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From today's news on ETrade:

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Hecla Reports a 30% Increase in Third Quarter Silver Production Business Wire - 10/7/2019 6:30:00 AM
Mining Shares Moving Up as Havens Shine Dow Jones News - 9/3/2019 12:09:00 PM
HECLA ANNONCE SES RÉSULTATS DU DEUXIÈME TRIMESTRE 2019 Business Wire - 8/29/2019 3:10:00 AM
Hecla Reports Second Quarter 2019 Results Business Wire - 8/7/2019 3:10:00 AM
Hecla Reports New High-Grade at Casa Berardi and Expanding Near-Surface Oxide Resource at San Sebastian Business Wire - 8/6/2019 6:00:00 AM
Hecla Second Quarter 2019 Financial Results Conference Call and Webcast Business Wire - 7/25/2019 6:00:00 AM
Hecla Reports Second Quarter Production Business Wire - 7/18/2019 6:00:00 AM
Hecla Reduces Spending for Nevada Operations Business Wire - 6/6/2019 5:00:00 AM
Johnson Fistel, LLP Encourages Investors Who Suffered Large Investment Losses to Contact the Firm PR Newswire (US) - 6/1/2019 3:27:00 PM
HECLA ANNONCE SES RÉSULTATS DU PREMIER TRIMESTRE 2019 Business Wire - 5/30/2019 11:30:00 PM
Gold Stocks to Watch as Investors Flock to the Precious Metal InvestorsHub NewsWire - 5/15/2019 8:30:00 AM
Hecla Reports First Quarter 2019 Results Business Wire - 5/9/2019 3:05:00 AM
Hecla Reports Drilling Successes at Casa Berardi, San Sebastian, Greens Creek and Nevada Business Wire - 5/8/2019 3:30:00 AM
Gold Stocks Set to Gain InvestorsHub NewsWire - 5/1/2019 8:35:45 AM
Hecla First Quarter 2019 Financial Results Conference Call and Webcast Business Wire - 4/30/2019 5:30:00 AM
Hecla Reports 2.9 Million Ounces of Silver and 60,021 Ounces of Gold Production in First Quarter 2019 Business Wire - 4/18/2019 3:00:00 AM
Hecla Files NI 43-101 Technical Reports on Greens Creek and Casa Berardi Mines Business Wire - 4/1/2019 5:39:00 PM
HECLA DÉCLARE SES RÉSULTATS POUR LE QUATRIÈME TRIMESTRE ET L’ENSEMBLE DE L’EXERCICE 2018 Business Wire - 3/15/2019 3:30:00 AM
USW Plans Rally and March to Mark Two Years of Solidarity at Lucky Friday PR Newswire (US) - 3/13/2019 2:57:00 PM
Gold Stocks in a Good Position for Investors InvestorsHub NewsWire - 2/27/2019 8:00:00 AM
Hecla Reports Fourth Quarter and Full Year 2018 Results Business Wire - 2/21/2019 3:00:00 AM
Hecla Reports Record Silver, Gold and Lead Reserves Business Wire - 2/14/2019 3:30:00 AM
Hecla Fourth Quarter and Year-End 2018 Financial Results Conference Call and Webcast Business Wire - 2/11/2019 5:00:00 AM
Hecla Reports 10.4 Million Ounces of Silver and 262,103 Ounces of Gold Production in 2018 Business Wire - 1/15/2019 6:00:00 AM
HECLA ANNONCE SES RÉSULTATS DU TROISIÈME TRIMESTRE 2018 Business Wire - 11/22/2018 4:00:00 AM
eik   Monday, 06/17/19 12:10:06 PM
Re: None
Post # of 4230 
From today's news on ETrade:
S&PGR Lowers Hecla ICR To 'B-' From 'B+'; Outlook Negative

The following is a press release from S&P Global Ratings:

-- Silver and gold producer Hecla Mining Co. is scaling back development

at its Nevada operations, acquired in 2018, following lower than expected

production there stemming from operational problems and high costs.

-- We are now forecasting 2019 year-end adjusted leverage of about 5x, up

from our previous expectation closer to 2.5x.

-- As a result, we have lowered our issuer credit rating on Hecla to 'B-'

from 'B+', and our issue-level ratings on Hecla's $500 million senior notes,

due in May 2021, to 'B-' from 'B+'.

-- We also revised Hecla's liquidity assessment to less than adequate,

from adequate, reflecting increased refinancing risk as its debt maturities

approach and the company generates less cash flow than we had expected.

-- The negative outlook reflects our view that leverage will improve but

remain close to 5x over the next year, which could make it difficult for Hecla

to refinance its $500 million of senior notes.


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