Should You Buy Hecla Mining Co (HL) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/29
Buy HL now for a beginner long-term investor. The longer-term trend is still bullish (moving averages stacked positively), fundamentals recently accelerated, and the company is actively improving its balance sheet and sharpening its focus on silver. The stock is volatile and recently pulled back, but with silver demand/price momentum and multiple upward price-target revisions, HL is attractive as a long-term silver-levered holding at today’s price (~27.3).
Technical Analysis
Trend/structure: Bullish bias remains intact with SMA_5 > SMA_20 > SMA_200 (classic uptrend structure), suggesting pullbacks are more likely to be corrective than trend-breaking unless key support fails.
Momentum: MACD histogram is positive (0.172) but contracting, implying upside momentum is slowing after a strong run; RSI(6) ~47 is neutral, consistent with consolidation rather than an overbought unwind.
Levels: Price (27.3) is below the pivot (28.509), which makes 28.5 a near-term overhead hurdle. Support levels to watch are S1 ~24.33 then S2 ~21.748; resistance is R1 ~32.687.
Pattern-based short-term odds (model): Slightly negative/flat near-term skew (next day -1.03% expected on similar patterns), but flat-to-positive over week/month (+0.52% / +0.33%), aligning with a consolidating uptrend.
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Analyst Ratings and Price Target Trends
Recent trend: Price targets have been raised sharply across the Street in late Jan 2026 (e.g., BMO to $28 from $16, Scotiabank to $25 from $15, Canaccord PT to $26.5 from $16 but downgraded to Hold, H.C. Wainwright to $36.5 from $16.5). Despite higher targets, several firms remain Neutral/Hold (Market Perform/Sector Perform/Hold), with one notable Sell (Roth) arguing the stock trades at a premium to historical multiples.
Wall Street ‘pros’ view: Balance-sheet de-risking (Casa Berardi sale), strong silver demand/price tailwinds, and improved financial performance.
Wall Street ‘cons’ view: Valuation after a big run, questions about sustained growth/production profile (silver flat, gold declining), and ramp-up/visibility risks.
Influential/politician trading: Hedge funds and insiders are neutral with no significant recent trends; no recent Congress trading data available.
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 USD and a high forecast of 19 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.
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 USD and a high forecast of 19 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.
Current: 28.310
Current: 28.310
