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Hecla Mining Q2 Profit Disappoints as Silver Production Falls
Aug. 09, 2011 10:11AM PST
Silver InvestingReuters Africa reported that lower silver production hurt Q2 profits for Hecla Mining (NYSE:HL).
Reuters Africa reported that lower silver production hurt Q2 profits for Hecla Mining (NYSE:HL).
The market news is quoted as saying:
Silver production fell 11 percent to 2.3 million ounces. However, revenue rose 33 percent to $117.9 million as realized silver prices soared 89 percent.