Shares jumped 6.0% following Hecla’s earnings as the company’s debt-free position, strong operating cash flow, and promising project pipeline reinforced confidence in robust margin and production growth prospects.

• Net long-term debt eliminated with $263 million senior note redemption completed in April, significantly strengthening the balance sheet.
• Q1 revenue from continuing operations surpassed $410 million, up 13% sequentially and doubled versus Q1 2025.
• Produced 3.9 million ounces of silver, a 3% increase from the prior quarter, supported by low cash costs near negative $3/oz and all-in sustaining costs below $10/oz.
• Record adjusted EBITDA of $265 million and consolidated free cash flow of $144 million; every mine generated positive free cash flow.
• Advancement of near-term projects including the low-capital pyrite concentrate circuit and tailings reprocessing at Greens Creek, alongside exploration investment nearly doubling in 2026, signals potential for sustained production growth beyond 16.5 million ounces guidance.