HECLA MINING COMPANY
At today's price, HECLA MINING COMPANY (HL) is priced for today's economics sustained for ~7.6 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
• Hecla is the largest silver producer in the United States, and its defining asset is Greens Creek in Alaska, where by-product credits from gold, lead, and zinc push the silver cash cost below zero; the 10-K records a cash cost after by-product credits of negative $1.75 per ounce, meaning the gold and base metals more than pay for the silver. ⟦Cash Cost, After By-product Credits, per Ounce $ (1.75 )⟧ • The central risk is the one the company cannot control: metal prices, which the filing lists
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536 institutional managers reported holding HL in 13F filings for the quarter ended 2026-03-31. Together they hold about 71% of the company; the top 10 hold 47%. 109 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 39.4M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (1.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
HL's share count grew 25.2% over the past five years even with $8.96M spent on repurchases. It pays a dividend, and has for 14 years running; the current rate is $0.04 a share annually. Cash returned over the past three years: $46.40M in dividends and $3.24M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at HL over the trailing three years: 2023: 1 buy totaling $35k; 2024: 1 buy totaling $0k; 2025: 3 buys totaling $205k. 16 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
HL's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-10 | -10.7% | -20.3% |
| 2023-11-08 | -5.2% | +7.3% |
| 2024-02-16 | +4.9% | +47.1% |
| 2024-05-10 | +9.0% | +12.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
HL's latest 8-K filings: 2026-05-22 (items 5.02, 5.07, 9.01); 2026-05-05 (items 2.02, 8.01); 2026-04-10 (items 1.02, 2.04, 9.01); 2026-03-25 (items 2.01, 8.01, 9.01); 2026-02-20 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.