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Hecla Mining Company (HCL) Fair Value & Analysis

Basic Materials · DE · Market cap €8.4B

HM Hecla Mining Company HCL · XETRA
Price€12.45
Fair Value€8.15
Upside-34.5%
Quality58/100
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Evidence: High Range €5.28 – €10.19 📤 Share as image

Fair value as of: Jul 18, 2026

From 26 valuation models · updated 3 days ago

Share price −7.4% over the past month.

Price vs Fair Value (12 months)

€27.77 €4.96 Fair Value €8.15 Jul 2025 Jul 2026

12‑month range €4.96 – €27.77 · fair‑value band €5.28 – €10.19 · the €12.45 price screens above the €8.15 fair value. As of Jul 18, 2026.

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Analysis

Hecla Mining Company (HCL) currently trades at €12.45, while our model-based Fair Value estimate is €8.15, implying the stock looks roughly 34.5% overvalued today. We read business quality at 58/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Hecla Mining Company generated revenue of €1.6B at a net margin of 16.8%. Revenue grew 100.4% year over year. It earns a return on equity of 19.9%. Net debt stands at €57.1M. Fundamentals as of Jul 18, 2026

Our scenario range runs from €5.28 (bear case) to €10.19 (bull case); at €12.45, the current price sits above that range. The share trades about 57% below its 52-week high and 173% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -9% fair-value upside, at -35%, HCL screens richer than that median.

Key figures & financial health

Revenue (TTM) €1.6B
Revenue growth (YoY) +100%
Net margin 16.8%
Return on equity 19.9%
Free cash flow €310M FY2025
P/E ratio 25.7
More key figures
Operating margin 55.5%
EPS (TTM) €0.5900
Dividend yield 0.1%
EPS growth (YoY) +952%
Net debt €57.1M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Hecla Mining Company, together with its subsidiaries, provides precious and base metals in the United States, Canada, Japan, Korea, China, and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and unrefined doré containing silver and gold. The company was incorporated in 1891 and is headquartered in Coeur d'Alene, Idaho.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hecla Mining Company reported revenue of €1.4B in FY2025 versus €807M in FY2021, a compound +15.2%/yr. Reported net income was €322M in FY2025, compounding +74.0%/yr from FY2021.

Revenue +15.2%/yr
FY21 €807M
FY22 €719M
FY23 €720M
FY24 €930M
FY25 €1.4B
Net income +74.0%/yr
FY21 €35.1M
FY22 −€37.3M
FY23 −€84.2M
FY24 €35.8M
FY25 €322M

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Cite: Fair Value Calculator (2026). "Hecla Mining Company Fair Value". https://www.fairvalue-calculator.com/stock/HCL

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Frequently asked questions

Is Hecla Mining Company (HCL) undervalued?
As of Jul 18, 2026, our model estimates a fair value of €8.15 versus a price of €12.45, about −35% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HCL?
Our model-based fair value for Hecla Mining Company is €8.15 (as of Jul 18, 2026), built from audited fundamentals. The current price is €12.45.
What is the quality score of HCL?
Hecla Mining Company has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hecla Mining Company (HCL)?
Hecla Mining Company reported trailing-twelve-month revenue of about €1.6B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of HCL?
The net profit margin of Hecla Mining Company is about 16.8%, meaning it keeps roughly 16.8% of revenue as net income. Based on the latest reported figures.
Does Hecla Mining Company pay a dividend?
Hecla Mining Company currently shows a dividend yield of about 0.10% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.