Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Hecla Mining Co's operating assets for the quarter that ended in Mar. 2026 was $2,769 Mil. Hecla Mining Co's operating liabilities for the quarter that ended in Mar. 2026 was $539 Mil. Hecla Mining Co's Total Assets for the quarter that ended in Dec. 2025 was $3,561 Mil. Therefore, Hecla Mining Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.63.
Hecla Mining Co Scaled Net Operating Assets Related Terms
Hecla Mining Co Scaled Net Operating Assets Historical Data
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The historical data trend for Hecla Mining Co's Scaled Net Operating Assets 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.
HL vs MUX, LODE, GORO: Scaled Net Operating Assets Comparison
For the Other Precious Metals & Mining subindustry, Hecla Mining Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hecla Mining Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hecla Mining Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets of 0.63 mean?
Hecla Mining Co (HL) has a Scaled Net Operating Assets of 0.63 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hecla Mining Co and its competitors.
Is Hecla Mining Co's Scaled Net Operating Assets too high?
Hecla Mining Co's current Scaled Net Operating Assets is 0.63. Overall, Hecla Mining Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hecla Mining Co's Scaled Net Operating Assets compare to MUX and LODE?
Hecla Mining Co's Scaled Net Operating Assets of 0.63 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hecla Mining Co and its competitors. Hecla Mining Co's current Scaled Net Operating Assets is 0.63. 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 (HL) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.65, compared to a current price of $15.54 — trading 61% above its estimated fair value. The current Scaled Net Operating Assets is 0.63. Hecla Mining Co's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Hecla Mining Co (HL), the current Scaled Net Operating Assets is 0.63 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 (HL) Overvalued in 2026?
Based on GuruFocus' analysis, Hecla Mining Co stock appears to be overvalued.
The current stock price of $15.54 is trading 61% above its estimated GF Value™ of $9.65.
GuruFocus considers Hecla Mining Co to be Significantly Overvalued.
Key valuation signals for HL:
Scaled Net Operating Assets: 0.63
GF Value™: $9.65 vs. price of $15.54 (61% above fair value)
No single metric tells the full story. See the 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.
67GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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