经济观察网 赫克拉矿业（HL）于2026年2月17日发布的2025财年第四季度及全年财报显示，其业绩在 多方面表现突出。 核心矿山（如Greens Creek、Keno Hill）实现满产，白银产量持续增长，Keno Hill矿扭亏为盈，爬坡成 本同比减少2900万美元。单位开采成本优化，进一步推高毛利率至55.4%。 行业政策现状 受益于贵金属价格高位及工业需求（如光伏、电子领域用银），公司作为北美最大白银生产商，在政策 稳定的区域运营，抗风险能力增强。2026年指引聚焦产能稳步释放与成本控制。 业绩经营情况 2025财年第四季度，公司总营收同比增长53%，归母净利润达3.21亿美元，较去年同期的3500万美元增 长超8倍。全年来看，2025财年累计营收和净利润均创历史新高，主要受白银、黄金等金属销量提升及 价格走强驱动。 财务状况 第四季度经营活动现金流为2.171亿美元，同比增幅达221.7%；现金及现金等价物储备增至2.416亿美 元，同比上升799.1%。自由现金流保持稳健，支撑了债务偿还与资本开支。 财务状况 公司通过全额偿还循环信贷、赎回债务等措施，将净杠杆率从2024年末的1.8倍降至0.3倍 ...

Management characterized 2025 as a transformational year, achieving record revenue of $1.4 billion and record adjusted EBITDA of $670 million, which facilitated a 75% improvement in gross leverage. The company is executing a deliberate strategy to become the premier North American silver producer by divesting non-core gold assets and reinvesting in high-margin silver operations. Performance was driven by record production at Lucky Friday, which saw a nearly 50% increase in output over four years, and ...

The company's quarterly earnings of $0.19 per share exceeded consensus estimates, marking a significant improvement from the previous year.Revenue performance was impressive with approximately $448.1 million, surpassing the estimated $400.8 million and exceeding consensus estimates by 25%.Hecla Mining Company, listed on the NYSE under the symbol HL, is a prominent player in the silver mining industry. The company has consistently demonstrated strong financial performance, as evidenced by its recent earnings ...

Core Viewpoint - Hecla Mining reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and showing significant growth from $0.04 per share a year ago, indicating a strong performance in the precious metals sector [1] Financial Performance - The company achieved revenues of $448.11 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 25% and showing a substantial increase from $249.65 million in the same quarter last year [2] - Over the last four quarters, Hecla Mining has consistently exceeded consensus EPS estimates, achieving this four times [2] Stock Performance - Hecla Mining shares have increased approximately 17.8% since the beginning of the year, contrasting with a slight decline of 0.1% in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.29, with projected revenues of $513.4 million, and for the current fiscal year, the consensus EPS estimate is $0.64 on revenues of $1.49 billion [7] - The trend of earnings estimate revisions is mixed ahead of the earnings release, which may influence future stock movements [6] Industry Context - The Mining - Silver industry, to which Hecla Mining belongs, is currently ranked in the top 5% of over 250 Zacks industries, suggesting a favorable outlook for companies within this sector [8] - Another company in the same industry, Endeavour Silver, is expected to report a quarterly earnings increase of 50% year-over-year, with revenues projected to rise by 245.1% from the previous year [9]

Financial Performance - For the year ended December 31, 2025, consolidated revenues were $1,423,019,000, reflecting a loss of $29,620,000 from the parent company[431]. - Net income for the year was reported at $321,712,000, with income applicable to common stockholders also at $321,160,000[431]. - The company declared preferred stock dividends totaling $552,000, impacting the overall net income[431]. - The company reported comprehensive income of $328,644,000, which includes other comprehensive losses of $6,932,000[431]. - Total liabilities were recorded at $3,560,645,000, with current liabilities at $231,564,000 and long-term debt at $268,627,000[431]. - Deferred tax liabilities amounted to $246,425,000, indicating potential future tax obligations[431]. - The cost of sales for the same period was $640,799,000, resulting in a gross profit margin that indicates significant operational costs[431]. - As of December 31, 2025, total assets amounted to $3,560,645,000, with cash and cash equivalents at $241,558,000[431]. Legal and Regulatory Risks - The company is currently involved in ongoing legal disputes that may materially adversely affect its operations and financial results[18]. - The company’s operations are subject to complex and evolving environmental laws, which could impose significant costs and threaten existing operations[18]. Market and Customer Dependency - The company derives a significant amount of revenue from a relatively small number of customers, which could expose it to risks if those customers reduce purchases[16]. - A substantial or extended decline in metals prices could materially adversely affect the company's financial results[16]. Environmental and Operational Liabilities - The company has estimated its liabilities for environmental, reclamation, and closure costs, which could significantly increase and adversely affect financial results[15][415]. - The company’s mineral reserves and resources are subject to critical estimates, which are influenced by future metals prices and engineering assessments[416][417]. Strategic Initiatives and Future Outlook - The company completed the acquisition of Alexco Resource Corp. in 2022, which may not yield all anticipated benefits[19]. - Forward-looking statements indicate potential growth and strategic initiatives, although specific future projections were not detailed in the provided content[432]. - The company is evaluating the impact of new accounting standards on its consolidated financial statements and disclosures[424][425]. Financial Management - The company utilizes financially-settled forward contracts and options to manage exposure to changes in prices for silver, gold, zinc, and lead[414]. - The company has faced losses that may recur, impacting the recognition of deferred tax assets related to net operating loss carryforwards[16].

Exhibit 99.1 HECLA ANNOUNCES FULL YEAR PRODUCTION AND 2026 GUIDANCE Silver and gold production achieve top end of production guidance, Lucky Friday achieves record production COEUR D'ALENE, IDAHO -- January 26, 2026 - Hecla Mining Company (NYSE:HL) ("Hecla" or the "Company") today announced its preliminary metals production for the fourth quarter and full year of 2025 and provided 2026 Guidance. HIGHLIGHTS 2026 GUIDANCE "Our 2025 results demonstrate operational excellence, with 17.0 million ounces of silver ...

Key Takeaways HL produced 17.0M ounces of silver in 2025, up 5% year over year.Hecla Mining's Greens Creek and Lucky Friday mines drove higher output and grades.HL advanced Keno Hill and infrastructure to support ramp-up and future growth.Hecla Mining Company (HL) is positioning itself as a leading force among North American precious metals producers, supported by strong silver prices, stable operations and disciplined capital deployment. Per the latest production report, in 2025, the company produced 17.0 ...

Hecla Mining Company is set to release its quarterly earnings with an expected EPS of $0.163 and revenue of approximately $400.75 million.The company anticipates a significant year-over-year increase in earnings and revenue, supported by a 5% boost in silver production.Despite challenges, Hecla has outperformed the S&P 500 and reduced its net leverage to 0.3x, although it has underperformed compared to industry peers.Hecla Mining Company (NYSE:HL) is set to release its quarterly earnings on February 17, 202 ...

安本实物白银股票交易型开放式指数基金下跌3%，全球X白银矿业股交易型开放式指数基金下跌 3.1%，安硕白银信托基金下跌3%。 赫克拉矿业公司股价下跌3.3%，柯尔矿业公司股价下跌3.3%，银峰 资源公司股价下跌3.1%，奋进白银公司股价下跌3.8%。 本文源自：金融界AI电报 ...

Greens Creek, in southeast Alaska, is one of the world’s largest and lowest-cost primary silver mines. (Image courtesy of Hecla Mining.Hecla Mining Company (NYSE: HL), the largest silver producer in the US and Canada, plans to almost double its investments from last year on exploration and pre-development activities.In a press release issued on Friday, the Idaho-based miner said it will spend $55 million on its projects in Nevada and producing assets including Greens Creek (Alaska), Keno Hill (Yukon Territo ...