Hecla Mining Company Reports 29% Increase in Sales and Swings to $35.8M Net Income in 2024; EPS Rises to $0.06

Reuters
05-21
Hecla Mining Company Reports 29% Increase in Sales and Swings to $35.8M Net Income in 2024; EPS Rises to $0.06

Hecla Mining Company released its 2024 annual financial results, reporting a notable increase in sales and net income. The company's sales amounted to $929.9 million, up from $720.2 million in 2023. Furthermore, Hecla recorded a net income of $35.8 million for 2024, a significant turnaround from a net loss of $84.2 million in the previous year. Basic income per common share was reported at $0.06, compared to a basic loss of $0.14 per share in 2023. The company's strategy remains focused on generating free cash flow and using it to deleverage and reduce debt. Hecla marked 60 years on the New York Stock Exchange by ringing the closing bell on November 21, 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hecla Mining Company published the original content used to generate this news brief on May 21, 2025, and is solely responsible for the information contained therein.

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