Quarterly ResultAug 4, 2026, 05:08 PM
Hecla Q2 Cash Flow $175M; Debt-Free; Declares Dividend
AI Summary
Hecla Mining Company announced strong second quarter 2026 financial and operating results, highlighted by $175 million in cash flow from continuing operations and $136 million in free cash flow. The company achieved its strongest balance sheet in history, ending the quarter debt-free with $483 million in cash. Operational performance saw consolidated silver production increase by 8% quarter-over-quarter, with Lucky Friday setting a new production record. Hecla also declared quarterly dividends for both common and Series B preferred stock, and updated its 2026 production and cost guidance.
Key Highlights
- Q2 2026 revenue was $334 million, down from a record prior quarter.
- Income from continuing operations was $118 million, or $0.18 per share.
- Adjusted EBITDA from continuing operations was $199 million, more than double Q2 2025.
- Cash flow from continuing operations was $175 million; free cash flow was $136 million.
- Company ended Q2 debt-free with a cash position of $483 million.
- Consolidated silver production from continuing operations was 4.2 million ounces, up 8% QoQ.
- Hecla declared a common stock dividend of $0.00375 per share, payable September 10, 2026.
- Silver production guidance for 2026 revised to 15.1-16.1 million ounces.
Price Impact
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