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Hecla Mining HL Mineral Exploration — Cost of Goods Sold

Discontinued — last reported Q1 '18

Similar metrics at other companies

Coeur Mining logo
CDEMineral, Exploration — Costs applicable to sales
$25.7M+30.6%
Antero Resources logo
ARExploration And Mine Expenses — Cost of Goods Sold
$702K+16.4%
Coeur Mining logo
CDEMineral Exploration — General And Administrative Expense
$7.32M
Antero Resources logo
ARExploration — Cost of Goods Sold
$792K+18.6%
Jaguar Uranium
 logo
JAGUGeological — Exploration Expense
$2.52K-98.6%
Coeur Mining logo
CDEOperating Segments — Cost Of Goods Sold
$119.91M+0.4%

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:CostOfGoodsAndServicesSold.

The official record: Hecla Mining’s 10-Q, filed May 10, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does mineral exploration — cost of goods sold mean?
The direct operating expenses incurred to support the day-to-day activities of the mineral exploration business segment.
How do you interpret mineral exploration — cost of goods sold?
An increase relative to exploration output may signal operational inefficiencies or rising input costs, whereas a decrease could indicate improved cost management or reduced activity levels.
How does mineral exploration — cost of goods sold compare across companies?
Comparable to direct operating expenses for exploration divisions at other mining companies, often benchmarked against the scale of exploration activity and geographic operational complexity.