Hecla Mining Company (HL) Up 5.8% — Should I Acquire Shares Here?
Key Points
Hecla Mining Company (HL) continued its strong performance in the latest session, with shares advancing 5.77% to close at $20.80 on the NYSE. The stock gained $1.13 from the prior close, extending a recent stretch of bullish activity and pushing deeper into its current uptrend. Trading was active, with more than 10.9 million shares changing hands. While this came in below the 90-day average volume of roughly 23.6 million shares, the move still reflected solid investor interest as the stock gained ground. The latest close also places HL just above its recently established 52-week high of $20.57, set on Dec. 19, 2025, underscoring strong upside momentum and a market that continues to test new resistance levels.
From a sector perspective, HL’s surge stands out within the precious metals and mining group. Many gold and silver producers have been advancing, but Hecla’s latest price action has been particularly strong, outpacing the more measured climbs seen in larger peers such as Southern Copper Corporation (SCCO), Newmont Corporation (NEM), and Agnico Eagle Mines (AEM) on both U.S. and Canadian exchanges. The stock’s decisive move above its prior 52-week high range helps reinforce a bullish technical picture, with price action signaling buyers firmly in control for now. As HL trades in fresh high territory, the focus for investors shifts to whether the stock can sustain this momentum and build on its recent breakout-like behavior.
Why Hecla Mining Company Price is Moving Higher
Hecla Mining Company’s latest surge is being fueled by a clear set of positive catalysts that investors are treating as a powerful inflection point. The headline driver is its inclusion in the S&P MidCap 400 Index, effective Dec. 22, which typically brings sustained buying from index funds and larger institutions. That announcement arrived on top of strong Q3 2025 results, where Hecla delivered an EPS beat ($0.15 vs. $0.09 expected) and a major revenue jump to $410 million. With revenue growth running at more than 60% and profit margins above 16%, investors are rewarding the company for converting higher precious metals prices and operational improvements into tangible earnings momentum.
Fundamental and macro tailwinds are reinforcing that enthusiasm. A 25-basis-point Fed rate cut has supported gold and silver prices, lifting sentiment across the precious metals space and helping Hecla stand out within the Materials sector. On the company-specific side, the high-grade gold discovery at Midas in Nevada, expansions at Keno Hill and Greens Creek, and regulatory approval for the Polaris Exploration Project are all seen as extending Hecla’s growth runway into 2026 and beyond. Positive analyst action, including a higher price target from RBC Capital, underscores this constructive outlook. Together, these factors are building a narrative of accelerating production, improving profitability and expanding resource potential — a combination that is driving bullish momentum in HL shares as investors position for continued upside participation in both the company’s growth cycle and the broader precious metals uptrend.
What is the Hecla Mining Company Rating - Should I Buy?
Weiss Ratings assigns HL a C rating. Current recommendation is Hold. For investors, that places Hecla Mining Company in the middle of the pack: Neither a clear Buy nor a Sell, but a name to watch closely, especially given its improving fundamentals and sector backdrop.
What stands out most is Hecla’s reward profile. The Excellent Growth Index lines up with its 67.10% revenue growth and a solid 16.26% profit margin, indicating that the underlying business has been expanding at a strong pace. The Good Total Return Index further shows that, on a risk-adjusted basis, shareholders have been compensated reasonably well relative to the company’s risk profile, even if performance has not yet been strong enough to push the stock into Buy territory.
On the balance sheet side, the Excellent Solvency Index is a key strength for long-term investors. It points to a company that appears well-positioned to meet its obligations and potentially navigate commodity cycles more effectively than weaker peers. At the same time, the Fair Efficiency Index and elevated forward P/E ratio of 64.64 indicate investors are paying a rich valuation for growth that still depends heavily on execution and commodity pricing.
Compared with other Materials-sector peers, Hecla’s overall standing is more cautious. Southern Copper Corporation (SCCO, B), Newmont Corporation (NEM, B), and Agnico Eagle Mines Limited (AEM, A) all carry Buy-level ratings, reflecting stronger overall risk/reward combinations. For investors comfortable with sector volatility, Hecla’s mix of strong growth, solid solvency and a Hold rating may appeal as a potential watchlist candidate rather than a core holding at this stage.
About Hecla Mining Company
Hecla Mining Company is a long-established producer in the Materials sector, with a primary focus on precious metals mining. The company is best known for its silver operations, complemented by meaningful exposure to gold and other associated metals. Through a portfolio of underground mines and development projects in North America, Hecla is involved in the full life cycle of mining — from exploration and resource delineation to extraction, processing, and concentrate production. Its assets are strategically located in politically stable jurisdictions, which helps support operational continuity and long-term planning.
Within the Materials industry, Hecla has built a reputation as one of the largest primary silver producers in the United States, supplying material used in a wide range of industrial, technological, and investment applications. The company emphasizes modern mining methods, with a focus on operational efficiency, safety, and environmental stewardship. Vertical integration across exploration, mining, and processing allows Hecla to exercise significant control over quality and costs. In addition, the company’s multi-mine structure, diversified ore bodies, and experience operating in complex geological environments contribute to its resilience and competitive standing in the precious metals space.
Investor Outlook
With Hecla Mining Company (HL) carrying a C (Hold) Weiss Rating, the stock appears positioned for potential continued gains if recent momentum aligns with improving fundamentals in the Materials space. Investors may want to watch how HL responds to shifts in metals pricing and broader sector trends, as well as any developments that could eventually lift its overall risk/reward profile. See full rankings of all C-rated Materials stocks inside the Weiss Stock Screener.
--