NYSE$HL
Hecla Mining Company · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Hecla had record adjusted EBITDA and Lucky Friday ramp-up ahead of schedule.
Hecla Mining Company announced strong Q3 2020 results due to strong operating performance and higher prices, including record adjusted EBITDA and the most free cash flow in a decade. The company also repaid its revolver in full and ramped up Lucky Friday ahead of schedule.
- Sales of $199.7 million, 24% more than the prior year quarter
- Silver production of 3.5 million ounces and gold production of 41,174 ounces
- Lucky Friday ramp-up ahead of schedule
- Generated $73.4 million of cash provided by operating activities and $49.7 million of free cash flow
Headline financials
Revenue & EPS history
Hecla · Revenue · Quarterly
$200M
Revenue by segment
Hecla · $126M total across 3 segments · Q3 2020
- Casa Berardi Cash Flow$53.8M—42.6%
- Greens Creek Cash Flow$51.1M—40.4%
- Lucky Friday Cash Flow$21.5M—17.0%
Forward guidance
Hecla is well positioned to further strengthen its balance sheet, increase exploration activities, and pay its enhanced dividend with the Lucky Friday ramp-up ahead of schedule, the expected improvements at Casa Berardi, and our modest planned capital expenditures
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.0%
Avg return
Earnings day
-1.1%
Avg return
5 days after
-0.1%
Avg return
30 days after
49%
33 / 68 earnings
Positive
+17.1%
Q4 2021
Best reaction
-23.5%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +21.3% | -13.4% | |
| Q4 2025 | +3.6% | +12.9% | -18.8% | |
| Q3 2025 | +11.9% | +22.0% | +40.1% | |
| Q1 2025 | +5.3% | +8.4% | +24.0% | |
| Q4 2024 | -14.6% | -15.5% | -9.9% | |
| Q3 2024 | -4.4% | -11.4% | -12.4% | |
| Q2 2024 | +1.5% | +6.3% | +19.8% | |
| Q1 2024 | +9.6% | +4.8% | +7.0% | |
| Q4 2023 | +7.4% | +3.2% | +26.7% | |
| Q3 2023 | -5.8% | -12.7% | +9.9% | |
| Q2 2023 | -9.3% | -7.0% | -21.5% | |
| Q1 2023 | -12.5% | -13.3% | -13.2% | |
| Q4 2022 | -10.1% | -8.5% | -1.1% | |
| Q3 2022 | +0.4% | +3.8% | +11.7% | |
| Q2 2022 | +5.4% | +4.3% | -11.6% | |
| Q1 2022 | -4.8% | +0.2% | +1.8% | |
| Q4 2021 | +17.1% | +15.1% | +33.5% | |
| Q3 2021 | +1.7% | +4.2% | -13.1% | |
| Q2 2021 | -1.6% | -4.6% | +1.6% | |
| Q1 2021 | +16.5% | +18.9% | +42.7% | |
| Q4 2020 | +1.5% | +14.3% | +8.3% | |
| Q3 2020 | -5.9% | -4.7% | -9.5% | |
| Q2 2020 | -4.7% | -12.3% | -13.1% | |
| Q1 2020 | +3.5% | -1.6% | +23.7% | |
| Q4 2019 | +11.4% | +2.3% | -14.3% | |
| Q3 2019 | -2.5% | +2.1% | +17.3% | |
| Q2 2019 | -14.5% | -20.0% | -10.0% | |
| Q1 2019 | -23.5% | -24.0% | -27.9% | |
| Q4 2018 | -11.6% | -10.6% | -17.1% | |
| Q3 2018 | +0.0% | -8.6% | -0.8% | |
| Q2 2018 | +5.6% | -0.7% | -5.6% | |
| Q1 2018 | -0.5% | -1.0% | -5.3% | |
| Q4 2017 | -1.0% | -6.7% | -4.2% | |
| Q3 2017 | +2.2% | -10.4% | -23.3% | |
| Q2 2017 | -7.9% | -10.9% | -1.8% | |
| Q1 2017 | +1.7% | +8.5% | +10.8% | |
| Q4 2016 | -7.2% | -12.3% | -20.4% | |
| Q3 2016 | +9.4% | -8.9% | -4.5% | |
| Q2 2016 | +0.8% | +8.5% | -8.4% | |
| Q1 2016 | +10.6% | — | — | |
| Q4 2015 | +6.4% | — | — | |
| Q3 2015 | -0.9% | — | — | |
| Q2 2015 | -5.1% | — | — | |
| Q1 2015 | +0.3% | — | — | |
| Q4 2014 | +7.5% | — | — | |
| Q3 2014 | -0.5% | — | — | |
| Q2 2014 | -6.6% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +11.5% | — | — | |
| Q1 2013 | -3.9% | — | — | |
| Q4 2012 | +1.2% | — | — | |
| Q3 2012 | -6.2% | — | — | |
| Q2 2012 | -1.5% | — | — | |
| Q1 2012 | +3.6% | — | — | |
| Q4 2008 | -0.4% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | -5.6% | — | — | |
| Q2 2011 | +7.2% | — | — | |
| Q1 2010 | +6.3% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | -0.9% | — | — | |
| Q3 2009 | -0.9% | — | — | |
| Q2 2010 | +2.8% | — | — | |
| Q2 2009 | +2.8% | — | — | |
| Q4 2009 | +2.8% | — | — |
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