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Hecla Mining HL Exploration And Predevelopment Expense

Exploration And Predevelopment Expense at other companies

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$29.83M+75.9%
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$10.75M+53.6%
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$875K-44.3%
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$145.25M-15.8%
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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 hl:ExplorationAndPredevelopmentExpense.

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 exploration and predevelopment expense?
Hecla Mining (HL) reported exploration and predevelopment expense of $4.62M in Q1 2026.
How has Hecla Mining's exploration and predevelopment expense changed year-over-year?
Hecla Mining's exploration and predevelopment expense increased by 7.0% year-over-year, from $4.31M to $4.62M.
What is the long-term trend for Hecla Mining's exploration and predevelopment expense?
Over 4 years (2021 to 2025), Hecla Mining's exploration and predevelopment expense has grown at a -12.9% compound annual growth rate (CAGR), from $47.9M to $27.56M.
What does exploration and predevelopment expense mean?
Costs associated with searching for new mineral deposits and preparing sites for future mining.
How do you interpret exploration and predevelopment expense?
Higher spending signals an aggressive growth strategy, while lower spending may indicate a focus on current cash flow over long-term reserve replacement.
How does exploration and predevelopment expense compare across companies?
Specific to the mining and oil/gas industries as a key indicator of future production pipeline.