Hecla Mining (NYSE:HL) Given New $26.75 Price Target at HC Wainwright

Key Points

• HC Wainwright cut its price target on Hecla from $36.50 to $26.75 while keeping a "buy" rating—implying roughly 49% upside—but the analyst consensus remains a "Hold" with an average target of $22.25.
• Hecla reported record Q1 free cash flow (~$144M), roughly $587–588M in cash and has redeemed its remaining senior notes to become effectively debt‑free and declared a small dividend, though Q1 EPS/revenue misses and recent insider/institutional selling present near‑term headwinds.

Hecla Mining (NYSE:HL - Get Free Report) had its target price reduced by investment analysts at HC Wainwright from $36.50 to $26.75 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the basic materials company's stock. HC Wainwright's target price would suggest a potential upside of 48.98% from the company's current price.

A number of other equities research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of Hecla Mining from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 29th. Zacks Research lowered shares of Hecla Mining from a "strong-buy" rating to a "hold" rating in a report on Friday, February 13th. Roth Mkm set a $13.00 price objective on shares of Hecla Mining in a report on Wednesday, February 18th. BMO Capital Markets raised their price objective on shares of Hecla Mining from $16.00 to $28.00 and gave the company a "market perform" rating in a report on Tuesday, January 27th. Finally, Canaccord Genuity Group upgraded shares of Hecla Mining from a "hold" rating to a "buy" rating and set a $24.00 price objective for the company in a report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $22.25.

Hecla Mining Price Performance

Shares of HL traded up $0.91 during mid-day trading on Wednesday, reaching $17.96. The company had a trading volume of 14,823,124 shares, compared to its average volume of 20,697,160. The company's 50 day simple moving average is $19.70 and its 200 day simple moving average is $19.35. Hecla Mining has a 1-year low of $4.68 and a 1-year high of $34.17. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.22 and a current ratio of 2.72. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 36.67 and a beta of 1.26.

Institutional Trading of Hecla Mining

Hedge funds have recently modified their holdings of the stock. Maryland State Retirement & Pension System bought a new stake in shares of Hecla Mining in the 3rd quarter valued at $1,150,000. Berman McAleer LLC bought a new stake in shares of Hecla Mining in the 3rd quarter valued at $593,000. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Hecla Mining in the 3rd quarter valued at $1,785,000. State of Alaska Department of Revenue bought a new stake in shares of Hecla Mining in the 3rd quarter valued at $4,345,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Hecla Mining by 38.0% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,524,912 shares of the basic materials company's stock valued at $284,651,000 after acquiring an additional 6,472,566 shares in the last quarter. Institutional investors own 63.01% of the company's stock.

More Hecla Mining News

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

• Positive Sentiment: Company-highlighted cash and balance-sheet strength — Hecla reported record quarterly free cash flow (~$144M), cash & equivalents around $587–588M and said it redeemed its remaining senior notes, leaving no long‑term debt; that net‑cash positioning is a major positive for valuation and risk profile. Hecla Mining jumps after Q1 results
• Positive Sentiment: Dividend announced — Hecla declared a small common‑stock dividend (~$0.00375–$0.0038 per share; record May 22, pay ~June 10). The payout is modest but signals management confidence in cash generation. Hecla Reports First Quarter 2026 Results
• Positive Sentiment: Analyst support — RBC Capital reaffirmed a Buy rating, which can underpin positive sentiment and buying interest from institutions following the corporate update. RBC reaffirms Buy
• Neutral Sentiment: Q1 operational release/supplemental materials — Company filed Q1 results and revised prior period items (Casa Berardi treated as discontinued); slide deck and press release provide detail for modeling but contain mixed signals. Q1 results press release
• Neutral Sentiment: Sustainability report released — 2025 ESG report published; relevant for ESG-focused holders but less likely to move price immediately. 2025 Sustainability Report
• Negative Sentiment: Earnings/revenue missed some estimates — Several outlets noted EPS and revenue fell short of consensus (EPS misses and some services flagged revenue/earnings surprises), which introduces near‑term uncertainty on operational momentum. Q1 earnings lag estimates
• Negative Sentiment: Insider and institutional selling flagged — Reports show multiple senior insiders sold shares recently and several large institutional holders trimmed positions in Q4; that can dampen sentiment despite the strong cash update. Insider & institutional activity

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.