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Hecla Mining (HL) Jumps 11.9% on Stellar Q3

We recently published 10 Stocks on Fire Amid Market Chaos. Hecla Mining Company (NYSE:HL) is one of the best-performing stocks on Thursday.

Hecla Mining rallied for a second day on Thursday to nearly hit its 52-week high as investors gobbled up shares following a stellar earnings performance in the third quarter of the year.

At intra-day trading, Hecla Mining Company (NYSE:HL) soared to its highest day price of $15.42, or just 2 cents shy of its 52-week high, before trimming gains to end the day just up by 11.89 percent at $13.55 apiece.

The rally came after a 6,109 percent expansion in its net income attributable to shareholders in the third quarter of the year at $100.59 million versus only $1.62 million in the same period last year, as sales jumped by 67 percent to $409 million from $245 million year-on-year.

Adjusted EBITDA soared by 120 percent to $195.69 million from $88.86 million.

“Our third quarter results represent a defining moment for Hecla, with record-breaking performance across a number of key financial metrics…all records in the company’s 134 year history,” said Hecla Mining Company (NYSE:HL) President and Chief Executive Officer Rob Krcmarov.

“Operationally, all four producing assets contributed to positive free cash flow for the second consecutive quarter. Greens Creek continues to exceed expectations, Keno Hill has delivered three consecutive quarters of profitability under our ownership, Lucky Friday maintained consistent production while advancing the surface cooling project, and Casa Berardi’s cost trajectory is improving. This validates both the quality of our asset base and the skill of our operating teams,” he added.

For full-year 2025, Hecla Mining Company (NYSE:HL) raised its production outlook for both gold and silver, with the latter now expected at 16.2 to 17 million ounces—an increase from the previous lower-end guidance of 15.5 million ounces.

Meanwhile, gold production outlook was raised to 145,000 to 150,000 troy ounces from the 126,000 to 137,000 troy ounces previously.

While we acknowledge the risk and potential of HL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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