NYSE$HL

Hecla Mining Company · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Continued a strong second half of 2019 and reported record annual revenue, gold production and silver reserves.

Hecla Mining Company reported fourth quarter sales of $225 million with a net loss of $8.0 million. The company had cash flow from operations of $57 million and adjusted EBITDA of $62 million.

  • Fourth quarter sales of $225 million.
  • Cash flow from operations of $57 million.
  • Net loss of $8.0 million.
  • Adjusted EBITDA of $62 million.

Headline financials

Total Revenue

$225M

Previous: $137M+64.8%
EPS (adj)

-$0.02

Previous: -$0.06+73.6%
Total Silver Production

3.4M

No prior period
Total Gold Production

74.8K

No prior period
Capital Expenditures

$24.1M

Previous: $53.6M-55.1%
Free Cash Flow

$33.2M

Previous: -$34.6M+195.8%
Net Income

-$7.98M

Previous: -$23.7M+66.3%
Operating Income

$7.61M

Previous: -$24.5M+131.1%
Gross Profit

$25.3M

Previous: -$1.27M+2101.4%
Cash & Equivalents

$62.5M

Previous: $27.4M+128.0%
Total Assets

$2.64B

Previous: $2.7B-2.5%
Stock-Based Comp

$910K

Previous: $1.61M-43.3%

Revenue & EPS history

Hecla · Revenue · Quarterly

$225M

Q4 2019+64.8%vs Q4 2018
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Hecla · $175M total across 3 segments · Q2 2023

  • Greens Creek Cash Flow
    $95.9M+3.4%
  • Lucky Friday Cash Flow
    $42.6M+18.9%
  • Casa Berardi Cash Flow
    $36.9M-41.0%

Forward guidance

In 2020, at current prices, we expect continued strong cash flow generation with the ongoing solid performance at Greens Creek, the ramp-up of Lucky Friday, expected improvements at Casa Berardi and the potential mine life extension at San Sebastian from the Hugh Zone.

Tailwinds

  • Continued strong cash flow generation with the ongoing solid performance at Greens Creek
  • Ramp-up of Lucky Friday
  • Expected improvements at Casa Berardi
  • Potential mine life extension at San Sebastian from the Hugh Zone
  • Senior Notes

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro