CIBC Asset Management Inc Boosts Stock Position in Hecla Mining Company $HL

CIBC Asset Management Inc boosted its holdings in shares of Hecla Mining Company (NYSE:HLFree Report) by 157.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,703 shares of the basic materials company’s stock after purchasing an additional 29,772 shares during the quarter. CIBC Asset Management Inc’s holdings in Hecla Mining were worth $589,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. USA Financial Formulas bought a new stake in shares of Hecla Mining in the 3rd quarter worth about $25,000. Salomon & Ludwin LLC bought a new stake in Hecla Mining during the third quarter worth approximately $49,000. Transce3nd LLC purchased a new stake in Hecla Mining during the second quarter valued at approximately $25,000. Global Retirement Partners LLC lifted its stake in shares of Hecla Mining by 2,977.5% in the 3rd quarter. Global Retirement Partners LLC now owns 4,247 shares of the basic materials company’s stock valued at $51,000 after purchasing an additional 4,109 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Hecla Mining by 385.5% in the 3rd quarter. AdvisorNet Financial Inc now owns 4,515 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 3,585 shares during the period. Institutional investors own 63.01% of the company’s stock.

Insider Buying and Selling

In other Hecla Mining news, VP David C. Sienko sold 207,553 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $19.42, for a total transaction of $4,030,679.26. Following the transaction, the vice president directly owned 906,370 shares in the company, valued at $17,601,705.40. This trade represents a 18.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Kurt Allen sold 52,219 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $21.91, for a total value of $1,144,118.29. Following the completion of the sale, the vice president owned 216,641 shares of the company’s stock, valued at $4,746,604.31. This represents a 19.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 426,679 shares of company stock valued at $7,678,773 over the last quarter. 1.40% of the stock is owned by corporate insiders.

Hecla Mining Stock Down 3.6%

NYSE:HL opened at $27.29 on Thursday. The stock has a fifty day simple moving average of $20.70 and a 200-day simple moving average of $13.92. 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 cap of $18.28 billion, a price-to-earnings ratio of 88.02 and a beta of 1.28. Hecla Mining Company has a twelve month low of $4.46 and a twelve month high of $34.17.

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

Hecla Mining Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HL shares. Zacks Research upgraded Hecla Mining from a “hold” rating to a “strong-buy” rating in a report on Monday, January 12th. Roth Mkm reiterated a “sell” rating and set a $16.00 price objective on shares of Hecla Mining in a research report on Tuesday. CIBC increased their target price on shares of Hecla Mining from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Wednesday. BMO Capital Markets lifted their price target on shares of Hecla Mining from $16.00 to $28.00 and gave the stock a “market perform” rating in a research note on Tuesday. Finally, Scotiabank upped their price target on shares of Hecla Mining from $15.00 to $25.00 and gave the company a “sector perform” rating in a report on Monday. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Hecla Mining presently has an average rating of “Hold” and a consensus target price of $22.00.

Read Our Latest Report on HL

Key Headlines Impacting Hecla Mining

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

  • Positive Sentiment: CIBC raised its price target on Hecla from $27 to $32 (still a “neutral” rating). The boost in target suggests analysts see ~17% upside from the stock’s recent level, which can support buying interest. Read More.
  • Positive Sentiment: Unusually large call-option activity — traders bought ~103,115 calls (about +145% vs. average) — signals short-term bullish positioning that can amplify upside volatility if catalysts align. Read More.
  • Positive Sentiment: Momentum: Hecla has rallied sharply over the past week (nearly +20%), attracting attention from momentum traders and coverage pieces that can sustain short-term flows. Read More.
  • Positive Sentiment: Strategic refocus: Hecla announced a plan to divest Casa Berardi to concentrate on silver — a clearer strategic focus can be viewed positively by investors seeking higher-margin, core-commodity exposure. Read More.
  • Neutral Sentiment: Investor Day materials and transcripts were posted (detailed guidance, strategy and Q&A). These documents provide context for management’s long-term plan but are informational until they change guidance or metrics materially. Read More.
  • Neutral Sentiment: An M&A call transcript was released; management commentary on portfolio moves is useful for modeling but not immediately catalytic without deal specifics. Read More.
  • Negative Sentiment: Production outlook: Hecla’s weaker 2026 production outlook spurred a ~5.5% drop previously — lower near-term volumes can pressure revenue and sentiment, which helps explain downward moves despite other positive signals. Read More.

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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