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Hecla Mining Company ( (HL) ) has issued an update.
Hecla Mining Company reported record revenues of $929.9 million for the year 2024, alongside a net income applicable to common stockholders of $35.3 million. The company achieved its second highest silver reserves and silver production in its history, with operational excellence at its Greens Creek and Lucky Friday mines contributing significantly to cash flow. Additionally, Hecla set multiple production records at the Lucky Friday mine and improved its net leverage ratio through deleveraging. Looking ahead to 2025, Hecla aims to strengthen its balance sheet, advance infrastructure at Keno Hill, review strategic opportunities at Casa Berardi, and explore its extensive portfolio for shareholder value generation.
More about Hecla Mining Company
Hecla Mining Company, based in Coeur d’Alene, Idaho, operates in the mining industry and primarily focuses on silver and gold production. The company is recognized for its extensive silver reserves and has a significant market presence in the mining sector.
YTD Price Performance: 19.58%
Average Trading Volume: 13,637,243
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.01B
Find detailed analytics on HL stock on TipRanks’ Stock Analysis page.
