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Hecla Mining Company (NYSE:HL) is one of the

8 Best American Mining Stocks to Buy Right Now.

On May 6, 2026, H.C. Wainwright lowered the firm’s price target on Hecla Mining Company (NYSE:HL) to $26.75 from $36.50 while maintaining a Buy rating on the shares following the company’s Q1 results. The firm said the reduced target primarily reflects the sale of Casa Berardi at a valuation below its prior model assumptions, along with the use of a cash flow per share valuation framework.

On May 5, 2026, Hecla Mining Company (NYSE:HL) reported Q1 EPS of 25c, versus the consensus estimate of 24c. Revenue totaled $411.43M, compared to two analyst estimates of $432.44M. President and CEO Rob Krcmarov said the quarter highlighted the strength of the platform the company has built. Krcmarov added that the sale of Casa Berardi sharpened Hecla’s focus on silver production and enabled the company to redeem its senior notes in April, leaving it debt-free with a $225M undrawn revolving credit facility. Krcmarov also highlighted several organic growth initiatives across the portfolio, including the Greens Creek pyrite concentrate circuit, a potential restart at Midas, and a near doubling of exploration spending in 2026. The company said these initiatives, combined with its debt-free balance sheet and operating base, position it to deliver long-term value with significant silver exposure.

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Last month, Canaccord analyst Dalton Baretto upgraded Hecla Mining Company (NYSE:HL) to Buy from Hold, previously with an unchanged price target of $24 on the shares.

Hecla Mining Company (NYSE:HL) produces precious and base metals through operations in the United States, Canada, Japan, Korea, China, and other international markets.

While we acknowledge the potential of HL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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