Hecla Mining Stock To $15?
Hecla Mining (HL) stock has fallen by 15.1% in less than a month, from $24.91 on 27th Feb, 2026 to $21.15 now. What comes next? We think that the stock could fall even more. The current correction, when put in context of stock’s Very High valuation, suggest possibility of further downside. A price of $15 is not out of question, especially considering that the stock has seen this level in the last 5 years. Read Buy or Sell Hecla Mining Stock to see how we arrive at this opinion.
So should you wait before buying this dip? Perhaps. There is no perfect way to time the dips. Nevertheless, here is another perspective on HL stock to help you make the decision. Historically, the median return for the 12-month period following sharp dips was 7.7%, with median peak return reaching 39%. We define sharp dip as stock going down 20% or more, in less than 30 day period.
Below, we get into details of historical dips and subsequent returns.
Historical Median Returns Post Dips
- Better Value & Growth: DELL Leads Apple Stock
- Wheaton’s Pullback: Temporary Noise Or Real Opportunity?
- Get Paid 9.8% to Buy CRM at a 30% Discount – Here’s How
- The Credibility Gap: Why Carvana’s Best Quarter In Years Led To Its Steepest Sell-Off
- Adobe Stock: Strong Cash Flow Poised for a Re-Rating?
- Microsoft Stock Pays Out $376 Bil – Investors Take Note
| Period | Past Median Return |
|---|---|
| 1M | -0.6% |
| 3M | 6.3% |
| 6M | -0.9% |
| 12M | 7.7% |
Historical Dip-Wise Details
HL had 36 events since 1/1/2010 where the dip threshold of -20% within 30 days was triggered
- 39% median peak return within 1 year of dip event
- 222 days is the median time to peak return after a dip event
- -27% median max drawdown within 1 year of dip event
| 30 Day Dip | HL Subsequent Performance | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | HL | SPY | 1Y | Peak Return |
Max Drop |
# Days to Peak |
||
| Median | 8% | 39% | -27% | 222 | ||||
| 3042026 | -23% | 1% | -3% | 1% | -6% | 6 | ||
| 5022025 | -22% | 1% | 367% | 602% | 0% | 266 | ||
| 12022024 | -26% | 3% | 194% | 225% | -16% | 365 | ||
| 1172024 | -21% | 3% | 34% | 87% | -17% | 279 | ||
| 8212023 | -23% | -0% | 51% | 54% | -18% | 330 | ||
| 5242023 | -20% | 1% | 7% | 19% | -36% | 362 | ||
| 3092023 | -20% | -2% | -16% | 35% | -34% | 35 | ||
| 9262022 | -24% | -14% | 10% | 98% | -2% | 199 | ||
| 7052022 | -23% | -2% | 41% | 93% | -4% | 282 | ||
| 4272022 | -21% | -2% | 16% | 32% | -34% | 351 | ||
| 12142021 | -21% | 1% | 16% | 51% | -28% | 120 | ||
| 7082021 | -21% | 3% | -47% | 5% | -47% | 279 | ||
| 9292020 | -20% | -1% | 8% | 84% | -10% | 246 | ||
| 3092020 | -29% | -17% | 168% | 229% | -28% | 352 | ||
| 5092019 | -27% | 3% | 51% | 95% | -29% | 273 | ||
| 4022019 | -24% | 3% | -24% | 55% | -43% | 310 | ||
| 10312018 | -21% | -7% | -2% | 22% | -47% | 70 | ||
| 8022018 | -22% | 2% | -32% | 4% | -58% | 7 | ||
| 11132017 | -23% | 2% | -43% | 15% | -43% | 59 | ||
| 3072017 | -24% | 5% | -22% | 23% | -30% | 76 | ||
| 12212016 | -26% | 6% | -25% | 27% | -34% | 47 | ||
| 9272016 | -21% | -1% | -9% | 29% | -17% | 43 | ||
| 1192016 | -23% | -8% | 300% | 377% | 0% | 295 | ||
| 11172015 | -20% | 4% | 235% | 296% | -17% | 358 | ||
| 7012015 | -23% | -2% | 110% | 110% | -38% | 365 | ||
| 9302014 | -25% | 0% | -20% | 41% | -27% | 114 | ||
| 10082013 | -21% | 0% | -16% | 19% | -22% | 133 | ||
| 7112013 | -22% | 2% | 17% | 30% | -10% | 43 | ||
| 3042013 | -28% | 3% | -15% | 8% | -34% | 8 | ||
| 5152012 | -21% | -6% | -14% | 84% | -18% | 135 | ||
| 4052012 | -21% | 3% | -9% | 61% | -16% | 175 | ||
| 12282011 | -23% | 0% | 17% | 37% | -25% | 274 | ||
| 9232011 | -23% | -3% | 19% | 21% | -34% | 364 | ||
| 6092011 | -21% | -5% | -39% | 12% | -50% | 39 | ||
| 1252011 | -21% | 4% | -40% | 28% | -45% | 31 | ||
| 1212010 | -20% | 1% | 68% | 113% | -15% | 342 | ||
Hecla Mining Passes Basic Financial Quality Checks
Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.
| Quality Metrics | Value | Quality Check |
|---|---|---|
| Revenue Growth (LTM) | 53.0% | Pass |
| Revenue Growth (3-Yr Avg) | 27.4% | Pass |
| Operating Cash Flow Margin (LTM) | 39.5% | Pass |
| Leverage (see below) | – | Pass |
| => Interest Coverage Ratio | 12.5 | |
| => Cash To Interest Expense Ratio | 7.2 |
Not sure if you can take a call on HL stock? Consider portfolio approach
Portfolios Are The Smarter Way To Invest
Individual stocks can soar or tank but one thing matters: staying invested. The right portfolio can help you stay invested, capture upside and mitigate the downside associated with any individual stock.
Beating the market consistently is hard, but the Trefis High Quality (HQ) Portfolio makes it look achievable. By selecting 30 high-conviction stocks, the HQ strategy has historically outpaced the S&P 500, S&P Mid-cap, and Russell 2000. See how this curated selection delivers superior risk-adjusted returns in our detailed performance factsheet.