| Hecla Mining reports 2Q loss | |
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COEUR D`ALENE, Idaho (AP) _ Hecla Mining Co. (HL) on Thursday reported a loss of $26.8 million in its second quarter.
The Coeur d`Alene, Idaho-based company said it had a loss of 7 cents per share. Losses, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 5 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The precious metals company posted revenue of $104.2 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $119.5 million.
The company's shares closed at $1.95. A year ago, they were trading at $3.11.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HL at http://www.zacks.com/ap/HL
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Keywords: Hecla Mining, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
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CODE : HL |
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ISIN : US4227041062 |
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Asset profileContact Cpy |
Hecla Mining is a silver and gold producing company based in United states of america. Hecla Mining produces silver, gold, lead and zinc in Bolivia, in Mexico and in USA, and holds various exploration projects in Mexico. Its main assets in production are GREENS CREEK in USA, SAN SEBASTIAN in Mexico and LA CAMORA and LUCKY FRIDAY in Bolivia and its main exploration properties are GROUSE CREEK, SAN JUAN - HECLA MINING and GOLD HUNTER in Mexico. Hecla Mining is listed in Germany and in United States of America. Its market capitalisation is 257.1 millions as of today (€ 242.2 millions). Its stock quote reached its highest recent level on March 24, 1995 at 9.88, and its lowest recent point on January 05, 2001 at 0.49. Hecla Mining has 47 442 200 shares outstanding. |