HL
Hecla Mining Company Basic Materials - Other Precious Metals & Mining Investor Relations →
Hecla Mining Company (HL) closed at $15.96 as of 2026-06-19, trading 102.8% above its 200-week moving average of $7.87. The stock moved further from the line this week, up from 95.7% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Trading volume is running at 1.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.03 ratio) is neutral — neither side is clearly dominating.
Over the past 2365 weeks of data, HL has crossed below its 200-week moving average 50 times. On average, these episodes lasted 28 weeks. Historically, investors who bought HL at the start of these episodes saw an average one-year return of +18.5%.
With a market cap of $10.7 billion, HL is a large-cap stock. The company generates a free cash flow yield of 2.6%. Return on equity stands at 19.9%, a solid level. The stock trades at 4.2x book value.
Share count has increased 11.8% over three years, indicating dilution. HL passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.5 years, a hypothetical investment of $100 in HL would have grown to $212, compared to $3097 for the S&P 500. HL has returned 2.3% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: HL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HL Crosses Below the Line?
Across 36 historical episodes, buying HL when it crossed below its 200-week moving average produced an average return of +35.2% after 12 months (median +12.0%), compared to +16.4% for the S&P 500 over the same periods. 56% of those episodes were profitable after one year. After 24 months, the average return was +16.5% vs +36.4% for the index.
Each line shows $100 invested at the moment HL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices HL would reach each dislocation threshold.
Dislocation Price Levels
Prices where HL's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-08-05.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $15.70 | Unusually cheap — potential buy zone |
| Value | +1σ | $17.46 | Cheap vs. own history |
| Fair Value | +0σ | $19.65 | Historical mean behavior |
| Expensive | -1σ | $22.48 | Expensive vs. own history |
| Deep Expensive | -2σ | $26.25 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from HL's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
HL has crossed below its 200-week MA 50 times with an average 1-year return of +18.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1981 | Mar 1981 | 3 | 8.8% | -54.4% | -18.0% |
| Apr 1981 | Dec 1982 | 89 | 63.3% | -60.3% | -24.8% |
| Oct 1983 | Nov 1983 | 4 | 7.3% | +0.7% | +6.1% |
| Feb 1984 | Feb 1984 | 1 | 0.5% | -13.9% | -1.3% |
| Jun 1984 | Oct 1984 | 19 | 20.1% | +2.9% | +6.9% |
| Nov 1984 | Mar 1985 | 16 | 18.0% | +0.4% | +11.0% |
| Jun 1985 | Jul 1985 | 3 | 4.8% | -36.9% | +10.4% |
| Sep 1985 | Mar 1987 | 80 | 47.7% | -19.4% | +12.7% |
| Oct 1987 | May 1988 | 32 | 24.7% | -3.0% | +18.5% |
| Jun 1988 | Jul 1988 | 2 | 1.9% | -15.1% | +17.1% |
| Aug 1988 | Sep 1989 | 58 | 19.5% | -8.4% | +18.1% |
| Oct 1989 | Oct 1989 | 4 | 8.2% | -30.0% | +27.7% |
| Dec 1989 | Jan 1990 | 1 | 1.0% | -41.6% | +23.9% |
| Mar 1990 | Apr 1993 | 160 | 52.0% | -34.1% | +22.8% |
| Sep 1993 | Oct 1993 | 4 | 7.4% | +25.3% | +74.4% |
| Nov 1993 | Nov 1993 | 1 | 0.7% | -1.2% | +66.0% |
| May 1994 | May 1994 | 1 | 1.9% | +2.5% | +70.1% |
| Jul 1994 | Aug 1994 | 7 | 7.6% | +4.9% | +70.1% |
| Nov 1994 | Mar 1995 | 19 | 15.6% | -27.5% | +72.2% |
| Apr 1995 | Apr 1995 | 1 | 1.7% | -27.4% | +64.0% |
| May 1995 | Jun 1995 | 4 | 2.7% | -24.1% | +66.0% |
| Jun 1995 | Aug 1995 | 7 | 5.1% | -32.5% | +66.0% |
| Oct 1995 | Apr 2002 | 337 | 86.3% | -39.2% | +74.4% |
| May 2005 | Jun 2005 | 4 | 11.3% | +34.8% | +325.2% |
| Jun 2005 | Jan 2006 | 31 | 37.0% | +2.8% | +274.3% |
| Feb 2006 | Feb 2006 | 1 | 6.9% | +52.4% | +259.5% |
| Mar 2006 | Mar 2006 | 2 | 1.5% | +60.2% | +237.6% |
| May 2006 | Jul 2006 | 10 | 15.0% | +78.9% | +263.3% |
| Sep 2006 | Oct 2006 | 4 | 4.5% | +50.6% | +224.9% |
| Aug 2008 | Aug 2008 | 1 | 3.9% | -49.8% | +160.9% |
| Sep 2008 | Nov 2009 | 65 | 80.4% | -44.2% | +178.6% |
| Dec 2009 | Sep 2010 | 41 | 28.6% | +67.7% | +172.5% |
| Sep 2011 | Oct 2011 | 5 | 15.6% | +21.4% | +202.6% |
| Nov 2011 | Sep 2012 | 42 | 29.7% | -7.0% | +188.4% |
| Nov 2012 | Nov 2012 | 1 | 3.0% | -42.7% | +210.1% |
| Dec 2012 | Dec 2012 | 4 | 2.1% | -50.4% | +198.6% |
| Jan 2013 | Apr 2016 | 170 | 55.6% | -42.5% | +195.4% |
| Nov 2017 | Dec 2017 | 2 | 7.0% | -35.8% | +346.8% |
| Jan 2018 | Apr 2018 | 13 | 9.8% | -26.0% | +364.3% |
| May 2018 | Jul 2020 | 110 | 66.0% | -64.5% | +347.3% |
| Jun 2022 | Jul 2022 | 4 | 12.6% | +29.2% | +305.4% |
| Aug 2022 | Oct 2022 | 9 | 14.6% | +13.2% | +299.4% |
| Aug 2023 | Apr 2024 | 34 | 31.7% | +5.6% | +236.8% |
| Apr 2024 | May 2024 | 2 | 11.0% | +15.2% | +215.0% |
| Jun 2024 | Jul 2024 | 4 | 8.9% | +16.3% | +209.2% |
| Jul 2024 | Aug 2024 | 2 | 7.4% | +15.9% | +225.5% |
| Dec 2024 | Jan 2025 | 4 | 6.5% | +291.2% | +217.5% |
| Feb 2025 | Mar 2025 | 2 | 3.7% | +361.2% | +206.6% |
| Mar 2025 | Apr 2025 | 1 | 10.3% | +307.1% | +238.8% |
| Apr 2025 | Jun 2025 | 5 | 12.9% | +298.5% | +252.3% |
| Average | 28 | — | +18.5% | — |
Frequently Asked Questions
Is HL below its 200-week moving average?
No. Hecla Mining Company (HL) is currently 102.8% above its 200-week moving average of $7.87. It would need to fall to $7.87 to cross below the line.
What is HL's 200-week moving average price?
Hecla Mining Company's 200-week moving average is $7.87 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HL drops below its 200-week moving average?
HL has crossed below its 200-week moving average 50 times in our data. On average, buying at that moment produced a one-year return of +18.5%. These dips have historically been decent entry points. These episodes lasted 28 weeks on average.
Is HL a good value right now?
Here's what our data says about HL as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 36. Free cash flow yield is 2.6%. Return on equity is 19.9%. Price-to-book is 4.2x. This is not a buy or sell recommendation — always do your own research.
How does HL compare to the S&P 500?
Over the past 33.5 years, $100 invested in HL would have grown to $212, compared to $3097 for the S&P 500. That's 2.3% annualized vs 10.8% for the index. HL has underperformed the broader market over this period.
Does HL pay a dividend?
Yes. Hecla Mining Company currently pays a dividend yield of 9.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19