Hecla Mining Co's stock fell 6.44% as it hit a 5-day low amid broader market declines, with the Nasdaq-100 down 2.19% and the S&P 500 down 1.27%.
The company announced the sale of its Casa Berardi gold mine subsidiary in Quebec for up to $593 million, which includes $160 million in cash and $112 million in equity. This strategic move aims to optimize its asset portfolio and focus on silver mining operations, enhancing financial flexibility and reducing debt. Despite a 4% drop in shares at the time of the announcement, there was a positive market reaction with a 7% increase in pre-market trading, indicating investor optimism about future growth.
This divestiture reflects Hecla's commitment to strengthening its balance sheet and focusing on core silver assets, which could lead to improved shareholder value in the long term.
Wall Street analysts forecast HL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HL is 15.42 USD with a low forecast of 12.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast HL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for HL is 15.42 USD with a low forecast of 12.00 USD and a high forecast of 19.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
3 Hold
1 Sell
Hold
Current: 27.190
Low
12.00
Averages
15.42
High
19.00
Current: 27.190
Low
12.00
Averages
15.42
High
19.00
BMO Capital
Kevin O'Halloran
Market Perform
maintain
$16 -> $28
2026-01-27
New
Reason
BMO Capital
Kevin O'Halloran
Price Target
$16 -> $28
AI Analysis
2026-01-27
New
maintain
Market Perform
Reason
BMO Capital analyst Kevin O'Halloran raised the firm's price target on Hecla Mining to $28 from $16 and keeps a Market Perform rating on the shares. The company announced Q4 production that was slightly below the firm's forecasts, although it also hit the top end of 2025 production guidance for both silver and gold, the analyst tells investors in a research note. Uncertainty surrounding the ramp up at Keno Hill and visibility on long-term growth keeps the firm at neutral, BMO added.
Roth Capital
Joe Reagor
Sell
maintain
$12 -> $16
2026-01-27
New
Reason
Roth Capital
Joe Reagor
Price Target
$12 -> $16
2026-01-27
New
maintain
Sell
Reason
Roth Capital analyst Joe Reagor raised the firm's price target on Hecla Mining to $16 from $12 but keeps a Sell rating on the shares. The firm is adjusting its model to reflect the company's Q4 production results, 2026 guidance, and the sale of the Casa Berardi Mine, along with higher precious metals prices, though it also notes that the stock is trading at a significant premium to historical multiples, the analyst tells investors in a research note.
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H.C. Wainwright
Heiko Ihle
Buy
maintain
2026-01-27
New
Reason
H.C. Wainwright
Heiko Ihle
Price Target
2026-01-27
New
maintain
Buy
Reason
H.C. Wainwright analyst Heiko Ihle raised the firm's price target on Hecla Mining to $36.50 from $16.50 and keeps a Buy rating on the shares after the company released its year-end production results. The firm cites the "significant" market demand for silver for the target bump. The new target better better reflects Hecla's "de-risked" balance sheet amid strong silver demand, the analyst tells investors in a research note.
Scotiabank
Eric Winmill
Sector Perform
maintain
$15 -> $25
2026-01-26
New
Reason
Scotiabank
Eric Winmill
Price Target
$15 -> $25
2026-01-26
New
maintain
Sector Perform
Reason
Scotiabank analyst Eric Winmill raised the firm's price target on Hecla Mining to $25 from $15 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for Gold & Precious Minerals stocks under its coverage, the analyst tells investors. The firm has increased both gold and silver forecasts, supported by economic and geopolitical uncertainty as well as strong central bank buying.
About HL
Hecla Mining Company is a silver producer in the United States and Canada. The Company discovers, acquires and develops mines and other mineral interests and produces and markets concentrates containing silver, gold, lead, zinc and copper; carbon material containing silver and gold, and unrefined dore containing silver and gold. The Company's segments include Greens Creek, Lucky Friday, Keno Hill and Casa Berardi. The Greens Creek operation is located on Admiralty Island, near Juneau, Alaska. The Greens Creek ore body contains silver, zinc, gold and lead. The Lucky Friday mine is a deep underground silver, lead, and zinc mine located in the Coeur d’Alene Mining District in northern Idaho. The Casa Berardi mine is an underground/open-pit gold mine located in western Quebec. It owns 100% of the Keno Hill Silver Project, which is located within the Keno Hill Silver District in Canada’s Yukon Territory. The Company also owns a number of exploration and pre-development projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
