Hecla Mining (NYSE:HL) Trading Down 7.9% – Here’s What Happened

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

Key Hecla Mining News

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

• Positive Sentiment: Hecla agreed to sell its Casa Berardi gold operation to Orezone for up to $593 million — a cash-rich divestiture that management says will strengthen the balance sheet and let Hecla refocus on its premier silver assets. Hecla Announces Sale of Casa Berardi
• Positive Sentiment: Silver hit a record above $100/oz today — a price tailwind that materially boosts revenue and margins for primary silver producers like Hecla, and likely underpins investor demand even where guidance was conservative. Silver Just Hit $100. Time to Sell Hecla Mining?
• Positive Sentiment: Unusually heavy call‑option buying — over 103k call contracts (≈145% above average) traded — signals short‑term bullish speculation or hedging activity that can amplify intraday upside or volatility in HL. Investors Purchase High Volume of Hecla Mining Call Options
• Positive Sentiment: Hecla reported strong 2025 production and issued 2026 outlooks that management frames as supportive of its strategic transformation (details in company release/coverage). This underpins confidence in operational execution as the company pivots to a silver-focused portfolio. Hecla Announces Full Year Production and 2026 Guidance
• Neutral Sentiment: Hecla held an Investor Day (transcript and analyst materials published) and released M&A call transcripts — useful for long‑term thesis and management visibility but unlikely to move price by themselves absent new guidance or transaction specifics. 2026 Investor Day Investor Day Transcript M&A Call Transcript
• Neutral Sentiment: Trading in HL was temporarily halted when news was pending — a procedural reaction to the Casa Berardi sale announcement that can increase intraday volatility once resumed.
• Negative Sentiment: Company guidance included lower 2026 silver output expectations — a production headwind that could temper near‑term earnings growth if higher metal prices don’t fully offset lower volumes. Hecla Mining forecasts lower 2026 silver output

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HL shares. Roth Mkm restated a “sell” rating and issued a $16.00 price target on shares of Hecla Mining in a research report on Tuesday. HC Wainwright restated a “buy” rating on shares of Hecla Mining in a report on Tuesday. Scotiabank upped their target price on shares of Hecla Mining from $15.00 to $25.00 and gave the company a “sector perform” rating in a research report on Monday. Zacks Research upgraded Hecla Mining from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Hecla Mining in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Hecla Mining has a consensus rating of “Hold” and a consensus target price of $17.56.

Hecla Mining Stock Performance

The company has a quick ratio of 1.51, a current ratio of 2.15 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average price of $20.15 and a 200 day moving average price of $13.67. The stock has a market cap of $18.67 billion, a P/E ratio of 90.00 and a beta of 1.28.

Hecla Mining (NYSE:HL) last announced its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.12 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $315.60 million. During the same quarter in the prior year, the company posted $0.03 EPS. Hecla Mining’s quarterly revenue was up 67.1% on a year-over-year basis. As a group, sell-side analysts expect that Hecla Mining Company will post 0.21 EPS for the current year.

Hecla Mining Dividend Announcement

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

Insiders Place Their Bets

In related news, VP Kurt Allen sold 52,219 shares of the stock in a transaction that occurred 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Russell Douglas Lawlar sold 148,372 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $15.00, for a total value of $2,225,580.00. Following the transaction, the chief financial officer owned 347,402 shares in the company, valued at $5,211,030. The trade was a 29.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 426,679 shares of company stock worth $7,678,773 in the last three months. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Hecla Mining

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new stake in shares of Hecla Mining in the fourth quarter valued at about $28,000. USA Financial Formulas purchased a new position in Hecla Mining during the 3rd quarter valued at about $25,000. UMB Bank n.a. raised its holdings in shares of Hecla Mining by 2,390.0% in the 3rd quarter. UMB Bank n.a. now owns 2,490 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 2,390 shares in the last quarter. Stone House Investment Management LLC raised its holdings in shares of Hecla Mining by 449.0% in the 4th quarter. Stone House Investment Management LLC now owns 2,811 shares of the basic materials company’s stock valued at $54,000 after purchasing an additional 2,299 shares in the last quarter. Finally, MAI Capital Management purchased a new stake in shares of Hecla Mining in the 3rd quarter worth approximately $39,000. 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.