This Mining Stock Was Up 300% in 2025 -- Here's What It Could Mean for Future Dividends
2026-02-02 21:03:00 ET
Investors were very upbeat about Hecla Mining (NYSE: HL) last year, sending the shares higher by 290% in 2025. That's not surprising given the company's focus on precious metals, which rallied strongly last year amid increased geopolitical and economic uncertainty. But is this silver-focused miner's dividend set to change thanks to its vastly improved financial results?
Like most precious metals miners , Hecla doesn't just produce one metal. Its primary focus is silver, which accounted for around 48% of its revenues in the third quarter of 2025. Gold was No. 2 at 37%, with lead and zinc making up the rest of the top line. Very clearly, the prices of silver and gold will have the biggest effect on Hecla's financial performance.
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