HECLA MINING CO/DE/
For the period ended Mar 31, 2026. Filed May 5, 2026.
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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, 2026 · Filed May 5, 2026
HL$14.29-7.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Financial Statements (Unaudited)
Condensed Consol idated Statements of Operations and Comprehensive (Loss) Income (Unaudited)
(Dollars and shares in thousands, except for per-share amounts)
| Three Months Ended | ||
|---|---|---|
| March 31, 2026 | March 31, 2025 | |
| Sales | $411,433 | $205,334 |
| Cost of sales and other direct production costs | 124,410 | 106,837 |
| Depreciation, depletion and amortization | 33,768 | 29,816 |
| Total cost of sales | 158,178 | 136,653 |
| Gross profit | 253,255 | 68,681 |
| Other operating expenses: | ||
| General and administrative | 15,753 | 11,999 |
| Exploration and pre-development | 4,616 | 4,313 |
| Suspension costs | 3,246 | 3,306 |
| Provision for closed operations and environmental matters | 1,297 | 790 |
| Other operating expense, net | 5,236 | 868 |
| Total other operating expenses | 30,148 | 21,276 |
| Income from continuing operations | 223,107 | 47,405 |
| Other expense: | ||
| Interest expense | (5,656) | (11,392) |
| Fair value adjustments, net | (5,945) | 3,388 |
| Net foreign exchange gain (loss) | 498 | (367) |
| Other income | 3,549 | 942 |
| Total other expense | (7,554) | (7,429) |
| Income before income and mining taxes | 215,553 | 39,976 |
| Income and mining tax provision | (50,900) | (15,637) |
| Net income from continuing operations | 164,653 | 24,339 |
| Net (loss) income from discontinued operations, net of taxes | (183,681) | 4,533 |
| Net (loss) income | (19,028) | 28,872 |
| Preferred stock dividends | (132) | (138) |
| Net (loss) income applicable to common stockholders | $(19,160) | $28,734 |
| Comprehensive (loss) income: | ||
| Net income from continuing operations | $164,653 | $24,339 |
| Change in fair value of derivative contracts designated as hedge transactions and other | (2,157) | 2,434 |
| Comprehensive income from continuing operations | 162,496 | 26,773 |
| Comprehensive loss from discontinued operations | (183,681) | 4,533 |
| Comprehensive (loss) income | $(21,185) | $31,306 |
| Net (loss) income per common share: | ||
| Basic: | ||
| Continuing operations | $0.25 | $0.04 |
| Discontinued operations | (0.28) | 0.01 |
| Basic income per common share after preferred dividends | $(0.03) | $0.05 |
| Diluted (loss) income per share: | ||
| Continuing operations | $0.24 | $0.04 |
| Discontinued operations | (0.27) | 0.01 |
| Diluted income per common share after preferred dividends | $(0.03) | $0.05 |
| Weighted average number of common shares outstanding - basic | 670,392 | 632,047 |
| Weighted average number of common shares outstanding - diluted | 675,154 | 634,708 |
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