Hecla Mining Firm HL reported fourth-quarter 2024 adjusted earnings per share of 4 cents, consistent with the Zacks Consensus Estimate. HL incurred a loss per share of 4 cents within the year-ago quarter.
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Together with one-time objects, the corporate posted earnings of two cents per share in opposition to a lack of 7 cents within the prior-year quarter.
Hecla Mining Firm Value, Consensus and EPS Shock
Hecla Mining Company price-consensus-eps-surprise-chart | Hecla Mining Firm Quote
HL’s Gross sales & Margins Rise Y/Y on Larger Gold Costs
The corporate’s revenues elevated 55.4% yr over yr to $250 million within the quarter beneath overview. The highest line beat the Zacks Consensus Estimate of $229 million.
Gold costs rose 10.7% yr over yr to $2,656 an oz.. The realized silver value was $30.19 per ounce within the quarter, up 28.6% from $23.47 within the prior-year quarter. Realized costs for lead and zinc have been down 13.8% and up 10.1%, respectively.
The overall price of gross sales elevated 17.9% yr over yr to $181 million within the quarter. Gross revenue marked a considerable enchancment to $68.3 million from the prior-year quarter’s $7 million. The gross margin within the fourth quarter of 2024 was 27.4% in contrast with 4.3% within the prior-year quarter.
Adjusted EBITDA was $86.6 million, up from $33 million within the fourth quarter of 2023.
Hecla Mining’s This fall Manufacturing Numbers
HL reported a silver manufacturing of three.87 million ounces within the fourth quarter of 2024, up 6.3% on a sequential foundation. Manufacturing improved 32% from the fourth quarter of 2023.
Gold manufacturing grew 10.7% to 35,727 ounces from the third quarter of 2024. The identical was down 3.9% from the prior-year quarter.
HL’s 2024 Efficiency
The corporate delivered adjusted earnings per share of 11 cents in 2024. The Zacks Consensus Estimate was pegged at earnings of 8 cents. It reported an adjusted lack of 1 cent in 2023.
Together with one-time objects, Hecla Mining reported earnings of 6 cents per share in opposition to a loss per share of 14 cents within the prior yr.
The corporate’s revenues grew 29.1% yr over yr to a document $930 million in 2024. The highest-line determine beat the Zacks Consensus Estimate of $919 million.
Hecla Mining’s Monetary Place
The corporate ended 2024 with $26.8 million of money and money equivalents, down from the $106 million held on the finish of 2023. The money circulate from working actions was $218.3 million in 2024 in opposition to an influx of $75 million within the prior yr.
HL’s 2025 Steerage
The corporate expects consolidated silver manufacturing of 15.5-17.0 million ounces in 2025. Consolidated gold manufacturing is anticipated to be 120-130 thousand ounces in 2025.
Hecla Mining Inventory’s Value Efficiency
HL shares have gained 51.7% previously yr in contrast with the industry‘s development of 76.5%.
Picture Supply: Zacks Funding Analysis
Mining Silver Shares Awaiting Outcomes
Pan American Silver Corp. PAAS, anticipated to launch fourth-quarter 2024 outcomes on Feb. 19, has a trailing four-quarter common earnings shock of detrimental 19.3%. The Zacks Consensus Estimate for PAAS’s earnings is pegged at 35 cents per share, implying a year-over-year enchancment from a lack of 4 cents reported within the year-ago quarter.
The consensus estimate for PAAS’ prime line is pegged at $805 million, indicating a 20.2% improve from the prior-year reported determine.
Avino Silver & Gold Mines Ltd. ASM, anticipated to launch fourth-quarter 2024 outcomes subsequent month, has a trailing four-quarter common earnings shock of 75%. The Zacks Consensus Estimate for ASM’s earnings is pegged at 1 cent per share, implying a year-over-year decline of fifty%.
The consensus estimate for the corporate’s prime line is pegged at $17.2 million, indicating a 37.2% rise from the prior-year reported determine.
HL’s Zacks Rank & One other Key Decide
The corporate at present carries a Zacks Rank #1 (Robust Purchase). You may see the complete list of today’s Zacks #1 Rank stocks here.
One other top-ranked inventory from the fundamental supplies area is Carpenter Know-how Company CRS, which at present carries a Zacks Rank #2 (Purchase). The Zacks Consensus Estimate for Carpenter Know-how’s 2025 earnings is pegged at $6.83 per share. The consensus estimate for 2025 earnings has moved 1% north previously 60 days. It has a median trailing four-quarter earnings shock of 15.7%. CRS shares have skyrocketed 188% in a yr.
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Carpenter Technology Corporation (CRS) : Free Stock Analysis Report
Hecla Mining Company (HL) : Free Stock Analysis Report
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Avino Silver (ASM) : Free Stock Analysis Report
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