Hecla Mining pany(HL)

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Hecla Mining (HL) Q4 Earnings Match Estimates
ZACKS· 2025-02-13 23:51
Hecla Mining (HL) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this precious metals company would post earnings of $0.02 per share when it actually produced earnings of $0.03, delivering a surprise of 50%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Hecla Mining, which belon ...
2024 silver price rally drive Hecla's record sales revenue
KITCO· 2025-02-13 23:26
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Hecla Mining pany(HL) - 2024 Q4 - Annual Results
2025-02-13 22:18
Exhibit 99.1 Hecla Reports Fourth Quarter and Full Year 2024 Results Record revenues, Second highest silver reserves, Second highest silver production, Deleveraging continues COEUR D'ALENE, IDAHO - February 13, 2025 - Hecla Mining Company (NYSE:HL) ("Hecla", "we", "our" or the "Company") today announced fourth quarter and full year 2024 financial and operating results. Krcmarov continued, "As we advance into 2025, our key priorities include driving operational excellence through standardized systems and pro ...
Hecla Mining pany(HL) - 2024 Q4 - Annual Report
2025-02-13 21:35
Financial Performance - Total revenues for the year ended December 31, 2024, were $929.9 million, with a net income of $35.8 million [399]. - The cost of sales amounted to $548.2 million, resulting in a gross profit margin of approximately 41% [399]. - The company reported a comprehensive income of $19.7 million for the year, reflecting a significant recovery from previous losses [399]. - Cash and cash equivalents totaled $26.9 million as of December 31, 2024, indicating a stable liquidity position [398]. - Long-term debt stood at $508.9 million, with current liabilities totaling $197.8 million [398]. - The company’s total assets were valued at $2.98 billion, with significant investments in subsidiaries amounting to $2.45 billion [398]. - Deferred tax liabilities were recorded at $110.3 million, highlighting the company's tax position [398]. - The company declared preferred stock dividends of $552,000, impacting the income applicable to common stockholders [399]. - Exploration and pre-development expenses totaled $27.3 million, reflecting ongoing investment in future projects [399]. - The company utilized inter-company advances to support subsidiaries that do not generate sufficient cash flow, indicating a strategic approach to capital management [395]. Risks and Challenges - A substantial or extended decline in metals prices could materially adversely affect the company's financial results [16]. - The company has a significant amount of debt, which may impair financial health and hinder the ability to meet obligations [16]. - The company recorded net operating losses, which could recur in the future, impacting the recognition of deferred tax assets [16]. - The company derives a significant portion of revenue from a small number of customers, increasing revenue concentration risk [16]. - The company is involved in ongoing legal disputes that could hinder project development in Montana [20]. - The company faces complex and evolving environmental regulations that could impose significant costs and affect operations [20]. - The company has estimated its environmental and asset retirement obligations, which may exceed recognized liabilities [20]. Accounting and Valuation - The company assesses mineral reserves and resources annually, which are critical for property valuation and future cash flow forecasts [380]. - The company is evaluating the impact of new accounting standards on its consolidated financial statements and disclosures [388]. Price Management - The company utilizes forward contracts to manage exposure to price changes for silver, gold, zinc, and lead, impacting financial results [378].
Has Hecla Mining (HL) Outpaced Other Basic Materials Stocks This Year?
ZACKS· 2025-02-10 15:40
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Hecla Mining (HL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Hecla Mining is a member of the Basic Materials sector. This group includes 233 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in order from best to w ...
Wall Street Analysts See a 46.57% Upside in Hecla Mining (HL): Can the Stock Really Move This High?
ZACKS· 2025-01-15 15:55
Shares of Hecla Mining (HL) have gained 1.1% over the past four weeks to close the last trading session at $5.39, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $7.90 indicates a potential upside of 46.6%.The average comprises nine short-term price targets ranging from a low of $6.60 to a high of $11.50, with a standard deviation of $1.48. While the lowest estimate indicates an ...
Will Hecla Mining (HL) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-13 18:21
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Hecla Mining (HL) , which belongs to the Zacks Mining - Silver industry.This precious metals company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 75%.For the last reported quarter, Hecla Mining came out with earnings of $0.03 pe ...
Are Basic Materials Stocks Lagging Hecla Mining (HL) This Year?
ZACKS· 2025-01-07 15:41
For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Hecla Mining (HL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Hecla Mining is a member of our Basic Materials group, which includes ...
Hecla Mining: Back On The Sale Rack
Seeking Alpha· 2024-12-19 16:16
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in HL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaime ...
Hecla Mining pany(HL) - 2024 Q3 - Earnings Call Transcript
2024-11-07 18:45
Hecla Mining Company (NYSE:HL) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Anvita Patil - VP, IR and Treasurer Cassie Boggs - Interim President and CEO Rob Krcmarov - Incoming President and Chief Executive Officer Russell Lawlar - SVP and CFO Carlos Aguiar - VP, of Operations Kurt Allen - VP, Exploration Conference Call Participants Lucas Pipes - B. Riley Heiko Ihle - H.C. Wainwright Mike Parkin - National Bank Sean Wondrack - Deutsche Bank Joseph Reagor - Roth Capital ...