Hecla Mining (HL)

Company Profile

Founded in 1891,Hecla Mining Company is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the Company owns a number of exploration properties and pre-development projects in world-class silver and gold mining districts throughout North America.

Company profile

Ticker

HL, HL+B

Exchange

NYSE

Website

www.hecla-mining.com

CEO

Phillips Baker

Incorporated

Delaware

Location

Idaho

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Silver Ore Mining

Industry (SIC)

Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Vulcan Materials • MDU Resources • Centrus Energy • Covia • Summit Materials • Martin Marietta Materials • Intrepid Potash • U.S. Silica • Sisecam Resources • Compass Minerals International ...

SEC CIK

0000719413

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Hecla Limited • Hecla Admiralty Company • Hecla Greens Creek Mining Company • Hecla Juneau Mining Company • Hecla Alaska LLC • Hecla Canada Ltd. • 1080980 B.C. Ltd. • Alexco Resource Corp. • Alexco Keno Hill Mining Corp. • Development Company Ltd. ...

IRS number

770664171

HL stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$6.08

Low target

$5.00

High target

$7.00

Latest filings (excl ownership)

View all

10% silver production growth in 2022; Expect 18% growth in 2023 and 35% by 2025; Silver cost guidance achieved with 2023 set at similar levels

15 Feb 23

8-K

Hecla Reports Highest Silver Reserves In Company History

14 Feb 23

8-K

Results of Operations and Financial Condition

17 Jan 23

8-K

Amendments to Articles of Incorporation or Bylaws

9 Nov 22

Positive free cash flow generation from all operations for the first nine months

9 Nov 22

8-K

Hecla Announces Q3 2022 Production and Increases Guidance

11 Oct 22

S-3ASR

Automatic shelf registration

14 Sep 22

8-K

Hecla Completes Acquisition of Alexco Resource Corp

7 Sep 22

Transcripts

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Earnings call transcript

2022 Q4

15 Feb 23

Earnings call transcript

2022 Q3

9 Nov 22

Earnings call transcript

2022 Q2

4 Aug 22

Earnings call transcript

2022 Q1

10 May 22

Earnings call transcript

2021 Q4

22 Feb 22

Earnings call transcript

2021 Q3

4 Nov 21

Earnings call transcript

2021 Q2

5 Aug 21

Earnings call transcript

2021 Q1

6 May 21

Earnings call transcript

2020 Q4

18 Feb 21

Earnings call transcript

2020 Q3

9 Nov 20

Latest ownership filings

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VAN ECK ASSOCIATES CORP

14 Feb 23

SC 13G/A

VAN ECK ASSOCIATES CORP

14 Feb 23

SC 13G/A

DIMENSIONAL FUND ADVISORS LP

Wheaton Precious Metals Corp.

13 Sep 22

Financial summary

Financial statements Chart HL financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	104.74 mm	104.74 mm	104.74 mm	104.74 mm	104.74 mm	104.74 mm
Cash burn (monthly)	13.31 mm	8.77 mm	(no burn)	1.34 mm	(no burn)	(no burn)
Cash used (since last report)	38.97 mm	25.69 mm	n/a	3.94 mm	n/a	n/a
Cash remaining	65.77 mm	79.06 mm	n/a	100.81 mm	n/a	n/a
Runway (months of cash)	4.9	9.0	n/a	75.0	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

HL institutional ownership history Ownership history

62.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	283	274	+3.3%
Opened positions	52	31	+67.7%
Closed positions	43	39	+10.3%
Increased positions	112	118	-5.1%
Reduced positions	65	65	–

13F shares	Current	Prev Q	Change
Total value	1.92 tn	1.32 bn	+144899.0%
Total shares	381.51 mm	334.52 mm	+14.0%
Total puts	6.69 mm	1.62 mm	+313.0%
Total calls	3.96 mm	2.71 mm	+46.0%
Total put/call ratio	1.7	0.6	+182.9%

Largest owners	Shares	Value	Change
Vanguard	56.33 mm	$313.19 bn	+6.8%
Van Eck Associates	55.23 mm	$305.35 bn	+8.4%
BLK Blackrock	42.69 mm	$237.34 bn	+1.7%
WPM Wheaton Precious Metals	34.80 mm	$140.60 mm	0.0%
Dimensional Fund Advisors	32.85 mm	$181.65 bn	+1.8%
STT State Street	26.76 mm	$148.80 bn	NEW
Geode Capital Management	10.20 mm	$56.40 bn	+4.0%
Mirae Asset Global Investments	9.52 mm	$52.93 bn	-5.6%
Etf Managers	6.65 mm	$36.96 bn	-3.8%
Jupiter Asset Management	6.46 mm	$35.93 bn	0.0%

Largest transactions	Shares	Bought/sold	Change
STT State Street	26.76 mm	+26.76 mm	NEW
Driehaus Capital Management	4.79 mm	+4.79 mm	NEW
Renaissance Technologies	0.00	-4.34 mm	EXIT
Van Eck Associates	55.23 mm	+4.29 mm	+8.4%
Vanguard	56.33 mm	+3.56 mm	+6.8%
Frontier Capital Management	3.09 mm	+3.09 mm	NEW
Norges Bank	3.02 mm	+3.02 mm	NEW
Ninety One UK	1.99 mm	+1.99 mm	NEW
C Citigroup	1.81 mm	+1.74 mm	+2542.8%
D. E. Shaw & Co.	635.64 k	-949.80 k	-59.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

HL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
27 Feb 23	Lauren M Roberts	Common Stock	Other	Acquire J	Yes	No	0	8,444	0.00	8,444
27 Feb 23	Sienko David C	Common Stock	Other	Acquire J	Yes	No	0	6,795	0.00	6,795
27 Feb 23	Phillips S Baker JR	Common Stock	Other	Acquire J	Yes	No	0	48,342	0.00	48,342
24 Feb 23	Brown Robert Denis	Common Stock	Payment of exercise	Dispose F	No	No	4.98	37,079	184.65 k	392,645
24 Feb 23	Brown Robert Denis	Common Stock	Option exercise	Acquire M	No	No	0	69,306	0.00	429,724
24 Feb 23	Brown Robert Denis	Performance rights Common Stock	Option exercise	Acquire M	No	No	0	34,653	0.00	39,284
24 Feb 23	Lauren M Roberts	Common Stock	Payment of exercise	Dispose F	No	No	4.98	28,798	143.41 k	768,164
24 Feb 23	Lauren M Roberts	Common Stock	Option exercise	Acquire M	No	No	0	99,010	0.00	796,962
24 Feb 23	Lauren M Roberts	Performance rights Common Stock	Option exercise	Acquire M	No	No	0	49,505	0.00	64,182
24 Feb 23	Sienko David C	Common Stock	Payment of exercise	Dispose F	No	No	4.98	30,782	153.29 k	784,737