Hecla Mining reports Q4 earnings meet estimates, revenue up 55%, positive.

From Zacks Investment Research: 2025-02-17 14:28:11

Hecla Mining Company (HL) reported fourth-quarter 2024 adjusted earnings per share of 4 cents, in line with estimates. The company’s revenue increased 55.4% year over year to $250 million, beating expectations. Gold prices rose 10.7% year over year to $2,656 an ounce.
HL’s 2024 adjusted earnings per share were 11 cents, with revenues growing 29.1% year over year to $930 million. The company expects consolidated silver production of 15.5-17.0 million ounces and consolidated gold production of 120-130 thousand ounces in 2025.
HL shares have gained 51.7% in the past year.
Pan American Silver Corp. (PAAS) and Avino Silver & Gold Mines Ltd. (ASM) are also expected to release their fourth-quarter 2024 results soon.



Read more at Zacks Investment Research: Hecla Mining Q4 Earnings Meet Estimates, Revenues Rise 55% Y/Y – February 17, 2025