Hecla Mining Co (HL)

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Hecla Mining Co. (NYSE: HL) reported second-quarter 2016 results before markets opened Thursday. The precious metal miner posted diluted earnings per share (EPS) of $0.06 on revenues of $171.3 million. In the same period a year ago, the company reported a net loss of $0.07 per share on revenues of $104.2 million. Second-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.05 and $143.25 million in revenues.

Hecla’s silver production totaled 4.2 million ounces in the quarter, up 71% year over year, and gold production rose 41% to 62,965 ounces. The average realized silver price was $17.26 per ounce, up 6% year over year. Gold’s average realized price rose 5% to $1,254 per ounce. Lead and zinc prices were down 16% and 7%, respectively.

http://247wallst.com/commodities-metals/2016/08/04/will-hecla-earnings-drive-stock-to-new-52-week-high/?yptr=yahoo