Hecla Mining VP Patrick Malone Buys Shares Worth $312K
Hecla Mining's VP of Sustainability, Patrick Malone, purchased 19,548 shares in a $312,377 transaction.
Key Points
- Patrick Malone, Hecla Mining's VP of Sustainability, bought 19,548 shares valued at $312,377.04 on June 22, 2026.
- Hecla Mining, trading at $14.52 on Thursday, has a market cap of $10.72 billion and a P/E ratio of 23.2.
- Analysts like HC Wainwright & Co. maintain a 'buy' rating with a $26.75 target, while institutional peers adjust their positions.
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Hecla Mining Company's VP of Sustainability, Patrick Malone, bought 19,548 shares of the company on June 22, 2026. The transaction was valued at $312,377.04, with each share priced at $15.98. This insider purchase was not part of a pre-planned trading program.
Insider Buying and Selling at Hecla Mining Company
On the same day as Malone's purchase, other executives at Hecla Mining were active as well. Sr. VP & COO Carlos Roberto Aguiar Rodriguez bought 24,640 shares, while Sr. VP & CFO Russell Douglas Lawlar acquired 24,640 shares at zero cost and sold 79,437 shares at $15.98 each. President & CEO Robert Krcmarov also bought 66,708 shares at $15.98 per share.
Other Institutional Activity in Hecla Mining
Institutional investors have been adjusting their positions in Hecla Mining. BlackRock, Inc. increased its holdings by 3,014,446 shares, bringing its total to 90,272,790 shares valued at about $1.68 billion. State Street Corp also added 1,110,310 shares, ending with 33,386,594 shares worth approximately $621.99 million. In contrast, Van Eck Associates Corp reduced its stake by 3,943,575 shares, holding 33,120,490 shares valued at $617.04 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions 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 boasts a market cap of $10.72 billion and a P/E ratio of 23.2. The stock's 52-week range spans from $5.48 to $34.17, with a 50-day moving average of $17.71 and a 200-day moving average of $17.75. The company maintains a current ratio of 4.94 and a quick ratio of 4.38, alongside a debt-to-equity ratio of 11.09.
$HL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest quarter, Hecla Mining reported revenues of approximately $1.63 billion with a modest growth rate 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. Hecla is expected to release its next earnings report on August 5, 2026.
Analysts Set New Price Targets
Analysts have mixed views on Hecla Mining. On May 6, 2026, HC Wainwright & Co. maintained a 'buy' rating with a price target of $26.75. Canaccord Genuity upgraded its rating to 'buy' with a $24.00 target on April 29, 2026. The consensus among nine analysts suggests a mean target price of $25.53.
About Hecla Mining Company
Hecla Mining Company, based in Coeur d'Alene, Idaho, is a leading producer of precious and base metals. Established in 1891, the company operates in the United States, Canada, and several international markets, mining silver, gold, lead, and zinc. Hecla supplies these metals to custom smelters, metal traders, and processors. Led by CEO Robert L. Krcmarov, Hecla employs around 1,865 people.
Bottom Line
Hecla Mining's VP of Sustainability, Patrick Malone, made a significant insider purchase, underscoring confidence in the company's prospects. The stock remains a focal point for both institutional investors and analysts, with varied positions and ratings reflecting differing outlooks. As always, remember that insider trades and 13F filings are backward-looking and may not indicate current sentiment.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.