Hecla Mining (NYSE:HL) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Hecla Mining (NYSE:HL) issued its earnings results on Tuesday. The basic materials company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.03), Zacks reports. Hecla Mining had a return on equity of 17.09% and a net margin of 17.41%.The firm had revenue of $411.43 million during the quarter, compared to the consensus estimate of $407.63 million. During the same period last year, the firm posted $0.04 earnings per share. The company’s revenue for the quarter was up 57.4% compared to the same quarter last year.

Hecla Mining Trading Down 0.5%

Shares of NYSE HL traded down $0.08 during trading hours on Thursday, reaching $18.07. The stock had a trading volume of 20,309,018 shares, compared to its average volume of 20,802,348. The company has a current ratio of 2.72, a quick ratio of 2.22 and a debt-to-equity ratio of 0.10. The firm has a market cap of $12.12 billion, a price-to-earnings ratio of 44.07 and a beta of 1.26. The business’s fifty day moving average price is $19.58 and its two-hundred day moving average price is $19.37. Hecla Mining has a 52-week low of $4.68 and a 52-week high of $34.17.

Hecla Mining Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 22nd will be issued a $0.0038 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. Hecla Mining’s payout ratio is presently 2.04%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HL. Wall Street Zen cut Hecla Mining from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 29th. Roth Mkm set a $13.00 price objective on Hecla Mining in a research note on Wednesday, February 18th. Canaccord Genuity Group raised Hecla Mining from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research note on Wednesday, April 29th. Scotiabank boosted their price objective on Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a research note on Monday, January 26th. Finally, HC Wainwright reduced their price objective on Hecla Mining from $36.50 to $26.75 and set a “buy” rating on the stock in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $22.25.

More Hecla Mining News

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

• Positive Sentiment: Record free cash flow and net-cash balance sheet — management reported very strong operating cash, roughly $144M in free cash flow (continuing ops) and cash & equivalents near $588M after redeeming senior notes, leaving Hecla effectively debt-free. This cash strength supports buybacks/dividends and de-risks the company. Quiver Quant: Q1 cash and balance sheet
• Positive Sentiment: Common-stock dividend declared — Hecla announced a small quarterly dividend (record May 22, pay ~June 10), signaling management confidence and returning cash to shareholders. Dividend details
• Neutral Sentiment: Sector tailwinds from higher gold forecasts/analyst upgrades elsewhere — Canaccord raised its gold outlook and upgraded peers (e.g., CDE), a broader positive for precious-metals names including Hecla. That said, impact is indirect. Canaccord gold forecast / sector note
• Neutral Sentiment: Earnings call and presentation available — management provided details on operations, portfolio changes (Casa Berardi classified as discontinued) and outlook; useful for modeling but not a single-market mover. Earnings presentation
• Negative Sentiment: EPS and revenue missed consensus — reported continuing-ops EPS/revenue trailed analyst estimates (EPS miss ~-$0.03 vs. consensus ~$0.27), prompting sell-the-news pressure despite strong cash metrics. Q1 earnings coverage
• Negative Sentiment: Analyst target adjustments and mixed ratings — HC Wainwright cut its price target significantly (while keeping a Buy rating), creating headline risk; some firms reaffirmed Buy but the PT reductions compress upside. HC Wainwright / PT note
• Negative Sentiment: 10‑K flagged heightened operational & market risks — a recent filing/summary highlighted increased regulatory and market exposure, which can raise investor caution. 10‑K risk summary
• Negative Sentiment: Insider selling and institutional rebalancing — recent disclosures show multiple insider sales and large institutional portfolio reductions in recent quarters, which can amplify downward pressure on the stock. Insider & institutional activity

Institutional Trading of Hecla Mining

A number of large investors have recently modified their holdings of the company. State Street Corp lifted its holdings in 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 worth $417,278,000 after buying an additional 4,453,706 shares during the period. Tidal Investments LLC lifted its holdings in Hecla Mining by 14.7% during the second quarter. Tidal Investments LLC now owns 20,118,397 shares of the basic materials company’s stock worth $120,509,000 after buying an additional 2,574,855 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Hecla Mining by 40.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,052,346 shares of the basic materials company’s stock worth $102,144,000 after buying an additional 4,928,130 shares during the period. Northern Trust Corp lifted its holdings in Hecla Mining by 8.5% during the third quarter. Northern Trust Corp now owns 7,127,769 shares of the basic materials company’s stock worth $86,246,000 after buying an additional 555,707 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings 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 buying an additional 5,804,298 shares during the period. Hedge funds and other institutional investors own 63.01% of the company’s stock.

Hecla Mining Company Profile

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.