NEWP vs PAAS vs HL Stock Comparison

New Pacific Metals, Pan American Silver and Hecla Mining Prices as of Oct 29, 2026 Peers: Industry group
HL Hecla Mining Co/De/
$14.45 -15.8% 1M +15.3% 1Y
Market cap
$9.02B
P/E
27.0x
Revenue (TTM)
$1.60B
Div. yield
–
Silver Basic Materials
6 wins

Head to Head

11 decided of 12

Hecla Mining leads on 6 of the 12 questions below (Hecla Mining 6, Pan American Silver 4, New Pacific Metals 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNEWPPAASHLLeader
Larger companyMarket capitalisation $865.98M $14.34B $9.02B PAAS
Cheaper on earningsLower P/E, profitable companies only -206.7x 46.3x 27.0x HL
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 12.8x 22.6x PAAS
Faster revenue growthRevenue growth, trailing twelve months — +2.3% +74.4% HL
More profitableNet margin, trailing twelve months — 9.7% 20.8% HL
Better return on capitalReturn on invested capital — 0.0% 19.9% HL
Less leveragedLower net debt / EBITDA — -4.4x -0.5x PAAS
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +146.3% +16.1% +15.3% NEWP
Better 5-year returnAnnualised price return, 5 years +8.6%/yr +9.7%/yr +20.1%/yr HL
Less volatileAnnualised volatility, 1 year 80.4% 57.9% 71.1% PAAS
Higher overall scoreMean of the five percentile scores vs peers 58/100 67/100 74/100 HL

Percentile Scorecard

NEWPPAASHL

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

AxisNEWPPAASHL
Valuation 41 #96 of 163 57 #71 of 163 59 #67 of 163
Growth 58 #63 of 148 74 #39 of 148 98 #4 of 148
Profitability – 52 #60 of 123 93 #10 of 123
Financial Health 100 #1 of 164 85 #25 of 164 88 #20 of 164
Shareholder Returns 32 #74 of 108 69 #34 of 108 33 #73 of 108
Overall 58 67 74
  • NEWP ranked among 176 companies in Metals and Mining
  • PAAS ranked among 176 companies in Metals and Mining
  • HL 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

PeriodNEWPPAASHLSPY
1 month -16.9%-11.7%-15.8% +0.7%
3 months +11.8%-7.5%-3.3% +3.7%
6 months +0.2%-22.1%-19.8% +7.1%
Year to date +51.6%-21.4%-24.7% +12.8%
1 year +146.3%+16.1%+15.3% +11.9%
3 years +226.4%+172.3%+244.0% +85.2%
3 years, per year +48.4%+39.7%+51.0% +22.8%
5 years +50.7%+59.1%+150.0% +67.6%
5 years, per year +8.6%+9.7%+20.1% +10.9%
10 years +1,512.1%+164.0%+148.7% +262.0%
10 years, per year +32.1%+10.2%+9.5% +13.7%

Risk

MeasureNEWPPAASHLSPY
Volatility, 1Y 80.4%57.9%71.1% 12.7%
Downside volatility, 1Y 79.3%60.2%70.2% 12.6%
Beta vs S&P 500, 1Y 2.872.072.64 1.00
Return / volatility, 1Y 1.820.280.22 0.94
Max drawdown, 5Y -78.2%-59.2%-56.5% -25.4%
From 52-week high -27.8%-40.7%-54.6% -1.2%
52-week high $7.37$68.70$31.81 $779.14
52-week low $2.04$33.20$11.97 $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.

MultipleNEWPPAASHL
P/E now vs peer median -229.3xmedian 13.2x 50.2xmedian 13.2x 29.1xmedian 13.2x
P/S now vs peer median —median 3.1x 5.4xmedian 3.1x 6.1xmedian 3.1x
EV/EBITDA now vs peer median —median 7.2x 43.9xmedian 7.2x 10.1xmedian 7.2x
P/FCF now vs peer median -133.3xmedian 15.2x 15.3xmedian 15.2x 20.1xmedian 15.2x
P/B now vs peer median 6.2xmedian 2.2x 2.3xmedian 2.2x 3.6xmedian 2.2x
PEG now vs peer median -9.81median 0.30 1.14median 0.30 0.28median 0.30

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 monthsNEWPPAASHL
Revenue – $3.19B $1.60B
Gross profit – $882.07M –
Operating income – $1.90M $737.49M
Net income -$4.19M $930.65M $333.98M
Free cash flow -$7.39M $1.12B $483.99M
R&D – – $30.73M
EPS (diluted) $-0.02 $0.81 $0.49
Cash & equivalents $38.57M $1.57B $483.48M
Total debt – $3.00M $7.56M
Shares (diluted) 180.60M 381.58M 675.89M
Enterprise value $751.95M $9.19B $7.49B

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
MetricNEWPPAASHL
P/E -229.3x 50.2x 29.1x
P/FCF -133.3x 15.3x 20.1x
P/Operating cash flow -282.0x 15.4x 13.2x
P/S – 5.4x 6.1x
P/B 6.2x 2.3x 3.6x
P/Tangible book 6.2x 2.3x 3.6x
EV/EBITDA – 43.9x 10.1x
EV/EBIT – 8,215x 12.5x
EV/Revenue – 4.9x 5.8x
EV/FCF -128.1x 13.9x 19.1x
EV/Operating cash flow -271.0x 14.0x 12.6x
PEG (3Y EPS CAGR) -9.81 1.14 0.28

Growth

14 metrics
MetricNEWPPAASHL
Revenue growth (1Y) – 2.3% 74.4%
Revenue CAGR (3Y) – 22.3% 30.6%
Gross profit growth (1Y) – -0.3% –
Gross profit CAGR (3Y) – 104.0% –
Operating income growth (1Y) – 116.1% 344.3%
Operating income CAGR (3Y) – 127.1% 217.6%
Net income growth (1Y) -10.8% 123.6% 233.1%
Net income CAGR (3Y) 19.7% 75.4% 109.0%
EPS growth (1Y) -6.0% -57.1% 216.5%
EPS CAGR (3Y) 23.4% 44.1% 102.4%
Operating cash flow growth (1Y) -7.1% 74.4% 129.4%
Operating cash flow CAGR (3Y) 14.1% – 112.8%
Free cash flow growth (1Y) -17.1% 66.2% 293.4%
Free cash flow CAGR (3Y) 33.8% 56.4% 81.0%

Profitability

14 metrics
MetricNEWPPAASHL
Gross margin – 27.7% –
EBITDA margin – 11.1% 56.9%
Operating margin – 0.1% 46.0%
Pretax margin – 0.1% 43.4%
Net margin – 9.7% 20.8%
FCF margin – 35.1% 30.2%
Operating cash flow margin – 35.1% 45.8%
Return on equity -2.6% 0.0% 26.7%
Return on assets – 0.0% 21.4%
Return on invested capital – 0.0% 19.9%
Return on capital employed – 0.0% 23.5%
Asset turnover – 0.3x 0.5x
Cash conversion (OCF / net income) 0.8x 1.2x 2.2x
Stock comp / revenue – – 0.7%

Financial Health

11 metrics
MetricNEWPPAASHL
Debt / assets – 0.0% 0.2%
Debt / equity – 0.0x 0.0x
Net debt / EBITDA – -4.4x -0.5x
Debt / FCF – 0.0x 0.0x
Liabilities / assets 0.7% 27.5% 15.9%
Equity / assets 99.3% 72.5% 84.1%
Interest coverage – 21.3x 27.3x
Current ratio 34.5x 14.1x 5.2x
Quick ratio 34.3x 2.5x 5.0x
Cash ratio 34.3x 2.2x 3.3x
Altman Z-score – 5.10 12.94

Shareholder Returns

7 metrics
MetricNEWPPAASHL
Dividend yield – 1.7% 0.0%
Net buyback yield -3.0% -1.5% -0.4%
Shareholder yield -3.0% 0.2% -0.4%
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.

ConsensusNEWPPAASHL
Forward P/E – 12.8xFY2026 22.6xFY2026
EPS, next fiscal year $-0.03FY2027 $3.18FY2026 $0.64FY2026
EPS growth, next FY – +25.7%FY2026 +45.5%FY2026
EPS growth, the year after – +32.1% +40.6%
Revenue, next fiscal year $0.00FY2027 $4.51BFY2026 $1.49BFY2026
Revenue growth, next FY – +24.9%FY2026 +5.1%FY2026
Revenue growth, the year after – +12.8% -7.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNEWPPAASHL
Held by institutions – 56.5% 72.1%
Institutions holding – 585 585
Change in shares held, QoQ – -1.0% +0.4%
Institutions buying – 269 313
Institutions selling – 199 187
Buyers to sellers – 1.35 1.67

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.

NEWPPAASHL
NEWP 1.00 0.77 0.75
PAAS 0.77 1.00 0.85
HL 0.75 0.85 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEWP, PAAS and HL?

Pan American Silver (PAAS) is the largest by market capitalisation: New Pacific Metals (NEWP) $865.98M, Pan American Silver (PAAS) $14.34B, Hecla Mining (HL) $9.02B.

Which stock is cheaper, NEWP, PAAS and HL?

Hecla Mining (HL) trades on the lowest price-to-earnings ratio (New Pacific Metals (NEWP) -206.7x, Pan American Silver (PAAS) 46.3x, Hecla Mining (HL) 27.0x). On next year's consensus earnings, Pan American Silver (PAAS) is cheapest (Pan American Silver (PAAS) 12.8x, Hecla Mining (HL) 22.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hecla Mining (HL) grew revenue fastest over the trailing twelve months: Pan American Silver (PAAS) +2.3%, Hecla Mining (HL) +74.4%.

Which company is more profitable?

Hecla Mining (HL) has the highest net margin (Pan American Silver (PAAS) 9.7%, Hecla Mining (HL) 20.8%). On return on invested capital, Hecla Mining (HL) leads (Pan American Silver (PAAS) 0.0%, Hecla Mining (HL) 19.9%).

Which stock has performed better?

Over the past year New Pacific Metals (NEWP) returned the most: New Pacific Metals (NEWP) +146.3%, Pan American Silver (PAAS) +16.1%, Hecla Mining (HL) +15.3%. Over five years, Hecla Mining (HL) compounded fastest (New Pacific Metals (NEWP) +8.6%/yr, Pan American Silver (PAAS) +9.7%/yr, Hecla Mining (HL) +20.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Pan American Silver (PAAS) has been the steadiest (New Pacific Metals (NEWP) 80.4%, Pan American Silver (PAAS) 57.9%, Hecla Mining (HL) 71.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NEWP, PAAS and HL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hecla Mining (HL) 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.