Hecla Mining Co. Announces 37% Retreat In Q3 Earnings

(RTTNews) - Hecla Mining Co. (HL) revealed a profit for third quarter that fell compared to the same period last year.

The company said its earnings fell to $15.97 million, or $0.04 per share. This was lower than $25.42 million, or $0.07 per share, in last year's third quarter.

The company said revenue for the quarter fell 21.5% to $140.84 million. This was down from $179.39 million last year.

Hecla Mining Co. earnings at a glance:

-Earnings (Q3): $15.97 Mln. vs. $25.42 Mln. last year. -Earnings Decline (Y-o-Y): -37.2% -EPS (Q3): $0.04 vs. $0.07 last year. -EPS Decline (Y-o-Y): -42.9% -Revenue (Q3): $140.84 Mln vs. $179.39 Mln last year. -Revenue Change (Y-o-Y): -21.5%