Loading...
•
Dec 31, 2019
Hecla Q4 2019 Earnings Report
Continued a strong second half of 2019 and reported record annual revenue, gold production and silver reserves.
Key Takeaways
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.
Fourth quarter sales of $225 million.
Cash flow from operations of $57 million.
Net loss of $8.0 million.
Adjusted EBITDA of $62 million.
Hecla
Hecla
Forward Guidance
In 2020, at current prices, we expect continued strong cash flow generation with the ongoing solid performance at Greens Creek, the ramp-up of Lucky Friday, expected improvements at Casa Berardi and the potential mine life extension at San Sebastian from the Hugh Zone.
Positive Outlook
- Continued strong cash flow generation with the ongoing solid performance at Greens Creek
- Ramp-up of Lucky Friday
- Expected improvements at Casa Berardi
- Potential mine life extension at San Sebastian from the Hugh Zone
- Senior Notes