Earnings Releases·Nov 3, 2026, 6:25 PM ET

Hecla Mining — Third Quarter 2026 Earnings Summary

**Record Financial Performance:** Revenue reached $395 million (up 18% QoQ) and free cash flow hit a record $151 million (nearly tripling YoY), while the company maintained a debt-free balance sheet with $1.2 billion in total liquidity.
**Raised Production Guidance:** Consolidated 2026 silver production guidance was increased to 15.3-16.1 million ounces, driven by upward revisions at Lucky Friday and Keno Hill, alongside improved cost guidance for total silver cash cost and AISC.
**Operational Milestones:** Keno Hill achieved a record quarterly silver production of nearly 1.0 million ounces, while Greens Creek generated a record site-level free cash flow of $147 million.
**Strategic Capital & Governance:** The Board declared a quarterly dividend of $0.00375 per share, welcomed new director Dale Andres, and entered a new $500 million revolving credit agreement (undrawn), while lowering 2026 capital investment guidance to $198-$214 million.