RBC cuts target for Hecla Mining stock from USD 24.00 to USD 20.00

Published on 10/07/2026 at 06:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 333.85 million versus USD 368.75 million consensus. Hecla Mining stock costs EUR 15.19 on October 5, 2026.

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Hecla Mining Company (ISIN US4227041062) had a Lang & Schwarz prior close of EUR 15.19 on October 5, 2026. According to MarketScreener on September 16, 2026, RBC Capital cut its price target from USD 24.00 to USD 20.00 and retained an Outperform rating.

Quarterly revenue missed consensus

CEO.CA reported on August 4, 2026, that Hecla generated USD 333.85 million of revenue in the second quarter of 2026, below the USD 368.75 million consensus estimate cited by MarketBeat. The company reported USD 117.74 million of net income attributable to common stockholders and diluted earnings per share of USD 0.17 for the same period.

The comparison with the first quarter was weaker on revenue but stronger on operating cash generation. Revenue fell from USD 411.43 million in the first quarter of 2026 to USD 333.85 million in the second quarter, while operating cash flow was USD 174.92 million in the second quarter.

Silver output sets the operating tone

Hecla produced 4.21 million ounces of silver from continuing operations in the second quarter of 2026, an 8.00 percent increase from the prior quarter. Lucky Friday delivered a quarterly record of 1.53 million ounces, while Keno Hill produced 625,236 ounces.

The company revised its 2026 consolidated silver production outlook to 15.10 million to 16.10 million ounces. Greens Creek guidance rose to 8.00 million to 8.30 million ounces, while Keno Hill guidance fell to 2.20 million to 2.60 million ounces, making mine-level execution an important counterweight to the broader growth plan.

Prior close anchors the stock view

Hecla Mining stock had a prior close of EUR 15.19 at Lang & Schwarz on October 5, 2026. The structured quote for October 6, 2026 showed a USD 11.5 billion market capitalization, with a USD 11.81 to USD 34.17 52-week range on the NYSE.

For investors, the central tension is visible in the operating figures: quarterly silver production improved, but revenue declined from the prior quarter and the latest RBC target is below its earlier USD 24.00 level. Hecla remains a precious-metals producer focused on silver, gold, lead and zinc, with operations in the United States and Canada.

The further course of trading is shown by the continuously updated real-time quote of Hecla Mining stock.