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Stock impact report

Hecla Reports 24% Higher Revenues on Higher Production and Prices in Second Quarter 2020

Hecla Mining Company (HL) 
Last hecla mining company earnings: 2/6 03:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hecla-mining.com
Company Research Source: Business Wire
Cash provided by operations close to five times higher than last year's first half COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) today announced second quarter 2020 financial and operating results.HIGHLIGHTS All mines in operation (non-U.S. mines had government-mandated shutdowns of less than a month).Sales of $166.4 million, an increase of 24% over prior year period.Gross profit of $34.1 million, an increase of $54.3 million over prior year period.Cash provided by operating activities was $37.5 million while there were $10.8 million additions to properties, plant, equipment and mineral interests, resulting in $26.7 million of quarterly free cash flow.Silver production of 3.4 million ounces and gold production of 59,982 ounces.Net loss applicable to common shareholders of $14.2 million, or $0.03 per share.Adjusted net income applicable to common shareholders of $7.3 million, or $0.01 per share.1Adjusted EBITDA of $61.3 million and net debt/adjusted EBITDA (l Show less Read more
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