Kurt Allen Buys Shares of Hecla Mining Company
Hecla Mining's VP of Exploration, Kurt Allen, acquired 19,548 shares.
Key Points
- Kurt Allen, VP of Exploration at Hecla Mining, purchased 19,548 shares on June 22, 2026.
- Hecla Mining shares traded at $14.52 on Thursday with a market cap of $10.72 billion and a P/E ratio of 23.2.
- BlackRock and State Street increased their holdings in Hecla, while Van Eck Associates reduced its stake.
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Kurt Allen, Vice President of Exploration at Hecla Mining Company, bought 19,548 shares of the company on June 22, 2026. This insider transaction did not involve a planned purchase under Rule 10b5-1. The shares were acquired at a price of $0.00, which suggests they may have been part of a grant or similar arrangement.
Other Institutional Activity in Hecla Mining Company
Several major funds adjusted their positions in Hecla Mining recently. BlackRock, Inc. added 3,014,446 shares, bringing its total to 90,272,790 shares valued at approximately $1.68 billion, a 3.5% increase. State Street Corp also boosted its holdings by 1,110,310 shares to a total of 33,386,594 shares worth $621.99 million, marking a 3.4% increase. On the other hand, Van Eck Associates Corp reduced its stake by 3,943,575 shares, ending with 33,120,490 shares valued at $617.04 million, reflecting a 10.6% decrease. New positions were opened by Vanguard Portfolio Management LLC and Vanguard Capital Management LLC, with 31,608,659 and 28,924,998 shares respectively.
Hecla Mining Company Stock Down 28.8%
Shares of NYSE:HL traded near $14.52 on Thursday. Hecla Mining Company boasts a market capitalization of approximately $10.72 billion. The stock has a P/E ratio of 23.2 and a forward P/E of 13.4, indicating expectations of future earnings growth. The company has a beta of 1.269, suggesting it is somewhat more volatile than the market. Over the past 52 weeks, the stock has ranged from $5.48 to $34.17, with a 50-day moving average of $17.71 and a 200-day moving average of $17.75. Hecla maintains a solid financial position with a current ratio of 4.94 and a quick ratio of 4.38.
$HL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its most recent financial results, Hecla Mining reported revenue of $1.63 billion, showing slight growth with a revenue increase of 0.4%. The company achieved a net margin of 16.8% and a return on equity of 19.9%. Earnings per share stood at $0.69. Investors can look forward to the next earnings report scheduled for August 5, 2026.
Dividend
Hecla Mining Company pays an annual dividend rate of $0.02, yielding 0.09% based on current share prices. The dividend payout ratio is a modest 2.17%, indicating the company retains most of its earnings for growth or other purposes.
Insider Buying and Selling at Hecla Mining Company
On June 22, 2026, several insider transactions occurred at Hecla Mining. Carlos Roberto Aguiar Rodriguez, Senior VP & COO, sold 21,659 shares at $15.98 but also purchased 24,640 shares at the same price. Robert Denis Brown, VP of Corporate Development, sold 27,043 shares at $15.98. Russell Douglas Lawlar, Senior VP & CFO, bought 24,640 shares and sold 79,437 shares on the same day. CEO Robert Krcmarov acquired 66,708 shares at $15.98.
Analysts Set New Price Targets
Analysts have been updating their views on Hecla Mining. On May 6, 2026, HC Wainwright & Co. maintained its buy rating with a price target of $26.75. Canaccord Genuity upgraded the stock to a buy with a target of $24.00 on April 29, 2026. CIBC maintained a hold rating with a price target of $32.00 on January 28, 2026. The consensus among analysts suggests a mean price target of $25.53, based on nine opinions.
About Hecla Mining Company
Hecla Mining Company is a key player in the basic materials sector, focusing on precious metals and mining. Headquartered in Coeur d'Alene, Idaho, the company operates in several countries, including the U.S., Canada, and China. Under the leadership of CEO Robert L. Krcmarov, Hecla employs approximately 1,865 people and specializes in silver, gold, lead, and zinc mining.
Bottom Line
Kurt Allen's recent share purchase highlights insider confidence in Hecla Mining Company. Investors often track insider transactions for potential signals about a company's prospects. While this news is noteworthy, it's important to remember that insider transactions are just one piece of the puzzle. Always consider the broader market context and company fundamentals when evaluating a stock.
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