HECLA MINING CO/DE/
For the period ended Mar 31, 2025. Filed May 1, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 1, 2025
HL$15.41+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 1. Financial Statements (Unaudited)
Condensed Consol idated Statements of Operations and Comprehensive Income (Loss) (Unaudited)
(Dollars and shares in thousands, except for per-share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| Sales | $261,339 | $189,528 |
| Cost of sales and other direct production costs | 148,950 | 121,461 |
| Depreciation, depletion and amortization | 38,385 | 48,907 |
| Total cost of sales | 187,335 | 170,368 |
| Gross profit | 74,004 | 19,160 |
| Other operating expenses: | ||
| General and administrative | 11,999 | 11,216 |
| Exploration and pre-development | 4,501 | 4,342 |
| Ramp-up and suspension costs | 3,306 | 14,523 |
| Provision for closed operations and environmental matters | 790 | 986 |
| Other operating expense (income), net | 1,053 | (16,971) |
| Total other operating expenses | 21,649 | 14,096 |
| Income from operations | 52,355 | 5,064 |
| Other expense: | ||
| Interest expense | (11,551) | (12,644) |
| Fair value adjustments, net | 3,627 | (1,852) |
| Net foreign exchange (loss) gain | (356) | 3,982 |
| Other income | 942 | 1,512 |
| Total other expense | (7,338) | (9,002) |
| Income (loss) before income and mining taxes | 45,017 | (3,938) |
| Income and mining tax provision | (16,145) | (1,815) |
| Net income (loss) | 28,872 | (5,753) |
| Preferred stock dividends | (138) | (138) |
| Net income (loss) applicable to common stockholders | $28,734 | $(5,891) |
| Comprehensive income (loss): | ||
| Net income (loss) | $28,872 | $(5,753) |
| Change in fair value of derivative contracts designated as hedge transactions | 2,434 | (5,403) |
| Comprehensive income (loss) | $31,306 | $(11,156) |
| Basic income (loss) per common share after preferred dividends | $0.05 | $(0.01) |
| Diluted income (loss) per common share after preferred dividends | $0.05 | $(0.01) |
| Weighted average number of common shares outstanding - basic | 632,047 | 616,199 |
| Weighted average number of common shares outstanding - diluted | 634,708 | 616,199 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.