Hecla Mining Company
Price History
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About Hecla Mining Company
Hecla Mining Company (HL) is a silver mining company. Our project database tracks 16 projects for Hecla Mining Company with technical and economic data extracted from company filings. Its flagship Lucky Friday Mine (Feasibility) carries an after-tax NPV of $554M over a 17-year mine life.
Overview
Hecla Mining Company is the largest and oldest primary silver producer in the United States with a 132-year history of responsible mining. The company operates high-grade underground silver and gold mines in Idaho and Alaska, along with exploration and pre-development properties across North America. Hecla is committed to environmental stewardship and operating in its historic mining districts.
Operations
Hecla operates the Greens Creek mine in Alaska (one of the world's largest and lowest-cost primary silver mines), Lucky Friday mine in Idaho (one of the highest-grade silver mines globally), Casa Berardi gold mine in Quebec, and Keno Hill silver district in Yukon. The company produces approximately 14 million ounces of silver and 180,000 ounces of gold annually.
Strategy
The company's strategy emphasizes safe operations in its long-life, high-grade assets, exploration near existing mines to extend reserve life and discover new deposits, maintaining financial strength to navigate metal price cycles, and leveraging its deep technical expertise in underground mining. Hecla focuses on North American jurisdictions with supportive regulatory frameworks.
Key Projects
Major projects include the Rock Creek development project in Montana (pending final permits), continued exploration at Greens Creek targeting mine life extension beyond 2030, Lucky Friday shaft rehabilitation and expansion, and exploration across the company's extensive land package in the Silver Valley of Idaho and at other historic mining districts.
Primary Commodities
Project Economics
Fire Creek
- Mineral Resources
- M&I: 186k tons at 0.85 oz/ton Ag, 0.380 oz/ton Au; 158 koz Ag, 71 koz Au
Hollister
- Mineral Resources
- M&I: 95k tons at 2.38 oz/ton Ag, 0.547 oz/ton Au; 227 koz Ag, 52 koz Au
Midas
- Mineral Resources
- M&I: 100k tons at 5.34 oz/ton Ag, 0.394 oz/ton Au; 536 koz Ag, 40 koz Au
Rackla - Osiris
- Mineral Resources
- M&I: Open pit 4,843k tons at 0.119 oz/ton Au (577 koz Au); Underground 927k tons at 0.133 oz/ton Au (123 koz Au). Total M&I: 700 koz Au
Rackla - Tiger
- Mineral Resources
- M&I: Open pit 3,997k tons at 0.097 oz/ton Au (386 koz Au); Underground 992k tons at 0.079 oz/ton Au (78 koz Au). Total M&I: 464 koz Au
Star
- Mineral Resources
- M&I: 375k tons at 4.65 oz/ton Ag, 9.9% Pb, 10.5% Zn; 1,744 koz Ag
Casa Berardi Mine
- Mineral Reserves
- 14.4 Mt grading 2.75 g/t Au containing 1.27 Moz Au (Proven & Probable, Dec 31, 2023)
- Mineral Resources
- M&I: 4.11 Mt at 6.39 g/t Au for 0.84 Moz Au; Inferred: 2.09 Mt at 5.89 g/t Au for 0.40 Moz Au (Dec 31, 2023)
- Royalties / Streams
- No NSR or royalty to a third party / previous landowner on current production zones or 2024 LOM
Keno Hill Mine
- Mineral Reserves
- 1.88 Mt at 912 g/t Ag, 2.81% Pb, 2.53% Zn, 0.22 g/t Au (Probable Mineral Reserves)
Bellekeno
- Mineral Reserves
- Probable: 12,809 t at 936 g/t Ag, 13% Pb, 7.3% Zn (historic, Alexco 2022a - NI 43-101, not S-K 1300)
- Mineral Resources
- Indicated: nil (depleted); Inferred: 372,000 t at 229 g/t Ag, 0.75% Pb, 3.98% Zn, containing 2,735,000 oz Ag
Bermingham
- Mineral Reserves
- Probable: 1,318,748 t at 961 g/t Ag, 2.85% Pb, 1.51% Zn, 0.15 g/t Au; containing 40,732,370 oz Ag
- Mineral Resources
- Indicated: 1,421,000 t at 322 g/t Ag, 0.92% Pb, 0.81% Zn, 0.06 g/t Au, containing 14,716,000 oz Ag; Inferred: 1,571,000 t at 495 g/t Ag, 1.42% Pb, 0.77% Zn, 0.10 g/t Au, containing 24,991,000 oz Ag
Flame and Moth
- Mineral Reserves
- Probable: 455,244 t at 764 g/t Ag, 2.86% Pb, 5.83% Zn, 0.48 g/t Au; containing 11,184,405 oz Ag
- Mineral Resources
- Indicated: 1,629,000 t at 256 g/t Ag, 0.87% Pb, 3.37% Zn, 0.21 g/t Au, containing 13,389,000 oz Ag; Inferred: 184,000 t at 207 g/t Ag, 0.32% Pb, 3.04% Zn, 0.15 g/t Au, containing 1,220,000 oz Ag
Greens Creek Mine
- Mineral Reserves
- 11.08 Mst grading 11.3 oz/ton Ag, 0.085 oz/ton Au, 2.6% Pb, and 6.5% Zn containing 125.2 Moz Ag, 0.946 Moz Au, 282,000 tons Pb and 726,000 tons Zn at NSR cut-off of $215/ton
- Mineral Resources
- Indicated: 8.36 Mst at 12.8 oz/ton Ag, 0.10 oz/ton Au, 3.0% Pb, 8.4% Zn; Inferred: 2.15 Mst at 12.8 oz/ton Ag, 0.08 oz/ton Au, 2.8% Pb, 6.8% Zn
Lucky Friday Mine
- Mineral Reserves
- Proven & Probable: 5.46 Mst grading 13.7 oz/ton Ag, 8.3% Pb, 3.3% Zn, containing 74.7 Moz Ag, 452,000 tons Pb, 181,000 tons Zn at NSR cut-off US$208/ton
- Mineral Resources
- Measured & Indicated: ~10.50 Mst at ~7.6 oz/ton Ag, 4.9% Pb, 2.5% Zn. Inferred: ~5.38 Mst at ~7.8 oz/ton Ag, 5.8% Pb, 2.4% Zn (exclusive of Mineral Reserves)
- Royalties / Streams
- Current production zones in the LOM are not subject to any royalty to a third party/previous landowner. No royalties payable.
Lucky Friday Mine - Production (2021)
Lucky Queen
- Mineral Reserves
- Probable: 103,365 t at 948 g/t Ag, 2.03% Pb, 1.06% Zn, 0.09 g/t Au; containing 3,151,253 oz Ag
- Mineral Resources
- Indicated: 135,000 t at 340 g/t Ag, 0.72% Pb, 0.70% Zn, 0.07 g/t Au, containing 1,472,000 oz Ag; Inferred: 212,000 t at 312 g/t Ag, 0.74% Pb, 0.58% Zn, 0.05 g/t Au, containing 2,123,000 oz Ag
Onek
- Mineral Resources
- Indicated: 901,000 t at 150 g/t Ag, 1.00% Pb, 8.38% Zn, 0.41 g/t Au, containing 4,349,000 oz Ag; Inferred: 234,000 t at 96 g/t Ag, 0.74% Pb, 5.68% Zn, 0.28 g/t Au, containing 721,000 oz Ag
Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.
How the Economics Evolved
Lucky Friday Mine
24 studies on recordCasa Berardi Mine
47 studies on recordEconomics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.
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Financial Metrics
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Frequently Asked Questions
- What does Hecla Mining Company mine?
- Hecla Mining Company is focused on Silver, Gold, Lead, Zinc.
- What is the economic value of Hecla Mining Company's Lucky Friday Mine?
- According to its Feasibility, Lucky Friday Mine has an after-tax NPV of $554M.
- How many projects does Hecla Mining Company have?
- We track 16 projects with extracted technical and economic data for Hecla Mining Company.
Project Analysis
Lucky Friday Mine Feasibility Study: $554M NPV Over a 17-Year Mine Life
Hecla Mining Company's Lucky Friday Mine in Shoshone County, Idaho, USA has a Feasibility Study outlining an after-tax NPV of $554M. The proposed mine plan runs 17 years.
Casa Berardi Mine Feasibility Study: $356M NPV Over a 14-Year Mine Life
Hecla Mining Company's Casa Berardi Mine in Northwestern Québec, Canada (James Bay Municipality) has a Feasibility Study outlining an after-tax NPV of $356M. The proposed mine plan runs 14 years.
Press Releases
Why Is Hecla Mining (HL) Down 8.2% Since Last Earnings Report?
Hecla Mining (HL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Hecla Mining (HL) Valuation Check After Recent Share Price Weakness And Mixed Earnings Multiple Signals
Hecla Mining (HL) has been drawing attention after recent trading left the stock down about 3% over the past month and roughly 19% over the past 3 months, prompting fresh questions about its valuation. See our latest analysis for Hecla Mining. At a share price of $17.54, Hecla’s recent moves tell a mixed story, with the stock up over the past week but seeing share price returns weaken over the past quarter, even as multi year total shareholder returns remain very large. If you are watching...
Is It Time To Reassess Hecla Mining (HL) After Its 212% One Year Surge?
To decide whether Hecla Mining stock still offers value at around US$17.54, you first need to understand what the current price implies about the company and how that compares with its fundamentals. Over the last week the share price is up 3.3%, even though the stock is down 2.9% over the past month and down 7.0% year to date, while the 1 year return sits at 211.9% and the 3 year and 5 year returns are 230.8% and 97.6% respectively. This mix of shorter term weakness and very strong longer...
CDE vs. HL: Which Mining Stock Has More Upside Right Now?
Coeur Mining and Hecla Mining are capitalizing on strong gold and silver markets by increasing production, advancing expansion projects and improving cash flow in 2026.
Hecla Mining Tightens Silver Focus With Debt Freedom And Exploration Push
Hecla Mining (NYSE:HL) has sharpened its focus on silver production after selling the Casa Berardi mine. The company has moved to a debt free balance sheet following the redemption of its senior notes. Management has outlined organic growth plans, including a near doubling of exploration spending for 2026. For investors following precious metals, Hecla Mining sits squarely in the silver producer camp, and the recent move away from Casa Berardi further concentrates that profile. The...
H.C. Wainwright Maintains Buy Rating on Hecla Mining (HL)
Hecla Mining Company (NYSE:HL) is one of the 8 Best American Mining Stocks to Buy Right Now. On May 6, 2026, H.C. Wainwright lowered the firm’s price target on Hecla Mining Company (NYSE:HL) to $26.75 from $36.50 while maintaining a Buy rating on the shares following the company’s Q1 results. The firm said the reduced […]
Stocks Settle Higher on Strong Earnings
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
Stocks Supported by Strong Earnings and AI Optimism
The S&P 500 Index ($SPX ) (SPY ) today is up +0.25%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.29%, and June E-mini Nasdaq futures...
Hecla Mining Q1 Earnings Call Highlights
Hecla Mining (NYSE:HL) said it entered the second quarter of 2026 with no long-term debt, record quarterly cash generation and a portfolio increasingly focused on silver assets in the United States and Canada, following the sale of its Casa Berardi operation at the end of March. On the company’s fi
Hecla Mining (HL) Valuation Check After Record Free Cash Flow And Shift To A Debt Free Balance Sheet
Hecla Mining (HL) is back in focus after a quarter that combined record free cash flow, a shift to a debt free balance sheet, and higher silver production, alongside dividends for both common and preferred shareholders. See our latest analysis for Hecla Mining. Those record free cash flows and the move to a debt free balance sheet come after a sharp reset in recent weeks, with a 30 day share price return of a 6.62% decline and a 90 day share price return of a 20.64% decline, even as the 1...
Quick Facts
- Ticker Symbol
- HL
- Market Cap
- Mid Cap
- Category
- Silver
- Commodities
- Silver, Gold, Lead, Zinc
- Headquarters
- Coeur d'Alene, Idaho, USA
- Founded
- 1891
- Employees
- ~2,300
Operating Countries
Producing Assets
- •Greens Creek (USA)
- •Lucky Friday (USA)
- •Casa Berardi (Canada)
- •Keno Hill (Canada)
Development Assets
- •Rock Creek (USA)
- •Montanore (USA)
This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.