Coeur D’Alene Shares Fall on Lower Profit Report

CNBC News reported that Coeur d’Alene Mines Corp’s (NYSE:CDE) shares fell 4% after lower production caused it to miss profit estimates.

As quoted in the market news:

Coeur said first-quarter net profit fell to $4 million, or 4 cents per share, from $12.5 million or 14 cents per share in the year-ago quarter. Excluding such items as deferred income tax provision, interest expense, and accretion of royalty obligations, the adjusted profit was 18 cents per share.

Click here to read the full CNBC News report.