Hecla Mining Co.

NYSE:HL   4:00:00 PM EDT
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Other Pre-Announcement

Hecla Reports Q3 Adjusted Loss of $0.02 Per Share

Published: 11/09/2022 11:03 GMT
Hecla Mining Co. (HL) - Hecla Reports Third Quarter 2022 Results.
Q3 Loss per Share $0.04.
Q3 Adjusted Loss per Share $0.02.
Qtrly Sales $146.3 Million Versus $191.2 Million in Q2.
Total Cost of Sales for Silver Were $76.7 Million for Q3 and Were Lower by $14.2 Million Over Prior Quarter.
Inflationary Pressures Have Led to a 10-15% Increase in Costs Since Beginning of Year.
Inflationary Environment is Expected to Remain Challenging for Q4 and Into 2023.
Reaffirmed 2022 Guidance for Annual Production, Cost, and Exploration and Pre-development.
Q3 Earnings per Share View $0.00, Revenue View $171.6 Million -- Refinitiv Ibes Data (analyst estimates).