Hecla Mining (HL) valuation
Hecla Mining P/E ratio history
Hecla Mining trades at 27.6 times its earnings over the last twelve months and 16.3 times the earnings analysts expect over the next twelve. At its last 4 fiscal year ends its P/E ranged from 32.8 (year to Dec 2016) to 87.0 (year to Dec 2021), with a median of 60.5.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $19.19 | $0.49 | 39.2 | 31.1 |
| Dec 31, 2024 | $4.91 | $0.06 | 81.8 | — |
| Dec 31, 2023 | $4.81 | -$0.14 | n/m | — |
| Dec 31, 2022 | $5.56 | -$0.07 | n/m | — |
| Dec 31, 2021 | $5.22 | $0.06 | 87.0 | 30.7 |
| Dec 31, 2020 | $6.48 | -$0.02 | n/m | — |
| Dec 31, 2019 | $3.39 | -$0.19 | n/m | — |
| Dec 31, 2018 | $2.36 | -$0.06 | n/m | — |
| Dec 31, 2017 | $3.97 | -$0.07 | n/m | — |
| Dec 31, 2016 | $5.24 | $0.16 | 32.8 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Hecla Mining valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Hecla MiningHL | $9.07B | 27.6 | 16.3 | 5.7 |
| Franco-NevadaFNV | $43.4B | 29.4 | 26.7 | 18.7 |
| Wheaton Precious MetalsWPM | $52.9B | 25.9 | 24.6 | 16.7 |
| GoldGOLD | $1.08B | 12.6 | 10.2 | 0.0 |
| McEwen MiningMUX | $838M | 12.0 | 6.1 | 3.4 |
| NewmontNEM | $112B | 12.4 | 10.9 | 4.2 |
| Zijin Mining GroupZIJMY | — | — | — | — |
| Peer median | 12.6 | 10.9 | 4.2 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: HL financials · HL returns
No forecast, no recommendation. This page describes Hecla Mining from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.