New York, Feb 23, 2026, 18:57 EST — After-hours
Hecla Mining Company shares slipped 0.1% to $23.99 in Monday’s after-hours action, following a regular session that saw the stock fluctuate between $23.66 and $25.20.
The swings stand out, given the main action hit the metal Hecla relies on. Gold surged over 2%, while silver climbed to its highest point in about two weeks, with investors scrambling for safety after renewed questions surfaced on U.S. tariff policy.
iShares Silver Trust jumped roughly 5.2%, with SPDR Gold Shares not far behind—up 2.7%. First Majestic climbed 3.8% and Pan American ticked up 0.7% among U.S.-listed silver miners. Coeur Mining, though, slid 0.8%.
Hecla’s annual report put up some eye-catching numbers: revenue topped $1.4 billion for 2025, a record, with net income to common stockholders at $321 million. Free cash flow landed at $310 million, after capital expenditures, leaving net debt just under $34 million. Output for the year hit 17.0 million ounces of silver. The company is also looking to sell its Casa Berardi unit and other Quebec properties to Orezone Gold — the deal, valued at as much as $593 million, is slated to wrap up in the first quarter. “2025 was a transformational year,” CEO Rob Krcmarov said in the statement. SEC
Hecla finished Monday’s session resembling less a straightforward metal play and more a name still digesting its sharp rally and a burst of fresh news. That disconnect often lingers, with investors weighing gold’s jump versus the miner’s own risk profile and ability to pull off deals.
The downside risk is clear enough. Should the safe-haven appeal ease off and silver prices retreat, miners could tumble quickly. Hecla faces added pressure—any hiccup at its mines or delays unloading assets would probably hit the stock even harder after its recent swings.
Looking past the upcoming session, market focus shifts to U.S. inflation cues, which have the power to sway the dollar and precious metals. January’s producer price index lands Friday, Feb. 27, with a release set for 8:30 a.m. ET.
Hecla’s next key date: March 9, which is when the company sets its record date for common-stock dividends. Payment is slated for around March 24, per a recent filing.
