Diligence memo · auto-generated · as of July 2, 2026
Hecla Mining Co/De/
Hecla Mining Co/De/ has raised $100M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Hecla Mining Co/De/ operates in Mining & Resources, based in COEUR D'ALENE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hecla Mining Co/De/ has raised $100M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $60M on 2009-06-04.
Most recent recorded round closed around 2020-07-07.
Valuation (modeled)modeled
Provath models Hecla Mining Co/De/ at approximately $46M (range $34M–$120M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 67 months.
Last raise 6.0 yr ago; this sector typically re-raises about every 11 months.
Silent for over 3× the sector's normal cadence.
The last round was 3.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 98% of Mining & Resources peers (701 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Consensus Mining & Seigniorage Corp, MineralTree, Inc., U.S. Data Mining Group, Inc..
Peoplefiled
24 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.