Hecla Mining (HL-PB) Debt to Equity (2009 - 2026)

Hecla Mining (HL-PB) reported Debt to Equity of $0.11 for Q1 2026, down 60.05% on a YoY basis from $0.27 in Q1 2025, and down 6.79% quarter-over-quarter from $0.12 in Q4 2025.

Hecla Mining (HL-PB) Debt to Equity (2009 - 2026) Analysis & Trends

Hecla Mining has reported Debt to Equity for 18 years, with the latest figure at $0.11 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 60.05% year-over-year to $0.11; the trailing twelve-month figure through Mar 2026 stood at $0.11 (down 60.05% YoY), and the FY2025 full-year result was $0.12, down 56.43% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.11, down from $0.12 in the prior quarter.
  • The five-year high for Debt to Equity was $79.77 in Q1 2024, with the low at -$23.04 in Q1 2022.
  • Historically, Debt to Equity has averaged $5.46 across 5 years, with a median of $0.27 in 2025.
  • Annual changes were most pronounced in 2022 — Debt to Equity tumbled 7978.51% — and 2023, when it surged 241.86%.
  • Hecla Mining's Debt to Equity stood at $0.27 in 2022, then increased by 23.0% to $0.33 in 2023, then decreased by 19.83% to $0.27 in 2024, then slumped by 56.43% to $0.12 in 2025, then retreated by 6.79% to $0.11 in 2026.
  • The last three Debt to Equity figures came in at $0.11 (Q1 2026), $0.12 (Q4 2025), and $0.11 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -
2 Buenaventura Mining 10.77 Bn 10.77 Bn - 0.17
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 0.11
4 Perpetua Resources 2.83 Bn 2.83 Bn - -
5 Versamet Royalties 2.41 Bn 2.40 Bn - 0.60
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn -
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - -
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - 0.00
9 Solaris Resources 1.41 Bn 1.39 Bn - -
10 Hecla Mining - - 253.26 Mn 0.11

Historic Data

Download Data
DateValue
Mar 31, 2026 0.11
Dec 31, 2025 0.12
Sep 30, 2025 0.11
Jun 30, 2025 0.24
Mar 31, 2025 0.27
Dec 31, 2024 0.27
Sep 30, 2024 0.26
Jun 30, 2024 0.29
Mar 31, 2024 79.77
Dec 31, 2023 0.33
Sep 30, 2023 0.31
Jun 30, 2023 0.28
Mar 31, 2023 32.68
Dec 31, 2022 0.27
Sep 30, 2022 0.27
Jun 30, 2022 0.29
Mar 31, 2022 -23.04
Dec 31, 2021 0.30
Sep 30, 2021 0.29
Jun 30, 2021 0.29