Financial Data and Key Metrics Changes - In 2025, the company achieved record revenue of $1.4 billion and net income applicable to shareholders of $321 million, translating to $0.49 per share [7][12] - Adjusted EBITDA reached $670 million, with total debt reduced to $276 million and a gross debt to Adjusted EBITDA ratio of 0.4 times [7][12] - Operating cash flow was $563 million, resulting in free cash flow of $310 million, with each mine generating positive free cash flow [7][12] Business Line Data and Key Metrics Changes - Silver production guidance was met with 17 million ounces produced, while gold production exceeded guidance with 150,000 ounces [8] - Lucky Friday mine produced a record 5.3 million ounces of silver, a nearly 50% increase from 2021 [8] - Keno Hill achieved over 3 million ounces of silver production, marking its first year of profitability under Hecla's ownership [8] Market Data and Key Metrics Changes - The realized silver price in Q4 was nearly $70 per ounce, exceeding the quarterly average by over $14 per ounce [14] - The all-in sustaining cost for silver was $18.11 per ounce, resulting in a silver margin of $51 per ounce or 74% of the realized price [14] Company Strategy and Development Direction - The company aims to be recognized as the premier silver company in North America, focusing on silver as the strategic anchor of its business [4][5] - The pending sale of Casa Berardi is part of a strategic portfolio optimization to redirect capital towards silver assets [9][10] - The company is committed to operational excellence, investment discipline, and organic growth through disciplined exploration programs [6][10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a debt-free balance sheet by 2026, with a substantial reduction in risk [12] - The company anticipates silver production of 15.1-16.5 million ounces in 2026, with a credible pathway to 20 million ounces over the medium term [28][30] - Management highlighted the importance of safety and environmental excellence as foundational to operational success [16][18] Other Important Information - The company reported a 13% reduction in total reportable injury frequency rate, reflecting a commitment to safety culture [18] - The surface cooling project at Lucky Friday is 79% complete and on track for mid-2026 completion, aimed at improving workforce health and safety [8][22] Q&A Session Questions and Answers Question: Exploration at Keno Hill - Management noted intercepting a new high-grade ore shoot at Keno Hill, with a budget of $13 million for exploration this year [35][36] Question: Accounting Treatment for Casa Berardi - Management clarified that cash flows from Casa will continue until the closing date, with potential accounting impacts expected in Q1 [45][50] Question: Strategy for Silver Production Growth - Management emphasized the need to grow the silver portfolio and mentioned the establishment of a project generation group to explore new silver districts [61][62]

Financial Data and Key Metrics Changes - Hecla Mining Company achieved record revenue of $1.4 billion and net income applicable to shareholders of $321 million, translating to $0.49 per share, alongside record Adjusted EBITDA of $670 million [7][14] - Total debt decreased to $276 million, with a gross debt to Adjusted EBITDA ratio of 0.4 times, and operating cash flow reached $563 million, resulting in $310 million in free cash flow [7][14] - The gross leverage ratio improved from 1.6 times in 2024 to 0.4 times in 2025, while the net leverage ratio improved from 1.6 times to 0.1 times [13] Business Line Data and Key Metrics Changes - Silver production guidance was met with 17 million ounces produced, and gold production exceeded guidance with 150,000 ounces [9] - Lucky Friday mine produced a record 5.3 million ounces of silver, while Keno Hill achieved over 3 million ounces in its first year of profitability [9][24] - Greens Creek produced 8.7 million ounces of silver for the full year, with an all-in sustaining cost (AISC) of under $2 per ounce [21] Market Data and Key Metrics Changes - In Q4, silver accounted for 59% of total revenue, with realized silver prices at nearly $70 per ounce, exceeding the quarterly average by over $14 [15] - The all-in sustaining cost for silver was $18.11 per ounce, resulting in a silver margin of $51 per ounce or 74% of the realized price [15] Company Strategy and Development Direction - Hecla aims to be recognized as the premier silver company in North America, focusing on silver as the strategic anchor of its business while optimizing its portfolio and divesting non-core assets [4][5] - The pending sale of Casa Berardi is part of a strategic portfolio optimization to redirect capital towards silver assets, enhancing market position and financial flexibility [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a debt-free balance sheet by 2026, with a focus on operational excellence and safety [13][19] - The company anticipates silver production of 15.1-16.5 million ounces in 2026, with a credible pathway to 20 million ounces over the medium term [29] Other Important Information - The company reported a 13% reduction in total reportable injury frequency rate, reflecting a commitment to safety [19] - Hecla plans to invest $45-55 million in exploration in 2026, focusing on Nevada and near-mine opportunities to achieve greater than 100% reserve replacement [27] Q&A Session Summary Question: Exploration at Keno Hill - Management noted intercepts of a new high-grade ore shoot and a budget of $13 million for exploration at Keno Hill, with direct drilling costs around $180-$190 per meter [37] Question: Accounting Treatment of Casa Berardi - Management clarified that cash flows from Casa Berardi will be received through the closing date, with the transaction expected to impact earnings and potentially result in a loss on the transaction [47][56] Question: Strategy for Silver Production Growth - Management emphasized the need to grow the silver portfolio and mentioned the establishment of a project generation group to explore new silver districts and monitor competitor intelligence [61][63]

FOURTH QUARTER & FULL YEAR 2025 Conference Call North America's Premier Silver Producer Cautionary Statements Cautionary Statement Regarding Forward-Looking Statements, Including 2026 Outlook This presentation and the related news release and conference call contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sec ...

Management characterized 2025 as a transformational year, achieving record revenue of $1.4 billion and record adjusted EBITDA of $670 million, which facilitated a 75% improvement in gross leverage. The company is executing a deliberate strategy to become the premier North American silver producer by divesting non-core gold assets and reinvesting in high-margin silver operations. Performance was driven by record production at Lucky Friday, which saw a nearly 50% increase in output over four years, and ...

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") is pleased to announce it has been named to the 2026 TSX Venture 50™ list of top performing companies.2026 TSX Venture 50™To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/676/284200_tsxv2026.jpgAndrew Pollard, Blackrock's President and CEO, commented: "2025 was a transformative year for Blackrock, and ...

VANCOUVER, BC / ACCESS Newswire / February 18, 2026 / Silver X Mining Corp. (TSXV:AGX)(OTCQB:AGXPF)(F:AGX) ("Silver X" or the "Company") is pleased to announce that it has been recognized by TSX Venture Exchange (TSXV) as a 2026 Top 50 Company. The TSX Venture 50 is an annual ranking of the top performing companies from the past year on TSXV based on three equally weighted criteria: market capitalization growth, share price appreciation and trading value. ...

Based on +598% share price appreciation and +931% market capitalization growth in 2025Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Capitan Silver Corp. (TSXV: CAPT) ("Capitan" or "the Company") is pleased to announce that it has been included in the TSX Venture 50 list based on the Company's +598% share price appreciation (ranked 10th) and +931% market capitalization growth (ranked 15th) in 2025.The TSX Venture 50 is a ranking of the 50 top-performing companies on the TSX Venture Exc ...

Company recognized among the top-performing issuers on the TSX Venture ExchangeVANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO; OTCQB:APGOF; Frankfurt:6ZF) is pleased to announce that it has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange (“TSXV”). The TSX Venture 50™ is an annual ranking of the top performing companies from the past year on TSXV based on three equally weighted criteria: market capitalizat ...

The company's quarterly earnings of $0.19 per share exceeded consensus estimates, marking a significant improvement from the previous year.Revenue performance was impressive with approximately $448.1 million, surpassing the estimated $400.8 million and exceeding consensus estimates by 25%.Hecla Mining Company, listed on the NYSE under the symbol HL, is a prominent player in the silver mining industry. The company has consistently demonstrated strong financial performance, as evidenced by its recent earnings ...

SSR Mining (NasdaqGS:SSRM) Q4 2025 Earnings call February 17, 2026 05:00 PM ET Company ParticipantsAlex Hunchak - VP of Investor Relations & Capital MarketsBill MacNevin - EVP of Operations and SustainabilityCosmos Chiu - Managing Director and Director of Precious Metals Equity ResearchMichael Sparks - CFORod Antal - Executive ChairmanConference Call ParticipantsDon DeMarco - AnalystGeorge Eadie - AnalystOvais Habib - AnalystOperatorHello everyone, and welcome to SSR Mining's fourth quarter and full year 20 ...