Shares of Hecla Mining (HL) plunged 5.23% in pre-market trading on Friday following the release of its first-quarter 2025 earnings report. The precious metals mining company's results fell short of analyst expectations, triggering a sell-off among investors.

Hecla Mining reported adjusted earnings of 4 cents per share for the quarter ended March 31, missing the mean expectation of 5 cents per share from eight analysts. While this represents an improvement from the 1 cent per share reported in the same quarter last year, it wasn't enough to meet Wall Street's projections, which ranged from 2 cents to 7 cents per share.

Despite the earnings miss, the company saw a significant increase in revenue, which rose 37.9% to $261.34 million, surpassing analysts' expectations of $236.26 million. Hecla Mining also reported a quarterly net income of $28.73 million. However, these positive aspects weren't enough to offset investor disappointment in the earnings shortfall. The sharp stock decline comes after a period of growth, with Hecla Mining shares having risen by 2.9% this quarter and gained 16.5% year-to-date prior to this report.