The earnings call presented a mixed picture. While Hecla Mining achieved record revenues and strong production figures, they faced cost challenges at several operations, particularly Lucky Friday and Casa Berardi. Keno Hill showed promise but required further investment and permitting to reach its full potential. The improved financial position and strategic focus on growth were positive, but ongoing cost pressures and operational challenges balanced the sentiment.

Company Guidance -

Q3 2025

During the Hecla Mining Company's Q1 2025 earnings call, the management provided detailed guidance on operational and financial metrics. The company produced 4.1 million ounces of silver and over 34,000 ounces of gold, with significant contributions from lead, zinc, and copper. The standout performers were Greens Creek and Lucky Friday, generating over $40 million in free cash flow, contributing to record quarterly revenues and adjusted EBITDA exceeding $90 million. Despite minor adjustments to individual asset cost projections, consolidated silver cash costs and all-in sustaining cost guidance per ounce remain unchanged. The company's net leverage ratio improved from 2.7x to 1.5x year-over-year, driven by better metal prices and strategic capital allocation decisions. Looking ahead, Hecla maintains its production and capital investment guidance for 2025, with a strong emphasis on operational excellence, portfolio optimization, financial discipline, and silver market leadership.

Record Quarterly Revenues and Adjusted EBITDA

Hecla Mining reported record quarterly revenues of $261 million and adjusted EBITDA exceeding $90 million, driven by high metal prices and solid contributions from all four operating lines.

Strong Silver and Gold Production

The company produced 4.1 million ounces of silver and more than 34,000 ounces of gold, positioning well against annual guidance.

Lucky Friday Milling Record

Lucky Friday set a consecutive quarterly milling record, demonstrating exceptional consistency and strong production performance.

Keno Hill's First Profitable Quarter

Keno Hill produced nearly 800,000 ounces of silver and delivered its first profitable quarter under Hecla's ownership.

Improved Financial Position

The net leverage ratio improved from 2.7x to 1.5x, and the net cash balance improved from negative $60 million to approximately $20 million at the end of the quarter.

Hecla Mining Company (HL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.07 / -	0.03	―	―	―
Aug 06, 2025	2025 (Q2)	0.06 / 0.08	0.02	300.00% (+0.06)
May 01, 2025	2025 (Q1)	0.05 / 0.04	0.01	300.00% (+0.03)
Feb 13, 2025	2024 (Q4)	0.05 / 0.04	-0.04	200.00% (+0.08)
Nov 06, 2024	2024 (Q3)	0.03 / 0.03	-0.01	400.00% (+0.04)
Aug 06, 2024	2024 (Q2)	0.03 / 0.02	0.03	-33.33% (>-0.01)
May 08, 2024	2024 (Q1)	>-0.01 / 0.01	0.01	0.00% (0.00)
Feb 14, 2024	2023 (Q4)	-0.02 / -0.04	0.022	-281.82% (-0.06)
Nov 06, 2023	2023 (Q3)	>-0.01 / -0.01	-0.02	50.00% (+0.01)
Aug 09, 2023	2023 (Q2)	<0.01 / 0.03	0.04	-25.00% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$5.46	$4.54	-16.85%
Feb 13, 2025	$6.36	$5.43	-14.62%
Nov 06, 2024	$6.18	$6.00	-2.91%
Aug 06, 2024	$4.82	$4.78	-0.83%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hecla Mining Company (HL) report earnings?

Hecla Mining Company (HL) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Hecla Mining Company (HL) earnings time?

Hecla Mining Company (HL) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HL EPS forecast?

HL EPS forecast for the fiscal quarter 2025 (Q3) is 0.07.

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