CDE vs HL vs AG Stock Comparison

Coeur Mining, Hecla Mining and First Majestic Silver Prices as of Oct 27, 2026 Peers: Industry group
CDE Coeur Mining, Inc.
$14.21 -26.1% 1M -19.6% 1Y
Market cap
$14.62B
P/E
17.2x
Revenue (TTM)
$3.17B
Div. yield
0.14%
Silver Basic Materials
6 wins
HL Hecla Mining Co/De/
$14.62 -19.6% 1M +18.3% 1Y
Market cap
$9.82B
P/E
29.4x
Revenue (TTM)
$1.60B
Div. yield
0.03%
Silver Basic Materials
3 wins

Head to Head

12 decided of 12

Coeur Mining leads on 6 of the 12 questions below (Coeur Mining 6, Hecla Mining 3, First Majestic Silver 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCDEHLAGLeader
Larger companyMarket capitalisation $14.62B $9.82B $7.68B CDE
Cheaper on earningsLower P/E, profitable companies only 17.2x 29.4x 21.6x CDE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.2x 22.8x 19.3x CDE
Faster revenue growthRevenue growth, trailing twelve months +117.3% +74.4% +98.5% CDE
More profitableNet margin, trailing twelve months 26.8% 20.8% 21.2% CDE
Better return on capitalReturn on invested capital 5.9% 19.9% 12.0% HL
Less leveragedLower net debt / EBITDA -0.2x -0.5x -1.0x AG
Higher dividend yieldTrailing dividend yield 0.14% 0.03% 0.38% AG
Better 1-year returnPrice return, last 12 months -19.6% +18.3% +25.6% AG
Better 5-year returnAnnualised price return, 5 years +18.1%/yr +19.1%/yr +3.5%/yr HL
Less volatileAnnualised volatility, 1 year 72.1% 71.1% 73.8% HL
Higher overall scoreMean of the five percentile scores vs peers 76/100 74/100 76/100 CDE

Percentile Scorecard

CDEHLAG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCDEHLAG
Valuation 79 #35 of 162 60 #66 of 162 75 #41 of 162
Growth 99 #3 of 147 98 #4 of 147 99 #2 of 147
Profitability 75 #31 of 122 93 #10 of 122 84 #20 of 122
Financial Health 72 #47 of 164 88 #21 of 164 69 #52 of 164
Shareholder Returns 58 #46 of 107 33 #72 of 107 50 #54 of 107
Overall 76 74 76
  • CDE ranked among 176 companies in Metals and Mining
  • HL ranked among 176 companies in Metals and Mining
  • AG ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCDEHLAGSPY
1 month -26.1%-19.6%-17.8% -0.2%
3 months -4.6%+0.5%-0.3% +3.9%
6 months -20.4%-18.0%-19.8% +8.2%
Year to date -20.3%-23.8%-6.2% +12.9%
1 year -19.6%+18.3%+25.6% +12.3%
3 years +457.3%+253.1%+185.2% +87.4%
3 years, per year +77.4%+52.3%+41.9% +23.3%
5 years +129.2%+139.7%+18.7% +67.9%
5 years, per year +18.1%+19.1%+3.5% +10.9%
10 years +27.8%+153.8%+101.7% +261.1%
10 years, per year +2.5%+9.8%+7.3% +13.7%

Risk

MeasureCDEHLAGSPY
Volatility, 1Y 72.1%71.1%73.8% 12.7%
Downside volatility, 1Y 72.8%70.1%74.3% 12.7%
Beta vs S&P 500, 1Y 3.092.642.82 1.00
Return / volatility, 1Y -0.270.260.35 0.97
Max drawdown, 5Y -72.0%-56.5%-70.5% -25.4%
From 52-week high -47.7%-54.0%-51.2% -1.2%
52-week high $27.15$31.81$32.01 $779.14
52-week low $13.47$11.97$10.67 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCDEHLAG
P/E now vs peer median 17.2xmedian 13.3x 29.4xmedian 13.3x 21.6xmedian 13.3x
P/S now vs peer median 4.6xmedian 3.2x 6.1xmedian 3.2x 4.7xmedian 3.2x
EV/EBITDA now vs peer median 9.1xmedian 7.3x 10.2xmedian 7.3x 6.8xmedian 7.3x
P/FCF now vs peer median 12.6xmedian 14.7x 20.3xmedian 14.7x 12.4xmedian 14.7x
P/B now vs peer median 1.1xmedian 2.2x 3.7xmedian 2.2x 2.3xmedian 2.2x
PEG now vs peer median 0.21median 0.31 0.29median 0.31 0.45median 0.31

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCDEHLAG
Revenue $3.17B $1.60B $1.64B
Gross profit $2.50B – $827.10M
Operating income $1.07B $737.49M $756.62M
Net income $850.41M $333.98M $421.54M
Free cash flow $1.16B $483.99M $617.41M
R&D – $30.73M –
EPS (diluted) $0.82 $0.49 $0.72
Cash & equivalents $1.05B $483.48M $1.09B
Total debt $705.29M $7.56M $1.03B
Shares (diluted) 1.03B 675.89M 484.56M
Enterprise value $11.90B $8.29B $4.15B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCDEHLAG
P/E 17.2x 29.4x 21.6x
P/FCF 12.6x 20.3x 12.4x
P/Operating cash flow 10.0x 13.4x 9.3x
P/S 4.6x 6.1x 4.7x
P/B 1.1x 3.7x 2.3x
P/Tangible book 1.1x 3.7x 2.3x
EV/EBITDA 9.1x 10.2x 6.8x
EV/EBIT 13.3x 12.7x 8.9x
EV/Revenue 4.5x 5.8x 4.1x
EV/FCF 12.3x 19.3x 10.9x
EV/Operating cash flow 9.7x 12.7x 8.2x
PEG (3Y EPS CAGR) 0.21 0.29 0.45

Growth

14 metrics
MetricCDEHLAG
Revenue growth (1Y) 117.3% 74.4% 98.5%
Revenue CAGR (3Y) 61.2% 30.6% 39.0%
Gross profit growth (1Y) 296.7% – 335.5%
Gross profit CAGR (3Y) 176.2% – 283.4%
Operating income growth (1Y) 203.1% 344.3% 622.0%
Operating income CAGR (3Y) 52.2% 217.6% 78.9%
Net income growth (1Y) 346.0% 233.1% 517.9%
Net income CAGR (3Y) 146.7% 109.0% 98.2%
EPS growth (1Y) 177.3% 216.5% 294.7%
EPS CAGR (3Y) 83.6% 102.4% 48.3%
Operating cash flow growth (1Y) 226.3% 129.4% 207.8%
Operating cash flow CAGR (3Y) 373.7% 112.8% 131.1%
Free cash flow growth (1Y) 364.5% 293.4% 232.3%
Free cash flow CAGR (3Y) 73.8% 81.0% 80.3%

Profitability

14 metrics
MetricCDEHLAG
Gross margin 79.0% – 50.4%
EBITDA margin 49.6% 56.9% 60.3%
Operating margin 33.8% 46.0% 46.1%
Pretax margin 33.5% 43.4% 46.5%
Net margin 26.8% 20.8% 21.2%
FCF margin 36.5% 30.2% 37.6%
Operating cash flow margin 46.2% 45.8% 50.3%
Return on equity 3.0% 26.7% 12.2%
Return on assets 2.7% 21.4% 8.4%
Return on invested capital 5.9% 19.9% 12.0%
Return on capital employed 7.3% 23.5% 17.5%
Asset turnover 0.2x 0.5x 0.3x
Cash conversion (OCF / net income) 1.7x 2.2x 2.0x
Stock comp / revenue 0.9% 0.7% 0.8%

Financial Health

11 metrics
MetricCDEHLAG
Debt / assets 4.6% 0.2% 6.1%
Debt / equity 0.1x 0.0x 0.1x
Net debt / EBITDA -0.2x -0.5x -1.0x
Debt / FCF 0.6x 0.0x 0.5x
Liabilities / assets 9.9% 15.9% 31.7%
Equity / assets 90.1% 84.1% 68.3%
Interest coverage – 27.3x 34.3x
Current ratio 3.7x 5.2x 2.6x
Quick ratio 2.3x 5.0x 2.3x
Cash ratio 2.2x 3.3x 2.2x
Altman Z-score 6.16 13.08 3.90

Shareholder Returns

7 metrics
MetricCDEHLAG
Dividend yield 0.1% 0.0% 0.4%
Net buyback yield 0.3% -0.4% -1.0%
Shareholder yield 0.4% -0.4% -0.6%
Payout ratio (earnings) – – 0.5%
Payout ratio (FCF) – – 0.4%
Dividend growth (1Y) – – -20.6%
Dividend CAGR (3Y) – – -32.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCDEHLAG
Forward P/E 14.2xFY2026 22.8xFY2026 19.3xFY2026
EPS, next fiscal year $1.00FY2026 $0.64FY2026 $0.81FY2026
EPS growth, next FY +25.0%FY2026 +45.5%FY2026 +76.1%FY2026
EPS growth, the year after +63.0% +40.6% +17.3%
Revenue, next fiscal year $4.94BFY2026 $1.49BFY2026 $1.58BFY2026
Revenue growth, next FY +138.7%FY2026 +5.1%FY2026 +25.6%FY2026
Revenue growth, the year after +18.1% -7.2% +8.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCDEHLAG
Held by institutions 76.7% 72.1% 47.0%
Institutions holding 678 584 347
Change in shares held, QoQ +2.7% +0.4% -4.4%
Institutions buying 397 313 193
Institutions selling 192 187 104
Buyers to sellers 2.07 1.67 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CDEHLAG
CDE 1.00 0.87 0.87
HL 0.87 1.00 0.90
AG 0.87 0.90 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CDE, HL and AG?

Coeur Mining (CDE) is the largest by market capitalisation: Coeur Mining (CDE) $14.62B, Hecla Mining (HL) $9.82B, First Majestic Silver (AG) $7.68B.

Which stock is cheaper, CDE, HL and AG?

Coeur Mining (CDE) trades on the lowest price-to-earnings ratio (Coeur Mining (CDE) 17.2x, Hecla Mining (HL) 29.4x, First Majestic Silver (AG) 21.6x). On next year's consensus earnings, Coeur Mining (CDE) is cheapest (Coeur Mining (CDE) 14.2x, Hecla Mining (HL) 22.8x, First Majestic Silver (AG) 19.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Coeur Mining (CDE) grew revenue fastest over the trailing twelve months: Coeur Mining (CDE) +117.3%, Hecla Mining (HL) +74.4%, First Majestic Silver (AG) +98.5%.

Which company is more profitable?

Coeur Mining (CDE) has the highest net margin (Coeur Mining (CDE) 26.8%, Hecla Mining (HL) 20.8%, First Majestic Silver (AG) 21.2%). On return on invested capital, Hecla Mining (HL) leads (Coeur Mining (CDE) 5.9%, Hecla Mining (HL) 19.9%, First Majestic Silver (AG) 12.0%).

Which stock has performed better?

Over the past year First Majestic Silver (AG) returned the most: Coeur Mining (CDE) -19.6%, Hecla Mining (HL) +18.3%, First Majestic Silver (AG) +25.6%. Over five years, Hecla Mining (HL) compounded fastest (Coeur Mining (CDE) +18.1%/yr, Hecla Mining (HL) +19.1%/yr, First Majestic Silver (AG) +3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

First Majestic Silver (AG) has the highest dividend yield: Coeur Mining (CDE) 0.14%, Hecla Mining (HL) 0.03%, First Majestic Silver (AG) 0.38%.

Which stock is riskier?

By one-year price volatility, Hecla Mining (HL) has been the steadiest (Coeur Mining (CDE) 72.1%, Hecla Mining (HL) 71.1%, First Majestic Silver (AG) 73.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CDE, HL and AG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Coeur Mining (CDE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.