Coeur d’Alene-based Hecla Mining Co. reported first-quarter net income of $28.9 million, an increase over the year-earlier quarter net loss of $5.8 million.

The Q1 earnings also represent an increase over fourth-quarter 2024, when the company posted earnings of $11.9 million.

Hecla also generated record sales of $261.3 million, up from $189.5 million in the year-earlier period and $249.7 million in Q4 2024.

The company produced 4.1 million ounces of silver in the most recent quarter, down from about 4.2 million ounces in the year-earlier period but up from about 3.8 million ounces in fourth quarter 2024.

Gold production dipped to 34,000 ounces, down from 37,000 ounces in the year-earlier period and 36,000 ounces in fourth-quarter 2024.

Hecla (Nasdaq: HL) stock traded at $5.47 per share at the close of the market on May 1, up from a 52-week low of $4.41 per share and down from a 52-week high of $7.68 per share.