Companies · Mining & Resources

Hecla Mining Co/De/

COEUR D'ALENE · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Hecla Mining Co/De/ — recommendation, valuation, rhythm, risks.
$100.0M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 3%
Sector rank · raised
Series C
Latest stage · inferred · Tue Jul 07 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Hecla Mining Co/De/ has raised $100M over 3 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 6.0 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Hecla Mining Co/De/ is one of 701 Mining & Resources companies tracked from COEUR D'ALENE. By capital raised it ranks among the largest (ahead of 98% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2020-07-07
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries C · 2009-06-04 Raised $60M (real) Modeled valuation $297M (est)$60M$297MSeries C2009Series C · 2018-03-05 Raised $31M (real) Modeled valuation $153M (est)$31M$153MSeries C2018Series C · 2020-07-07 Raised $9.2M (real) Modeled valuation $46M (est)$9.2M$46MSeries C2020+$31M+$9.2MCumulative $100M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$60.0M · 2009
Series C extension$30.8M · 2018
Series C extension$9.2M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$45.6M
Base estimate est.
$33.8M
Conservative case
$119.8M
Upside case
$61.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Series C · modeled $297.1M · 2009-06-042009Series C · modeled $152.6M · 2018-03-05Series C · modeled $45.6M · 2020-07-072020
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
74%
Survival probability
55% low · 86% high
1.00×/yr
Annual markup
1.15×/yr upside case
6.0 yr
Elapsed time used
6.0 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
67 mo
Avg between rounds
$9.0M/yr
Capital velocity
17.1 yr
On record since
2009
First round
3
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 44× above median
This company$100.0M
Sector median$2.3M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.2× of median
This company$9.2M
Sector median$43.4M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$45.6M
Sector median$2.5M

Raised more than 98% of sector peers (real $). Modeled value above 94% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Consensus Mining & Seigniorage Corp · Series C Raised $85.0M · modeled $420.7M (est)MineralTree, Inc. · Series C Raised $109.7M · modeled $269.5M (est)U.S. Data Mining Group, Inc. · Series C Raised $54.7M · modeled $628K (est)Hecla Mining Co/De/ (this company) Raised $100.0M · modeled $45.6M (est)Hecla Mining Co/De/
CompanyStageRaised · realValue · estvs peer med.
Consensus Mining & Seigniorage CorpSeries C$85.0M$420.7M2.67×
MineralTree, Inc.Series C$109.7M$269.5M1.71×
Hecla Mining Co/De/ this companySeries C$100.0M$45.6M0.29×
U.S. Data Mining Group, Inc.Series C$54.7M$628K0.00×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$60.0M2009-06-04$400.0M$297.1M85%
Series C$30.8M2018-03-05$205.5M$152.6M90%
Series C$9.2M2020-07-07$61.4M$45.6M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$60.0M2009-06-04
    • First recorded raise — entered as Series C.
    • 11 investors on this round.
  2. Series C$30.8M2018-03-05
    • Raised again after 105 mo — slower than the ~11 mo sector norm.
    • Round 1.9× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
  3. Series C$9.2M2020-07-07
    • Raised again after 28 mo — slower than the ~11 mo sector norm.
    • Round 3.3× smaller than the prior — bridge or down round.
Intelligence
2026 ~Q1
Modeled next raise · ~67mo cadence
$9.2M
Modeled next size est.range $9.2M$14.7M
0.3×
Last step-up
$9.0M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Don Poirier2 other2009-06
George R Nethercutt Jr.1 other2018-03
James A. Sabala1 other2009-06
Catherine J. Boggs2018-03
Charles B. Stanley2009-06
David C. Sienko2018-03
David J. Christensen2009-06
Dean W.A. McDonald2018-03
Dr. Anthony P. Taylor2009-06
Dr. Dean W.A. McDonald2009-06
George R. Johnson2018-03
George R. Nethercutt2009-06
John H. Bowles2009-06
Lauren M. Roberts2020-07
Lawrence P. Radford2018-03
Lindsay A. Hall2018-03
Phillips S. Baker2009-06
Phillips S. Baker, Jr.2018-03
Robert D. Brown2018-03
Ronald W. Clayton2009-06
Stephen F. Ralbovsky2018-03
Ted Crumley2009-06
Ted D. Crumley2018-03
Ted S Crumley2020-07
Registry & provenance

Hecla Mining Co/De/ is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
719413
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
i-80 Gold Corp.Mining & ResourcesSeries C$76.1M$22.7Msame sector · same stage
Foran Mining CorpMining & ResourcesSeries C$152.1M$42.2Msame sector · same stage
Sabina Gold & Silver Corp.Mining & ResourcesSeries C$49.9M$1.7Msame sector · same stage
International Tower Hill Mines LtdMining & ResourcesSeries B$96.9M$15.1Msame sector
Bunker Hill Mining Corp.Mining & ResourcesSeries B$95.2M$76.7Msame sector
Brixton Metals CorpMining & ResourcesSeed$4.6M$3.2Mnetwork1 shared operator · same sector
Otis Gold Corp.Mining & ResourcesSeed$4.5M$2.2Mnetwork1 shared operator · same sector
Besra Gold Inc.Mining & ResourcesSeries B$76.8M$13.3Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Modern Mining Ltd.Mining & ResourcesPre-Seed$997K83%
Orla Mining Ltd.Mining & ResourcesSeed$2.1M82%
Val-d'Or Mining CorpMining & ResourcesPre-Seed$1.4M82%
New Jersey Mining CoMining & ResourcesSeed$3.0M82%
Collective Mining Ltd.Mining & ResourcesSeed$6.7M82%
Rackla Metals Inc.Mining & ResourcesPre-Seed$683K82%
Titan Mining CorpMining & ResourcesPre-Seed$2.5M82%
Parallel Mining Corp.Mining & ResourcesPre-Seed$1.1M82%
Frequently asked
How much funding has Hecla Mining Co/De/ raised?
Hecla Mining Co/De/ has raised approximately $100.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Hecla Mining Co/De/'s estimated valuation?
Provath's modeled valuation for Hecla Mining Co/De/ is approximately $45.6M (modeled range $33.8M–$119.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hecla Mining Co/De/ at?
Hecla Mining Co/De/'s latest modeled financing stage is Series C. Its most recent recorded round closed around Tue Jul 07.
What does Hecla Mining Co/De/ do and where is it based?
Hecla Mining Co/De/ operates in the Mining & Resources sector, based in COEUR D'ALENE.
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