Welcome to our dedicated page for Hecla Mining Co SEC filings (Ticker: HL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Hecla Mining Company (NYSE: HL) SEC filings page on Stock Titan provides structured access to the company’s regulatory disclosures filed with the U.S. Securities and Exchange Commission. As a long-established silver and gold producer and NYSE-listed issuer, Hecla reports material events, financial results, capital structure changes, and governance matters through forms such as 8-K, alongside its periodic reports.
Recent 8-K filings describe several types of information. Hecla has furnished news releases detailing its quarterly operating and financial results, including revenue, net income, adjusted EBITDA, production metrics, and cash flow. Other 8-Ks report dividend declarations on common stock and Series B Cumulative Convertible Preferred Stock, partial redemptions of its 7.25% Senior Notes due 2028, and updates on presentations at investor conferences.
The company has also filed an 8-K regarding a senior executive’s transition from an officer role to a consulting arrangement, outlining separation terms and referencing a change in control and severance agreement. These filings provide insight into Hecla’s capital allocation, balance sheet management, and aspects of its executive arrangements.
On Stock Titan, each new Hecla filing is captured as it becomes available from EDGAR, with AI-powered summaries to help readers quickly understand the key points in documents that can be technical or lengthy. Users can review current and historical 8-Ks and, when available, annual reports on Form 10-K, quarterly reports on Form 10-Q, and insider transaction reports on Form 4. This page is intended to help investors and researchers follow how Hecla discloses its financial performance, corporate actions, and material developments through official SEC filings.
Hecla Mining Company filed its annual report outlining operations, risks and a major portfolio shift. The company agreed to sell its Casa Berardi mine owner, Hecla Quebec Inc., to Orezone Gold for up to $593 million in cash, shares, deferred and contingent payments, with closing targeted in the first quarter of 2026, subject to approvals.
Hecla reported volatile performance, moving from a net loss of $84.2 million in 2023 to net income of $35.8 million in 2024 and $321.7 million in 2025, helped by sharply higher realized silver and gold prices. As of June 30, 2025, non‑affiliate common stock market value was $3.94 billion, with 663.1 million shares outstanding, rising to 670.3 million by February 12, 2026.
The business is organized around four mines—Greens Creek, Lucky Friday, Keno Hill and Casa Berardi—with Casa Berardi contributing 23% of 2025 metals sales. The report details extensive financial, operational, climate, environmental, permitting and geopolitical risks, and highlights heavy reliance on a few large customers and counterparties, as well as complex reclamation obligations, particularly at Keno Hill.
Hecla Mining Company reported a record 2025 performance with over $1.4 billion in revenue, up 53% from 2024, and net income applicable to common stockholders of $321 million, or $0.49 per share. Adjusted EBITDA reached $670 million, nearly double the prior year, while cash provided by operating activities rose to $563 million and free cash flow climbed to $310 million.
Net debt fell to $34 million as total debt dropped to $276 million and the net debt to adjusted EBITDA ratio improved to 0.1x from 1.6x. Consolidated silver production increased to 17.0 million ounces and gold production to 151 thousand ounces, both above prior year levels. The company declared a quarterly dividend of $0.00375 per common share and $0.875 per Series B preferred share.
For 2026, Hecla guides consolidated silver production of 15.1–16.5 million ounces and gold production of 65.0–72.0 thousand ounces, reflecting the expected first-quarter 2026 sale of the Casa Berardi mine for total consideration of up to $593 million. Silver cash cost guidance after by-product credits is ($1.50)–($1.25) per ounce and all-in sustaining cost is $15.00–$16.25 per ounce. The company plans $216–$238 million of total capital investment and $55 million of exploration and pre-development spending in 2026.
Hecla Mining Company released detailed year-end 2025 mineral reserve and resource figures and highlighted strong exploration results at Greens Creek, Keno Hill and Midas. Proven and probable reserves total about 231 million ounces of silver, plus gold, lead and zinc across multiple North American assets.
The company spent $25.2 million on exploration and corporate development and $2.5 million on pre-development in 2025, and plans to lift exploration and pre-development spending to $55 million in 2026. Management aims to more than replace annual reserve depletion and maintain what it describes as industry-leading reserve mine life.
The reserve and resource totals currently include Hecla Quebec Inc. and the Casa Berardi mine, which are subject to a pending sale to Orezone Gold Corporation previously announced for up to $593 million. If that transaction closes, those associated reserves and resources would no longer belong to Hecla.
State Street Corporation filed a Schedule 13G reporting beneficial ownership of Hecla Mining common stock. As of 12/31/2025, it beneficially owned 32,276,284 shares, representing 4.8% of the outstanding common stock.
State Street reported 0 shares with sole voting or dispositive power, 30,202,611 shares with shared voting power, and 32,276,284 shares with shared dispositive power. It certified that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Hecla Mining.
Hecla Mining Company entered into a definitive agreement to sell its wholly owned subsidiary Hecla Quebec Inc., which owns the Casa Berardi operation and a portfolio of exploration properties in Quebec, to Orezone Gold Corporation for up to $593 million in total consideration. The transaction is expected to close in the first quarter of 2026, subject to certain conditions being satisfied. Hecla also issued a news release about the transaction, which is included as an exhibit along with the full agreement outlining detailed terms, representations and warranties.
Hecla Mining Company furnished an update that it has issued a news release with preliminary production and financial results for the fourth quarter and full year ended December 31, 2025. These figures are described as preliminary and may change after management’s final review and the work of the company’s independent registered accounting firm.
The company also announced it will host an Investor Day in New York City on January 26, 2026, with a live webcast beginning at 12:30 p.m. Eastern Time. Slides and materials for the event, including the presentation and the preliminary results release, are available as exhibits and on Hecla’s website.
BlackRock, Inc. has filed an amended Schedule 13G reporting its beneficial ownership in Hecla Mining Company common stock. BlackRock reports beneficial ownership of 84,039,884 shares, representing 12.5% of Hecla’s outstanding common stock, with 82,391,719 shares having sole voting power and all 84,039,884 shares subject to sole dispositive power.
The filing explains that these holdings reflect securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and excludes other disaggregated units. BlackRock states that the shares were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Hecla Mining Company.
Hecla Mining Company insider activity: Vice President of Exploration Kurt Allen reported multiple transactions in Hecla Mining common stock on 01/06/2026. He sold 9,560 shares at a price of $22.0034 per share and 42,659 shares at $21.8865 per share in open market sales. After these sales, he directly owned 216,641 common shares, which include 121,789 unvested performance-based units and 94,852 unvested restricted stock units. He also held an additional 23,774 shares indirectly through his 401(k) plan, estimated from 2,250.303 units in the company’s capital accumulation plan.
A shareholder of Hecla Mining Company has filed a notice to sell up to 52,219 shares of common stock on the NYSE. The shares have an indicated aggregate market value of $1,134,719.00 and the approximate sale date listed is 01/06/2026. The filing notes that 669,194,000 shares of common stock were outstanding.
The securities to be sold were acquired from Hecla Mining Company through equity compensation: 23,305 common shares were received as LTIP performance-based shares on 02/24/2025, and 28,914 common shares were received as vested restricted stock on 06/23/2025. Sales are to be executed through broker Harris Financial Advisers in Meridian, Idaho.
Hecla Mining Company reported a leadership change involving one of its senior officers. Effective December 31, 2025, Michael L. Clary ceased serving as Senior Vice President and Chief Administrative Officer. Effective January 1, 2026, his employment with Hecla will terminate and he will move into a consultant role with the company.
Hecla and Mr. Clary entered into a separation agreement that provides supplemental severance in two annual installment payments of $417,036.43 each. These payments are in exchange for a release and customary covenants, including non-disparagement and confidentiality. The company states that this termination is treated as a “Qualifying Termination Outside of the Change in Control Period” under a previously disclosed change in control and severance agreement dated June 5, 2025.