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Hecla Mining Co. earnings

TUESDAY, MAY 6, 2014

Precious metals miner

Stock symbol: HL
Reporting period: 1Q
Earnings:

Profit of $11.6 million

3 cents per share

Versus 1Q 2013:

Profit $11.1 million

4 cents per share

Revenue: $125.8 million
Analysis: The quarter shows that Coeur d’Alene-based Hecla can boost production, revenue, cash flow and earnings, even when prices are lower, said President and CEO Phillips S. Baker Jr. The company expects even more growth, particularly when metal prices increase, as it works to expand its Lucky Friday Mine in the Silver Valley, Baker said.

 

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