For the year ending 2025-12-31, HL-PB had $214,687K increase in cash & cash equivalents over the period. $310,249K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net loss | 321,712 | 35,802 | -84,217 | -37,348 |
| Depreciation, depletion and amortization | 165,570 | 190,471 | 163,672 | 145,147 |
| Fair value adjustments, net | 12,455 | -2,204 | 2,925 | -24,182 |
| Inventory adjustments | 13,012 | 11,707 | 20,819 | 2,646 |
| Provision for reclamation and closure costs | 11,635 | 9,370 | 9,658 | 9,572 |
| Deferred income taxes | -130,467 | -19,688 | 6,115 | 25,546 |
| Stock-based compensation | 10,918 | 8,659 | 6,598 | 6,012 |
| Foreign exchange (gain) loss | -5,764 | 7,552 | -3,810 | 9,210 |
| Write-down of property, plant and equipment | 0 | 14,574 | - | - |
| Other non-cash items | -12,049 | -1,706 | -3,094 | -3,736 |
| Accounts receivable | 136,835 | 17,159 | -25,133 | -8,669 |
| Inventories | 21,469 | 32,835 | 24,035 | 18,230 |
| Other current and non-current assets | -30,915 | 12,517 | 32,456 | 12,388 |
| Accounts payable, accrued and other current liabilities | -765 | -2,826 | 598 | -24,981 |
| Accrued payroll and related benefits | 22,372 | 6,739 | -4,982 | 13,732 |
| Accrued taxes | 16,978 | 2,817 | -571 | -7,927 |
| Accrued reclamation and closure costs and other non-current liabilities | 7,230 | 12,571 | 2,582 | -11,824 |
| Net cash provided by operating activities | 562,638 | 218,277 | 75,499 | 89,890 |
| Additions to property, plant and equipment and mine development | 252,389 | 214,492 | 223,887 | 149,378 |
| Proceeds from disposition of assets | 734 | 1,694 | - | - |
| Pre-acquisition advance to alexco | - | 0 | 0 | 25,000 |
| Acquisition, net | 0 | 0 | -228 | -8,953 |
| Purchase of carbon credits | - | - | 0 | 0 |
| Proceeds from sale or exchange of investments | 28,087 | 0 | 0 | 9,375 |
| Proceeds from disposition of properties, plants, equipment and mineral interests | - | - | 1,329 | 748 |
| Purchase of silver puts | 25,000 | - | - | - |
| Purchases of investments | 21,932 | 73 | 8,962 | 31,971 |
| Net cash used in investing activities | -270,500 | -212,871 | -231,292 | 187,273 |
| Proceeds from issuance of common stock, net of offering costs | 216,225 | 58,368 | 56,684 | 17,278 |
| Dividends paid to common and preferred stockholders | 10,375 | 25,331 | 15,713 | 12,932 |
| Acquisition of treasury shares from employee equity awards | 885 | 1,197 | 2,036 | 3,677 |
| Borrowings of debt | 153,000 | 279,000 | 239,000 | 25,000 |
| Repayments of debt | 427,245 | 384,000 | 111,000 | 25,000 |
| Repayments of finance leases and other | 8,715 | 10,664 | 10,605 | 7,633 |
| Other | - | - | 0 | -536 |
| Net cash (used in) provided by financing activities | -77,995 | -83,824 | 156,330 | -7,500 |
| Effect of exchange rates on cash | 544 | -1,076 | 1,095 | -273 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents | 214,687 | -79,494 | 1,632 | -105,156 |
| Cash and cash equivalents at beginning of period | 28,045 | 107,539 | 105,907 | 211,063 |
| Cash and cash equivalents at end of period | 242,732 | 28,045 | 107,539 | 105,907 |
HECLA MINING CO DE (HL-PB)
HECLA MINING CO DE (HL-PB)