Industrial Materials
Compare Stocks
4 / 10Stock Comparison
XPL vs CDE vs HL vs USAS
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
Gold
Industrial Materials
XPL vs CDE vs HL vs USAS — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Industrial Materials | Gold | Gold | Industrial Materials |
| Market Cap | $79M | $11.63B | $12.13B | $2.03B |
| Revenue (TTM) | $0.00 | $2.57B | $1.57B | $109M |
| Net Income (TTM) | $-4M | $799M | $559M | $-61M |
| Gross Margin | — | 35.4% | 50.9% | 3.3% |
| Operating Margin | — | 39.4% | 44.1% | -25.5% |
| Forward P/E | — | 9.1x | 19.1x | 26.3x |
| Total Debt | $7K | $365M | $299M | $24M |
| Cash & Equiv. | $82K | $554M | $242M | $20M |
XPL vs CDE vs HL vs USAS — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Solitario Zinc Corp. (XPL) | 100 | 275.5 | +175.5% |
| Coeur Mining, Inc. (CDE) | 100 | 315.0 | +215.0% |
| Hecla Mining Company (HL) | 100 | 544.8 | +444.8% |
| Americas Gold and S… (USAS) | 100 | 128.6 | +28.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: XPL vs CDE vs HL vs USAS
Each card shows where this stock fits in a portfolio — not just who wins on paper.
XPL is the clearest fit if your priority is sleep-well-at-night and defensive.
- Lower volatility, beta 0.97, Low D/E 0.0%, current ratio 37.26x
- Beta 0.97, current ratio 37.26x
- Beta 0.97 vs USAS's 2.31, lower leverage
CDE is the #2 pick in this set and the best alternative if income & stability and growth exposure is your priority.
- Dividend streak 0 yrs, beta 1.81
- Rev growth 96.4%, EPS growth 5.0%, 3Y rev CAGR 38.1%
- 96.4% revenue growth vs USAS's 5.3%
- Lower P/E (9.1x vs 26.3x)
HL carries the broadest edge in this set and is the clearest fit for long-term compounding.
- 360.6% 10Y total return vs CDE's 149.9%
- 35.6% margin vs USAS's -56.2%
- 0.1% yield; the other 3 pay no meaningful dividend
- 16.3% ROA vs USAS's -26.1%, ROIC 15.3% vs -26.3%
USAS is the clearest fit if your priority is momentum.
- +418.7% vs XPL's +41.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 96.4% revenue growth vs USAS's 5.3% | |
| Value | Lower P/E (9.1x vs 26.3x) | |
| Quality / Margins | 35.6% margin vs USAS's -56.2% | |
| Stability / Safety | Beta 0.97 vs USAS's 2.31, lower leverage | |
| Dividends | 0.1% yield; the other 3 pay no meaningful dividend | |
| Momentum (1Y) | +418.7% vs XPL's +41.1% | |
| Efficiency (ROA) | 16.3% ROA vs USAS's -26.1%, ROIC 15.3% vs -26.3% |
XPL vs CDE vs HL vs USAS — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
XPL vs CDE vs HL vs USAS — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
CDE leads in 2 of 6 categories
USAS leads 1 • XPL leads 1 • HL leads 0 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — CDE and HL each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CDE and XPL operate at a comparable scale, with $2.6B and $0 in trailing revenue. HL is the more profitable business, keeping 35.6% of every revenue dollar as net income compared to USAS's -56.2%. On growth, CDE holds the edge at +137.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $0 | $2.6B | $1.6B | $109M |
| EBITDAEarnings before interest/tax | -$4M | $1.2B | $853M | -$7M |
| Net IncomeAfter-tax profit | -$4M | $799M | $559M | -$61M |
| Free Cash FlowCash after capex | -$3M | $915M | $472M | -$52M |
| Gross MarginGross profit ÷ Revenue | — | +35.4% | +50.9% | +3.3% |
| Operating MarginEBIT ÷ Revenue | — | +39.4% | +44.1% | -25.5% |
| Net MarginNet income ÷ Revenue | — | +31.1% | +35.6% | -56.2% |
| FCF MarginFCF ÷ Revenue | — | +35.6% | +30.0% | -47.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +137.8% | +57.4% | +45.6% |
| EPS Growth (YoY)Latest quarter vs prior year | — | +4.9% | -160.0% | +55.3% |
Valuation Metrics
CDE leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 20.1x trailing earnings, CDE trades at a 45% valuation discount to HL's 36.9x P/E. On an enterprise value basis, CDE's 11.2x EV/EBITDA is more attractive than HL's 17.3x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $79M | $11.6B | $12.1B | $2.0B |
| Enterprise ValueMkt cap + debt − cash | $79M | $11.4B | $12.2B | $2.0B |
| Trailing P/EPrice ÷ TTM EPS | -19.48x | 20.13x | 36.92x | -15.19x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 9.10x | 19.07x | 26.30x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.39x | — | — |
| EV / EBITDAEnterprise value multiple | — | 11.19x | 17.25x | — |
| Price / SalesMarket cap ÷ Revenue | — | 5.62x | 8.53x | 20.24x |
| Price / BookPrice ÷ Book value/share | 3.03x | 3.56x | 4.58x | 12.65x |
| Price / FCFMarket cap ÷ FCF | — | 17.48x | 39.11x | — |
Profitability & Efficiency
CDE leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
HL delivers a 22.5% return on equity — every $100 of shareholder capital generates $23 in annual profit, vs $-122 for USAS. XPL carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to USAS's 0.45x. On the Piotroski fundamental quality scale (0–9), HL scores 8/9 vs USAS's 3/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -15.1% | +15.2% | +22.5% | -122.1% |
| ROA (TTM)Return on assets | -14.8% | +11.2% | +16.3% | -26.1% |
| ROICReturn on invested capital | -14.1% | +23.5% | +15.3% | -26.3% |
| ROCEReturn on capital employed | -18.7% | +23.9% | +16.8% | -21.6% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 | 8 | 3 |
| Debt / EquityFinancial leverage | 0.00x | 0.11x | 0.12x | 0.45x |
| Net DebtTotal debt minus cash | -$75,000 | -$188M | $57M | $4M |
| Cash & Equiv.Liquid assets | $82,000 | $554M | $242M | $20M |
| Total DebtShort + long-term debt | $7,000 | $365M | $299M | $24M |
| Interest CoverageEBIT ÷ Interest expense | — | 47.33x | 19.04x | -18.89x |
Total Returns (Dividends Reinvested)
USAS leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HL five years ago would be worth $25,033 today (with dividends reinvested), compared to $12,625 for XPL. Over the past 12 months, USAS leads with a +418.7% total return vs XPL's +41.1%. The 3-year compound annual growth rate (CAGR) favors USAS at 80.8% vs XPL's 12.4% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +26.6% | +3.2% | -4.1% | +24.9% |
| 1-Year ReturnPast 12 months | +41.1% | +216.1% | +271.0% | +418.7% |
| 3-Year ReturnCumulative with dividends | +42.1% | +414.6% | +194.9% | +490.7% |
| 5-Year ReturnCumulative with dividends | +26.2% | +96.0% | +150.3% | +35.7% |
| 10-Year ReturnCumulative with dividends | +64.0% | +149.9% | +360.6% | -5.1% |
| CAGR (3Y)Annualised 3-year return | +12.4% | +72.6% | +43.4% | +80.8% |
Risk & Volatility
XPL leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
XPL is the less volatile stock with a 0.97 beta — it tends to amplify market swings less than USAS's 2.31 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. XPL currently trades 88.2% from its 52-week high vs HL's 52.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.97x | 1.81x | 1.26x | 2.31x |
| 52-Week HighHighest price in past year | $0.98 | $27.77 | $34.17 | $10.50 |
| 52-Week LowLowest price in past year | $0.54 | $5.55 | $4.68 | $1.06 |
| % of 52W HighCurrent price vs 52-week peak | +88.2% | +65.2% | +52.9% | +60.8% |
| RSI (14)Momentum oscillator 0–100 | 51.1 | 49.3 | 46.6 | 56.3 |
| Avg Volume (50D)Average daily shares traded | 308K | 22.2M | 15.4M | 5.8M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Analyst consensus: CDE as "Buy", HL as "Hold", USAS as "Buy". Consensus price targets imply 60.1% upside for CDE (target: $29) vs 31.7% for HL (target: $24).
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | — | $29.00 | $23.83 | $9.75 |
| # AnalystsCovering analysts | — | 21 | 26 | 4 |
| Dividend YieldAnnual dividend ÷ price | — | — | +0.1% | — |
| Dividend StreakConsecutive years of raises | — | 0 | 0 | — |
| Dividend / ShareAnnual DPS | — | — | $0.01 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% | +0.0% | 0.0% |
CDE leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). USAS leads in 1 (Total Returns). 1 tied.
XPL vs CDE vs HL vs USAS: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is XPL or CDE or HL or USAS a better buy right now?
For growth investors, Coeur Mining, Inc.
(CDE) is the stronger pick with 96. 4% revenue growth year-over-year, versus 5. 3% for Americas Gold and Silver Corporation (USAS). Coeur Mining, Inc. (CDE) offers the better valuation at 20. 1x trailing P/E (9. 1x forward), making it the more compelling value choice. Analysts rate Coeur Mining, Inc. (CDE) a "Buy" — based on 21 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — XPL or CDE or HL or USAS?
On trailing P/E, Coeur Mining, Inc.
(CDE) is the cheapest at 20. 1x versus Hecla Mining Company at 36. 9x. On forward P/E, Coeur Mining, Inc. is actually cheaper at 9. 1x.
03Which is the better long-term investment — XPL or CDE or HL or USAS?
Over the past 5 years, Hecla Mining Company (HL) delivered a total return of +150.
3%, compared to +26. 2% for Solitario Zinc Corp. (XPL). Over 10 years, the gap is even starker: HL returned +360. 6% versus USAS's -5. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — XPL or CDE or HL or USAS?
By beta (market sensitivity over 5 years), Solitario Zinc Corp.
(XPL) is the lower-risk stock at 0. 97β versus Americas Gold and Silver Corporation's 2. 31β — meaning USAS is approximately 139% more volatile than XPL relative to the S&P 500. On balance sheet safety, Solitario Zinc Corp. (XPL) carries a lower debt/equity ratio of 0% versus 45% for Americas Gold and Silver Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — XPL or CDE or HL or USAS?
By revenue growth (latest reported year), Coeur Mining, Inc.
(CDE) is pulling ahead at 96. 4% versus 5. 3% for Americas Gold and Silver Corporation (USAS). On earnings-per-share growth, the picture is similar: Hecla Mining Company grew EPS 765. 7% year-over-year, compared to -5. 0% for Americas Gold and Silver Corporation. Over a 3-year CAGR, CDE leads at 38. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — XPL or CDE or HL or USAS?
Coeur Mining, Inc.
(CDE) is the more profitable company, earning 28. 3% net margin versus -44. 9% for Americas Gold and Silver Corporation — meaning it keeps 28. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HL leads at 37. 5% versus -26. 2% for USAS. At the gross margin level — before operating expenses — HL leads at 41. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is XPL or CDE or HL or USAS more undervalued right now?
On forward earnings alone, Coeur Mining, Inc.
(CDE) trades at 9. 1x forward P/E versus 26. 3x for Americas Gold and Silver Corporation — 17. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for CDE: 60. 1% to $29. 00.
08Which pays a better dividend — XPL or CDE or HL or USAS?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is XPL or CDE or HL or USAS better for a retirement portfolio?
For long-horizon retirement investors, Solitario Zinc Corp.
(XPL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 97)). Americas Gold and Silver Corporation (USAS) carries a higher beta of 2. 31 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (XPL: +64. 0%, USAS: -5. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between XPL and CDE and HL and USAS?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: XPL is a small-cap quality compounder stock; CDE is a mid-cap high-growth stock; HL is a mid-cap high-growth stock; USAS is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.