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Form 8-K · Current Report · Filed 2024-11-07

Hecla Mining Company Announces Dividend Payment

On November 6, 2024, Hecla Mining Company announced its third quarter 2024 operating and financial results.

Filer
Hecla Mining Company HL · NYSE
Filed
Accession
0001437749-24-033735
CIK
0000719413
Signal
Medium impactBasic Materials

Details

Additionally, the Company declared a dividend on its common stock of $0.01375 per share, payable on or about December 4, 2024. Furthermore, the Company declared a dividend of $0.875 per share on its Series B Cumulative Convertible Preferred Stock, payable on or about January 3, 2025.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 8.01

Other Events

Dividend Announced
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$6.20

Next session

-7.6%

Since filing

+127.7%

Latest close

$14.12

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HL reporting the same item, with the next session's move:

Exhibits (1)

About Hecla Mining Company

Hecla Mining Company is a prominent player in the precious metals mining industry, primarily focusing on the production of silver and gold. Founded in 1891, Hecla is one of the oldest mining companies in North America, with a rich history of resource extraction and development across the continent. The company operates several mines, including the Greens Creek mine in Alaska and the Lucky Friday mine in Idaho, which are among the top-producing silver mines in the United States. Hecla's operations are heavily involved in the exploration, development, and production of mineral assets, which contribute significantly to the precious metals markets. Hecla Mining's strategic initiatives are geared towards enhancing operational efficiency and expanding its resource base, thus ensuring a robust supply chain in the silver and gold sectors. This positions the company as a critical player in meeting industrial demand for these metals, used widely in electronics, currency, and jewelry. Hecla's expertise and long-standing presence in the industry mark it as a substantial contributor to the mining sector's growth and stability.

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