fundamentals.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Exceptional
Growth
Exceptional
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Good
Dividends
Weak

Share count rising — dilution

+21.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 542.2M (2021) → 655.8M (2025)

Winston Score History

The full picture

Hecla Mining Company digs silver, gold, lead, and zinc out of the ground at mines across the United States and Canada. It sells these metals to refiners, smelters, and industrial buyers who turn them into things like electronics, solar panels, jewelry, and batteries. Hecla is the largest silver producer in the United States, which sets it apart from most other North American mining companies.

Hecla makes money by selling the metals it mines, so its revenue rises and falls with commodity prices. Its main mines are in Alaska, Idaho, and Nevada, plus operations in Quebec, Canada. The company's long-running Greens Creek mine in Alaska and Lucky Friday mine in Idaho are among the most productive silver mines in the country, giving it a cost advantage over smaller rivals. The biggest risk Hecla faces is that silver and gold prices are set by global markets, meaning a sharp drop in metal prices would directly hurt its profits no matter how well the company operates.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.8% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+100.0% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

1.3%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$638M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Hecla Mining Company is growing revenue at 10% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
64.9%
Premium pricing power — 64.9% gross margin
Profit after running costs
Operating Margin
43.6%
Excellent — 43.6% operating margin
Return on the money invested
ROCE
27.9%
Exceptional — 27.9% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+51.2%
Fast-growing sales (+51.2% YoY)
Profit growth
EPS YoY
+638.6%
Earnings growing fast (+638.6% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
220%
Turns 220% of profit into real cash
Spare cash per sale
FCF Margin
32.2%
Converts sales into free cash efficiently (32.2%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.00
Conservative — low debt load (0.00)
Covers its interest
Interest Cover
27.79x
Comfortably covers interest (27.8x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
41.4x
Pricey — P/E 41.4

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
+27.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (41.4 → 14.3)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
0.11%
Small dividend — 0.11% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
-57.1%
Dividend cut (-57.1% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial