赫克拉矿业 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto. HECLA MINING COMPANY (Exact Name of Registrant as Specified in its Charter) Delaware(State or other jurisdiction ofincorporation or organization)6500 N. Mineral Drive, Suite 200Coeur d’Alene, Idaho(Address of principal executive offices) 77-0664171(I.R.S. EmployerIdentification No.) Registrant’s telephone number, including area code: (208) 769-4100 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days. Yes☑No__ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☑No__ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” inRule 12b-2 of the Exchange Act. Large accelerated filer☑Non-accelerated filer☐Emerging growth company☐ Smaller reporting company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any newor revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Shares Outstanding May 1, 2026670,712,403 Hecla Mining Company Form 10-Q For the Quarter Ended March 31, 2026 INDEX* PART I.FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)3Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - Three MonthsEnded March 31, 2026 and 20253Condensed Consolidated Statements of Cash Flows - Three Months Ended March 31, 2026 and 20254Condensed Consolidated Balance Sheets - March 31, 2026 and December 31, 20255Condensed Consolidated Statements of Changes in Stockholders' Equity – Three Months Ended March31, 2026 and 20256Notes to Condensed Consolidated Financial Statements (unaudited)7Forward-Looking Statements22Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Overview23Consolidated Results of Operations25Reconciliation of Total Cost of Sales to Cash Cost, Before By-product Credits and Cash Cost, After By-product Credits (non-GAAP) and All-In Sustaining Cost, Before By-product Credits and All-InSustaining Cost, After By-product Credits (non-GAAP)37Financial Liquidity and Capital Resources39Contractual Obligations, Contingent Liabilities and Commitments42Off-Balance Sheet Arrangements42Guarantor Subsidiaries43Item 3.Quantitative and Qualitative Disclosures About Market Risk46Item 4.Controls and Procedures47PART II.OTHER INFORMATION48Item 1.Legal Proceedings48Item 1A.Risk Factors48Item 4.Mine Safety Disclosures48Item 5.Other Information48Item 6.Exhibits49Signatures50*Items 2 and 3 of Part II are omitted as they are not applicable. Hecla Mining Company Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited)(Dollars and shares in thousands, except for per-share amounts) Hecla Mining Company Condensed Consolidated Statements of Cash Flows (Unaudited)(In thousands) Hecla Mining Company Condensed Consolidated Balance Sheets (Unaudited)(In thousands, except shares) Hecla Mining CompanyCondensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)(Dollars are in thousands, except for share and per share amounts) Note 1.Basis of Preparation of Financial Statements The accompanying unaudited interim condensed consolidated financial statements of Hecla Mining Company and itssubsidiaries (collectively, “Hecla,” “the Company,” “we,” “our,” or “us,” except where the context requires otherwise) have beenprepared in accordance with the instructions to Form 10-Q and do not include all information and disclosures required annually byaccounting principles generally accepted in the United States of America (“GAAP”). Therefore, this information should be read inconjunction with the Company’s consolidated financial statements and notes contained in our annual report on Form 10-K for theyear ended December 31, 2025 ("2025 Form 10-K"). The information furnished herein reflects all adjustments that are, in theopinion of management, necessary for the fair presentation of the results for the interim period