Coeur d’Alene mining company added to S&P

A mining company in Idaho and with operations in Canada and Alaska is finding a broader audience in the investment community.

Hecla Mining Company announced Dec. 8 that it will be added to the S&P MidCap 400 Index prior to the opening of trading on Dec. 22, 2025.

According to the company, its inclusion in the Index is a reflection of its “strong performance, operational scale and consistent execution across its portfolio of silver and gold operations in the United States and Canada.”

Hecla began operations in 1891 and is the largest silver producing mining company in the world. It trades on the New York Stock Exchange under HL.

The S&P MidCap 400 measures the performance of U.S. equities with market caps between $8 billion and $22.7 billion, and Hecla stated its addition to the Index emphasizes the increasing attention the company is getting within the investment community.

Rob Krcmarov, president and CEO of Hecla Mining, stated the inclusion shows the “significant progress” his company has made in building the silver-focused mining.

“The fact that the S&P Index Committee used its discretion to include Hecla as the only precious metals producer in the index speaks to our upward trajectory,” Krcmarov said. “The recognition validates our disciplined capital allocation and operational excellence across our U.S. and Canadian platform. We believe inclusion in the Index, and the related expanded institutional investor base, positions Hecla well to drive sustainable value creation for our shareholders and stakeholders.”

Several factors are looked at when the S&P committee considers a company like Hecla for the Index. Among those factors are sector representation, corporate governance standards and market stability.

“This recognition underscores Hecla’s strong operational execution, disciplined capital allocation, and solid governance practices that align with the standards of a quality mid-cap company,” the company stated in a release.