HL

It has been about a month since the last earnings report for Hecla Mining (HL). Shares have lost about 8.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Hecla Mining due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts. Hecla Mining posted first-quarter 2026 earnings of 24 cents per share, missing the Zacks Consensus Estimate of 27 cents by 11%. Revenues came in at $411 million, up 100.3% year over year but 13.3% below the consensus mark of $474 million. The quarter’s metal-price environment was supportive, with realized silver at $82.70 per ounce (up 146% year over year) and realized gold at $4,899 per ounce (up 46% year over year). This, along with higher sales volumes, led to the improvement in the quarter. Total cost of sales in the first quarter was $158 million, up 15.8% from $136.7 million in the year-ago quarter. Gross profit surged 269% to $253 million from $69 million a year earlier. Adjusted EBITDA from continuing operations surged 243% to a record $265 million. Hecla Mining reported silver production of around 3.9 million ounces, down 5% year over year. Higher output at Greens Creek was offset by declines at Lucky Friday and Keno Hill. Gold production dipped 6% year over year to 12,886 ounces. Silver payable ounces sold in the quarter were up 2% in the quarter to around 3.575 million ounces. Gold payable ounces sold were up 10% to 11,533 ounces. Greens Creek produced nearly 2.18 million ounces of silver, 8.7% higher than the last year quarter. Gold output was around 12,886 ounces, a 6% decline year over year. Lucky Friday produced 1.24 million ounces of silver in the quarter, a 7% decline from 1.33 million ounces in the year-ago quarter. At Keno Hill, silver production was about 0.49 million ounces, compared with 0.77 million ounces in the prior year quarter. Production was impacted by reduced power supply during extreme cold weather and lower silver milled grade. Management expects silver grade mined and milled to increase in the second quarter as sequencing improves. Hecla Mining generated cash flow from operating activities of around $183 million compared with $27.6 million in the prior year. Free cash fl...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Hecla Mining (HL) has been drawing attention after recent trading left the stock down about 3% over the past month and roughly 19% over the past 3 months, prompting fresh questions about its valuation. See our latest analysis for Hecla Mining. At a share price of $17.54, Hecla’s recent moves tell a mixed story, with the stock up over the past week but seeing share price returns weaken over the past quarter, even as multi year total shareholder returns remain very large. If you are watching precious metals and related miners, this can be a useful moment to scan a broader set of silver producers using our discovery focused 9 top silver producer stocks With Hecla posting very large multi year total returns yet trading at $17.54 after recent share price weakness, the key question is whether the stock is now undervalued or if the market is already pricing in future growth. With Hecla Mining last closing at $17.54 against a narrative fair value of $25.80, the current setup centers on how production and margins could support that gap, using an 8.46% discount rate in the model. Read the complete narrative. Want the full story behind that valuation jump? The narrative leans on tighter output guidance, richer margins and a future earnings multiple that is usually reserved for market favorites. Result: Fair Value of $25.80 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, you still need to weigh risks such as higher capital and regulatory costs at Keno Hill, as well as potential shareholder dilution from deleveraging plans, which may challenge that upbeat view. Find out about the key risks to this Hecla Mining narrative. Hecla looks inexpensive compared with the narrative fair value of $25.80. Its P/E of 25.5x is above the US Metals and Mining industry at 21.8x, below the peer average at 32.8x, and close to a fair ratio of 27.8x. Is the margin of safety really as wide as it first appears? For a closer look at how this P/E gap stacks up against the industry, peers, and that fair ratio, the See what the numbers say about this price — find out in our valuation breakdown. With sentiment this mixed, it helps to look past the headlines and into the unde...

The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.19%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.29%. June E-mini S&P futures (ESM26) rose +0.18%, and June E-mini Nasdaq futures (NQM26) rose +0.28%. Stock indexes settled higher on Monday, with the S&P 500 and Nasdaq 10 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Strength in chipmakers and AI-infrastructure stocks led the broader market higher on Monday. Gains in stocks were limited on Monday amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield rose +5 bp to 4.41%. Dear D-Wave Quantum Stock Fans, Mark Your Calendars for May 12 Berkshire Hathaway Just Upped Its Stake in Sumitomo Stock. Greg Abel Says It’s Holding for the Long Term. This Analyst Just Raised the Price Target on Coherent Stock by 50%. What to Know. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Monday’s US economic news was slightly weaker than expected after Apr existing home sales rose +0.2% m/m to 4.02 million, below expectations of 4.05 million. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stro...

The S&P 500 Index ($SPX) (SPY) today is up +0.25%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%. June E-mini S&P futures (ESM26) are up +0.29%, and June E-mini Nasdaq futures (NQM26) are up +0.19%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 100 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Gains in stocks are limited today amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield is up +3 bp to 4.39%. Broadcom Hits a Bottleneck as OpenAI Revenue Concerns Claim Their First Casualty Dan Ives Can’t Make It Any Clearer: Palantir Stock Is Still a ‘Golden Goose’ Despite Q1 Earnings Fears Palantir Stock Has a ‘High-Class Problem’: Demand for Its Software Is Far Outpacing Supply Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Today’s US economic news was slightly weaker than expected after Apr existing home sales rose +0.2% m/m to 4.02 million, below expectations of 4.05 million. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stronger than expectations of 20.0% y/y. WTI crude oil prices (CLM26) are up by more than 2% today, as optimism that the US an...

Interested in Hecla Mining Company? Here are five stocks we like better. Hecla entered Q2 2026 debt-free after redeeming its remaining senior notes, ending the quarter with a net cash position and a fully undrawn credit facility. Management said the company has transformed its balance sheet from nearly $550 million of net debt to no long-term debt. First-quarter operating results were record-setting, with revenue from continuing operations above $410 million, adjusted EBITDA of $265 million and free cash flow of $144 million. Silver made up 73% of revenue, and all revenue came from the U.S. or Canada. Hecla is doubling down on silver growth projects after selling Casa Berardi, with expansion plans at Greens Creek, a possible restart of Midas in Nevada, and record exploration spending of $55 million in 2026. The company reiterated 2026 silver production guidance of 15.1 million to 16.5 million ounces and sees a path to more than 20 million ounces annually over time. 3 Metals and Mining Stocks Riding the Commodity Supercycle Hecla Mining (NYSE:HL) said it entered the second quarter of 2026 with no long-term debt, record quarterly cash generation and a portfolio increasingly focused on silver assets in the United States and Canada, following the sale of its Casa Berardi operation at the end of March. On the company’s first-quarter earnings call, President and Chief Executive Officer Rob Krcmarov said Hecla has undergone a significant balance sheet transformation since he joined the company 18 months ago. “This company carried nearly $550 million of net debt. Today, we carry no long-term debt,” Krcmarov said. “None.” → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance Hilton’s Q1 Report Put One Big Question Front and Center for 2026 The company reported first-quarter revenue from continuing operations of more than $410 million, up 13% from the prior quarter and double the level from the first quarter of 2025. Hecla also reported record adjusted EBITDA of $265 million and record consolidated free cash flow of $144 million, with each of its mines generating positive free cash flow. Hecla’s first-quarter results were presented on a continuing operations basis, excluding Casa Berardi, which was sold at the end of March. Krcmarov described the sale as “a deliberate, well-timed decision” that allowed Hecla to focus capital and management attention on its silver g...

The S&P 500 Index ($SPX) (SPY) today is up +0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.06%. June E-mini S&P futures (ESM26) are up +0.19%, and June E-mini Nasdaq futures (NQM26) are up +0.05%. Stock indexes are moving higher today, with the S&P 500 and Nasdaq 10 posting new all-time highs amid strong corporate earnings results and resurgent optimism around artificial intelligence. Gains in stocks are limited today amid rising oil prices and bond yields after the US and Iran failed to reach terms to end the war in the Middle East. Global bond yields rose on concern that the continued standoff will keep energy prices elevated and could force the world’s central banks to tighten monetary policy. The 10-year T-note yield is up +3 bp to 4.39%. Broadcom Hits a Bottleneck as OpenAI Revenue Concerns Claim Their First Casualty Palantir Stock Has a ‘High-Class Problem’: Demand for Its Software Is Far Outpacing Supply Dan Ives Can’t Make It Any Clearer: Palantir Stock Is Still a ‘Golden Goose’ Despite Q1 Earnings Fears Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. In the latest developments in the Middle East, President Trump and Iran rejected each other's latest peace proposals to end the 10-week conflict. Iran offered to transfer some of its stockpile of highly enriched uranium to a third country but rejected the idea of dismantling its nuclear facilities. Iran also demanded a lifting of the US naval blockade and sanctions relief, while maintaining a degree of control over traffic through the Strait of Hormuz. Despite the ceasefire in place since last month, a drone strike over the weekend set a cargo vessel ablaze off Qatar in the Persian Gulf. Also, the United Arab Emirates and Kuwait both said they intercepted hostile drones. Chinese trade news was better than expected, a positive factor for global growth. China Apr exports rose +14.1% y/y, stronger than expectations of +8.4% y/y. Apr imports rose +25.3% y/y, stronger than expectations of 20.0% y/y. WTI crude oil prices (CLM26) are up by more than 2% today, as optimism that the US and Iran would reopen the Strait of Hormuz was dashed after President Trump said Iran's latest peace proposals were "totally unacceptable." The strait remains essentially closed, as abo...

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.84%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.35%. June E-mini S&P futures (ESM26) rose +0.79%, and June E-mini Nasdaq futures (NQM26) rose +2.37%. Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting new record highs. Chipmaker and AI-infrastructure stocks led the overall market higher on Friday, offsetting concerns about the Iran war. Stronger-than-expected corporate earnings are pushing stocks higher. Weakness in software stocks on Friday weighed on the Dow Jones Industrial Average. As CPUs Steal the Show, AMD Stock Just Got a New Street-High Price Target How Intel Stock Could Be the Biggest Winner from AMD’s Explosive Earnings Win Cathie Wood Dumps More AMD Shares Despite Its Massive 108% Rally. Here's Why. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Stock indexes also found support today on signs of resiliency in the US labor market after April nonfarm payrolls rose more than expected and March nonfarm payrolls were revised upward. Stocks rallied on Friday despite a larger-than-expected decline in US consumer sentiment to a record low. US Apr nonfarm payrolls rose by +115,000, stronger than expectations of +65,000, and Mar nonfarm payrolls were revised upward to +185,000 from the previously reported +178,000. The Apr unemployment rate was unchanged at 4.3%, right on expectations. US Apr average hourly earnings rose +0.2% m/m and +3.6% y/y, weaker than expectations of +0.3% m/m and +3.8% y/y. The University of Michigan’s US May consumer sentiment index fell -1.6 to a record low of 48.2 (data from 1978), weaker than expectations of 49.5. The University of Michigan US May 1-year inflation expectations rate unexpectedly eased to +4.5% from +4.7% in Apr, weaker than expectations of an increase to 4.8%. The May 5-10 year inflation expectations rate unexpectedly eased to +3.4%, weaker than expectations of no change at +3.5%. In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other milita...

First Majestic Silver Corp. AG is scheduled to release first-quarter 2026 results on May 12. The Zacks Consensus Estimate for its quarterly earnings is currently pegged at 33 cents per share. The company’s first-quarter earnings estimates have increased 13.8% over the past 60 days. The bottom-line projection indicates a surge of 560% from the year-ago number. The company has a dismal earnings surprise history, missing the Zacks Consensus Estimate thrice and outpacing once in the preceding four quarters. The earnings surprise is a negative 18.8%, on average. In the last reported quarter, it reported earnings of 30 cents per share, beating the consensus estimate of 27 cents. Our proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat, but that’s not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Earnings ESP: First Majestic has an Earnings ESP of 0.00% as both the Zacks Consensus Estimate and the Most Accurate Estimate are pegged at 33 cents per share. Zacks Rank: AG presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here. First Majestic Silver Corp. price-eps-surprise | First Majestic Silver Corp. Quote AG’s total production reached 3.5 million ounces of silver and 34,341 gold ounces in the first quarter of 2026. It also produced 15.4 million pounds of zinc, 8.7 million pounds of lead and 262,913 pounds of copper. The silver and gold ounces produced marked a decline of 5.4% and 6%, respectively, on a year-over-year basis. The fall in production level is expected to impact the top-line results in the first quarter. Despite the recent decline, the company has been benefiting from a significant increase in silver prices over the past year. The prices have remained strong, owing to the persistent market deficit, high industrial demand in solar and AI sectors and strong safe-haven demand. Demand for solar energy, electronics and electrification now accounts for more than half of global silver demand. Also, with the acquisition of Gatos Silver in January 2025, First Majestic gained a 70% interest in the high-quality and long-life Cerro Los Gatos Silver underground mine. This transaction solid...

Image source: The Motley Fool. Thursday, November 6, 2025 at 10 a.m. ET President and Chief Executive Officer — Robert Krcmarov Senior Vice President and Chief Financial Officer — Russell Lawlar Senior Vice President and Chief Operating Officer — Carlos Aguiar Senior Vice President, Exploration — Kurt Allen Need a quote from a Motley Fool analyst? Email [email protected] Robert Krcmarov: Thank you, Mike, and good morning, everyone. So turning to Slide 3. Let me just start by reminding you why Hecla stands apart in the silver sector. As the oldest silver company on the New York Stock Exchange with a history dating back 134 years, we operate exclusively in the premier jurisdictions of the United States and Canada. We maintain peer-leading silver exposure on both a revenue and resource basis with an average reserve life that's double our peer group. We're building project momentum through strategic investment in our pipeline, and we're achieving cost excellence as the lowest cost producer among our peers. I've got to say these are exciting times, and Hecla really is thriving on strong silver and gold prices. We're using this momentum to strengthen our finances, fund high-return projects and boost shareholder value. But I think the outlook is even brighter. Silver faces its fifth consecutive year of supply shortages with rising industrial demand and investment flows expected to support prices for years to come. And unlike most of our peers, we're uniquely positioned with one of the most favorable silver to gold revenue ratios in the sector, allowing us to capitalize on the silver strength and drive meaningful value creation for our shareholders. Moving to Slide 4. Q3 really was exceptional, and just let me walk you through why. Firstly, record results. We delivered record results this quarter. We hit revenues of $410 million. Net income came in at $101 million and adjusted EBITDA was $196 million. These aren't just numbers. They prove that our business model works. We capture upside in strong markets while our cost position offers protection in weak ones. Now here's what matters a lot, and that's our balance sheet transformation. Net leverage has improved from 1.8x this time last year to 0.3x in Q3. So that's an 83% reduction. And that's in a single year. That's a structural derisking of the company. This deleveraging consisted of fully repaying our revolver, redeemin...

COEUR D`ALENE, Idaho (AP) — COEUR D`ALENE, Idaho (AP) — Hecla Mining Co. (HL) on Tuesday reported a loss of $19 million in its first quarter. The Coeur d`Alene, Idaho-based company said it had a loss of 3 cents per share. Earnings, adjusted to account for discontinued operations, came to 24 cents per share. The precious metals company posted revenue of $411.4 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HL at https://www.zacks.com/ap/HL

Cash Flow from Continuing Operations $183 million, Record Free Cash Flow1 $144 million; Premier Silver Focus Sharpened; Organic Growth Pipeline Advancing COEUR D'ALENE, Idaho, May 05, 2026--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) ("Hecla", or the "Company") today announced first quarter 2026 financial and operating results. "Prior quarter" refers to the fourth quarter of 2025. Prior period financial information has been revised to reflect Casa Berardi as a discontinued operation. FIRST QUARTER 2026 HIGHLIGHTS Financial Performance: Revenue: Over $411 million from continuing operations, representing a 13% increase over prior quarter and a 100% increase versus the first quarter of 2025 (both periods on a continuing operations basis, excluding Casa Berardi), reflecting the combination of significantly higher realized silver and gold prices, partly offset by 5% and 6% lower silver and gold production, respectively. Profitability: Net income from continuing operations of $165 million or $0.25 per share - up from $24 million or $0.04 per share in the first quarter of 2025. After a non-cash $192 million write-down related to the Casa Berardi sale, net loss attributable to common stockholders of $19 million or ($0.03) per share. Casa Berardi generated income from operations of $31 million in the first quarter prior to the sale closing on March 25. Record Adjusted EBITDA: $265 million from continuing operations, a 31% increase over the prior quarter and nearly three and half times the $77 million recorded in first quarter of 2025 (both periods on a continuing operations basis, excluding Casa Berardi).4 Continued strong cash flow generation: $183 million cash generated from operations, and record quarterly free cash flow from continuing operations of $144 million, with all producing assets contributing.1 Building balance sheet strength: Cash balance of $588 million, providing strategic flexibility, benefiting from free cash flow and cash proceeds from Casa Berardi sale. Transition to net cash: Total debt of $266 million and cash and cash equivalents of $588 million, marking a significant strategic inflection point to net cash at quarter end. Subsequent to Quarter End: On April 9, 2026, the Company redeemed its remaining $263 million of 7.25% Senior Notes, leaving the Company with no long-term debt, an undrawn $225 million revolving credit facility with an addi...

Management highlighted a fundamental balance sheet transformation, moving from $550 million in net debt 18 months ago to being entirely free of long-term debt following the April redemption of senior notes. The strategic divestiture of the Casa Berardi gold operation in March was framed as a deliberate pivot to focus management attention and capital primarily on the high-margin silver growth platform, though the company remains open to exceptional gold assets that can fund this strategy. Record financial results, including a doubling of revenue year-over-year, were attributed to strong operational execution and a cost structure that delivers a 90% margin on the realized silver price. Performance was bolstered by all operating mines being free cash flow positive, with Greens Creek benefiting from record underground backfill placement which enhanced operational flexibility. The company's competitive positioning is anchored by its exclusive focus on Tier 1 jurisdictions (U.S. and Canada) and a reserve life that is approximately double that of its peer group. Management emphasized a 'per share' value creation philosophy, noting they are the only peer to grow silver production per share over the last five years by avoiding dilutive M&A. The company is targeting a production pathway toward 20-plus million ounces of silver annually, driven by the Keno Hill ramp-up and the potential restart of the Midas operation in Nevada. A record $55 million exploration budget for 2026 is structured across three priority areas, focusing on replacing reserve depletion at producing assets, high-grade discovery potential at the Aurora project, and resource expansion at Midas. The capital allocation strategy prioritizes internal growth projects with target returns of 10% to 15%, while maintaining a debt-free balance sheet to remain opportunistic for accretive acquisitions. Management indicated that while they have a board-approved 20 million share repurchase plan, they will only deploy capital for buybacks if they see a dislocation between share price and underlying fundamentals and if the buybacks meet their return on capital criteria. Future growth initiatives, such as the Greens Creek pyrite circuit and tailings reprocessing, are being screened for low capital intensity to ensure robust returns on invested capital. The Greens Creek tailings reprocessing project represents a signif...