Hecla Mining CoXSWX:HL +4.38%74 Net Current Asset Value is CHF0.18 as of Mar. 2026, which is 100% below its 10-year median of 81.00. GuruFocus rates XSWX:HL with a GF Score™ of 74/100 and a GF Value™ of CHF7.84 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,331 Metals & Mining companies, Hecla Mining Co ranks worse than 96.92% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Hecla Mining Co's net current asset value per share for the quarter that ended in Mar. 2026 was CHF0.18.
The historical rank and industry rank for Hecla Mining Co's Net Current Asset Value or its related term are showing as below:
XSWX:HL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 66.47 Med: 81 Max: 81
Current: 66.47
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Hecla Mining Co was 81.00. The lowest was 66.47. And the median was 81.00.
XSWX:HL's Price-to-Net-Current-Asset-Value is ranked worse than 96.92% of 1331
companies
in the Metals & Mining industry
Industry Median: 6.5
vs XSWX:HL: 66.47
Hecla Mining Co (XSWX:HL) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Hecla Mining Co Net Current Asset Value Related Terms
Hecla Mining Co Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Hecla Mining Co's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:HL vs MUX, LODE, GORO: Net Current Asset Value Comparison
For the Other Precious Metals & Mining subindustry, Hecla Mining Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hecla Mining Co Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hecla Mining Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Hecla Mining Co's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of CHF0.18 mean?
Hecla Mining Co (XSWX:HL) has a Net Current Asset Value of CHF0.18 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hecla Mining Co and its competitors. This is 100% below median its historical median of 81.00. Over the past decade, Hecla Mining Co's Net Current Asset Value has ranged from 66.47 to 81.00. According to the industry distribution chart, Hecla Mining Co ranks #1290 out of 1331 companies in the Metals & Mining industry, placing it in the top 96.9%.
Is Hecla Mining Co's Net Current Asset Value too high?
Hecla Mining Co's current Net Current Asset Value of CHF0.18 is 100% below median its 10-year median of 81.00. Over the past 10 years, this metric has ranged from a low of 66.47 to a high of 81.00. Based on the distribution chart, Hecla Mining Co ranks #1290 out of 1331 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Hecla Mining Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Net Current Asset Value compare to MUX and LODE?
According to the Metals & Mining industry distribution chart, Hecla Mining Co ranks #1290 out of 1331 companies for Net Current Asset Value. This places Hecla Mining Co in the lower half of its industry. The industry median Net Current Asset Value is 6.50. Historically, Hecla Mining Co's own Net Current Asset Value has ranged from 66.47 to 81.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.50, based on 1,331 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Hecla Mining Co and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hecla Mining Co's current Net Current Asset Value is CHF0.18, which is 100% below median its own 10-year median of 81.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hecla Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hecla Mining Co (XSWX:HL) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF7.84, compared to a current price of CHF12.63 — trading 61.1% above its estimated fair value. The current Net Current Asset Value is CHF0.18, which is 100% below median its 10-year median of 81.00. Hecla Mining Co's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Hecla Mining Co (XSWX:HL), the current Net Current Asset Value is CHF0.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hecla Mining Co (XSWX:HL) Overvalued in 2026?
Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued.
The current stock price of CHF12.63 is trading 61.1% above its estimated GF Value™ of CHF7.84.
GuruFocus considers Hecla Mining Co to be Significantly Overvalued.
Key valuation signals for XSWX:HL:
Net Current Asset Value: CHF0.18 (100% below median its 10-year median of 81.00)
GF Value™: CHF7.84 vs. price of CHF12.63 (61.1% above fair value)
No single metric tells the full story. See the XSWX:HL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hecla Mining Co produces and explores silver, gold, zinc, and other metals. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, and Casa Berardi. It generates maximum revenue from the Greens Creek segment. Geographically, It operates in Canada, the United States, and Mexico, and it derives a majority of its revenue from the United States.
74GF Score
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