Hecla Mining Co. earnings
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. |