FAQs

Q&A for Investors

Stock Information

What stock exchange is Hecla listed on and what is its stock symbol?

Hecla’s stock symbol is ‘HL’. Hecla’s stock is listed on the New York Stock Exchange (NYSE), where it has been listed since 1964.

Does Hecla pay a dividend?

Hecla pays an annual minimum common stock dividend of $0.015 per share to be paid quarterly at $0.00375 per share.

Hecla also pays a silver price-linked common stock dividend based on Hecla’s average realized silver price for the preceding quarter (starting with a minimum average realized silver price of $20.00). Realized prices are calculated by dividing gross revenues for each metal by the payable quantities of each metal included in concentrate and doré sold during the period.

  • At $20 per ounce realized silver price, quarterly dividend payments are $0.0025 per share ($0.01 per share annually).
  • At $25 per ounce realized silver price, quarterly dividend payments are $0.01 per share ($0.04 per share annually).
  • At $30 per ounce realized silver price, quarterly dividend payments are $0.015 per share ($0.04 per share annually).
  • Beyond $30 per ounce realized silver price, any quarterly Common Stock dividend declared by Hecla will increase or decrease by $0.01 per share ($0.04 annually) for each $5.00 per ounce incremental increase in the average realized silver price in the preceding quarter. 

Series B Cumulative Convertible Preferred Stock

Hecla pays a $0.875 per share dividend on its Series B Cumulative Convertible Preferred Stock (HL-PB) each quarter. Dividends are typically paid to shareholders of the Series B Cumulative Convertible Preferred Stock on January 1, April 1, July 1, and October 1.

The declaration and payment of dividends remains at the sole discretion of the Board of Directors and will depend on Hecla’s financial results, cash requirements (including for preferred dividends, operations, capital projects, exploration and development, litigation and settlements, acquisitions, and other items), future prospects and other factors deemed relevant by the Board.

***If you are a Common Stock shareholder or a Preferred B shareholder who has moved and you have not received your dividend payments, please contact Hecla’s transfer agent, American Stock Transfer & Trust Company at 800-937-5449.

For more information about dividends 

Can I buy Hecla stock directly from the company?

Hecla does not administer a direct purchase plan or a direct reinvestment plan. Shares can be purchased through a direct or online brokerage firm.

Has Hecla had any stock splits?

Yes, but not for many years. Hecla’s stock split one-for-one in May 1968 and three-for-two in February 1981. Details of each stock split are as follows:

Record Date Payable Date Factor
5/10/68 6/10/68 1 for 1
2/10/81 3/24/81 3 for 2
I own shares in a company that was once owned by Hecla. How do I determine if those shares still have value?

Hecla has sold its interest in the companies below. If you hold shares in any of these companies, please contact the designated individuals for information on your shares.

Name Date Sold Contact
Silver Mountain Lead Mines, Inc. 3/25/99 William L. Campbell, Jr.
Phone: (509) 922-3035
Nine Corporation 3/25/99 William L. Campbell, Jr.
Phone: (509) 922-3035
Moonlight Mining Company 3/25/99 William L. Campbell, Jr.
Phone: (509) 922-3035
Wall Street Mining Company 5/25/99 William L. Campbell, Jr.
Phone: (509) 922-3035
Abot Mining Company 6/30/00 Greg Lipsker
Phone: (509) 455-9077
(or)
Columbia Stock Transfer
Phone: (208) 664-3544
Consolidated Silver Corporation (ConSil Corp.) 7/10/01 Nathan Drage
Phone: (801) 273-9300
(or)
Computershare
Phone: (604) 661-9400
How do I find out about old mining company stock (not Hecla)?

The state of incorporation should be on the front of the stock certificate. Contact the Secretary of State (Corporation’s Division) for that state for information on that company. You can also search the Secretary of State’s website.

Who acts as a transfer agent for Hecla?

American Stock Transfer & Trust Company provides account information to Hecla’s registered shareholders.

Call: 800-937-5449

Monday through Friday 8:00 a.m. to 5:00 p.m. (ET)

Online: American Stock Transfer & Trust 

American Stock Transfer & Trust Company provides the following information:

  • Account information
  • Account balance
  • Statement of certificate history
  • Instructions for lost certificates
  • Shareholder change of address
  • Transfer instructions
  • Establishing a beneficiary
  • From individual into joint tenant
  • Removal of joint tenant
  • Establishing a trust account
  • Change of owner’s name
  • Establishing a custodial account

Shareholder Information

I haven’t been receiving my dividends, how do I receive dividends I’ve earned?

If you are a registered Common Stock or Preferred shareholder who has moved and you have not received your dividend payments, please contact Hecla’s transfer agent, American Stock Transfer & Trust Company at 800-937-5449.

If you are a shareholder with an account through a direct or online brokerage firm, you will need to contact the respective firm.

How can I sell my Hecla shares?

If your shares are held in a brokerage account, simply contact your broker and make your intent known. The broker will sell the shares for you and place the proceeds, less commission, in your brokerage account. To sell shares in certificate form, you must have an account with a broker. You then physically sign the shares over to your broker.

When and how will I receive a Hecla Annual Report?

If you are a beneficial owner or a registered shareholder of Hecla Common stock, you should receive the most current Hecla Annual Report in the mail in mid-April of each year.

You may also access our most current Annual Report and Proxy Statement.

If you receive a Notice Regarding the Availability of Proxy Matters (the “Notice”) by mail, you will not receive a printed copy of the proxy materials or our Annual Report by mail. Instead, the Notice will instruct you as to how you may access and review all of the important information contained in the proxy materials and the Annual Report. The Notice will also instruct you as to how you may submit your proxy electronically. If you receive a Notice by mail and would like to receive a printed copy of our proxy materials and the Annual Report, not including a proxy card, you should follow the instructions for requesting such materials included in the Notice.

If your shares are held in an account with a broker or bank participating in the Broadridge program you may sign up for electronic delivery here.

When is the Annual Meeting of Shareholders?

The 2022 Annual Meeting of Shareholders will be held in a hybrid format (in-person and virtual). The Annual Meeting in person will be held on Thursday, May 26, 2022, 8:30a.m. PDT at the Elks Lodge #331, 419 Cedar Street, Wallace, Idaho, and virtually via www.virtualshareholdermeeting.com/HL2022

How can I ensure I receive notice of Hecla’s next Annual Meeting of Shareholders?

In April of each year, Broadridge Financial Services mails the most recent Annual Report and Proxy Statement for Hecla’s Annual Meeting of Shareholders to shareholders who are not receiving a notice to access electronic versions. Those with shares in brokerage accounts will receive proxy materials directly from their broker.

Broadridge also provides electronic versions of the Annual Report and Proxy Statement, and it grants proxies to vote electronically. Those with shares in brokerage accounts or banks may participate in the electronic program by signing up here.

How do I change my mailing address or register for shareholder information to be sent electronically?

If you are a registered Common Stock or Preferred shareholder, please contact Hecla’s transfer agent, American Stock Transfer & Trust Company at 800-937-5449.

If you are a shareholder with an account through a direct or online brokerage firm, you will need to contact the respective firm.

If shareholders no longer wish to receive printed materials, please request electronic versions here.

My deceased relative owns Hecla shares, how do I transfer these shares into my name?

If you are a registered shareholder, please contact Hecla’s transfer agent, American Stock Transfer & Trust Company at 800-937-5449.  They can send you the appropriate instructions and paperwork needed to transfer the shares.  In the alternative, you can click this link and read through the information and paperwork needed.

Does Hecla have a Dividend Reinvestment Program or a Share Buyback Plan?

Hecla does not have a Dividend Reinvestment Program or a Share Buyback Plan.

Company Information

What year and where was Hecla formed?

Hecla has been incorporated in the United States as follows:

  • Idaho, 1891
  • Washington State, 1898
  • Delaware, March 21, 1983
What companies has Hecla acquired?

Below are all mergers and acquisitions of Hecla Mining Company, including the number of shares exchanged for each merged company for Hecla common stock, if applicable:

Date Company Exchange Share Ratio
10/31/58 Polaris Mining Company 6 Polaris shares = 1 Hecla share
1/29/64 Lucky Friday Silver-Lead Mines Company No share exchange
10/20/81 Days Mines, Inc. 1 Day share = 1.8 Hecla shares
7/26/84 Ranchers Exploration and Development Corporation 1 Ranchers share = 1.55 Hecla shares
5/5/89 Geodome Resources No share exchange
12/17/90 Indusmin, Inc. No share exchange
6/26/91 CoCa Mines, Inc. 1 CoCa share = 0.24149 Hecla share
5/11/94 Equinox Resources 1 Equinox share = 0.3 Hecla share
4/16/08 Remaining 70.3% interest in Greens Creek Joint Venture held by Rio Tinto subsidiary No share exchange
11/6/08 Independence Lead Mines Company – Assets 1 ILM share = 1.2 Hecla shares
12/13/11 Remaining 30% interest in the San Juan Silver project held by Emerald Mining & leasing, LLC; Golden 8 Mining, LLC; and AgX Resources, Inc. No share exchange
6/1/13 Aurizon Mines Ltd. 1 Aurizon share = 0.9953 Hecla share
6/15/15 Revett Mining Company, Inc. 1 Revett share = 0.1622 Hecla share
9/13/16 Mines Management, Inc. 1 Mines Management share = 0.2218 Hecla share
7/20/18 Klondex Mines Ltd. 1 Klondex share = 0.4136 Hecla share, US$0.8411 cash, 0.125 Havilah share

Below is information about who to contact in order to transfer your old shares to HL shares:

Independence Lead Mines

American Stock Transfer & Trust Company – 800-937-5449

Aurizon Mines Ltd.

Computershare – 604-661-9442

Revett Mining Company

American Stock Transfer & Trust Company – 800-937-5449

Mines Management, Inc.

American Stock Transfer & Trust Company – 800-937-5449

Klondex Mines Ltd.

Computershare – 800-564-6253 or 416-509-2293

What metals does Hecla produce?

Hecla produces 40% of all silver in the U.S., and gold, zinc, and lead.

What is Hecla’s business strategy?

Consistent, long-lived production that increases and improves over time –

  • long-life assets to profit from higher metal prices
  • strong geologic understanding to increase reserves
  • operating knowledge to reduce costs and lower risk

Governance

Who are the members of Hecla’s Board of Directors?

Our Board of Directors is made up of six members that bring a broad range of diversity, expertise, skills, professional experience, and industry background. The Board oversees the Company’s business strategy with the goal of delivering long-term value to shareholders and stakeholders and monitors and assesses risk exposure.

Who is on Hecla’s management team?

Hecla’s business units identify and manage business risks, and our management provides updates via business reports at meetings of the Board and its committees throughout the year.

Executive officers

Where can I find information about Hecla’s efforts on Environment, Social and Governance (ESG)?

Hecla’s responsibility to the safety and health of our people, the communities we call home, and the environment we operate in can be found here and in our 2021 Sustainability Report.

Silver and Gold Information

Where can I find information about the silver and gold markets, including supply and demand?

Silver is a useful and versatile metal used in renewable energy, technology, medicine, and transportation. The Silver Institute has useful information about the uses of silver and the worldwide silver market.  Learn Why Our Metals Are Essential here.