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Hecla Mining Third Quarter 2022 Earnings: Revenues Disappoint

Hecla Mining (NYSE:HL) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$146.3m (down 24% from 3Q 2021).

  • Net loss: US$23.7m (loss widened by US$22.5m from 3Q 2021).

  • US$0.043 loss per share (further deteriorated from US$0.002 loss in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

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 1.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the US are expected to remain flat.

Performance of the American Metals and Mining industry.

The company's shares are up 16% from a week ago.

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Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Hecla Mining you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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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