Answer
Based on the information you supplied â essentially just the headline and the fact that HeclaâŻMiningâŻCompany (ticker HELE) issued a Q2âŻ2025 earnings release onâŻ6âŻAugustâŻ2025 â there are no specific performance figures (e.g., production volumes, revenue, earnings per share, cashâflow, cost per ounce, etc.) provided in the excerpt.
Because of that, a direct, dataâdriven comparison of Heclaâs Q2âŻ2025 results with those of its goldâmining peers (such as Barrick Gold, Newmont, AgnicoâŻEagle, Kinross, etc.) cannot be made from the material youâve posted.
What you would need to make a meaningful comparison
Metric | Why it matters for a peerâgroup comparison | Typical source for Heclaâs Q2âŻ2025 data | Typical source for peersâ Q2âŻ2025 data |
---|---|---|---|
Gold production (oz) | Shows whether the company is growing or shrinking its output relative to peers. | Quarterly production report in Heclaâs earnings release or FormâŻ10âQ. | Same metrics from Barrickâs, Newmontâs, etc., quarterly filings. |
Revenue (USâŻ$) | Reflects the topâline impact of price changes and volume. | Heclaâs earnings release (often a âRevenueâ line). | Peer earnings releases or consolidated financial statements. |
Net income / loss (USâŻ$) | Bottomâline profitability; indicates costâcontrol and margin health. | Heclaâs net income figure in the Q2 release. | Peer net income figures from their quarterly reports. |
Adjusted EBITDA (USâŻ$) | A nonâGAAP cashâflow proxy widely used in mining to gauge operating performance. | Heclaâs adjusted EBITDA (often disclosed). | Peer adjusted EBITDA in their earnings releases. |
Cashâflow from operations (USâŻ$) | Indicates the ability to fund capital projects, dividends, and debt service. | Heclaâs cashâflow statement in the release. | Peer cashâflow figures from their quarterly statements. |
Allâinâcost per ounce (USâŻ$/oz) | A key costâefficiency metric; lower costs give a competitive edge when gold prices dip. | Hecla may disclose âcash costâ or âallâinâcostâ in the release. | Peer cost metrics are usually disclosed in the same section of their earnings releases. |
Gold price exposure (average realized price) | Impacts revenue and margins directly. | Heclaâs average realized price per ounce. | Peer realized prices from their quarterly disclosures. |
Capital expenditures (CapEx) (USâŻ$) | Shows investment intensity and future production potential. | Heclaâs CapEx for the quarter or cumulative Q2âŻ2025. | Peer CapEx figures from their filings. |
Guidance / outlook | Forwardâlooking statements help gauge whether the company expects to outperform or lag peers. | Heclaâs Q3âŻ2025 guidance (if any). | Peer guidance updates in the same release cycle. |
How to perform the comparison once the data is available
Collect the numbers â Pull the Q2âŻ2025 figures for each metric listed above for Hecla and for each peer. The most reliable source is the companiesâ own SEC filings (FormâŻ10âQ) and the accompanying earnings press releases.
Standardize the data â Convert all amounts to the same currency (USD) and, where appropriate, express figures on a perâounce basis (e.g., cash cost per ounce) to neutralize scale differences.
Create a sideâbyâside table â For each metric, list Heclaâs value next to the peer values. Highlight where Hecla is above, equal to, or below the peer median.
Calculate relative performance ratios â
- Production growth rate = (Hecla Q2âŻ2025 oz â Hecla Q2âŻ2024 oz) / Hecla Q2âŻ2024 oz.
- Margin spread = Heclaâs adjusted EBITDA Ă· revenue â peer median EBITDA Ă· revenue.
- Cost advantage = Peer median allâinâcost â Hecla allâinâcost (if Heclaâs cost is lower, itâs a competitive edge).
- Production growth rate = (Hecla Q2âŻ2025 oz â Hecla Q2âŻ2024 oz) / Hecla Q2âŻ2024 oz.
Interpret the results â
- If Heclaâs production is flat while peers are expanding, the company may be losing market share.
- If Heclaâs cash cost per ounce is below the peer median, it is positioned to be more profitable if gold prices soften.
- If cashâflow from operations is weaker, Hecla may face tighter financing constraints relative to peers.
- If Heclaâs production is flat while peers are expanding, the company may be losing market share.
Contextualize with macro factors â Gold price trends, geopolitical risk, and currency movements in Q2âŻ2025 affect all miners. A peerâadjusted view should note whether Heclaâs performance deviates because of companyâspecific events (e.g., mine shutdowns, labor strikes, acquisition activity) rather than sectorâwide dynamics.
What you can do right now
Locate Heclaâs Q2âŻ2025 earnings release â The full press release (often posted on Heclaâs investorârelations website) will contain the detailed tables needed for the comparison.
Gather peer data â Identify the Q2âŻ2025 earnings releases for the major goldâmining companies that report in the same calendar quarter (most U.S. miners report on a calendarâquarter basis, but some may use fiscal quarters; align the periods accordingly).
Build the comparison â Using the steps above, you can construct a concise âpeerâbenchmarkâ snapshot (e.g., âHecla produced 1.2âŻMâŻoz in Q2âŻ2025, versus a peer average of 1.8âŻMâŻoz; its cash cost was $1,050/oz, 8% lower than the sector median of $1,140/ozâ).
Bottom line
- From the excerpt you provided alone, we cannot quantify Heclaâs Q2âŻ2025 performance relative to its goldâmining peers.
- To answer the question accurately, youâll need the specific Q2âŻ2025 financial and operating metrics for Hecla and for the comparable goldâmining companies.
- Once those numbers are in hand, the structured approach outlined above will let you draw a clear, dataâdriven comparison and highlight any strengths or weaknesses Hecla may have relative to the broader sector.