Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Hecla Mining (HL)

Hecla Mining posts record 2024 sales of $929.9 million and $35.3 million net income

Positive Impact 3 of 5 earnings Written later

Hecla reported record full-year 2024 sales of $929.9 million and net income applicable to common stockholders of $35.3 million, or $0.06 per share, compared with a 2023 loss of $84.8 million. Net income included $50 million of Lucky Friday insurance proceeds, and the company said it reduced net debt, lowering its net leverage ratio to 1.6 times from 2.7 times. The company also declared dividends on its common stock and Series B preferred stock, and said it had streamlined its dividend policy to eliminate the silver-linked component.

Key points

  • Full-year 2024 sales were $929.9 million, up from $720.2 million in 2023; adjusted EBITDA was $337.9 million.
  • Net income applicable to common stockholders was $35.3 million, or $0.06 per share, versus a loss of $84.8 million in 2023.
  • Common dividend of $0.00375 per share: record date March 10, 2025, payable on or about March 24, 2025; Series B preferred dividend of $0.875: record date March 14, 2025, payable on or about April 1, 2025.
  • Hecla projects 2025 silver production to remain comparable to 2024, with Keno Hill power curtailments expected to continue through the first half of 2025.

The filing

CompanyHecla Mining (HL)
Form8-K, current report
Filed with the SECFeb 13, 2025, 5:18 PM ET
Accession number0001437749-25-003775

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 February 13, 2025.

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.