Overview

* Hecla Mining ( HL ) Q3 revenue grows 35% over prior quarter, beating analyst expectations

* Adjusted EBITDA for Q3 beats analyst expectations, reflecting strong operational performance

* Company fully repaid revolving credit facility, indicating substantial deleveraging

Outlook

* Hecla tightens 2025 silver production guidance at Greens Creek to 8.4-8.8 mln ounces

* Company raises 2025 cost guidance for Lucky Friday to $175 mln

* Hecla raises 2025 capital investment guidance for Keno Hill to $48-$54 mln

Result Drivers

* SILVER PRODUCTION - Silver production increased 2% over prior quarter, exceeding plan and driving guidance revision

* GOLD PRODUCTION - Casa Berardi and Greens Creek supported robust gold production, driving guidance revision

* HIGHER PRICES - Higher realized prices for silver and gold contributed to increased revenue

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $409.54 $275.20

Revenue mln mln (3

Analysts

)

Q3 Net $100.59

Income mln

Q3 Beat $195.70 $112.90

Adjusted mln mln (1

EBITDA Analyst)

Q3 Free $90.14

Cash mln

Flow

Q3 Gross $180.47

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the non-gold precious metals & minerals peer group is "buy."

* Wall Street's median 12-month price target for Hecla Mining Co ( HL ) is $12.00, about 0.2% above its November 4 closing price of $11.97

* The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)