WinstonWınston
Hecla Mining Company logo

Hecla Mining Company

HL
69
Silver · Basic Materials
Price
$14.33
-0.19 (-1.31%)
Market Cap
$9.61B
Winston Score
69
Winston is curious
A decent business — some strong pillars, some weaker.

Share count rising — dilution

+21.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 542.2M (2021) → 655.8M (2025)

Hecla Mining Company digs silver, gold, lead, and zinc out of the ground at mines across the United States and Canada. It sells these metals to refiners, smelters, and industrial buyers who turn them into things like electronics, solar panels, jewelry, and batteries. Hecla is the largest silver producer in the United States, which sets it apart from most other North American mining companies.

Hecla makes money by selling the metals it mines, so its revenue rises and falls with commodity prices. Its main mines are in Alaska, Idaho, and Nevada, plus operations in Quebec, Canada. The company's long-running Greens Creek mine in Alaska and Lucky Friday mine in Idaho are among the most productive silver mines in the country, giving it a cost advantage over smaller rivals. The biggest risk Hecla faces is that silver and gold prices are set by global markets, meaning a sharp drop in metal prices would directly hurt its profits no matter how well the company operates.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+79.5% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+367.0% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$0/ year

0.0% of revenue

Below sector average (3%)

Research and development spending

Insider Activity

1.2%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$242M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue accelerating

Hecla Mining Company grew revenue 79% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
52.6%
Healthy — 52.6% gross margin
Operating Margin
49.0%
Excellent — 49.0% operating margin
ROCE
7.7%
Weak — 7.7% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+53.0%
Fast-growing sales (53.0% YoY)
EPS YoY
+122400.0%
Earnings growing fast (122400.0% YoY)

Earnings growing 25%+ a year. The compounder zone.

EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
175%
Turns 175% of profit into real cash
FCF Margin
21.8%
Converts sales into free cash efficiently (21.8%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.11
Conservative — low debt load (0.11)
Interest Cover
12.37x
Comfortably covers interest (12.4x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
29.2x
Growth-priced — P/E 29.2

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
+13.6
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (29.2 → 15.6)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield
0.10%
Small dividend — 0.10% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth
-57.1%
Dividend cut (-57.1% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial