Hecla Mining

Hecla reported $136 million in free cash flow for Q2, $483 million in cash and roughly $472 million net cash, with all three mines generating site-level free cash flow. Consolidated silver production rose 8% to 4.2 million ounces, prompting the company to raise full-year silver guidance to 8.0–8.3 million ounces and improve cost guidance. Management outlined growth projects at Greens Creek, including a proposed pyrite concentrate circuit that could add about 1.0–1.2 million ounces of silver and 10,000–15,000 ounces of gold annually, targeting first production in late 2027–early 2028. Hecla is also advancing exploration, tailings reprocessing tests and evaluating a Nevada hub-and-spoke restart while prioritizing permitting and infrastructure at Keno Hill. » More on finance.yahoo.com

Hecla Mining reported adjusted EPS of $0.17 and revenue of $333.85 million for the second quarter, missing consensus estimates. Despite the earnings and revenue disappointment, the stock rose after hours as consolidated free cash flow reached $136 million, cash and cash equivalents stood at $483 million, and there were no long-term liabilities other than leases. All three mines (Greens Creek, Lucky Friday, Keno Hill) generated positive free cash flow; Greens Creek and Lucky Friday recorded site records. Hecla confirmed optimized full-year guidance for individual mines, outlined several growth projects, and highlighted significant free-cash-flow potential at higher metal prices. » More on de.investing.com

Hecla Mining reports successful exploration and definition drilling in Q2 2026: at Keno Hill the Bermingham Deep vein was extended 165 feet both northeast and southwest with drill results up to 62.7 ounces of silver per tonne over 10.2 feet. At Midas drilling discovered two new veins and defined a gold-bearing structure over 2,750 feet. At Greens Creek definition drilling returned high silver, gold, zinc and lead grades in the East and Gallagher zones. Hecla invested $11.3 million in exploration during the quarter and reaffirmed its $55 million guidance for exploration and predevelopment for the year; drilling at Hollister is ongoing and at Aurora is planned for August. » More on de.investing.com