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AI brief of an SEC Form 8-K · Hecla Mining (HL)

Hecla Q1 Sales Rise to $411 Million; Net Loss $19 Million After $192 Million Write-Down

Mixed Impact 3 of 5 earnings Written later

Hecla reported first quarter 2026 sales of $411 million from continuing operations, up 100% from the first quarter of 2025, as higher silver and gold prices offset lower production. A $192 million non-cash write-down tied to the Casa Berardi sale turned net income from continuing operations of $165 million into a net loss attributable to common stockholders of $19 million. The company also redeemed its remaining $263 million of 7.25% Senior Notes on April 9, 2026, leaving it with no long-term debt.

Key points

  • Net loss attributable to common stockholders of $19 million, or $0.03 per share, after a $192 million non-cash write-down related to the Casa Berardi sale
  • Net income from continuing operations of $165 million, or $0.25 per share, compared with $24 million in the first quarter of 2025
  • Record free cash flow from continuing operations of $144 million; cash and cash equivalents of $588 million at March 31, 2026
  • Common dividend of $0.00375 per share (record May 22, 2026; payable June 10, 2026); Series B preferred dividend of $0.875 per share (record June 15, 2026; payable July 1, 2026)

The filing

CompanyHecla Mining (HL)
Form8-K, current report
Filed with the SECMay 5, 2026, 5:05 PM ET
Accession number0001193125-26-206729

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.