Miners
Hecla Mining Company
HL · NYSE · producer · market cap $13.9B as of 24 Aug 2026
What Hecla Mining Company's own filings say about its costs, margins and results, every figure cited.
Hecla Mining Company share price
/api/equity-quote?symbol=HL.US
- Latest AISC$6.07/ozRank 1 of 8release
- Margin at today's spot
- Silver produced, attributable4.21Msource
- Next report4 Novprior report
Today's spot price minus the latest reported mining cost. Reporting periods vary. This is an illustrative spread, not reported profit. Methodology
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
Costs and margins
- Price, quarter average
- $73.50/toz
- AISC
- $6.07/oz
- Margin
- $67.43/oz
- Margin, % of price
- 91.7%
Latest AISC $6.07 per troy ounce. Silver miners: median AISC $31.29 per troy ounce, Q2 2026, 8 reporters. 1 lowest of 8 silver miners reporting Q2 2026.
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2025 | $39.60 | $11.01 |
| Q4 2025 | $54.10 | $18.11 |
| Q1 2026 | $84.00 | $8.17 |
| Q2 2026 | $73.50 | $6.07 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q1 2023 | $22.50 | $8.96 |
| $24.20 | $11.63 | |
| Q3 2023 | $23.60 | $11.39 |
| $23.40 | $13.10 | |
| Q2 2024 | $28.80 | $12.54 |
| $29.50 | $15.29 | |
| Q4 2024 | $31.40 | $11.51 |
| $31.90 | $11.91 | |
| Q3 2025 | $39.60 | $11.01 |
| $54.10 | $18.11 | |
| $84.00 | $8.17 | |
| Q2 2026 | $73.50 | $6.07 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q4 2020 | $24.40 | $15.35 |
| $26.70 | $7.54 | |
| $24.30 | $12.82 | |
| Q4 2021 | $23.40 | $10.08 |
| $24.00 | $7.64 | |
| $22.70 | $8.55 | |
| Q3 2022 | $19.20 | $14.20 |
| $21.30 | $14.36 | |
| $22.50 | $8.96 | |
| Q2 2023 | $24.20 | $11.63 |
| $23.60 | $11.39 | |
| $23.40 | $13.10 | |
| Q2 2024 | $28.80 | $12.54 |
| $29.50 | $15.29 | |
| $31.40 | $11.51 | |
| Q1 2025 | $31.90 | $11.91 |
| $39.60 | $11.01 | |
| $54.10 | $18.11 | |
| $84.00 | $8.17 | |
| Q2 2026 | $73.50 | $6.07 |
| Category | Silver price (quarterly average) | All-in sustaining cost (AISC) |
|---|---|---|
| Q3 2019 | $17.10 | $8.89 |
| $17.30 | $11.31 | |
| $16.90 | $11.06 | |
| $16.30 | $9.33 | |
| Q3 2020 | $24.50 | $11.53 |
| $24.40 | $15.35 | |
| $26.70 | $7.54 | |
| $24.30 | $12.82 | |
| Q4 2021 | $23.40 | $10.08 |
| $24.00 | $7.64 | |
| $22.70 | $8.55 | |
| $19.20 | $14.20 | |
| Q4 2022 | $21.30 | $14.36 |
| $22.50 | $8.96 | |
| $24.20 | $11.63 | |
| $23.60 | $11.39 | |
| Q1 2024 | $23.40 | $13.10 |
| $28.80 | $12.54 | |
| $29.50 | $15.29 | |
| $31.40 | $11.51 | |
| Q1 2025 | $31.90 | $11.91 |
| $39.60 | $11.01 | |
| $54.10 | $18.11 | |
| $84.00 | $8.17 | |
| Q2 2026 | $73.50 | $6.07 |
All-in sustaining cost (AISC) and the average silver price by quarter, newest first, US$ per ounce; every row cites the company's own release.
| Quarter | Price avg | AISC | Margin | Margin % | Source |
|---|---|---|---|---|---|
| Q2 2026 | $73.50 | $6.07 | $67.43 | 91.7% | release |
| Q1 2026 | $84.00 | $8.17 | $75.83 | 90.3% | release |
| Q4 2025 | $54.10 | $18.11 | $35.99 | 66.5% | release |
| Q3 2025 | $39.60 | $11.01 | $28.59 | 72.2% | release |
| Q1 2025 | $31.90 | $11.91 | $19.99 | 62.7% | release |
| Q4 2024 | $31.40 | $11.51 | $19.89 | 63.3% | release |
| Q3 2024 | $29.50 | $15.29 | $14.21 | 48.2% | release |
| Q2 2024 | $28.80 | $12.54 | $16.26 | 56.5% | release |
| Q1 2024 | $23.40 | $13.10 | $10.30 | 44.0% | release |
| Q3 2023 | $23.60 | $11.39 | $12.21 | 51.7% | release |
| Q2 2023 | $24.20 | $11.63 | $12.57 | 51.9% | release |
| Q1 2023 | $22.50 | $8.96 | $13.54 | 60.2% | release |
| Q4 2022 | $21.30 | $14.36 | $6.94 | 32.6% | release |
| Q3 2022 | $19.20 | $14.20 | $5.00 | 26.0% | release |
| Q2 2022 | $22.70 | $8.55 | $14.15 | 62.3% | release |
| Q1 2022 | $24.00 | $7.64 | $16.36 | 68.2% | release |
| Q4 2021 | $23.40 | $10.08 | $13.32 | 56.9% | release |
| Q3 2021 | $24.30 | $12.82 | $11.48 | 47.2% | release |
| Q2 2021 | $26.70 | $7.54 | $19.16 | 71.8% | release |
| Q4 2020 | $24.40 | $15.35 | $9.05 | 37.1% | release |
| Q3 2020 | $24.50 | $11.53 | $12.97 | 52.9% | release |
| Q2 2020 | $16.30 | $9.33 | $6.97 | 42.8% | release |
| Q1 2020 | $16.90 | $11.06 | $5.84 | 34.6% | release |
| Q4 2019 | $17.30 | $11.31 | $5.99 | 34.6% | release |
| Q3 2019 | $17.10 | $8.89 | $8.21 | 48.0% | release |
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Silver produced, attributable
- 4,208,827 oz
- Prior-quarter silver production
- 3,903,149 oz
More ways to compare Hecla Mining Company
- Reported AISC
- Rank 1 of 8View comparable rankings
Hecla Mining's mines and operations
| Ownership | Jurisdiction | Status | Source | |
|---|---|---|---|---|
| Greens Creek | 100.0 % | United States Alaska | Production | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Lucky Friday | 100.0 % | United States Idaho | Not available | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Casa Berardi | 100.0 % | Canada Quebec | Production | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Keno Hill | 100.0 % | Canada Yukon | Development | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| San Sebastian | 100.0 % | Mexico Durango | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Fire Creek | 100.0 % | United States Nevada | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Hollister | 100.0 % | United States Nevada | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Midas | 100.0 % | United States Nevada | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Heva - Hosco | 100.0 % | Canada Quebec | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| San Juan Silver | 100.0 % | United States Colorado | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Star | 100.0 % | United States Idaho | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Monte Cristo | 100.0 % | United States Nevada | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Rock Creek | 100.0 % | United States Montana | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Libby Exploration | 100.0 % | United States Montana | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Republic | 100.0 % | United States Washington | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Silver Valley | 100.0 % | United States Idaho | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Aurora | 100.0 % | United States Nevada | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Opinaca/Wildcat | 50% / 100% | Canada Quebec | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Rackla - Tiger | 100.0 % | Canada Yukon | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Rackla - Osiris | 100.0% | Canada Yukon | Exploration | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Heva | Not available | Not available | Not available | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Hosco | Not available | Not available | Not available | 10-K (filed 17 Feb 2026); fiscal year 2025 |
| Libby | Not available | Not available | Not available | 10-K (filed 17 Feb 2026); fiscal year 2025 |
Financials, as filed
Key financials
- Net income
- $117.9M
- Operating cash flow
- $194.2M
- Capital expenditure
- $39.3M
- Cash and equivalents
- $483.5M
- EPS (diluted)
- $0.17
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Net income us-gaap:NetIncomeLoss | FY 2025 | $321,712,000 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| Net income us-gaap:NetIncomeLoss | Q2 2026 | $117,876,000 | SEC XBRL, as filed | 10-Q · 4 Aug 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | FY 2025 | $0.49 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| EPS (basic) us-gaap:EarningsPerShareBasic | Q2 2026 | $0.18 | SEC XBRL, as filed | 10-Q · 4 Aug 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | FY 2025 | $0.49 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| EPS (diluted) us-gaap:EarningsPerShareDiluted | Q2 2026 | $0.17 | SEC XBRL, as filed | 10-Q · 4 Aug 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | FY 2025 | $562,638,000 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| Operating cash flow us-gaap:NetCashProvidedByUsedInOperatingActivities | Q1 2026 | $194,246,000 | SEC XBRL, as filed | 10-Q · 5 May 2026 |
| Capital expenditure us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | FY 2025 | $252,389,000 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| Capital expenditure us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | Q1 2026 | $39,265,000 | SEC XBRL, as filed | 10-Q · 5 May 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | FY 2025 | $241,558,000 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| Cash and equivalents us-gaap:CashAndCashEquivalentsAtCarryingValue | Q2 2026 | $483,482,000 | SEC XBRL, as filed | 10-Q · 4 Aug 2026 |
| Shares outstanding dei:EntityCommonStockSharesOutstanding | Q2 2026 | 671,768,431 | SEC XBRL, as filed | 10-Q · 4 Aug 2026 |
| Dividends paid us-gaap:PaymentsOfDividends | FY 2025 | $10,375,000 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
| Dividends paid us-gaap:PaymentsOfDividends | Q1 2026 | $2,786,000 | SEC XBRL, as filed | 10-Q · 5 May 2026 |
| Dividend per share us-gaap:CommonStockDividendsPerShareDeclared | FY 2025 | $0.01 | SEC XBRL, as filed | 10-K · 17 Feb 2026 |
Seven-year statement history
Each fiscal year as the company first filed it with the SEC, in the currency it filed, never converted.
| Statement line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | not available | not available | not available | not available | not available | not available | not available |
| Operating income | not available | not available | not available | not available | not available | not available | not available |
| Net income | not available | $35,802,000 | -$84,217,000 | -$37,348,000 | $35,095,000 | -$16,790,000, restated in a later filing | -$99,557,000, restated in a later filing |
| Operating cash flow | not available | $218,277,000 | $75,499,000 | $89,890,000 | $220,337,000 | $180,793,000 | $120,866,000 |
| Capital expenditure | not available | $214,492,000 | $223,887,000 | $149,378,000 | $109,048,000 | $91,016,000 | $121,421,000 |
| Cash and equivalents | not available | $26,868,000 | $106,374,000 | $104,743,000 | $210,010,000 | $129,830,000 | $62,452,000 |
| Debt | not available | not available | not available | not available | not available | not available | $504,729,000 |
| Dividend per share | not available | $0.01 | not available | not available | not available | not available | $0.01 |
| Source | not available | 10-K · 13 Feb 2025 | 10-K · 15 Feb 2024 | 10-K · 17 Feb 2023 | 10-K · 23 Feb 2022 | 10-K · 18 Feb 2021 | 10-K · 10 Feb 202010-K · 13 Feb 2025 |
- A dash means the SEC filings carry no figure for that year. It is never zero.
- * The figure as first filed; restated in a later filing.
Filings
| Date | Source |
|---|---|
| 4 Aug 2026 | 10-Q(4 Aug 2026) |
| 4 Aug 2026 | 8-K(4 Aug 2026) |
| 22 May 2026 | 8-K(22 May 2026) |
| 5 May 2026 | 10-Q(5 May 2026) |
| 5 May 2026 | 8-K(5 May 2026) |
| 10 Apr 2026 | 8-K(10 Apr 2026) |
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.