Hecla Mining (NYSE:HL) Shares Gap Down – Here’s What Happened

Hecla Mining Company (NYSE:HL)’s share price gapped down prior to trading on Friday . The stock had previously closed at $26.32, but opened at $23.59. Hecla Mining shares last traded at $24.2060, with a volume of 4,816,045 shares traded.

More Hecla Mining News

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

• Positive Sentiment: HC Wainwright raised FY2026 EPS expectations to $0.76 (from $0.51), keeps a “Buy” rating and a $36.50 target — a material earnings/target upgrade that underpins longer-term upside. HC Wainwright boosts estimates
• Positive Sentiment: Analysts at one shop raised Hecla’s price target to $32.00, signaling higher analyst valuation anchors despite near-term volatility. Price Target Raised to $32.00
• Positive Sentiment: Coverage pieces highlight Hecla as a U.S. silver-story with growth potential after the 2025 rally and argue miners could enjoy outsized profits if metals stabilize or rebound. These narratives support investor interest in the stock as a thematic play. An American Silver Play With Growth Potential
• Positive Sentiment: Regional/foreign coverage frames Hecla as a strategic buy amid rising silver demand, adding to the positive media and investor sentiment supporting the name. Hecla Mining: A Strategic Investment
• Neutral Sentiment: Consensus analyst recommendation stands at “Hold,” indicating mixed analyst views and suggesting room for divergence among investors even with some upgraded targets. Given Consensus Recommendation of Hold
• Negative Sentiment: A dramatic collapse in silver prices — described as an historic/epic crash — is the primary near-term catalyst driving the selloff in silver miners, and is the most likely reason HL is falling despite analyst upgrades. Silver’s Epic Crash

Analyst Upgrades and Downgrades

HL has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a research report on Monday, December 29th. Canaccord Genuity Group set a $26.50 price target on shares of Hecla Mining in a research note on Friday, January 23rd. HC Wainwright upped their price target on shares of Hecla Mining from $16.50 to $36.50 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets raised their price objective on shares of Hecla Mining from $16.00 to $28.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, Wall Street Zen raised shares of Hecla Mining from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Hecla Mining presently has a consensus rating of “Hold” and an average price target of $22.00.

Hecla Mining Price Performance

The company’s fifty day moving average is $21.14 and its 200 day moving average is $14.17. The firm has a market cap of $15.07 billion, a price-to-earnings ratio of 72.56 and a beta of 1.28. The company has a quick ratio of 1.51, a current ratio of 2.15 and a debt-to-equity ratio of 0.11.

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

Hecla Mining Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were paid a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, November 24th. Hecla Mining’s dividend payout ratio (DPR) is currently 3.23%.

Insiders Place Their Bets

In other Hecla Mining news, VP Kurt Allen sold 52,219 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $21.91, for a total transaction of $1,144,118.29. Following the sale, the vice president directly owned 216,641 shares of the company’s stock, valued at approximately $4,746,604.31. This represents a 19.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP David C. Sienko sold 207,553 shares of Hecla Mining stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $19.42, for a total transaction of $4,030,679.26. Following the completion of the transaction, the vice president directly owned 906,370 shares of the company’s stock, valued at approximately $17,601,705.40. This trade represents a 18.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 426,679 shares of company stock valued at $7,678,773 in the last 90 days. 0.62% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hecla Mining

Several institutional investors and hedge funds have recently modified their holdings of HL. Transce3nd LLC acquired a new stake in shares of Hecla Mining during the 2nd quarter worth about $25,000. USA Financial Formulas bought a new position in Hecla Mining in the 3rd quarter valued at about $25,000. Lodestone Wealth Management LLC acquired a new stake in Hecla Mining during the fourth quarter worth approximately $28,000. UMB Bank n.a. boosted its holdings in shares of Hecla Mining by 2,390.0% during the third quarter. UMB Bank n.a. now owns 2,490 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 2,390 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of 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 during the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About Hecla Mining

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.