Denver Gold Group > Member Company Profile > Hecla Mining Company

Address

6500 N Mineral Drive, Suite 200
Coeur d'Alene, ID 83815
United States

Value Drivers

• Rich History - 120 years of building and operating mines
• Low Cash Costs - high silver margin with significant cash flow generation
• U.S. Properties - 2 silver mines and 4 district-sized land packages in U.S./Mexico
• Strong Balance Sheet - $266 mm in cash and no debt at 12/31/11
• Growth - advancing organic growth projects and evaluating M&A opportunities

Management

Chairman:	Ted Crumley
CEO/President/MD:	Phillips S. Baker, Jr.
CFO:	James A. Sabala
Other Key Staff:	Dean McDonald, VP - Exploration David Sienko, VP - General Counsel Don Poirier, VP - Corporate Development Larry Radford, VP - Operations

IR Contact

James A. Sabala
208-769-4100
jsabala@hecla-mining.com
www.hecla-mining.com

Cautionary Information

© Copyright 2012, Denver Gold Group & Hecla Mining Company.

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Hecla Mining Company

New York Stock Exchange : HL

Last Updated: April 9, 2012

Status:	Producer
Primary Mineral:	Silver
Secondary Mineral:	Zinc
Primary Country of Operation:	United States
Other Countries of Operation:	Mexico

Hecla Mining Company is the largest and lowest-cost silver producer in the United States with over a century of operating experience. Hecla was established in 1891 in northern Idaho’s Silver Valley and trades on the New York Stock Exchange under the symbol “HL.”

Hecla operates the Greens Creek and Lucky Friday mines in Alaska and Idaho, and owns district-sized land packages in the Silver Valley in Idaho, San Juan Silver in Creede, Colorado, and San Sebastian in Durango, Mexico. During 2012, the Lucky Friday will be conducting rehabilitation work with resumption of production expected in early 2013. Hecla has developed a solid base with long-life, low-cost mines; organic growth opportunities; exploration upside; an excellent cash position with no debt; and has recently introduced a new common stock dividend.

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders

• Vanguard Group
• BlackRock International Trust
• Van Eck Associates Corporation
• State Street Global Advisors
• RCM Capital

Capital Structure

Common Shares Outstanding:	285,289,924
Float (%):	92
Warrants Outstanding:	22,332,623
Restricted Stock Units:	561,276
Options Outstanding:	1,194,796
Fully Diluted Shares:	309,378,619

Stock as of April 24, 2012

	Local: USD	USD
Stock Price:	4.03	4.03
52-Week Range:	3.9400 - 9.6449	3.9400 - 9.6449
Market Cap:	1,148 MM	1,148 MM
Fully Diluted Market Cap:	1,245 MM	1,245 MM
1-Year Return:	-57.21%