Hecla Mining

HL · NYSE

$13.85−$0.26 (−1.84%)TodayMarket closed · Oct 23, 7:58 PM ET

Prev close $14.11

HL analyst rating

HoldConsensus of 7 analysts over the last 12 months. 43% rate it a buy.

Strong buy0
Buy3
Hold4
Underperform0
Sell0

12-month price target · 14 analysts

Average $23.03 (+66.3% upside)

Low: $17.17
Now: $13.85
High: $33.60

Upgrades and downgrades

The latest rating actions, newest first

HL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Sep 16, 2026	Maintains	Outperform	$24.00 → $20.00	49%
Jefferies	Aug 21, 2026	Initiates	Hold	$22.00	52%
Scotiabank	Jul 14, 2026	Maintains	Sector Perform	$25.00 → $21.00	26%
HC Wainwright & Co.	May 6, 2026	Maintains	Buy	$36.50 → $26.75	25%
Canaccord Genuity	Apr 29, 2026	Upgrade	Hold → Buy	$24.00	22%
CIBC	Jan 28, 2026	Maintains	Neutral	$27.00 → $32.00	88%
HC Wainwright & Co.	Jan 28, 2026	Maintains	Buy	$16.50 → $36.50	25%
BMO Capital	Jan 27, 2026	Maintains	Market Perform	$16.00 → $28.00	73%
Scotiabank	Jan 26, 2026	Maintains	Sector Perform	$15.00 → $25.00	26%
CIBC	Nov 25, 2025	Maintains	Neutral	$15.00 → $16.50	88%

The case for and against

Updated Jul 21, 2026

Bull case

Hecla Mining is well-positioned to benefit from the continued strength of commodity prices, especially in silver which accounts for a majority of its revenue. The company's strong balance sheet and free cash flow generation also provide support for its exploration, development, and potential M&A initiatives. Despite slightly lower production guidance, the firm's commitment to investing in exploration and development projects should drive long-term growth and potential cost savings.

Bear case

Hecla Mining is facing significant risks that could impede its ability to reach its price target, including commodity price volatility, financing challenges, high capital expenditures, and potential operational and technical issues. Furthermore, the recent sale of Casa Berardi for a combination of cash, equity, and deferred payments may impact Hecla's financials and future prospects. Ultimately, these factors contribute to the analyst's negative outlook on Hecla Mining's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.