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.