Hecla Mining (HL) Delivers Record Q3 2025 Results

Core Viewpoint - Hecla Mining Company is highlighted as a strong investment opportunity in the silver mining sector, with a recent price target increase from BMO Capital reflecting positive performance in Q3 2025 [1][2]. Financial Performance - Hecla reported record third-quarter results for 2025, achieving $409.5 million in revenue and a net income of $100.6 million, or $0.15 per share, surpassing analyst expectations [3]. - Adjusted EBITDA reached an all-time high of $195.7 million, with operating cash flow at $148 million and free cash flow at $90.1 million, indicating robust financial health [3]. Production and Costs - The company produced 4.6 million ounces of silver in the quarter, with all-in sustaining costs averaging $11.01 per ounce, and by-product credits reducing cash costs to a negative $2.03 per ounce [4]. - Silver accounted for 48% of total revenue, while gold contributed 37%, lead 10%, and zinc 6%, with an average silver price realized at $42.58 per ounce, resulting in margins exceeding $31 per ounce [4]. Future Outlook - Hecla has tightened its production guidance and lowered its cost outlook for 2025, supported by long mine lives at its key operations, including Lucky Friday, Keno Hill, Greens Creek, and Casa Berardi [5]. Company Overview - Hecla Mining Company operates in the precious and base metals sector across multiple countries, focusing on silver, gold, lead, and zinc, with its flagship asset being the Greens Creek mine in Alaska [6].