Hecla Mining Co

In an early Stage 1 consolidation after a terminal decline, HL’s price action shows supply absorption and volatility compression around the capitulation low. Medium-term bias is Bullish under mean-reversion eligibility, and short-term timing favors entry as price holds above the rising 9- and 21-EMAs in an oversold context. Execution is Buy Now on pullbacks into the short-EMA support zone within the base.

• ↑Q1 2026 revenue of $410M (+13% QoQ, +100% YoY); Adjusted EBITDA $265M
• ↑Cash costs near -$3/oz; all-in sustaining cost < $10/oz
• ↓Stock trades ~59% above GF value ($9.61); P/E 37.2x