Cibc World Market Inc. Cuts Stake in Hecla Mining Company $HL

Cibc World Market Inc. decreased its position in Hecla Mining Company (NYSE:HLFree Report) by 65.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,289 shares of the basic materials company’s stock after selling 61,887 shares during the period. Cibc World Market Inc.’s holdings in Hecla Mining were worth $391,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its holdings in Hecla Mining by 7.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 12,720 shares of the basic materials company’s stock valued at $154,000 after purchasing an additional 918 shares in the last quarter. Federated Hermes Inc. boosted its stake in shares of Hecla Mining by 29.9% in the third quarter. Federated Hermes Inc. now owns 4,023 shares of the basic materials company’s stock valued at $49,000 after buying an additional 926 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Hecla Mining by 9.9% in the third quarter. Nisa Investment Advisors LLC now owns 12,620 shares of the basic materials company’s stock valued at $153,000 after buying an additional 1,134 shares in the last quarter. GAMMA Investing LLC grew its holdings in Hecla Mining by 28.7% during the third quarter. GAMMA Investing LLC now owns 6,426 shares of the basic materials company’s stock worth $78,000 after acquiring an additional 1,434 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Hecla Mining by 7.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 23,080 shares of the basic materials company’s stock worth $276,000 after acquiring an additional 1,516 shares in the last quarter. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hecla Mining

In other news, VP Kurt Allen sold 52,219 shares of Hecla Mining stock in a transaction dated 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 completion of the sale, the vice president directly owned 216,641 shares in the company, valued at $4,746,604.31. The trade was a 19.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David C. Sienko sold 207,553 shares of the business’s stock in a transaction that occurred on 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 represents a 18.63% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on HL. Wall Street Zen upgraded shares of Hecla Mining from a “hold” rating to a “buy” rating in a research report on Sunday, November 2nd. Canadian Imperial Bank of Commerce raised their price objective on shares of Hecla Mining from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Scotiabank boosted their price objective on shares of Hecla Mining from $15.00 to $25.00 and gave the stock a “sector perform” rating in a report on Monday, January 26th. BMO Capital Markets increased their target price on shares of Hecla Mining from $16.00 to $28.00 and gave the company a “market perform” rating in a report on Tuesday, January 27th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Hecla Mining in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $21.63.

Check Out Our Latest Stock Analysis on Hecla Mining

Key Headlines Impacting Hecla Mining

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

  • Positive Sentiment: Q4 2025 beat — Hecla reported stronger-than-expected Q4 revenue (~$448M) and EPS (~$0.19–$0.20), with sharply expanded gross and operating margins and healthy operating cash flow, which underpins the stock strength. Hecla Q4 2025 Earnings
  • Positive Sentiment: Record 2025 performance and payout — Management called 2025 a record year (revenue > $1B), and the company declared a small quarterly dividend (annualized yield ~0.1%), signaling confidence and returning some cash to shareholders. Dividend/Record 2025
  • Positive Sentiment: Higher silver production — Hecla raised 2025 silver output ~5% to ~17M ounces (Greens Creek, Lucky Friday, Keno Hill), supporting the company’s pivot toward a silver‑focused growth strategy. Silver Production Increase
  • Neutral Sentiment: Analyst coverage and targets — Several analysts have raised targets (median ~ $30) and at least one buy rating is on file, which could support upside but expectations already look baked into the run-up. Analyst Ratings & Targets
  • Neutral Sentiment: Valuation & timing questions — After a multi‑year share price surge and a high trailing P/E, some commentators ask whether new investors are buying late in the cycle; this can temper enthusiasm. Valuation Discussion
  • Negative Sentiment: Intraday pullbacks and strategy reaction — Some reports show a sharp pullback (articles noted declines after the record results and the new silver‑focused strategy), indicating profit‑taking and mixed investor reception to the pivot. Pullback After Results
  • Negative Sentiment: Insider & large institutional selling — Recent filings and coverage flag notable insider sales and large fund position reductions at the institutional level, which can add selling pressure even amid strong fundamentals. Insider/Institutional Activity

Hecla Mining Stock Performance

NYSE:HL opened at $22.02 on Thursday. The company has a current ratio of 2.15, a quick ratio of 1.51 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $14.76 billion, a P/E ratio of 44.94 and a beta of 1.25. The firm has a 50-day moving average price of $22.70 and a two-hundred day moving average price of $15.67. Hecla Mining Company has a twelve month low of $4.46 and a twelve month high of $34.17.

Hecla Mining Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Monday, March 9th will be issued a $0.0038 dividend. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, March 9th. Hecla Mining’s payout ratio is 2.04%.

Hecla Mining Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hecla Mining (NYSE:HL)

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