AI Spotlight on HL
Company Description
Hecla Mining Company, together with its subsidiaries, discovers, acquires, develops, and produces precious and base metal properties in the United States and internationally.The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for sale to custom smelters, metal traders, and third-party processors,; and doré containing silver and gold.It owns 100% interests in the Greens Creek mine located on Admiralty Island in southeast Alaska; the Lucky Friday mine situated in northern Idaho; the Casa Berardi mine located in the Abitibi region of northwestern Quebec, Canada; and the San Sebastian mine situated in the city of Durango, Mexico.
The company also holds 100% interests in the Fire Creek mine located in Lander County, Nevada; and the Hollister and Midas mines situated in Elko County, Nevada.Hecla Mining Company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.
Market Data
Last Price | 5.78 |
Change Percentage | 5.28% |
Open | 5.67 |
Previous Close | 5.49 |
Market Cap ( Millions) | 3682 |
Volume | 11835773 |
Year High | 7.68 |
Year Low | 3.33 |
M A 50 | 5.38 |
M A 200 | 5.7 |
Financial Ratios
FCF Yield | -1.76% |
Dividend Yield | 0.69% |
ROE | 0.19% |
Debt / Equity | 26.48% |
Net Debt / EBIDTA | 229.82% |
Price To Book | 1.76 |
Price Earnings Ratio | 970.23 |
Price To FCF | -56.96 |
Price To sales | 3.14 |
EV / EBITDA | 18.65 |
News
- Jan -30 - Hecla Fourth Quarter and Full-Year 2024 Results Conference Call/Webcast and Virtual Investor Event
- Jan -15 - Wall Street Analysts See a 46.57% Upside in Hecla Mining (HL): Can the Stock Really Move This High?
- Jan -13 - Will Hecla Mining (HL) Beat Estimates Again in Its Next Earnings Report?
- Jan -07 - Are Basic Materials Stocks Lagging Hecla Mining (HL) This Year?
- Dec -19 - Hecla Mining: Back On The Sale Rack
- Dec -09 - Zacks Industry Outlook Pan American, Hecla Mining, First Majestic, MAG and Avino Silver & Gold
- Dec -06 - 5 Silver Mining Stocks to Watch as Industry Prospects Look Bright
- Nov -20 - Hecla Celebrates 60 Years on the New York Stock Exchange by Ringing the NYSE Closing Bell®
- Nov -07 - Hecla Mining Company (HL) Q3 2024 Earnings Call Transcript
- Nov -07 - Hecla Mining (HL) Q3 Earnings and Revenues Top Estimates
- Nov -06 - Hecla Reports Third Quarter 2024 Results
- Nov -04 - Hecla Names Rob Krcmarov as President and CEO
- Oct -24 - Is Hecla Mining (HL) Stock Outpacing Its Basic Materials Peers This Year?
- Oct -22 - Bank of America Sees Gold as the Last Safe Haven: Top 3 Picks
- Oct -21 - Hecla Mining (HL) Just Flashed Golden Cross Signal: Do You Buy?
- Oct -16 - Hecla Appoints Director
- Oct -08 - Will Hecla Mining (HL) Gain on Rising Earnings Estimates?
- Oct -08 - Best Momentum Stock to Buy for October 8th
- Oct -04 - Lock In Your Profits: These 3 Stocks Are Set to Deliver
- Sep -17 - Silver's Breakout: 3 Momentum Stocks You Can't Miss
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Greens Creek
Expected Growth : 2.0 %
What the company do ?
Greens Creek, owned by Hecla Mining Company, is a silver-lead-zinc mine located in Alaska, producing over 9 million ounces of silver annually.
Why we expect these perspectives ?
Hecla Mining's Greens Creek segment growth is driven by increasing silver production, rising silver prices, and improved milling and mining efficiencies. The mine's high-grade ore and low operating costs also contribute to its growth. Additionally, Hecla's focus on exploration and development of nearby deposits, such as the Niblack project, is expected to further boost production and revenue.
Segment n°2 -> Casa Berardi
Expected Growth : 2.0 %
What the company do ?
Casa Berardi is a gold mine in Quebec, Canada, operated by Hecla Mining Company, producing over 160,000 ounces of gold annually.
Why we expect these perspectives ?
Casa Berardi's 2.0% growth is driven by increased gold production, improved ore grades, and enhanced mill recoveries. Additionally, Hecla's focus on cost reduction initiatives, exploration success, and strategic investments in mine development and infrastructure have contributed to the growth. The mine's proximity to existing infrastructure and favorable geology also support its expansion.
Segment n°3 -> Lucky Friday
Expected Growth : 2.0 %
What the company do ?
Lucky Friday is a deep underground silver, lead, and zinc mine in Idaho, operated by Hecla Mining Company, producing over 3 million ounces of silver annually.
Why we expect these perspectives ?
Lucky Friday's 2.0% growth is driven by increased silver production, improved ore grades, and enhanced mining efficiency. Hecla Mining Company's strategic investments in exploration and development have expanded the mine's resource base, supporting higher output. Additionally, cost-saving initiatives and favorable silver prices have contributed to the segment's growth.
Segment n°4 -> Keno Hill
Expected Growth : 2.0 %
What the company do ?
Keno Hill is a high-grade silver-lead-zinc mine in Yukon, Canada, operated by Hecla Mining Company, producing over 40 million ounces of silver annually.
Why we expect these perspectives ?
Hecla Mining's Keno Hill segment growth is driven by increasing silver production, rising silver prices, and improved operating efficiencies. The mine's high-grade ore and low cash costs also contribute to its growth. Additionally, Hecla's focus on exploration and development of new deposits, such as the Keno Hill expansion, will further boost production and revenue.
Segment n°5 -> Other
Expected Growth : 2.0 %
What the company do ?
Hecla Mining Company's 'Other' segment includes revenues from the sale of by-products, such as lead, zinc, and silver, from its mining operations.
Why we expect these perspectives ?
Hecla Mining's 2.0% growth in 'Other' segment is driven by increased silver and gold production from its Nevada and Alaska operations, coupled with higher average realized prices. Additionally, the company's cost-saving initiatives and improved operational efficiencies have contributed to the growth.
Segment n°6 -> Nevada Operations
Expected Growth : 2.0 %
What the company do ?
Nevada Operations from Hecla Mining Company refers to the company's mining activities in Nevada, including the Greens Creek and Lucky Friday mines, producing silver, gold, and other metals.
Why we expect these perspectives ?
Nevada Operations' 2.0% growth driven by increased silver and gold production at the Fire Creek and Hollister mines, coupled with higher realized prices and improved operating efficiencies. Additionally, the company's focus on cost reduction initiatives and exploration efforts to extend mine life have contributed to the segment's growth.
Hecla Mining Company Products
Product Range | What is it ? |
---|---|
Silver | Hecla Mining Company is a leading producer of silver, with operations in the United States, Canada, and Mexico. The company's silver production comes from its Greens Creek, Lucky Friday, and Casa Berardi mines. |
Gold | Hecla Mining Company is a significant producer of gold, with operations in the United States, Canada, and Mexico. The company's gold production comes from its Casa Berardi, Greens Creek, and San Sebastian mines. |
Lead | Hecla Mining Company produces lead as a byproduct of its silver and zinc mining operations. The company's lead production comes from its Greens Creek and Lucky Friday mines. |
Zinc | Hecla Mining Company produces zinc as a byproduct of its silver and lead mining operations. The company's zinc production comes from its Greens Creek and Lucky Friday mines. |
Hecla Mining Company's Porter Forces
Threat Of Substitutes
Hecla Mining Company operates in the mining industry, which has a moderate threat of substitutes. While there are alternative metals and materials available, the demand for silver, gold, and other metals is relatively inelastic, reducing the threat of substitutes.
Bargaining Power Of Customers
Hecla Mining Company's customers, such as jewelry manufacturers and industrial companies, have limited bargaining power due to the company's diversified customer base and the lack of concentration in the industry.
Bargaining Power Of Suppliers
Hecla Mining Company's suppliers, such as equipment manufacturers and service providers, have moderate bargaining power due to the availability of alternative suppliers and the company's relatively small size compared to its suppliers.
Threat Of New Entrants
The threat of new entrants in the mining industry is low due to the high barriers to entry, including significant capital requirements, regulatory hurdles, and environmental concerns.
Intensity Of Rivalry
The mining industry is highly competitive, with many established players competing for market share, resources, and talent, leading to a high intensity of rivalry.
Capital Structure
Value | |
---|---|
Debt Weight | 25.19% |
Debt Cost | 6.44% |
Equity Weight | 74.81% |
Equity Cost | 15.00% |
WACC | 12.84% |
Leverage | 33.68% |
Hecla Mining Company : Quality Control
Hecla Mining Company passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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