NYSE: HL

Hecla Mining (HL) Stock Analysis & Forecast

Sep 28 close

$17.01−1.18 (−6.5%)

Gekko Brief

AI summary

Hecla Mining draws attention this week around its organic-growth strategy, with the company outlining plans to reach 20 million-plus silver ounces from its North American operations while pointing to a debt-free balance sheet that could eventually support greater shareholder returns. Coverage also notes the company recently redeemed its senior notes, eliminating long-term debt, and highlights a 63% gross margin, even as some pieces flag concerns over silver price volatility and production costs. Bank of America disclosed a new $17.50 million position in the stock, a filing that adds background to a week otherwise centered on the company's balance sheet and growth narrative.

HL closed at $17.01, down 6.5%, and sits below both its 50-day average of $18.10 and 200-day average of $19.21, with the 50-day itself below the 200-day. The one-month return stands at -20.6%, though the three-month return is positive at 10.5% and the one-year return remains 47.5%. The GekkoIndex reads 64.1, placing the stock in the Accumulation zone, while price sits 5% below Gekko Fair Value of $17.91.

Hecla's next earnings report is set for 4 November 2026, 36 days out and beyond a typical 20-trading-day hold; the prior quarter saw an 11% reaction versus an average of 14.6%. Over the last 30 days, one unusual options signal appeared, with call premium of $446,165 against no put premium. Seasonally, the next 20 trading days have averaged an 8.9% return across 5 years, rising in 4 of them. Analyst consensus target sits at $23.07 across 7 firms, with 3 buy and 4 hold ratings.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Hecla Mining price vs fair value

$17.91$17.01Sep ’25Mar ’26Sep ’26
Close $17.01200-day averageGekko Fair Value $17.91

Hecla Mining quick facts

Market cap
$11.41B
P/E ratio
21.9
Forward P/E
21
EPS, TTM
$0.83
Revenue, TTM
$1.74B
Profit margin
19.2%
Dividend yield
0.08%
Beta
1.38
Volume
39.71M avg 35.69M
1-year return
+47.5%
Typical daily move
±5.9%
Typical 20-day move
±11.2%
50-day average
$18.10
200-day average
$19.21
Next earnings
Nov 4
Shares outstanding
670.7M
52-week range
$11.48$34.17

Hecla Mining swing-trade checklist

Hecla Mining scores 5 supportive, 0 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive0 mixed1 headwind

  • Trendheadwind

    Below 50 and 200-day

    Close $17.01 is below the 50-day ($18.10) and 200-day ($19.21) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    64.1, Accumulation

    Reading 64.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    5.0% below

    Price is 5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 36 days

    Next report Nov 4, 2026, 36 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +8.9% on average

    From this point in the calendar, the next 20 trading days averaged +8.9% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Hecla Mining stock chart and price history

Hecla Mining closed at $17.01 on Sep 28, 2026, +47.5% over the past year, inside a 52-week range of $11.48 to $34.17.

Close50-day average200-day averageVolume
Hecla Mining share price, past year, with 50-day and 200-day moving averages and volume$5$10$15$20$25$30NovDecJan 2026FebMarAprMayJunJulAugSep17.01

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−20.6%
3 months
+10.5%
6 months
−5.1%
1 year
+47.5%
The full HL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HL in Gekko

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About Hecla Mining

Hecla Mining is engaged in finding, developing, and mining deposits of precious and base metals, with operations spanning the United States and other countries. Its output includes silver, gold, lead, and zinc concentrates, together with carbon material and doré bearing silver and gold, and these products move to buyers such as smelting operations, metal trading firms, and outside processing companies.

The company operates by holding complete stakes in a group of mines. Among them are Greens Creek on Alaska's Admiralty Island, Lucky Friday in the northern part of Idaho, Casa Berardi within Quebec's Abitibi district, and San Sebastian near Durango in Mexico. It also fully controls Fire Creek in Nevada's Lander County, plus the Hollister and Midas sites in Nevada's Elko County.

Founded in 1891, Hecla Mining is based in Coeur d'Alene, Idaho. Its stock trades on the NYSE under the symbol HL.

Listed
NYSE
Sector
Non-energy minerals
Industry
Precious metals
Website
hecla.com

Hecla Mining GekkoIndex: the smart money zone

Hecla Mining’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.1, in the Accumulation zone, up 3.3 points over five sessions.

010064.1Accumulation

Up 3.3 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying35+2.8%+1.7%+6.6%+30.2%
Accumulation (current zone)207+1.8%+4.2%+6.7%+10.6%
Neutral370+1.6%+3.4%+6.2%+19.9%
Distribution59−0.2%−1.1%+7.3%+18.1%
Selling1Too few readings yet

Average HL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the HL price, zone by zone.Track HL in Gekko

Is Hecla Mining stock overvalued? Gekko Fair Value

Hecla Mining trades 5.0% below Gekko Fair Value of $17.91, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Hecla Mining shares are worth, recalculated every trading day.

$17.91

Gekko Fair Value, Sep 29, 2026

5.0% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open HL in Gekko

Hecla Mining insider and Congress trading

No open-market insider purchases were filed for Hecla Mining, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for HL in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every HL insider filing, plotted on the chart in Gekko.Open HL in Gekko

Congress trades last 90 days

No trades in HL were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for HL, plotted on the chart in Gekko.Open HL in Gekko

Buybacks

Hecla Mining has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$3.37M
As a share of market cap
0.03%

From company filings.

Unusual options activity last 30 days

1signal, 100% of the flagged premium in calls.

Latest: Bullish flow on Sep 3, $446K in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds HL.

0added1opened0trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Hecla Mining earnings: next date and track record

Hecla Mining reports on Nov 4, 2026 (36 days away), and beat the EPS estimate in 4 of its last 8 reports.

4 of 8reports beat the EPS estimate
±11.2%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

−4.4%Nov ’24−13.5%Feb ’25−20.6%May ’25+17.6%Aug ’25+13.2%Nov ’25−2.6%Feb ’26+3.2%May ’26+14.6%Aug ’26

Last earnings call, Aug 4, 2026 AI summary

What they said
Hecla Mining reported Q2 2026 revenue of $334 million (down from record $411M in Q1 due to timing and metal price pullback) with adjusted EBITDA of $199 million, more than double year-ago levels. Free cash flow was $136 million, second-best on record. Silver production reached 4.2 million ounces (up 8% QoQ), with Lucky Friday setting a quarterly record of 1.5 million ounces. Cash position stands at $483 million with no long-term debt.
Guidance
Management targets 20+ million ounce silver production medium-term, anchored by Keno Hill ramp-up and potential Midas restart. Two organic growth projects at Greens Creek are being advanced. Deferred Q2 silver concentrate shipped in early August, boosting Q3 revenue.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 4, 2026$0.17
est $0.18
−5.6%$333.9M
est $368.8M
−9.5%+14.6%
May 5, 2026$0.24
est $0.27
−11.1%$411.4M
est $407.6M
+0.9%+3.2%
Feb 17, 2026$0.19
est $0.16
+16.6%$448.1M
est $400.8M
+11.8%−2.6%
Nov 5, 2025$0.12
est $0.10
+23.7%$409.5M
est $295.0M
+38.8%+13.2%
Aug 6, 2025$0.08
est $0.05
+60.0%$304.0M
est $257.7M
+18.0%+17.6%
May 1, 2025$0.04
est $0.03
+33.3%$261.3M
est $248.9M
+5.0%−20.6%
Feb 13, 2025$0.04
est $0.05
−20.0%$249.7M
est $239.6M
+4.2%−13.5%
Nov 6, 2024$0.03
est $0.04
−25.0%$575.7M
est $242.2M
+137.7%−4.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Hecla Mining stock forecast and analyst price targets

Analysts’ average 12-month price target for Hecla Mining is $23.07, +35.6% from the last close, from 7 firms rating the stock in the last 90 days.

$23.07consensus 12-month target, +35.6% from the last close
Low $19High $32
Buy3
Hold4
Sell0

Each firm’s latest rating in the last 90 days: 7 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 22H.C. WainwrightBuy, maintained$26.75+57.3%
Aug 20JefferiesHold, initiated$22+29.3%
Aug 10RBC CapitalBuy, maintained$24+41.1%
Aug 6Canaccord GenuityBuy, reiterated$19+11.7%
Aug 5CIBCHold, maintained$32+88.1%
+6.7%average 20-day move after past Accumulation readings
+8.9%average move over the next 20 trading days in the last 5 years
±5.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Hecla Mining seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Hecla Mining averaged +8.9% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+11.2%2021+23.4%2022+5.9%2023+2.4%2024+4.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.8%2 of 5
Next 10 trading days+6.5%3 of 5
Next 15 trading days+11.9%5 of 5
Next 20 trading days+8.9%4 of 5
Next 30 trading days+10.0%3 of 5

For scale, HL’s typical 20-trading-day move in either direction is about 11.2%.

Hecla Mining market cap and key statistics

Hecla Mining’s market cap is $11.41B, with a P/E ratio of 21.9 and revenue of $1.74B over the last twelve months.

Valuation

Market cap
$11.41B
P/E ratio
21.9
Forward P/E
21
EPS, TTM
$0.83
Gekko Fair Value
$17.91

Trading

Volume
39.71M
Avg volume, 20 days
35.69M
52-week high
$34.17
52-week low
$11.48
Shares outstanding
670.7M

Financials

Revenue, TTM
$1.74B
Profit margin
19.2%
Return on equity
22.2%
Quarterly earnings growth, YoY
+92.9%

Risk and income

Beta
1.38
Typical daily move
±5.9%
Typical 20-day move
±11.2%
Dividend yield
0.08%

Hecla Mining stock news this week

Coverage of Hecla Mining this week reads negative: 1 positive, 0 neutral and 2 negative headlines.

News sentiment negative

Hecla Mining peers

Hecla Mining’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NEMNewmont+0.5%Accumulation18.4% below
AEMAgnico Eagle Mines+0.4%Accumulation7.4% below
BBarrick Mining+0.5%Accumulation7.3% above
WPMWheaton Precious Metals−0.2%Accumulation4.2% above
FNVFranco-Nevada−0.7%Accumulation10.4% above
KGCKinross Gold+1.2%Buying2.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Hecla Mining stock FAQ

What is Hecla Mining’s market cap?

Hecla Mining’s market cap is $11.41B at the Sep 28, 2026 close of $17.01, with 670.7M shares outstanding. The shares trade on a P/E ratio of 21.9.

What is the Hecla Mining stock forecast?

The consensus analyst 12-month price target for Hecla Mining is $23.07, +35.6% from the last close. Of the 7 firms that rated the stock in the last 90 days, 3 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Hecla Mining stock overvalued or undervalued?

On Gekko’s estimate Hecla Mining is undervalued: the Sep 28, 2026 close of $17.01 is 5.0% below Gekko Fair Value of $17.91. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Hecla Mining report earnings next?

Hecla Mining is expected to report on Nov 4, 2026 (36 days away). Analysts expect earnings of $0.17 per share on revenue of $335.2M. Hecla Mining beat the earnings estimate in 4 of its last 8 reports, moving 11.2% on average across the report.

What is Hecla Mining’s 52-week high and low?

Hecla Mining’s 52-week high is $34.17 and its 52-week low is $11.48; it closed at $17.01 on Sep 28, 2026, +47.5% over the past year.

Is Hecla Mining stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality) and 1 as a headwind (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Hecla Mining?

Gekko flagged 1 unusual options signal in Hecla Mining over the last 30 days, with $446K of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Sep 3, 2026 with $446K in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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