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Hecla Mining Co HL

Alternate Symbol(s):  HL.PR.B

Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.


NYSE:HL - Post by User

Bullboard Posts
Post by Monkeydonkeyon May 05, 2016 6:05am
101 Views
Post# 24843310

Earning out

Earning outSkimmed through the earnings report. It is very impressive imo. Production up a lot! Outlook up. Costs down and outlook down! exploration succes, hint of higher dividend next quarter (imo).

Results impacted by currency losses, but you cant do anything about that. Also the realised silver price is low. Todays price is $2.5 higher.

"The total estimated completion cost of the #4 Shaft is approximately $225 million, with $214.7 million spent through the first quarter." (ready for production in Q4, most of the money spent)

Outlook is amazing, so i expect a very good day! Wow i am really impressed!
Bullboard Posts