Euro Pacific Asset Management 13F: Exits Hecla Mining (HL) Stake

Euro Pacific Asset Management has completely exited its position in Hecla Mining Company (NYSE:HL). The firm sold all 8,698 shares it previously held, as reported in its latest 13F filing with the SEC. This move marks a 100% reduction in its stake, with the shares valued at $0 at the time of the filing.

What Changed in Euro Pacific's Hecla Mining Position

Euro Pacific Asset Management sold out of Hecla Mining Company, reducing its holdings by 8,698 shares to zero. This complete exit reflects the firm's decision to close its position entirely as of the reporting period.

Hecla Mining Company Stock Up 2.2%

Hecla Mining Company, trading on the NYSE under the ticker HL, has a market capitalization of approximately $10.45 billion. The company has a P/E ratio of 21.0 and a forward P/E of 15.0, indicating its profitability and future earnings expectations. Hecla's beta of 1.373 suggests the stock is somewhat more volatile than the market. Over the past year, the stock's price has ranged from a low of $11.81 to a high of $34.17. Its 50-day moving average is $18.52, and the 200-day moving average is $19.04. The company maintains a strong current ratio of 5.197 and a quick ratio of 4.411, with a debt-to-equity ratio of 0.802.

Recent Earnings

In its recent earnings report, Hecla Mining Company posted revenue of $1.74 billion, with a revenue growth of 52.4%. The company achieved a net margin of 19.2% and a return on equity of 22.2%. The next earnings date is scheduled for November 5, 2026.

Dividend

Hecla Mining offers a dividend yield of 0.1%, with an annual payout ratio of 1.95%. This modest dividend provides a small return to shareholders alongside potential capital gains.

About Hecla Mining Company

Hecla Mining Company, headquartered in Coeur d'Alene, Idaho, is a major player in the basic materials sector, specifically within the precious metals and mining industry. The company, led by CEO Robert L. Krcmarov, employs around 1,865 people. Hecla is engaged in the mining and production of silver, gold, lead, and zinc, serving markets in the United States, Canada, and internationally.

Bottom Line

Euro Pacific Asset Management's decision to sell out of Hecla Mining Company reflects its latest strategic move as of the reporting period. Investors often track 13F filings to gauge institutional sentiment, though these filings are backward-looking and may not represent current positions. Hecla Mining's notable market presence and financial performance continue to make it a company to watch in the precious metals industry.