Hecla Mining (HL)
NYSEMaterialsOther Precious MetalsSnapshot 2026-11-04
$14.95+13.17%
Close 2026-11-04 · 1-day change
NYSEMaterialsOther Precious MetalsSnapshot 2026-11-04
QuarterlyIQ Insights · HL
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 33.7% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the opposite direction.
Price observations: 365 days
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the US dollar and the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| -12.1% |
Growth built into the price is above our model estimate.
The price assumes 45.8 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 0 industry peers · Company calendar date is not available
HL — dividend update
Dated 2026-11-03
Other Events Dividend On November 3, 2026, the Company announced it would pay a dividend on its shares of common stock in the amount of $0.00375, to shareholders of record as of November 23, 2026, payable on or about December 8, 2026.
Why it matters: Keno Hill produced 0.6 million ounces after mining lower-grade material. The next results can show if output rises.
Watch forKeno Hill reports more than 0.6 million ounces of silver output in Q2. Mined or milled grades were higher.
Also watch forKeno Hill reports output at or below 0.6 million ounces and does not report a grade recovery.
Why it matters: Free cash flow was $136 million in Q2, but Hecla said capital spending would rise in Q3. The next report will show how that spending affects cash generation.
Watch forQ3 free cash flow from continuing operations is at least $136 million.
Also watch forQ3 free cash flow from continuing operations is below $100 million.
Why it matters: The circuit could add silver and gold output once fully running. A clear build plan would show the idea is moving forward.
Supportive ifHecla gives a dated build plan or starts circuit construction. It keeps the stated output potential.
Worry ifHecla cancels the circuit, delays it without a new date, or drops its stated output potential.
Why it matters: Hecla cut its output range due to a weaker Keno Hill outlook. Results will show whether stronger output at other mines can offset it.
Watch forQ3 results keep 2026 silver output guidance at 15.1–16.1 million ounces or raise it.
Also watch forHecla cuts 2026 silver output guidance below 15.1 million ounces.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$247 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $659 loss on $10,000 · 6.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,846 loss on $10,000 · 58.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Hecla entered a new credit agreement in September. In Q2, it reported no long-term debt. The next filing can show if borrowing changes that.
Worry ifA later filing says the new agreement has no funded debt. The revolving facility remains undrawn.
Less concerning ifA later filing reports a draw under the new agreement or new funded debt.