Hecla Mining Company drawdown: 45.9% below the all-time high
Hecla Mining Company is 45.9% below its all-time high, set Jan 23, 2026 (as of market close, Oct 2, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −45.9%
- 54.1% of ATH
- All-time high
- $31.81
- Jan 23, 2026
- Time below the high
- 8 mo
- since Jan 23, 2026
- Worst-ever drawdown
- −98.0%
- Nov 1, 2000
- Longest underwater
- 38.7 yrs
- between all-time highs
- Today's level first reached
- Mar 19, 1985
- 41.5 yrs ago
- Last time this deep
- Nov 21, 2025
- in a previous episode
% of all-time high since 1985#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Apr 24, 1987 | Nov 1, 2000 | −98.0% | 13.5 yrs | Jan 15, 2026 | 38.7 yrs |
| Jan 23, 2026 | Jun 10, 2026 | −55.8% | 5 mo | not yet | 8 mo+ |
| May 16, 1985 | Jul 30, 1986 | −54.1% | 14 mo | Mar 30, 1987 | 1.9 yrs |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1985: how far Hecla Mining Company stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Hecla Mining Company from its all-time high?
- Hecla Mining Company is currently 45.9% below its all-time high, set Jan 23, 2026 (as of market close, Oct 2, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Hecla Mining Company drawdown ever?
- The deepest decline on record in our data (since 1985) took Hecla Mining Company 98.0% below its prior high, bottoming Nov 1, 2000. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from HL; no free deep history exists for Hecla Mining Company — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.