Hecla Mining: 2Q Earnings Snapshot

August 9, 2018

COEUR D`ALENE, Idaho (AP) _ Hecla Mining Co. (HL) on Thursday reported second-quarter net income of $12.1 million, after reporting a loss in the same period a year earlier.

The Coeur d`Alene, Idaho-based company said it had profit of 3 cents per share. Earnings, adjusted for non-recurring gains, were 1 cent per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The precious metals company posted revenue of $147.3 million in the period.

The company’s shares closed at $2.87. A year ago, they were trading at $4.84.


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 https://www.zacks.com/ap/HL