First Majestic Silver vs Hecla Mining
First Majestic Silver and Hecla Mining are similar in size: $1.26bn and $1.42bn of revenue in their latest fiscal years. First Majestic Silver grew faster (124.3% against 53.0%). Hecla Mining kept more of each dollar of sales as profit: a net margin of 22.6% against 13.1%. Hecla Mining carries less debt relative to equity (10.2% against 10.6%).
| Latest fiscal year | First Majestic SilverAG, 2025 | Hecla MiningHL, 2025 |
|---|---|---|
| Revenue | $1.26bn | $1.42bn |
| Revenue growth | 124.3% | 53.0% |
| Net income | $165m | $322m |
| Operating margin | 31.6% | 36.2% |
| Net margin | 13.1% | 22.6% |
| Return on equity | 8.0% | 13.9% |
| Free cash flow | $464m | $310m |
| Cash | $793m | $242m |
| Total debt | $292m | $263m |
| Debt to equity | 10.6% | 10.2% |
| Dividend per share | — | $0.01 |
| Dividend yield | 0.1% | 0.1% |
| Share buybacks | — | $885,000 |
| Employees | — | 1,865 |
| Market value | $6.82bn | $8.93bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | — | 18 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 10 sales |