Hecla Mining (NYSE:HL) Stock Price Down 7.9% – What’s Next?

Shares of Hecla Mining Company (NYSE:HL) dropped 7.9% during trading on Tuesday . The stock traded as low as $28.01 and last traded at $27.61. Approximately 9,786,904 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 26,664,787 shares. The stock had previously closed at $29.97.

Key Headlines Impacting Hecla Mining

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

• Positive Sentiment: Refocus on silver could improve margins and simplify strategy — Hecla says it will divest Casa Berardi and redeploy capital toward its core silver assets, which may be viewed positively given elevated silver prices and Hecla’s scale in silver production. Hecla to Divest Casa Berardi
• Positive Sentiment: Precious?metals tailwinds: dollar weakness and rising gold/silver prices support HL’s commodity exposure, making the stock a beneficiary if metals remain strong. (Macro-driven upside for miners.) Dollar Slides, Gold & Silver Keep Surging
• Positive Sentiment: Analyst target moved higher — CIBC raised its price target on HL from $27 to $32 (neutral rating), signaling analyst confidence in upside potential following recent strategic moves. Benzinga coverage of CIBC price target
• Neutral Sentiment: Momentum and valuation comparisons — Coverage notes HL rallied ~20% in a week and is being compared with peers (e.g., Coeur/CDE) on value and pipeline; useful for tactical investors but not a clear directional catalyst by itself. HL Up 19.86% in One Week
• Neutral Sentiment: Peer comparison analysis — Analyst piece compares CDE vs HL on value metrics and project pipelines; helpful for longer?term positioning but not an immediate price driver. CDE vs. HL valuation
• Neutral Sentiment: Options interest being discussed — Retail/options commentary outlines strategies around upcoming expirations (e.g., March 13) reflecting elevated trader interest but not a company fundamental change. Exploring March 13th Options for Hecla
• Negative Sentiment: Weaker 2026 production outlook has already dented sentiment — reports highlight a softer near?term production forecast that triggered a prior ~5.5% one?day selloff and is a clear near?term headwind to earnings/growth expectations. Hecla Drops on Weak 2026 Outlook
• Negative Sentiment: Casa Berardi divestiture also trims gold exposure and near?term production profile — while strategic, the sale could reduce near?term output and earnings until redeployed proceeds are invested, adding short?term uncertainty. Hecla Refocuses On Silver As Casa Berardi Sale Reshapes Outlook

Analyst Upgrades and Downgrades

HL has been the subject of a number of recent analyst reports. Roth Mkm reaffirmed a “sell” rating and issued a $16.00 price objective on shares of Hecla Mining in a research report on Tuesday. BMO Capital Markets upped their target price on Hecla Mining from $16.00 to $28.00 and gave the company a “market perform” rating in a report on Tuesday. Wall Street Zen upgraded Hecla Mining from a “hold” rating to a “buy” rating in a report on Sunday, November 2nd. HC Wainwright boosted their price objective on Hecla Mining from $16.50 to $36.50 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Canaccord Genuity Group set a $26.50 target price on Hecla Mining in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $22.00.

Hecla Mining Trading Down 3.0%

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.15 and a quick ratio of 1.51. The firm has a fifty day simple moving average of $20.96 and a two-hundred day simple moving average of $14.00. The firm has a market capitalization of $17.68 billion, a P/E ratio of 85.10 and a beta of 1.28.

Hecla Mining (NYSE:HL) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Hecla Mining had a return on equity of 7.87% and a net margin of 16.35%.The company had revenue of $409.54 million during the quarter, compared to the consensus estimate of $315.60 million. During the same quarter in the prior year, the company earned $0.03 EPS. The firm’s quarterly revenue was up 67.1% compared to the same quarter last year. On average, equities research analysts anticipate that Hecla Mining Company will post 0.21 earnings per share for the current fiscal year.

Hecla Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, November 24th were given a $0.0038 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.02 annualized dividend and a dividend yield of 0.1%. Hecla Mining’s payout ratio is 3.23%.

Insider Buying and Selling

In related news, VP Kurt Allen sold 52,219 shares of Hecla Mining stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $21.91, for a total value of $1,144,118.29. Following the completion of the transaction, the vice president directly owned 216,641 shares in the company, valued at approximately $4,746,604.31. The trade was a 19.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David C. Sienko sold 207,553 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $19.42, for a total value of $4,030,679.26. Following the sale, the vice president owned 906,370 shares in the company, valued at approximately $17,601,705.40. This represents a 18.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 426,679 shares of company stock valued at $7,678,773. Company insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Hecla Mining

A number of institutional investors and hedge funds have recently made changes to their positions in HL. Transce3nd LLC purchased a new position in Hecla Mining during the second quarter worth about $25,000. USA Financial Formulas purchased a new position in shares of Hecla Mining during the third quarter worth about $25,000. Lodestone Wealth Management LLC purchased a new position in shares of Hecla Mining during the fourth quarter worth about $28,000. UMB Bank n.a. increased its position in shares of Hecla Mining by 2,390.0% in the third quarter. UMB Bank n.a. now owns 2,490 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 2,390 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Hecla Mining by 255.6% in the second quarter. EverSource Wealth Advisors LLC now owns 6,156 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 4,425 shares in the last quarter. 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.