Hecla Mining Projects 2026 Silver and Gold Production
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 26 2026
0mins
Should l Buy HL?
Source: stocktwits
- Silver Production Outlook: Hecla Mining anticipates silver production of 15.1 to 16.5 million ounces in 2026, slightly below the 17 million ounces produced in 2025, reflecting lower milled-grade expectations at the Greens Creek and Casa Berardi operations, which may impact overall revenue performance.
- Gold Production Forecast: The company expects gold output to range between 134,000 and 146,000 ounces in 2026, down from 150,509 ounces in 2025, indicating both challenges and opportunities for Hecla amid market fluctuations in precious metals.
- Cost Management Strategy: Despite the anticipated decline in production, Hecla projects total silver sales costs at $471 million, and sustained strength in metal prices could allow the company to outperform this cost guidance, showcasing its potential in cost management.
- Stock Price Surge: Driven by a record surge in silver prices, Hecla's shares jumped over 7% in premarket trading and are set to open at their highest level since September 1980, reflecting market optimism regarding the company's future performance.
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Analyst Views on HL
Wall Street analysts forecast HL stock price to rise
7 Analyst Rating
2 Buy
4 Hold
1 Sell
Hold
Current: 19.180
Low
16.00
Averages
23.93
High
36.50
Current: 19.180
Low
16.00
Averages
23.93
High
36.50
About HL
Hecla Mining Company is a silver producer in the United States and Canada. The Company discovers, acquires and develops mines and other mineral interests and produces and markets concentrates containing silver, gold, lead, zinc and copper; carbon material containing silver and gold, and unrefined dore containing silver and gold. The Company's segments include Greens Creek, Lucky Friday, Keno Hill and Casa Berardi. The Greens Creek operation is located on Admiralty Island, near Juneau, Alaska. The Greens Creek ore body contains silver, zinc, gold and lead. The Lucky Friday mine is a deep underground silver, lead, and zinc mine located in the Coeur d’Alene Mining District in northern Idaho. The Casa Berardi mine is an underground/open-pit gold mine located in western Quebec. It owns 100% of the Keno Hill Silver Project, which is located within the Keno Hill Silver District in Canada’s Yukon Territory. The Company also owns a number of exploration and pre-development projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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