Hecla Mining benefited from rising silver and gold prices in 2025, but how is the extra cash being used?

Silver has suffered its worst price collapse in history, marking the largest percentage decline since the 1980s. The precious metal hit an all-time high of $120 per ounce earlier this week before starting to pull back from that peak.

Hecla Mining Company recently reported its 2025 production results, issued 2026 guidance, and agreed to sell the Casa Berardi mine for almost US$600 million as it pivots toward a silver-focused portfolio.

Silver prices have tripled in the past year, from around $30 in late January 2025 to over $100 today. Silver offers a relatively safe haven to traditional stocks, and it's seen as a hedge against inflation, which has remained elevated in the past year.

The cinema operator sold most of its stake in Hycroft Mining in November 2025, handing its upside since to billionaire Eric Sprott.

Issued on behalf of Americore Resources Corp. VANCOUVER, British Columbia, Jan. 27, 2026 (GLOBE NEWSWIRE) -- USANewsGroup.comNews Commentary —

The precious metal had a meltdown after months of big gains. But there’s another way to play the commodity.

Higher silver prices are a boon for silver mining stocks. However, one company stands out for its ability to cash in on silver due to its rock-bottom costs: Wheaton Precious Metals ( WPM 0.13%). Here's why it's my favorite silver investment right now.