HighGravityData

Hecla Mining — Nov 6, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001437749-24-033735
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend of common stock
“$0.01375 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 48
Quarterly cash dividend of common stock
“$0.01375 per share”
Quarterly cash dividend of preferred stock
“$0.875 per share”
Greens Creek Silver Production (Moz), Current for FY2024
“8.6 - 9.0”
Greens Creek Gold Production (Koz), Current for FY2024
“46 - 51”
Greens Creek Silver Equivalent (Moz), Current for FY2024
“19.5 - 20.5”
Greens Creek Gold Equivalent (Koz), Current for FY2024
“226 - 236”
Lucky Friday Silver Production (Moz), Current for FY2024
“4.7 - 5.0”
Lucky Friday Silver Equivalent (Moz), Current for FY2024
“8.8 - 9.1”
Lucky Friday Gold Equivalent (Koz), Current for FY2024
“100 - 105”
Casa Berardi Gold Production (Koz), Current for FY2024
“80 - 87”
Casa Berardi Silver Equivalent (Moz), Current for FY2024
“6.9 - 7.5”
Keno Hill Silver Production (Moz), Current for FY2024
“2.7 - 3.0”
Keno Hill Silver Equivalent (Moz), Current for FY2024
“3.0 - 3.5”
Keno Hill Gold Equivalent (Koz), Current for FY2024
“36 - 40”
Total Silver Production (Moz), Current for FY2024
“16.0 - 17.0”
Total Gold Production (Koz), Current for FY2024
“126 - 138”
Total Silver Equivalent (Moz), Current for FY2024
“38.2 - 40.6”
Total Gold Equivalent (Koz), Current for FY2024
“442 - 468”
Expenditures on production costs, excluding … for FY2024
“$25-$27 million per quarter”
Greens Creek cash cost, after by-product cre… for FY2024
“$1.50 - $2.00”
Greens Creek AISC, after by-product credits,… for FY2024
“$7.50 - $8.00”
Lucky Friday Costs of Sales (million), Current for FY2024
“140”
Lucky Friday cash cost, after by-product cre… for FY2024
“$6.00 - $6.50”
Lucky Friday AISC, after by-product credits,… for FY2024
“$14.50 - $15.00”
Total Silver cash cost, after by-product cre… for FY2024
“$3.00 - $3.75”
Total Silver AISC, after by-product credits,… for FY2024
“$13.50 - $14.50”
Casa Berardi Costs of Sales (million), Current for FY2024
“215”
Casa Berardi cash cost, after by-product cre… for FY2024
“$1,500 - $1,700”
Casa Berardi AISC, after by-product credits,… for FY2024
“$1,750 - $1,975”
Total Capital expenditures - Total for FY2024
“$196 - $218”
Total Capital expenditures - Sustaining for FY2024
“$113 - $124”
Total Capital expenditures - Growth for FY2024
“$83 - $94”
Greens Creek - Total Capital expenditures for FY2024
“$50 - $55”
Greens Creek - Sustaining Capital expenditures for FY2024
“$47 - $50”
Greens Creek - Growth Capital expenditures for FY2024
“$3 - $5”
Lucky Friday - Growth Capital expenditures for FY2024
“$3 - $5”
Lucky Friday - Total Capital expenditures for FY2024
“$45 - $50”
Lucky Friday - Sustaining Capital expenditures for FY2024
“$42 - $45”
Keno Hill - Total Capital expenditures for FY2024
“$45 - $50”
Keno Hill - Sustaining Capital expenditures for FY2024
“$10 - $12”
Keno Hill - Growth Capital expenditures for FY2024
“$35 - $38”
Casa Berardi - Total Capital expenditures for FY2024
“$56 - $63”
Casa Berardi - Sustaining Capital expenditures for FY2024
“$14 - $17”
Casa Berardi - Growth Capital expenditures for FY2024
“$42 - $46”
Pre-Development for FY2024
“$6.5”
Total Silver Costs of Sales (million), Current for FY2024
“405”
Greens Creek Costs of Sales (million), Current for FY2024
“265”
Exploration for FY2024
“$25”
Exhibit 99.1 · the passage around this item
… earlier in the release
  Assay highlights include (reported widths are estimates of true width): ● Upper Plate: 22.2 oz/ton silver, 0.02 oz/ton gold, 1.4% zinc, and 0.7% lead over 11.6 feet   Investor Relations, Hecla Mining Company • 1-800-432-5291• hmc-info@hecla.com 9     ● 200 South Zone: 74.0 oz/ton silver, 0.03 oz/ton gold, 4.7% zinc, and 2.2% lead over 33.8 feet ● Southwest Bench: 51.4 oz/ton silver, 0.52 oz/ton gold, 9.3% zinc, and 4.9% lead over 19.0 feet ● West Zone: 30.0 oz/ton silver, 0.45 oz/ton gold, 20.0% zinc, and 7.5% lead over 11.3 feet   Detailed complete drill assay highlights can be found in Table A at the end of the release.   DIVIDENDS   Common Stock The Board of Directors declared a quarterly cash dividend of $0.01375 per share of common stock, consisting of $0.00375 per share for the minimum dividend component and $0.01 per share for the silver-linked component. The common stock dividend is payable on or about December 4, 2024, to stockholders of record on November 21, 2024. The quarter realized silver price was $29.43, satisfying the criterion for the Company’s common stock silver-linked dividend policy component for silver price threshold of $25 per ounce.   Preferred Stock The Board of Directors declared a quarterly cash dividend of $0.875 per share of preferred stock, payable on or about January 3, 2025, to stockholders of record on December 16, 2024.   2024 GUIDANCE 6   The Company is revising it's 2024 silver production and cost guidance and affirming its capital guidance. As the Company's new CEO, Mr. Rob Krcmarov, begins his role, and in light of the Company's ongoing review of operations at Keno Hill and Casa Berardi, the Company is not providing any guidance beyond 2024, and expects to provide 2025 guidance along with its 2024 year-end release in February 2025.   2024 Production Outlook   The Company is lowering silver production guidance for Lucky Friday and G
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.