Why Hecla Mining Shares Jumped Today

U.S.-based silver and gold miner Hecla Mining (NYSE: HL) announced first-quarter 2021 results today and also increased the silver-linked portion of its dividend. Hecla reported revenue of $210 million, its second-highest quarterly revenue since its founding in 1891 and an increase of 54% over the prior-year period. Hecla currently pays a base annualized dividend of $0.015 per share but adds another component based on its average quarterly realized price of silver.