Movement Alert|Hecla Mining Intraday Rise 9.08% in Regular Trading, Q3 Beat and Silver Rally Lift Shares

Market Focus11-04 22:49

On November 4, Hecla Mining rose 9.08% in Regular Trading, trading at $14.625/share, with turnover of $75.13 million.

The move was supported by a clear dual catalyst: the company reported third-quarter results above market expectations and raised the low end of its full-year consolidated silver production outlook, while spot silver climbed more than 4% and spot gold returned above $4,000 per ounce, lifting precious-metals miners broadly.

For the quarter, Hecla Mining posted GAAP EPS of $0.22, above the $0.16 consensus, on revenue of $394.8 million versus expectations near $340.0 million. Adjusted EBITDA from continuing operations reached $211 million, up 6% from the prior quarter. Management lifted expected consolidated silver production to 15.3 million-16.1 million ounces from 15.1 million-16.1 million ounces, while maintaining Greens Creek silver guidance of 8.0 million-8.3 million ounces and gold guidance of 51,000-55,000 ounces.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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