Hecla Mining posts record cash flow and lifts silver production outlook
Hecla Mining reported third‑quarter 2026 results with adjusted earnings of $0.22 per share and revenue of $395 million. The company generated record operating cash flow of $203 million and free cash flow of $151 million, and produced 4.2 million ounces of silver at an all‑in sustaining cost of $14.34 per ounce. Management raised its medium‑term target to more than 20 million ounces of annual silver output and lifted the 2026 production guidance to 15.3‑16.1 million ounces, while lowering the AISC guidance to $11.50‑$12.50 per ounce.
Why it matters
The record cash generation expands Hecla’s balance sheet to about $1.2 billion of liquidity, giving it flexibility to fund organic growth projects (source 1). The higher production guidance and lower cost outlook suggest improved earnings potential for investors, according to the company’s guidance (source 3).
Key facts
- 1Adjusted earnings were $0.22 per share (source 1). investing.com
- 2Revenue from continuing operations was $395 million (source 1). investing.com
- 3Operating cash flow from continuing operations was $203 million (source 1). investing.com
- 4Free cash flow was $151 million (source 1). investing.com
- 5Consolidated silver production was 4.2 million ounces (source 1). investing.com
- 6All‑in sustaining cost (AISC) was $14.34 per ounce (source 1). investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.