Coeur d’Alene-based Hecla Mining Co. reported fourth-quarter net income of $11.9 million, or 2 cents per diluted share, compared with a net loss of $42.9 million, or 7 cents a share, in the year-earlier quarter and earnings of $1.8 million in third quarter of 2023. 

Full-year 2024 net income was $35.8 million, or 6 cents per share, up from the year prior’s net loss of $84.2 million, or 14 cents per share.

Hecla generated record sales of $929.9 million for the full year, up from $720.2 million in 2023.

The company also announced 240 million ounces of silver reserves, which is the second highest amount in Hecla’s 134-year history.

Additionally, Hecla produced 16.2 million ounces of silver, also the second most in company history.

Multiple records were set at Hecla’s Lucky Friday mine, in Mullan, Idaho.

The company also has a mine in Alaska and two mines in Canada.

Late last year, Hecla named Rob Krcmarov as president and CEO, replacing longtime CEO Phillips S. Baker Jr., who retired.

Hecla (NYSE: HL) stock traded at $6.37 per share at the close of the market on Feb. 13, below its 52-week high of $7.68 and above its 52-week low of $3.40.