Hecla Mining Company discovers, acquires, develops, produces, and markets precious and base metal deposits in the U.S. and Canada. The company was founded in 1891 and is based in Coeur d'Alene, Idaho.
HL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Hecla Mining Co. To summarize, we found that Hecla Mining Co ranked in the 36th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 40.5%. The most interesting components of our discounted cash flow analysis for Hecla Mining Co ended up being:
Hecla Mining Co's weighted average cost of capital (WACC) is 10%; for context, that number is higher than 72.38% of tickers in our DCF set.
Hecla Mining Co's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 73.06% of stocks in its sector (Basic Materials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GGB, MEOH, USLM, HNRG, and PPG can be thought of as valuation peers to HL, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Hecla Mining (HL) raises the expected minimum quarterly dividend 50% to an annualized 0.015/share and lowers the silver-linked dividend threshold price.Assuming average realized silver price of $25 per ounce for quarter will result in an annualized dividend of $0.02/share.See HL Dividend Scorecard, Yield Chart, & Dividend Growth....
Hecla Mining (HL) +2.5% pre-market after increasing its quarterly dividend by 50% and lowering the realized price threshold for the silver linked dividend.After maintaining its minimum quarterly dividend at an annualized $0.01/share in addition to a silver-linked dividend since 2012, Hecla says it is raising the expected minimum quarterly dividend to...
Shares of gold miners were broadly higher Monday, boosted by the continued run up in gold prices to record highs. The VanEck Vectors Gold Miners ETF jumped 4.5% in midday trading, putting it on track for the highest close since January 2013, as all 55 components gained ground. Among the more-active U.S.-listed components, shares of Harmony Gold Mining Co. rose 1.7%, Hecla Mining Co. climbed 4.4%, Gold Fields Ltd. hiked up 8.2%, Coeur Mining Inc. ran up 8.1% and Newmont Corp. rallied 3.0%. Gold futures rose 1.9% to $1,934.10 an ounce, as investors flocked to the save-haven metal amid fears over how the COVID-19 pandemic will hurt the global economy and a weak U.S. dollar. Meanwhile, the S&P 500 gained 0.5%.