Welcome to our dedicated page for Hecla Mining Co news (Ticker: HL), a resource for investors and traders seeking the latest updates and insights on Hecla Mining Co stock.
Hecla Mining Company (HL) maintains this dedicated news hub for investors and stakeholders tracking developments in precious metals mining. Our curated collection provides timely access to official press releases, operational updates, and financial disclosures from North America's largest silver producer.
Key resources include: Quarterly earnings reports detailing production volumes from flagship operations like Greens Creek, strategic acquisition announcements, safety and sustainability initiatives, and leadership updates. All content is sourced directly from company filings and vetted for accuracy.
Bookmark this page to monitor Hecla's progress in silver, gold, and zinc production across its U.S., Canadian, and Mexican operations. Regular updates provide insights into mine development timelines, commodity market positioning, and operational efficiency metrics critical for informed analysis of this NYSE-listed mining enterprise.
Hecla Mining Company (NYSE:HL) announced promising Q1 2021 exploration results, revealing significant mineralization at the Midas and San Sebastian properties. High-grade intercepts at Midas included 5.52 oz/ton gold and 8.9 oz/ton silver over 20.3 feet. The amended operational plan allows expanded access for drilling, with exploration expenditures up by $3.4 million to $6.0 million, expected to reach $40 million for 2021. San Sebastian drilling showed promising results as well, confirming a strike length of 1,500 feet at the El Bronco Vein. The company aims to increase drill rigs from two to four by year-end.
Hecla Mining Company (NYSE:HL) announces a $0.01 increase in its silver-linked dividend, reflecting confidence in its cash flow and position as the largest silver producer in the U.S. This change applies for every $5 rise in the quarterly average realized silver price above $25 per ounce. As Hecla's recent priced at $25.66 met dividend criteria, shareholders will receive this enhanced payout. The new quarterly and annualized dividend structure is outlined, indicating increased dividends correlated with higher silver prices.
Hecla Mining Company (NYSE:HL) reported strong Q1 2021 financial results, achieving $210.9 million in sales, a 54% increase year-over-year. Gross profit surged to $64.8 million, yielding a net income of $18.8 million or $0.04 per share. Silver production rose by 7% to 3.5 million ounces. The company highlighted a record Adjusted EBITDA of $86.1 million and improved liquidity with $139.8 million in cash. The board increased the silver-linked dividend by 50% at the $25 per ounce threshold. Overall, Hecla expects consistent cash flow growth throughout 2021.
Hecla Mining Company (NYSE:HL) will release its first quarter 2021 financial results before market opening on May 6, 2021. A conference call and webcast to discuss the results will take place at 10:00 a.m. ET on the same day. Participants can join the call by dialing the toll-free number or accessing the live webcast hosted on Hecla's official website. Established in 1891, Hecla is the largest silver producer in the U.S., with operations in various significant mining districts.
Hecla Mining Company (NYSE:HL) CEO Phillips S. Baker, Jr. will present at the World Gold Forum on April 13, 2021, at 12:00 p.m. (ET), with a webcast available online. Additionally, he is scheduled to speak at the H.C. Wainwright Spring Mining Conference on April 20, 2021, at 3:00 p.m. (ET), also with a webcast. Hecla Mining, founded in 1891, is the largest silver producer in the U.S. and operates in Alaska, Idaho, and Quebec, boasting numerous exploration properties across North America.
Hecla Mining Company (NYSE:HL) reported preliminary production results for Q1 2021. Silver production increased by 7% to 3.5 million ounces, driven by Lucky Friday. Gold production fell by 12% to 52,004 ounces due to reduced less profitable production. Increases were noted in zinc and lead output at 25% and 82%, respectively. The cash position exceeded $135 million, marking the fourth consecutive quarter of rising cash balances, attributed to free cash flow generation.
Hecla Mining Company (NYSE:HL) announced a new CEO webcast titled Hecla’s Unique Dividend Policy, scheduled for April 1, 2021. This webcast is part of a series aimed at providing insights into the Company's dividend policies. The videos will be accessible on Hecla's website and various social media platforms. Founded in 1891, Hecla is recognized as the largest silver producer in the United States, with operational mines in Alaska, Idaho, and Quebec, Canada, alongside several exploration properties and projects.
Hecla Mining Company (NYSE:HL) announced that President and CEO, Phillips S. Baker, Jr., will present at the Extractive Industry Investment Options Virtual Conference. His talk, titled "Silver: The Technometal – New Demand, New Policy, New Future," is set for Wednesday, March 31, at 12:00 p.m. ET. The conference will highlight global investment opportunities in the extractive industry. To register for the free event, visit www.virtualinvestorconferences.com. Hecla is the largest silver producer in the U.S. with active mines in Alaska and Idaho.
Hecla Mining Company (NYSE:HL) has announced the release of a new CEO webcast titled Hecla’s 7 Key Attributes, part of an ongoing series. This webcast aims to provide insights into the company, silver market, and industry trends. It will be available on the company’s official website and various social media platforms. Founded in 1891, Hecla is the largest silver producer in the U.S., with operations in Alaska, Idaho, and Quebec, Canada, along with multiple exploration and pre-development projects in North America.
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