Hecla Mining (NYSE:HL) Trading Down 14.5% – Here’s What Happened

Shares of Hecla Mining Company (NYSE:HL) fell 14.5% during trading on Friday . The stock traded as low as $22.13 and last traded at $22.4930. 49,120,413 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 30,727,441 shares. The stock had previously closed at $26.32.

Key Hecla Mining News

Here are the key news stories impacting Hecla Mining this week:

• Positive Sentiment: HC Wainwright raised FY2026 EPS expectations to $0.76 (from $0.51), keeps a “Buy” rating and a $36.50 target — a material earnings/target upgrade that underpins longer-term upside. HC Wainwright boosts estimates
• Positive Sentiment: Analysts at one shop raised Hecla’s price target to $32.00, signaling higher analyst valuation anchors despite near-term volatility. Price Target Raised to $32.00
• Positive Sentiment: Coverage pieces highlight Hecla as a U.S. silver-story with growth potential after the 2025 rally and argue miners could enjoy outsized profits if metals stabilize or rebound. These narratives support investor interest in the stock as a thematic play. An American Silver Play With Growth Potential
• Positive Sentiment: Regional/foreign coverage frames Hecla as a strategic buy amid rising silver demand, adding to the positive media and investor sentiment supporting the name. Hecla Mining: A Strategic Investment
• Neutral Sentiment: Consensus analyst recommendation stands at “Hold,” indicating mixed analyst views and suggesting room for divergence among investors even with some upgraded targets. Given Consensus Recommendation of Hold
• Negative Sentiment: A dramatic collapse in silver prices — described as an historic/epic crash — is the primary near-term catalyst driving the selloff in silver miners, and is the most likely reason HL is falling despite analyst upgrades. Silver’s Epic Crash

Wall Street Analyst Weigh In

HL has been the subject of a number of recent research reports. HC Wainwright upped their price objective on shares of Hecla Mining from $16.50 to $36.50 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a research note on Monday, December 29th. Wall Street Zen raised Hecla Mining from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Scotiabank boosted their target price on Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a report on Monday, January 26th. Finally, BMO Capital Markets lifted their price target on shares of Hecla Mining from $16.00 to $28.00 and gave the company a “market perform” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $22.00.

Hecla Mining Price Performance

The firm has a market cap of $15.07 billion, a P/E ratio of 72.56 and a beta of 1.28. The stock’s 50-day moving average is $21.14 and its 200-day moving average is $14.17. The company has a quick ratio of 1.51, a current ratio of 2.15 and a debt-to-equity ratio of 0.11.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $409.54 million for the quarter, compared to analyst estimates of $315.60 million. Hecla Mining had a net margin of 16.35% and a return on equity of 7.87%. The business’s quarterly revenue was up 67.1% on a year-over-year basis. During the same period last year, the business posted $0.03 EPS. As a group, equities analysts anticipate that Hecla Mining Company will post 0.21 EPS for the current fiscal year.

Hecla Mining Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were issued a $0.0038 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.02 annualized dividend and a yield of 0.1%. Hecla Mining’s dividend payout ratio is 3.23%.

Insider Transactions at Hecla Mining

In other Hecla Mining news, CFO Russell Douglas Lawlar sold 18,535 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $15.02, for a total value of $278,395.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Kurt Allen sold 52,219 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the transaction, the vice president directly owned 216,641 shares of the company’s stock, valued at $4,746,604.31. The trade was a 19.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 426,679 shares of company stock valued at $7,678,773. 0.62% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp grew its stake in shares of Hecla Mining by 32.4% in the 3rd quarter. Van ECK Associates Corp now owns 49,881,495 shares of the basic materials company’s stock valued at $603,566,000 after purchasing an additional 12,197,740 shares during the period. Vanguard Group Inc. grew its position in Hecla Mining by 13.4% in the third quarter. Vanguard Group Inc. now owns 71,349,059 shares of the basic materials company’s stock valued at $863,324,000 after acquiring an additional 8,452,401 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Hecla Mining by 38.0% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,524,912 shares of the basic materials company’s stock worth $284,651,000 after acquiring an additional 6,472,566 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Hecla Mining by 577.8% during the third quarter. Arrowstreet Capital Limited Partnership now owns 6,808,787 shares of the basic materials company’s stock worth $82,386,000 after acquiring an additional 5,804,298 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Hecla Mining by 14.8% during the third quarter. State Street Corp now owns 34,485,817 shares of the basic materials company’s stock valued at $417,278,000 after acquiring an additional 4,453,706 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock.

About Hecla Mining

Hecla Mining Company, founded in 1891 and headquartered in Coeur d’Alene, Idaho, is one of the oldest publicly traded precious metals companies in the United States. Originally established to develop the rich silver deposits of the Coeur d’Alene district, Hecla has evolved into a diversified mining enterprise focused on the exploration, development and production of silver and gold, with by-product credits from lead and zinc.

The company’s principal operations are located in North America and Latin America.