Hecla's Fourth Quarter Continues a Strong Second Half Of 2019
Hecla Mining Company (HL)
Last hecla mining company earnings: 2/6 03:30 am
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ir.hecla-mining.com
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Source: Business Wire
Hecla reports record annual revenue, gold production and silver reserves COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) today announced fourth quarter and full year 2019 financial and operating results.HIGHLIGHTSFourth quarter sales of $225 million; cash flow from operations of $57 million; net loss of $8.0 million; and adjusted EBITDA of $62 million.12019 silver production of 12.6 million ounces, up 22% and record gold production of 272,873 ounces, up 4%, over 2018.2019 sales of $673.3 million (the highest in the company's history); cash flow from operations of $120.9 million; net loss of $99.6 million; and adjusted EBITDA of $177.7 million.1Record reserves for silver, lead and zinc; increases of 11%, 5% and 8%, respectively over 2018.Net debt reduction of approximately $136 million, or more than 23%, from the peak net debt mid-year.Cash and cash equivalents of $62 million at year end, an increase of $35 million with no borrowings on the revolving line of cr
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HL
Earnings
- 11/6/24 - Miss
HL
Analyst Actions
- 11/12/24 - National Bank Financial
HL
Sec Filings
- 12/13/24 - Form 4
- 11/7/24 - Form 4
- 11/7/24 - Form S-3ASR
- HL's page on the SEC website