HL vs SVM vs USAS Stock Comparison

Hecla Mining, Silvercorp Metals and Americas Gold & Silver Prices as of Oct 26, 2026 Peers: Industry group
HL Hecla Mining Co/De/
$13.98 -23.1% 1M +8.0% 1Y
Market cap
$9.71B
P/E
29.1x
Revenue (TTM)
$1.60B
Div. yield
–
Silver Basic Materials
4 wins
SVM Silvercorp Metals Inc
$8.22 -27.4% 1M +28.4% 1Y
Market cap
$1.87B
P/E
21.8x
Revenue (TTM)
$495.47M
Div. yield
–
Silver Basic Materials
5 wins

Head to Head

11 decided of 12

Silvercorp Metals leads on 5 of the 12 questions below (Silvercorp Metals 5, Hecla Mining 4, Americas Gold & Silver 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHLSVMUSASLeader
Larger companyMarket capitalisation $9.71B $1.87B $840.77M HL
Cheaper on earningsLower P/E, profitable companies only 29.1x 21.8x -20.4x SVM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.8x 11.4x 33.4x SVM
Faster revenue growthRevenue growth, trailing twelve months +74.4% +60.8% +88.0% USAS
More profitableNet margin, trailing twelve months 20.8% 17.3% -22.7% HL
Better return on capitalReturn on invested capital 19.9% 11.7% 1.3% HL
Less leveragedLower net debt / EBITDA -0.5x -1.9x -6.9x USAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +8.0% +28.4% -25.1% SVM
Better 5-year returnAnnualised price return, 5 years +18.2%/yr +13.4%/yr +5.3%/yr HL
Less volatileAnnualised volatility, 1 year 71.1% 70.6% 88.2% SVM
Higher overall scoreMean of the five percentile scores vs peers 74/100 76/100 60/100 SVM

Percentile Scorecard

HLSVMUSAS

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

AxisHLSVMUSAS
Valuation 61 #64 of 162 83 #28 of 162 52 #78 of 162
Growth 98 #4 of 147 87 #20 of 147 80 #30 of 147
Profitability 93 #10 of 122 82 #23 of 122 44 #69 of 122
Financial Health 88 #21 of 165 84 #28 of 165 77 #39 of 165
Shareholder Returns 32 #73 of 107 44 #60 of 107 47 #57 of 107
Overall 74 76 60
  • HL ranked among 176 companies in Metals and Mining
  • SVM ranked among 176 companies in Metals and Mining
  • USAS 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

PeriodHLSVMUSASSPY
1 month -23.1%-27.4%-37.6% -0.8%
3 months -7.9%-15.6%-25.9% +3.5%
6 months -24.9%-34.2%-49.1% +7.0%
Year to date -27.1%-1.4%-41.1% +12.2%
1 year +8.0%+28.4%-25.1% +13.0%
3 years +237.7%+257.4%+280.1% +86.3%
3 years, per year +50.1%+52.9%+56.1% +23.1%
5 years +130.7%+87.2%+29.7% +68.6%
5 years, per year +18.2%+13.4%+5.3% +11.0%
10 years +140.2%—-55.6% +258.0%
10 years, per year +9.2%—-7.8% +13.6%

Risk

MeasureHLSVMUSASSPY
Volatility, 1Y 71.1%70.6%88.2% 12.7%
Downside volatility, 1Y 70.1%73.4%93.8% 12.7%
Beta vs S&P 500, 1Y 2.632.613.79 1.00
Return / volatility, 1Y 0.110.40-0.28 1.02
Max drawdown, 5Y -56.5%-56.4%-83.6% -25.4%
From 52-week high -56.1%-47.7%-70.0% -1.8%
52-week high $31.81$15.71$10.03 $779.14
52-week low $11.97$6.09$3.01 $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.

MultipleHLSVMUSAS
P/E now vs peer median 28.1xmedian 12.8x 21.0xmedian 12.8x -19.5xmedian 12.8x
P/S now vs peer median 5.9xmedian 3.1x 3.7xmedian 3.1x 5.3xmedian 3.1x
EV/EBITDA now vs peer median 9.8xmedian 7.0x 7.0xmedian 7.0x 74.5xmedian 7.0x
P/FCF now vs peer median 19.4xmedian 15.2x 5.9xmedian 15.2x 16.8xmedian 15.2x
P/B now vs peer median 3.5xmedian 2.1x 1.5xmedian 2.1x 3.3xmedian 2.1x
PEG now vs peer median 0.27median 0.29 0.46median 0.29 -0.50median 0.29

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 monthsHLSVMUSAS
Revenue $1.60B $495.47M $181.59M
Gross profit – $302.64M $92.90M
Operating income $737.49M $165.81M $4.62M
Net income $333.98M $69.58M -$47.71M
Free cash flow $483.99M $309.98M $57.37M
R&D $30.73M – $7.36M
EPS (diluted) $0.49 $0.39 $-0.15
Cash & equivalents $483.48M $386.76M $88.88M
Total debt $7.56M $118.10M $6.95M
Shares (diluted) 675.89M 219.43M 267.34M
Enterprise value $8.18B $218.26M $460.58M

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
MetricHLSVMUSAS
P/E 28.1x 21.0x -19.5x
P/FCF 19.4x 5.9x 16.8x
P/Operating cash flow 12.8x 5.6x 21.4x
P/S 5.9x 3.7x 5.3x
P/B 3.5x 1.5x 3.3x
P/Tangible book 3.5x 1.5x 3.3x
EV/EBITDA 9.8x 7.0x 74.5x
EV/EBIT 12.1x 8.6x 191.1x
EV/Revenue 5.6x 2.9x 4.9x
EV/FCF 18.4x 4.6x 15.4x
EV/Operating cash flow 12.1x 4.4x 19.5x
PEG (3Y EPS CAGR) 0.27 0.46 -0.50

Growth

14 metrics
MetricHLSVMUSAS
Revenue growth (1Y) 74.4% 60.8% 88.0%
Revenue CAGR (3Y) 30.6% 31.7% 28.8%
Gross profit growth (1Y) – 146.3% 684.7%
Gross profit CAGR (3Y) – 58.3% 109.3%
Operating income growth (1Y) 344.3% 44.4% -37.5%
Operating income CAGR (3Y) 217.6% 72.4% 63.9%
Net income growth (1Y) 233.1% -7.2% -42.6%
Net income CAGR (3Y) 109.0% 50.9% 3.6%
EPS growth (1Y) 216.5% 1.3% -281.6%
EPS CAGR (3Y) 102.4% 45.6% 39.1%
Operating cash flow growth (1Y) 129.4% 120.5% 712.7%
Operating cash flow CAGR (3Y) 112.8% 53.9% 84.2%
Free cash flow growth (1Y) 293.4% 298.5% 207.2%
Free cash flow CAGR (3Y) 81.0% 189.0% 60.6%

Profitability

14 metrics
MetricHLSVMUSAS
Gross margin – 61.1% 51.2%
EBITDA margin 56.9% 40.9% 6.5%
Operating margin 46.0% 33.5% 2.5%
Pretax margin 43.4% 57.4% -16.4%
Net margin 20.8% 17.3% -22.7%
FCF margin 30.2% 62.6% 31.6%
Operating cash flow margin 45.8% 65.4% 24.9%
Return on equity 26.7% 5.7% -8.5%
Return on assets 21.4% 4.4% -5.2%
Return on invested capital 19.9% 11.7% 1.3%
Return on capital employed 23.5% 12.0% –
Asset turnover 0.5x 0.3x 0.4x
Cash conversion (OCF / net income) 2.2x 4.7x -0.9x
Stock comp / revenue 0.7% 0.9% 5.7%

Financial Health

11 metrics
MetricHLSVMUSAS
Debt / assets 0.2% 0.0% 1.6%
Debt / equity 0.0x 0.0x 0.0x
Net debt / EBITDA -0.5x -1.9x -6.9x
Debt / FCF 0.0x 0.0x 0.1x
Liabilities / assets 15.9% 23.2% 31.5%
Equity / assets 84.1% 76.8% 68.5%
Interest coverage 27.3x 11.9x 1.2x
Current ratio 5.2x 3.5x –
Quick ratio 5.0x 3.4x –
Cash ratio 3.3x 3.3x –
Altman Z-score 12.57 4.25 –

Shareholder Returns

7 metrics
MetricHLSVMUSAS
Dividend yield 0.0% 0.2% –
Net buyback yield -0.4% -0.3% -0.8%
Shareholder yield -0.4% -0.1% -0.8%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusHLSVMUSAS
Forward P/E 21.8xFY2026 11.4xFY2026 33.4xFY2026
EPS, next fiscal year $0.64FY2026 $0.72FY2026 $0.09FY2026
EPS growth, next FY +45.5%FY2026 +4.3%FY2026 –
EPS growth, the year after +40.6% +80.6% +244.4%
Revenue, next fiscal year $1.49BFY2026 $479.44MFY2026 $244.05MFY2026
Revenue growth, next FY +5.1%FY2026 +9.4%FY2026 +107.0%FY2026
Revenue growth, the year after -7.2% +74.7% +63.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHLSVMUSAS
Held by institutions 72.1% 55.0% –
Institutions holding 584 185 –
Change in shares held, QoQ +0.4% +2.1% –
Institutions buying 313 92 –
Institutions selling 187 64 –
Buyers to sellers 1.67 1.44 –

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.

HLSVMUSAS
HL 1.00 0.85 0.79
SVM 0.85 1.00 0.81
USAS 0.79 0.81 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HL, SVM and USAS?

Hecla Mining (HL) is the largest by market capitalisation: Hecla Mining (HL) $9.71B, Silvercorp Metals (SVM) $1.87B, Americas Gold & Silver (USAS) $840.77M.

Which stock is cheaper, HL, SVM and USAS?

Silvercorp Metals (SVM) trades on the lowest price-to-earnings ratio (Hecla Mining (HL) 29.1x, Silvercorp Metals (SVM) 21.8x, Americas Gold & Silver (USAS) -20.4x). On next year's consensus earnings, Silvercorp Metals (SVM) is cheapest (Hecla Mining (HL) 21.8x, Silvercorp Metals (SVM) 11.4x, Americas Gold & Silver (USAS) 33.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Americas Gold & Silver (USAS) grew revenue fastest over the trailing twelve months: Hecla Mining (HL) +74.4%, Silvercorp Metals (SVM) +60.8%, Americas Gold & Silver (USAS) +88.0%.

Which company is more profitable?

Hecla Mining (HL) has the highest net margin (Hecla Mining (HL) 20.8%, Silvercorp Metals (SVM) 17.3%, Americas Gold & Silver (USAS) -22.7%). On return on invested capital, Hecla Mining (HL) leads (Hecla Mining (HL) 19.9%, Silvercorp Metals (SVM) 11.7%, Americas Gold & Silver (USAS) 1.3%).

Which stock has performed better?

Over the past year Silvercorp Metals (SVM) returned the most: Hecla Mining (HL) +8.0%, Silvercorp Metals (SVM) +28.4%, Americas Gold & Silver (USAS) -25.1%. Over five years, Hecla Mining (HL) compounded fastest (Hecla Mining (HL) +18.2%/yr, Silvercorp Metals (SVM) +13.4%/yr, Americas Gold & Silver (USAS) +5.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Silvercorp Metals (SVM) has been the steadiest (Hecla Mining (HL) 71.1%, Silvercorp Metals (SVM) 70.6%, Americas Gold & Silver (USAS) 88.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HL, SVM and USAS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Silvercorp Metals (SVM) leads on 5. 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.