What is Hecla Mining's gold — derivative assets?

Hecla Mining (HL) reported gold — derivative assets of $3.25M in Q1 2026.

What does gold — derivative assets mean?

The value of financial contracts held to protect against gold price changes.

How do you interpret gold — derivative assets?

An increase in derivative assets suggests effective hedging or favorable market movements for the company's hedge book.

How does gold — derivative assets compare across companies?

Comparable to 'Fair Value of Derivative Instruments' reported by companies with active commodity hedging programs.

Hecla Mining HL Gold — Derivative Assets

Similar metrics at other companies

HONProduct — Derivatives designated as hedges

$0—

CDEGold sales — Revenue

$475.22M+102%

RGLDGold — Depletion Rate

703—

RGLDGold — Revenue (Note 8)

$333.91M+129%

AOSNon-U.S. — Fair value of derivative instruments, assets

$0—

NEMGold — Costs Applicable to Sales

$328M-10.4%

Other financials

Income statement

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Revenue$411.4M+100%

Gross profit$253.3M+269%

Operating income$223.1M+371%

Net income-$19.0M-166%

EPS (diluted)-$0.03-160%

Balance sheet

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Cash & equivalents$587.6M+2,382%

Total debt$285.7M-51.6%

Total equity$2.6B+24.0%

Total assets$3.4B+11.7%

Cash flow

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Operating cash flow$194.2M+444%

CapEx$39.3M+3.8%

Free cash flow$155.0M+7,480%

Valuation

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Market cap$10.7B+255%

Enterprise value$10.4B+199%

P/E39.1×-3.7×

P/S6.8×+3.6×

Profitability

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Gross margin50.9%+24.8pp

Operating margin43.6%+27.9pp

Net margin17.4%+10.0pp

FCF margin29.7%+26.3pp

Returns & leverage

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Return on equity11.8%+8.3pp

Debt / equity0.1×-0.2×

Current ratio4.9×+3.5×

Where this comes from

Reported directly by Hecla Mining in its filing.

Tagged under the XBRL concept us-gaap:DerivativeAssets.

The official record: Hecla Mining’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hecla Mining's gold — derivative assets?: Hecla Mining (HL) reported gold — derivative assets of $3.25M in Q1 2026.
What does gold — derivative assets mean?: The value of financial contracts held to protect against gold price changes.
How do you interpret gold — derivative assets?: An increase in derivative assets suggests effective hedging or favorable market movements for the company's hedge book.
How does gold — derivative assets compare across companies?: Comparable to 'Fair Value of Derivative Instruments' reported by companies with active commodity hedging programs.