Coeur d’Alene Mines Corp. Metals miner
Stock symbol: CDE |
Reporting period: 1Q |
Earnings: Loss of $8 million (10 cents per share)
Versus 1Q 2009: Profit of $6.1 million 10 cents per share |
Revenue: $87.5 million, a 94 percent gain from 1Q 2009. |
Analysis: Company officials said that depreciation and depletion costs of $28 million negatively affected first quarter earnings. The Kensington gold mine in Alaska remains on track to open in July. |