---
title: "A Look At Hecla Mining (HL) Valuation After Q1 Loss And Analyst Downgrades"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286786478.md"
description: "Hecla Mining (HL) reported a Q1 net loss, missing earnings expectations, leading to a 9.3% drop in share price. Analysts have downgraded the stock, contributing to a 14.7% decline over the past week. While the stock is currently priced at $17.64, some narratives suggest a fair value of $80 based on high silver and gold price assumptions. However, a DCF model estimates a lower fair value of $13.57, indicating the stock may be overvalued. Investors are advised to assess risks and opportunities carefully."
datetime: "2026-05-18T14:19:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286786478.md)
  - [en](https://longbridge.com/en/news/286786478.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286786478.md)
---

# A Look At Hecla Mining (HL) Valuation After Q1 Loss And Analyst Downgrades

Hecla Mining (HL) has moved back into the spotlight after first quarter results showed a return to net loss, missing earnings expectations and triggering analyst revisions alongside a pullback in the stock.

See our latest analysis for Hecla Mining.

The 1-day share price return of Hecla Mining fell 9.3% after the Q1 loss and analyst revisions, contributing to a 7-day share price decline of 14.7% and a softer 90-day trend. However, the 1-year total shareholder return remains very large, indicating that earlier strong gains are now meeting fading near term momentum and a reassessment of risk around profitability and valuation.

If you are looking beyond Hecla to see how other miners are trading around earnings and commodity moves, this is a useful moment to scan 9 top silver producer stocks

With Hecla now debt free, reporting higher silver output but also a fresh quarterly loss and a pullback from the low $20s to the high $17s, is this reset giving you a genuine entry point, or is the stock already pricing in future growth?

## Most Popular Narrative: 78% Undervalued

Hecla Mining last closed at $17.64, while the most followed narrative on the stock, according to RockeTeller, points to a fair value of $80 built on aggressive precious metal price assumptions and strong free cash flow.

> _If silver reaches $100/oz and gold reaches $4,000/oz, Hecla Mining’s estimated stock price could be approximately $80/share. This assumes continued strong production and successful project development._

_Read the complete narrative._

Curious how an $80 fair value is constructed from Hecla’s current footprint? The narrative leans heavily on robust free cash flow, rich metal pricing, and a premium earnings multiple that many investors usually associate with much faster growing sectors.

**Result: Fair Value of $80 (UNDERVALUED)**

Have a read of the narrative in full and understand what's behind the forecasts.

However, this upbeat scenario still relies on very high silver and gold price assumptions and a rich 20x FCF multiple, which could both prove unrealistic.

Find out about the key risks to this Hecla Mining narrative.

## Another View: Cash Flow Model Flips The Story

That bold $80 narrative clashes with our DCF model, which estimates future cash flow value at $13.57 per share, below the current $17.64 price. On this view Hecla screens as overvalued rather than 78% undervalued. Which story feels closer to the risk you are willing to take?

Look into how the SWS DCF model arrives at its fair value.

HL Discounted Cash Flow as at May 2026

Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Hecla Mining for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 51 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity.

## Next Steps

If the mix of optimism and caution in this story feels familiar, take it as your signal to act quickly and test the numbers yourself using 2 key rewards

## Looking for more investment ideas?

You have already done the hard work on Hecla, so do not miss the chance to broaden your watchlist with fresh, data backed stock ideas today.

-   Target potential mispriced opportunities by scanning 51 high quality undervalued stocks that combine quality fundamentals with appealing valuations.
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_This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._

### Valuation is complex, but we're here to simplify it.

Discover if Hecla Mining might be undervalued or overvalued with our detailed analysis, featuring **fair value estimates, potential risks, dividends, insider trades, and its financial condition.**

Access Free Analysis

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## Related News & Research

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