HECLA MINING CO/DE/
For the period ended Jun 30, 2026. Filed Aug 4, 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.
Jun 30, 2026 · Filed Aug 4, 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 Income (Unaudited)
(Dollars and shares in thousands, except for per-share amounts)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| June 30, 2026 | June 30, 2025 | June 30, 2026 | June 30, 2025 | |
| Sales | $333,851 | $218,992 | $745,284 | $424,326 |
| COSTS AND EXPENSES | ||||
| Costs applicable to sales (1) | 117,283 | 102,400 | 241,693 | 209,237 |
| Depreciation, depletion and amortization | 36,772 | 31,313 | 70,540 | 61,129 |
| General and administrative | 15,173 | 12,540 | 30,926 | 24,539 |
| Exploration and pre-development | 11,681 | 8,737 | 16,297 | 13,050 |
| Care and maintenance | 3,062 | 4,165 | 6,308 | 7,471 |
| Provision for closed operations and environmental matters | 1,329 | 844 | 2,626 | 1,634 |
| Other operating expense, net | 2,853 | 1,026 | 8,089 | 1,894 |
| Total costs and expenses | 188,153 | 161,025 | 376,479 | 318,954 |
| Income from operations | 145,698 | 57,967 | 368,805 | 105,372 |
| Other expense: | ||||
| Interest expense | (2,413) | (10,948) | (8,069) | (22,340) |
| Fair value adjustments, net | (9,246) | 4,450 | (15,191) | 7,838 |
| Net foreign exchange loss | (4,445) | (3,793) | (3,947) | (4,160) |
| Other income | 7,049 | 1,345 | 10,598 | 2,287 |
| Total other expense | (9,055) | (8,946) | (16,609) | (16,375) |
| Income before income and mining taxes | 136,643 | 49,021 | 352,196 | 88,997 |
| Income and mining tax provision | (18,767) | (22,111) | (69,667) | (37,748) |
| Income from continuing operations | 117,876 | 26,910 | 282,529 | 51,249 |
| Income (loss) from discontinued operations, net of taxes | — | 30,795 | (183,681) | 35,328 |
| Net income | $117,876 | $57,705 | $98,848 | $86,577 |
| Preferred stock dividends | (132) | (138) | (264) | (276) |
| Net income applicable to common stockholders | $117,744 | $57,567 | $98,584 | $86,301 |
| Comprehensive income: | ||||
| Income from continuing operations | $117,876 | $26,910 | $282,529 | $51,249 |
| Change in fair value of derivative contracts designated as hedge transactions and other | (8,144) | 3,253 | (10,301) | 5,687 |
| Comprehensive income from continuing operations | $109,732 | $30,163 | $272,228 | $56,936 |
| Comprehensive income (loss) from discontinued operations | — | 30,795 | (183,681) | 35,328 |
| Comprehensive income | $109,732 | $60,958 | $88,547 | $92,264 |
| Net income (loss) per common share: | ||||
| Basic: | ||||
| Continuing operations | $0.18 | $0.04 | $0.42 | $0.08 |
| Discontinued operations | — | 0.05 | (0.27) | 0.06 |
| Basic income per common share after preferred dividends | $0.18 | $0.09 | $0.15 | $0.14 |
| Diluted income (loss) per share: | ||||
| Continuing operations | $0.17 | $0.04 | $0.42 | $0.08 |
| Discontinued operations | — | 0.05 | (0.27) | 0.06 |
| Diluted income per common share after preferred dividends | $0.17 | $0.09 | $0.15 | $0.14 |
| Weighted average number of common shares outstanding - basic | 670,763 | 636,928 | 670,579 | 634,339 |
| Weighted average number of common shares outstanding - diluted | 675,886 | 639,739 | 675,865 | 636,991 |
| (1) Excludes depreciation, depletion and amortization | ||||
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