Hecla Mining Corp.
Coeur d’Alene-based miner
| Stock symbol: HL |
| Reporting period: 2Q |
| Earnings:
Loss of $24.9 million (8 cents per share)
Versus 2Q 2012: Profit of $2.5 million (1 cent per share) |
| Revenue: $85.3 million |
| Analysis: Hecla acquired Aurizon Mines Ltd., owner of a gold mine in Quebec, on June 1. It was “a pivotal event for Hecla, despite the associated costs resulting in a loss for the second quarter,” a Hecla news release said. The company also partially attributed a 64 percent increase in second-quarter silver production over 2012 to the reopening of the Lucky Friday silver mine near Mullan, Idaho. |