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Side-by-side financial comparison of Aris Mining Corp (ARMN) and HECLA MINING CO (HL). Click either name above to swap in a different company.

HECLA MINING CO is the larger business by last-quarter revenue ($448.1M vs $151.1K, roughly 2966.1× Aris Mining Corp). HECLA MINING CO runs the higher net margin — 30.0% vs 13.6%, a 16.4% gap on every dollar of revenue.

Endeavour Mining plc is a multinational mining company that owns and operates gold mines in Côte d'Ivoire, Burkina Faso and Senegal. The company is headquartered in London, England, and is listed on the London Stock Exchange. It is a constituent of the FTSE 100 Index.

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

ARMN vs HL — Head-to-Head

Bigger by revenue
HL
HL
2966.1× larger
HL
$448.1M
$151.1K
ARMN
Higher net margin
HL
HL
16.4% more per $
HL
30.0%
13.6%
ARMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARMN
ARMN
HL
HL
Revenue
$151.1K
$448.1M
Net Profit
$20.5K
$134.4M
Gross Margin
44.9%
55.4%
Operating Margin
30.0%
49.1%
Net Margin
13.6%
30.0%
Revenue YoY
79.5%
Net Profit YoY
1027.2%
EPS (diluted)
$0.02
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARMN
ARMN
HL
HL
Q4 25
$151.1K
$448.1M
Q3 25
$409.5M
Q2 25
$304.0M
Q1 25
$261.3M
Q4 24
$249.7M
Q3 24
$245.1M
Q2 24
$245.7M
Q1 24
$189.5M
Net Profit
ARMN
ARMN
HL
HL
Q4 25
$20.5K
$134.4M
Q3 25
$100.7M
Q2 25
$57.7M
Q1 25
$28.9M
Q4 24
$11.9M
Q3 24
$1.8M
Q2 24
$27.9M
Q1 24
$-5.8M
Gross Margin
ARMN
ARMN
HL
HL
Q4 25
44.9%
55.4%
Q3 25
44.1%
Q2 25
39.3%
Q1 25
28.3%
Q4 24
27.4%
Q3 24
24.2%
Q2 24
20.9%
Q1 24
10.1%
Operating Margin
ARMN
ARMN
HL
HL
Q4 25
30.0%
49.1%
Q3 25
36.3%
Q2 25
30.8%
Q1 25
20.0%
Q4 24
15.3%
Q3 24
9.2%
Q2 24
16.5%
Q1 24
2.7%
Net Margin
ARMN
ARMN
HL
HL
Q4 25
13.6%
30.0%
Q3 25
24.6%
Q2 25
19.0%
Q1 25
11.0%
Q4 24
4.8%
Q3 24
0.7%
Q2 24
11.3%
Q1 24
-3.0%
EPS (diluted)
ARMN
ARMN
HL
HL
Q4 25
$0.02
$0.20
Q3 25
$0.15
Q2 25
$0.09
Q1 25
$0.05
Q4 24
$0.03
Q3 24
$0.00
Q2 24
$0.04
Q1 24
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARMN
ARMN
HL
HL
Cash + ST InvestmentsLiquidity on hand
$301.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
Total Assets
$3.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARMN
ARMN
HL
HL
Q4 25
$301.2M
Q3 25
$133.9M
Q2 25
$296.6M
Q1 25
$23.7M
Q4 24
$26.9M
Q3 24
$22.3M
Q2 24
$24.6M
Q1 24
$80.2M
Stockholders' Equity
ARMN
ARMN
HL
HL
Q4 25
$2.6B
Q3 25
$2.4B
Q2 25
$2.3B
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.0B
Total Assets
ARMN
ARMN
HL
HL
Q4 25
$3.6B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$2.9B
Q1 24
$3.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARMN
ARMN
HL
HL
Operating Cash FlowLast quarter
$99.1K
$217.1M
Free Cash FlowOCF − Capex
$134.7M
FCF MarginFCF / Revenue
30.1%
Capex IntensityCapex / Revenue
18.4%
Cash ConversionOCF / Net Profit
4.82×
1.61×
TTM Free Cash FlowTrailing 4 quarters
$310.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARMN
ARMN
HL
HL
Q4 25
$99.1K
$217.1M
Q3 25
$148.0M
Q2 25
$161.8M
Q1 25
$35.7M
Q4 24
$67.5M
Q3 24
$55.0M
Q2 24
$78.7M
Q1 24
$17.1M
Free Cash Flow
ARMN
ARMN
HL
HL
Q4 25
$134.7M
Q3 25
$90.1M
Q2 25
$103.8M
Q1 25
$-18.4M
Q4 24
$6.7M
Q3 24
$-690.0K
Q2 24
$28.3M
Q1 24
$-30.5M
FCF Margin
ARMN
ARMN
HL
HL
Q4 25
30.1%
Q3 25
22.0%
Q2 25
34.1%
Q1 25
-7.0%
Q4 24
2.7%
Q3 24
-0.3%
Q2 24
11.5%
Q1 24
-16.1%
Capex Intensity
ARMN
ARMN
HL
HL
Q4 25
18.4%
Q3 25
14.1%
Q2 25
19.1%
Q1 25
20.7%
Q4 24
24.3%
Q3 24
22.7%
Q2 24
20.5%
Q1 24
25.1%
Cash Conversion
ARMN
ARMN
HL
HL
Q4 25
4.82×
1.61×
Q3 25
1.47×
Q2 25
2.80×
Q1 25
1.24×
Q4 24
5.66×
Q3 24
31.24×
Q2 24
2.82×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARMN
ARMN

Segment breakdown not available.

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

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