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Jun 30, 2020
Hecla Q2 2020 Earnings Report
Hecla reported 24% higher revenues driven by increased production and higher prices.
Key Takeaways
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.
All mines in operation (non-U.S. mines had government-mandated shutdowns of less than a month).
Sales of $166.4 million, an increase of 24% over prior year period.
Gross profit of $34.1 million, an increase of $54.3 million over prior year period.
Silver production of 3.4 million ounces and gold production of 59,982 ounces.
Hecla
Hecla
Hecla Revenue by Segment
Revenue by Segment
Greens Creek Revenue
CapyFin.comLucky Friday Revenue
CapyFin.comCasa Berardi Revenue
CapyFin.com Forward Guidance
Hecla maintains its annual silver and gold production and cost guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income