Hecla Mining Reports Record Q3 2025 Results

Hecla Mining Company ( (HL) ) has released its Q3 earnings. Here is a breakdown of the information Hecla Mining Company presented to its investors.

Hecla Mining Company, a leading precious metals mining company, primarily focuses on silver and gold production with operations across North America. In its third quarter of 2025, Hecla Mining Company reported record-breaking financial results, including a 35% increase in revenue to $409.5 million and a net income of $100.6 million. The company also achieved a record adjusted EBITDA of $195.7 million and significantly reduced its net leverage ratio to 0.3x, reflecting a strong balance sheet and financial flexibility.

Key highlights from the quarter include a 2% increase in silver production to 4.6 million ounces and robust gold production from Casa Berardi and Greens Creek. The company maintained its production guidance for silver and gold, with costs remaining competitive. Hecla’s operational success was driven by consistent performance across its mines, including Greens Creek, Keno Hill, Lucky Friday, and Casa Berardi, each contributing positively to the company’s free cash flow.

Hecla’s strategic focus on operational excellence and balance sheet strength has resulted in substantial financial improvements. The company fully repaid its revolving credit facility and Investissement Quebec notes, enhancing its cash position to $133.9 million. Additionally, Hecla continues to advance its exploration and development projects, with significant progress at Keno Hill and Casa Berardi, positioning the company for sustained profitability.

Looking ahead, Hecla Mining Company remains committed to its strategic priorities, including operational efficiency, shareholder value creation, and disciplined capital allocation. The company aims to leverage its strong asset base and financial position to capitalize on market opportunities and drive long-term growth.