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COEUR D`ALENE, Idaho (AP) _ Hecla Mining Co. (HL) on Thursday reported first-quarter profit of $12.4 million.
On a per-share basis, the Coeur d`Alene, Idaho-based company said it had net income of 3 cents. Losses, adjusted for non-recurring gains, came to 2 cents per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The precious metals company posted revenue of $119.1 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $119.5 million.
The company's shares closed at $2.99. A year ago, they were trading at $3.06.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HL at http://www.zacks.com/ap/HL
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Keywords: Hecla Mining, Earnings Report
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Hecla Mining Company
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PRODUCER |
CODE : HL |
ISIN : US4227041062 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Hecla Mining is a silver and gold producing company based in United states of america. Hecla Mining produces silver, gold, lead and zinc in Bolivia, in Mexico and in USA, and holds various exploration projects in Mexico. Its main assets in production are GREENS CREEK in USA, SAN SEBASTIAN in Mexico and LA CAMORA and LUCKY FRIDAY in Bolivia and its main exploration properties are GROUSE CREEK, SAN JUAN - HECLA MINING and GOLD HUNTER in Mexico. Hecla Mining is listed in Germany and in United States of America. Its market capitalisation is US$ 2.1 billions as of today (€ 2.0 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. |