Hecla Mining (HL)
NYSEMaterialsOther Precious MetalsSnapshot 2026-11-04
NYSEMaterialsOther Precious MetalsSnapshot 2026-11-04
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Put HL beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Materials: fringe margins under pressure (0q confirmed)
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Revenue growth: Comparison needs review.
View ThesisRevenue is growing steadily — about 41% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 2% on a typical day and fell roughly 58% in its worst 12-month stretch.
View RiskHL's silver production growth must keep compounding to justify the price. Revenue growth is the primary pillar under pressure. The Q3 2026 earnings beat consensus by 46.7%. HL trades at 18x earnings versus a 16x peer median. The market is pricing in more growth than we forecast. Silver prices have fallen to about $60 per ounce. The thesis comparison is not yet verified. Peer multiples imply a price about 34% below where it trades. The thesis is on watch. This read is provisional.
Trailing returns as of 2026-11-04. HL is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 10 analysts currently covering HL (as of Nov 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| HL Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Materials (broad) — fair value, gap to price, and forward P/E.
Compare the value case
Put HL next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Maintain and grow silver production volumes
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Reduced throughput directly threatens silver production volume targets.

Advances: Maintain and grow silver production volumes
Significant production increase directly supports volume growth objective.
Advances: Maintain and grow silver production volumes
Significant production increase directly supports volume growth objective.
Advances: Increase free cash flow from continuing operations
Lower capex improves free cash flow and balance sheet strength.
Advances: Maintain operational profitability and cost discipline
EPS beat confirms operational profitability and cost discipline.
Advances: Increase free cash flow from continuing operations
Strong earnings beat confirms operational profitability and cash flow.

Advances: Advance organic growth projects and exploration investments
Confirms commitment to organic growth projects.

Partnership enhances operational efficiency and cash flow potential.