Hecla Mining Third Quarter 2024 Earnings: EPS: US$0.003 (vs US$0.037 loss in 3Q 2023)

Hecla Mining (NYSE:HL) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$245.1m (up 35% from 3Q 2023).
• Net income: US$1.62m (up from US$22.6m loss in 3Q 2023).
• Profit margin: 0.7% (up from net loss in 3Q 2023).
• EPS: US$0.003 (up from US$0.037 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hecla Mining Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company's shares are down 7.2% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Hecla Mining that you should be aware of before investing here.

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