Hecla Mining Co.
Coeur d’Alene-based silver miner
| Stock symbol: HL |
| Reporting period: 1Q |
| Earnings:
Profit of $11 million 4 cents per share
Versus 1Q 2012: Profit of $12.4 million 4 cents per share |
| Revenue: $76.5 million |
| Analysis: First-quarter sales fell 16 percent over the same period in 2012 as silver prices fell 7.8 percent to average $30.08 per ounce. Higher production costs are due in part to mining resuming at the Lucky Friday Mine in February after it was closed for more than a year. |