Hecla Mining First Quarter 2024 Earnings: In Line With Expectations


Hecla Mining (NYSE:HL) First Quarter 2024 Results

Key Financial Results Revenue: US$189.5m (down 5.0% from 1Q 2023). Net loss: US$5.89m (loss widened by 78% from 1Q 2023). US$0.01 loss per share (further deteriorated from US$0.006 loss in 1Q 2023). NYSE:HL Earnings and Revenue Growth May 10th 2024

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 5.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company’s shares are up 15% from a week ago.

Risk Analysis

You still need to take note of risks, for example – Hecla Mining has 2 warning signs we think you should be aware of.

Valuation is complex, but we’re helping make it simple.

Find out whether Hecla Mining is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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