Hecla Mining Company (HL) reported significantly higher first-quarter profit from continuing operations, mainly driven by increase in revenue.
Net income from continuing operations rose to $164.65 million or $0.25 per share from $24.34 million or $0.04 per share a year earlier.
After a non-cash $192 million write-down related to the Casa Berardi sale, the company posted net loss attributable to common stockholders of $19 million or $0.03 per share.
Adjusted EBITDA from continuing operations grew to $265 million from $77 million in the same period last year.
Revenue from continuing operations doubled to $411.43 million from $205.33 million a year ago.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.