May 12, 2022 / NTS GMT
Phillips S. Baker - Hecla Mining Company - President, CEO & Director
Hi, I'm Phil Baker, President and CEO of Hecla Mining Company. Thanks for joining me to discuss our first quarter 2022 results.
The world is experiencing a combination of risks and events which we've not seen for some time; inflation, a war, $100 oil, rising interest rates, supply chain disruptions, shortages of skilled worker and a pandemic. And how is Hecla navigating through all of this successfully? Well, first, we're doing it because we operate in the United States and Canada, producing about 40% of all the silver mine in the United States, which makes us the largest U.S. silver producer. And we also produce a substantial amount of gold with our operations in Quebec.
Second, while inflationary pressure is impacting everyone, our mines are not large consumers of capital. And as a mature operation with decades of prior investment, our capital spend is low and increased revenues from our byproducts, zinc and lead, largely offset the inflationary pressure.
Third, we operate the best silver mines in the world.
Hecla Mining Co Hecla's Q1 2022 Performance Review Transcript
Feb 10, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers