HL Earnings Prediction
The chart below shows how HL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HL sees a +3.52% change in stock price 10 days leading up to the earnings, and a +6.14% change 10 days following the report. On the earnings day itself, the stock moves by +1.30%. This data can give you a slight idea of what to expect for the next quarter's release.
HL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
249.66M
55.36%
1.86%
Gross Margin
27.37%
540.98%
13.15%
Operating Margin
19.15%
307.48%
31.07%
Net Margin
4.78%
117.89%
563.89%
EPS
0.02
128.57%
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No Data Available
HL Earnings Analysis
Hecla Mining Co Corporation (HL.N) Earnings Conference Call
Positive
Record Revenue Achievement: Hecla Mining achieved record revenues of over $900 million in 2024, with 44% from silver and 34% from gold, driven by higher metal prices and solid contributions from all operating mines.
Free Cash Flow Generation: The company generated $228 million in free cash flow from its cornerstone assets, Greens Creek and Lucky Friday, enabling strategic investments in growth opportunities.
Dividend Maintenance and Growth: Hecla maintained its base annual dividend of $0.015 while prioritizing investments in organic growth and strengthening its balance sheet.
Silver Reserves Increase: The company reported a 17% increase in silver reserves at Keno Hill, highlighting the district's exceptional potential and contributing to the second highest silver reserve in its history.
Silver Production Consistency: Greens Creek produced 8.5 million ounces of silver in 2024, maintaining a consistent annual production level and generating $147 million in free cash flow.
Record Silver and Zinc Production: Lucky Friday had a record-breaking operational year, producing 4.9 million ounces of silver and achieving the highest zinc production in its history, while maintaining a strong safety record.
Silver Production Strategy: Hecla's strategic focus on silver production in the U.S. and Canada positions it well to meet growing demand from green technology and renewable energy sectors, leveraging its industry-leading cost structure.
Negative
Operational Challenges Impacting Production: Operational challenges at Keno Hill, including a 25-day mill shutdown and power curtailments, have impacted production and are expected to continue into early 2025.
Strategic Asset Review: Casa Berardi has not yet realized its potential, leading to a strategic review of the asset and consideration of all alternatives, including potential divestment.
Rising Operational Costs: Increased costs per ounce at Greens Creek and Lucky Friday due to higher labor and power costs, with expectations for further increases in 2025.
Dividend Elimination for Growth: The elimination of the Silver League dividend to reinvest in organic growth opportunities, indicating a shift away from immediate shareholder returns.
Keno Hill Ramp-Up Challenges: Keno Hill's ramp-up has been more challenging than anticipated, with significant infrastructure investments needed to reach profitable production levels.
Permitting Process Risks: The permitting process for Keno Hill remains a significant risk, with delays impacting the timeline for achieving targeted production levels.
Production Gap Anticipated: The transition to surface-only operations at Casa Berardi is expected to create a production gap, with a five-year hiatus between the completion of current operations and the start of new pits.
