Hecla Earnings Reports

Hecla delivered a significant YoY revenue increase, driven by higher silver production and realized prices. The company achieved profitability with a net income of $11.79M, a strong improvement from last year’s loss. Free cash flow turned positive, and Hecla continued deleveraging.

Hecla Mining Company reported third quarter 2024 financial results with revenues of $245.1 million and net income applicable to common stockholders of $1.6 million, or $0.00 per share. The company produced 3.6 million silver ounces and reduced total debt by $50.6 million.

Hecla Mining Company reported record revenues of $245.7 million in Q2 2024, driven by the second highest silver production in company history and strong performance from Greens Creek and Lucky Friday mines. The company generated positive free cash flow of $28.3 million, which allowed them to reduce net debt by $25.1 million. Net income applicable to common stockholders was $27.7 million, or $0.04 per share.

Hecla Mining Company reported a net loss of $5.9 million, or ($0.01) per share, and an adjusted net income of $6.5 million, or $0.01 per share, on sales of $189.5 million. The company produced 4.2 million ounces of silver and 36,592 ounces of gold. The Lucky Friday mine ramped up to full production, contributing significantly to the increased silver output. Hecla reiterated its 2024 production and cost guidance.

Hecla Mining Company reported its fourth quarter and full year 2023 results, with the second highest revenues and silver production in company history. Lucky Friday restarted production, Greens Creek achieved record throughput, Casa Berardi exceeded expectations, and Keno Hill focused on improving safety and environmental performance.

Hecla Mining Company reported sales of $181.9 million, with 38% from silver and 36% from gold. The net loss applicable to common stockholders was ($22.6) million, or ($0.04) per share, while adjusted net loss was ($3.5) million, or ($0.01) per share.

Hecla Mining Company reported a net loss of $(15.8) million, or $(0.03) per share, and an adjusted net income of $15.1 million, or $0.03 per share. Sales reached $178.1 million, driven by silver and gold. The company affirmed its silver production and cost guidance, while adjusting gold production guidance due to reduced underground mining and wildfires at Casa Berardi.

Hecla Mining Company reported a net loss of $3.3 million, or $0.01 per share, but an adjusted net income of $6.6 million, or $0.01 per share, for the first quarter of 2023. The company saw its silver revenues exceed gold revenues for the second consecutive quarter, driven by strong production at Greens Creek and Lucky Friday mines. Hecla also produced 4.0 million ounces of silver and had record quarterly gold production at Greens Creek.

Hecla Mining Company announced fourth quarter and full-year 2022 financial and operating results, including record silver reserves and second highest silver production in history. The company completed the acquisition of Alexco Resource Corp., adding nearly 50 million ounces of silver reserves. Hecla expects to set new production records in 2023 and 2024.

Hecla Mining Company reported a net loss applicable to common stockholders of $(23.7) million, or $(0.04) per share, for the third quarter of 2022. Revenue was $146.3 million. The results were impacted by lower realized prices for all metals and the deferral of silver concentrate shipments from Greens Creek and Lucky Friday to the fourth quarter.

Hecla Mining Company reported a mixed second quarter of 2022. While silver and gold production increased, the company experienced a net loss applicable to common shareholders of $13.7 million, or $0.03 per share. However, adjusted net income was $20.1 million, or $0.04 per share. Sales reached $191.2 million, a 3% increase over the prior quarter.

Hecla Mining Company reported sales of $186.5 million with silver production of 3.3 million ounces. The company generated $16.4 million in free cash flow after semi-annual interest payments, and income applicable to common shareholders was $4.0 million, or $0.01 per share.

Hecla Mining Company announced Q4 and full-year 2021 financial results, highlighting record annual revenue and the second-highest cash flow from operations and free cash flow in the company's history.

Hecla Mining Company reported sales of $193.6 million, consistent with the prior year quarter, and generated $15.8 million of quarterly free cash flow. Casa Berardi achieved record quarterly throughput, and the company purchased carbon credits to offset scope 1 and scope 2 emissions for net zero emissions in 2021.

Hecla Mining Company reported a 31% increase in sales, reaching $218.0 million, driven primarily by silver sales. The company's gross profit increased by $25.2 million, and it generated $54.4 million in quarterly free cash flow. Silver production increased by 4% to 3.5 million ounces, while gold production decreased slightly by 1% to 59,139 ounces.

Hecla Mining Company reported a strong first quarter in 2021, achieving the second-highest sales in its history, a new record for EBITDA, and significant free cash flow generation. The company increased its silver-linked dividend and anticipates further cash flow increases throughout the year.

Hecla Mining Company reported fourth quarter sales of $188.9 million, cash flow from operations of $64.9 million, and free cash flow of $28.3 million. The company's net income was $0.8 million, with an adjusted net income applicable to common shareholders of $13.0 million, or $0.02 per share.

Hecla Mining Company announced strong Q3 2020 results due to strong operating performance and higher prices, including record adjusted EBITDA and the most free cash flow in a decade. The company also repaid its revolver in full and ramped up Lucky Friday ahead of schedule.

Hecla Mining Company reported a 24% increase in sales to $166.4 million compared to the prior year period. The company's mines were all in operation, with silver production of 3.4 million ounces and gold production of 59,982 ounces, generating $26.7 million of quarterly free cash flow.

Hecla Mining Company reported first quarter financial results with sales of $136.9 million, silver production of 3.2 million ounces, and gold production of 58,792 ounces. The company experienced a net loss of $17.2 million, impacted by lower provisional prices for a Greens Creek shipment and the COVID-19 related shutdown of Casa Berardi.

Hecla Mining Company reported fourth quarter sales of $225 million with a net loss of $8.0 million. The company had cash flow from operations of $57 million and adjusted EBITDA of $62 million.