Hecla Reports a 30% Increase in Third Quarter Silver Production
Hecla Mining Company (HL)
Last hecla mining company earnings: 2/6 03:30 am
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Source: Business Wire
Up 20% for the first nine months COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) today announced certain preliminary results1 for the third quarter of 2019.HIGHLIGHTSSilver production of 3.3 million ounces, and gold production of 77,331 ounces.Silver equivalent production of 12.6 million ounces or gold equivalent production of 145,536 ounces.2Lead production of 6,226 tons; zinc production of 15,589 tons.Cash and cash equivalents of approximately $33 million, a $24 million increase over June 30th, 2019, with outstanding debt slightly lower.“As expected, our third quarter operating and financial performance improved,” said Phillips S. Baker, Jr., President and CEO. “We knew that dialing back our expenditures while achieving our expected production and sales targets would increase our cash flow generation. We expect more of the same in the fourth quarter.”Greens CreekAt the Greens Creek mine, 2.5 million ounces of silver and 13,684 ounces of gold were produced in
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Earnings
- 2/14/24 - Miss
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Analyst Actions
- 4/12/24 - National Bank Financial
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Sec Filings
- 4/15/24 - Form SC
- 4/9/24 - Form 8-K
- 4/4/24 - Form ARS
- HL's page on the SEC website