HL
Hecla Mining Company19.02
+0.18+0.96%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Exploration budget surges sharply
Q&A revealed a major exploration ramp-up, with budgets swelling beyond this year's levels for Nevada brownfields, Rackla greenfields, and new project generation via earn-ins—details absent from prepared remarks. Keno Hill clarified: commercial production slips to 2027, full ramp 2028 pending water permit, meeting just one of five criteria so far. Inflation persists in labor, contractors, drilling, and reagents, but stays muted. Guidance stays conservative despite YTD beats, tied to seasonal profiles. Nevada promises fastest production track. Investors eye drill results.
Key Stats
Market Cap
12.75BP/E (TTM)
61.35Basic EPS (TTM)
0.31Dividend Yield
0%Recent Filings
8-K
Clary exits SVP role
Hecla Mining's Senior VP and Chief Administrative Officer Michael L. Clary steps down effective December 31, 2025, shifting to consultant on January 1, 2026. He secures supplemental severance of two $417,036.43 payments for release and covenants. Leadership transitions smoothly. No interim coverage disclosed.
10-Q
Q3 FY2025 results
Hecla Mining surged ahead in Q3 2025, posting record sales of $409.5 million, up 67% year-over-year, fueled by higher silver and gold prices alongside boosted production across its key mines. Gross profit soared to $180.5 million from $59.3 million last year, with operating income climbing to $148.6 million versus $22.5 million, while diluted EPS hit $0.15 from near zero—reconciled cleanly against 671.9 million shares. Strong cash flow from operations reached $345.6 million year-to-date, enabling full debt repayment including $212 million in Senior Notes, leaving $133.9 million in cash and $218.3 million available on its revolver. Yet regulatory hurdles at Keno Hill, like permitting delays from regional incidents, could crimp output growth.
8-K
Hecla smashes Q3 records
Hecla Mining smashed records in Q3 2025, posting $409.5 million revenue and $100.6 million net income, fueled by soaring silver and gold prices plus 27% more silver ounces sold. Deleveraging slashed net leverage to 0.3x with the revolver repaid and cash at $133.9 million; free cash flow hit $90.1 million. Yet Lucky Friday costs climbed on labor and insurance hikes. Guidance tightens silver output to 16.2-17.0 million ounces.
8-K
Casa Berardi update at forum
Hecla Mining Company will present at the Gold Forum Americas 2025 on September 16, 2025, in Colorado Springs, delivering an update on its Casa Berardi operations in Quebec. The event features CEO Rob Krcmarov at 2:20 PM Mountain Time, with slides attached and a live webcast available. This disclosure highlights ongoing developments at the key gold mine. No specific operational or financial details emerge yet.
8-K
Hecla redeems senior notes
Hecla Mining Company redeemed $212 million of its 7.25% Senior Notes due 2028 on August 18, 2025, after receiving notice from the trustee, paying a total of $216 million including a $3.8 million call premium and $0.2 million in accrued interest. This action reduces the company's outstanding debt from the original $475 million issuance. Debt reduction strengthens the balance sheet amid mining sector volatility.
IPO
Website
Employees
Sector
Industry
AEM
Agnico Eagle Mines Limited
166.53-1.87
AHNRF
Athena Gold Corporation
0.05+0.00
ASM
Avino Silver & Gold Mines Ltd.
6.17+0.09
BHLL
Bunker Hill Mining Corp.
0.18-0.02
CDE
Coeur Mining, Inc.
16.89-0.02
EXK
Endeavour Silver Corporation
9.32+0.19
HBM
Hudbay Minerals Inc.
18.57-0.28
HGLD
Patagonia Gold Corp.
0.11+0.01
THMG
Thunder Mountain Gold, Inc.
0.88+0.01
USGDF
American Pacific Mining Corp.
0.12-0.01