earnings
confidence high
sentiment positive
materiality 0.65
Hecla Q1 2024 preliminary silver production 4.2M oz, up 43% QoQ; Lucky Friday reaches full production
HECLA MINING CO/DE/
2024-Q1 EPS reported
-$0.01
revenue$189,528,000
- Silver production 4.2M oz (+43% vs Q4 2023); gold 36,592 oz (in line).
- Lucky Friday produced 1.1M oz silver, completed ramp-up to full production in March.
- Greens Creek silver up 10% to 2.5M oz; throughput 2,552 tpd.
- Keno Hill silver 646,312 oz; throughput up 29% to 277 tpd; ramp-up continuing.
- Collected $17.4M insurance proceeds for Lucky Friday fire; expects remaining $32.6M from $50M sublimit.