| Hecla Mining misses 4Q profit forecasts | |
| | |
|
COEUR D`ALENE, Idaho (AP) _ Hecla Mining Co. (HL) on Thursday reported fourth-quarter net income of $20.3 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Coeur d`Alene, Idaho-based company said it had profit of 5 cents. Earnings, adjusted for non-recurring gains, came to 3 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The precious metals company posted revenue of $164.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $162.9 million.
For the year, the company reported net income of $69.5 million, or 18 cents per share, swinging to a profit in the period. Revenue was reported as $646 million.
Hecla Mining shares have increased 21 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HL at https://www.zacks.com/ap/HL
_____
Keywords: Hecla Mining, Earnings Report
|
|
|
Hecla Mining Company
|
|
PRODUCER |
CODE : HL |
ISIN : US4227041062 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hecla Mining is a silver and gold producing company based in United states of america. Hecla Mining produces silver, gold, lead and zinc in Bolivia, in Mexico and in USA, and holds various exploration projects in Mexico. Its main assets in production are GREENS CREEK in USA, SAN SEBASTIAN in Mexico and LA CAMORA and LUCKY FRIDAY in Bolivia and its main exploration properties are GROUSE CREEK, SAN JUAN - HECLA MINING and GOLD HUNTER in Mexico. Hecla Mining is listed in Germany and in United States of America. Its market capitalisation is US$ 2.0 billions as of today (€ 1.9 billions). Its stock quote reached its highest recent level on March 24, 1995 at US$ 9.88, and its lowest recent point on January 05, 2001 at US$ 0.49. Hecla Mining has 399 397 443 shares outstanding. |