Hecla Mining Co Stock Price, News & Analysis

Hecla Mining Company (NYSE:HL) has announced a partial redemption of $212 million of its outstanding $475 million 7.25% Senior Notes due 2028. The company raised funds through its At-The-Market (ATM) facility, selling 36 million common shares at an average price of $6.10 per share.

The redemption price will be 101.813% of the principal amount and is expected to occur around August 19, 2025. Additionally, Hecla has fully repaid its CAD$50 million Senior Notes to Investissement Quebec using free cash flow.

The company plans to reinvest interest savings into three key areas: optimizing current production, expanding exploration programs, and advancing development projects.

Hecla Mining Company (NYSE:HL) has scheduled its second quarter 2025 financial results release for August 6, 2025, after the NYSE market close. The company will host a conference call and webcast to discuss the results on August 7, 2025 at 10:00 a.m. Eastern Time.

Investors can access the webcast through Hecla's website or the provided Q4 link. For those joining by phone, toll-free access is available for U.S. and Canadian participants at 1-800-715-9871, while international callers can dial 1-646-307-1963 using conference ID 4812168.

Hecla Mining Company (NYSE:HL) has released its 2024 Sustainability Report, showcasing significant achievements in ESG performance. The company achieved its second-highest silver production while maintaining strong environmental standards. Key highlights include: over $1 billion in direct economic impact to local communities, 40,000+ hours of safety & health training, 38% female representation on the Board of Directors, and a 38% reduction in Scope 1 & 2 GHG emissions from 2019 baseline. The report aligns with major reporting frameworks including GRI Standards, SASB Metals and Mining standards, TCFD, and TSM framework. In 2025, Hecla's subsidiary ERDC will undertake its largest Yukon reclamation project to restore historically mined areas.

Hecla Mining (NYSE:HL) reported strong Q1 2025 results with record revenues of $261.3M, up 5% from previous quarter, and record Adjusted EBITDA of $90.8M. Net income was $28.7M ($0.05 per share). The company produced 4.1M ounces of silver and 34,232 ounces of gold. Key highlights include Keno Hill's first profitable quarter ($1.0M gross profit) under Hecla ownership, Lucky Friday's new quarterly milling record of 108,745 tons, and improved net leverage ratio of 1.5x. Silver operations reported cash costs of $1.29/oz and AISC of $11.91/oz. The company's strategic priorities for 2025 include strengthening balance sheet, advancing Keno Hill, optimizing Casa Berardi operations, and implementing standardized enterprise systems for improved efficiency.

Hecla Mining Company (NYSE:HL) has scheduled the release of its first quarter 2025 operational and financial results after the NYSE market close on May 1, 2025. The company will host a conference call and webcast to discuss the results on May 2, 2025 at 10:00 a.m. Eastern Time.

Investors and interested parties can access the webcast through the company's website at www.hecla.com under the Investors section or directly via Q4's event platform. For those preferring to join by phone, toll-free access is available for U.S. and Canadian participants at 1-800-715-9871, while international callers can dial 1-646-307-1963 using the conference ID 4812168.

Hecla Mining Company (NYSE:HL) announced that its Libby Exploration Project in Montana has been selected for the FAST-41 Critical Minerals Dashboard under the Trump Administration's Executive Order 14241. This designation, announced on March 18, 2025, aims to advance critical mineral projects and increase American mineral production.

The FAST-41 dashboard inclusion ensures public transparency of the project's environmental review and authorization schedule. The Libby Project, located 50 miles from Hecla's Lucky Friday mine, is a significant silver and copper deposit currently under Environmental Assessment review by the U.S. Forest Service.

CEO Rob Krcmarov emphasized that while this priority status acknowledges the strategic importance of domestic silver and copper resources and should streamline the permitting process, the company will maintain disciplined capital allocation focusing on shareholder value as they evaluate project economics and address technical challenges.

Hecla Mining Company (NYSE:HL) announced that Loralee Johnstone, Director of Indigenous Affairs and Canadian Community Relations, has been awarded the prestigious King Charles III Coronation Medal. The national honor recognizes individuals who demonstrate exceptional leadership, service, and dedication to their communities.

The medal, administered by the Chancellery of Honors at Rideau Hall in Ottawa, acknowledges Johnstone's commitment to championing responsible and sustainable mining practices in the Yukon. Rob Krcmarov, President and CEO, expressed pride in Johnstone's achievement, highlighting how it reinforces Hecla's commitment to environmental and community stewardship.

Hecla Mining Company (NYSE:HL) reported strong financial results for Q4 and full-year 2024, achieving record revenues of $929.9 million and net income of $35.3 million ($0.06 per share). The company generated record Adjusted EBITDA of $337.9 million and improved its net leverage ratio to 1.6x from 2.7x.

Operationally, Hecla achieved its second-highest silver reserves at 240 million ounces and second-highest silver production at 16.2 million ounces. Lucky Friday mine set multiple records including highest ore tonnage and zinc production in its 80-year history. Keno Hill produced 2.8 million ounces of silver while increasing reserves by 17% to 64.3 million ounces.

For 2025, Hecla's strategic priorities include strengthening the balance sheet, advancing Keno Hill's permitting, optimizing Casa Berardi operations, and implementing standardized enterprise systems. The company has also streamlined its dividend policy by eliminating the silver-linked component to pursue growth opportunities.

Hecla Mining Company (NYSE:HL) reported its exploration results and year-end mineral reserves, achieving the second-highest silver reserves in its 134-year history at 240 million ounces, just 1 million ounces below its 2022 peak. The company successfully replaced most of its silver production from reserves and grew Keno Hill reserves by 17% to 64 million silver ounces.

Key achievements include maintaining gold reserves with production replacement, demonstrating robust economics using conservative pricing ($22/oz silver, $1,900/oz gold), and discovering high-grade zones across multiple properties. Notable exploration success was reported at both Keno Hill and Greens Creek, with exceptional silver grades over mineable widths at the Bermingham Footwall and Main Vein zones.

The company's year-end 2024 position shows Measured and Indicated silver resources at 180 million ounces and Inferred silver resources at 492 million ounces, while gold reserves stand at 2.2 million ounces.