Silver miner Coeur d'Alene's quarterly profit drops

Tue Aug 7, 2012 8:33am EDT

Aug 7 (Reuters) - Silver producer Coeur d'Alene Mines Corp reported a 40 percent drop in second-quarter profit on Tuesday.

Net earnings were $23.0 million or 26 cents per share, compared with $38.6 million, or 43 cents per share in the same quarter of last year. Revenue rose to $254.4 million from $231.1 million a year earlier.

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Comments (1)
Venerability wrote:
It was a big beat! from expectations.

Reuters as per usual misses the point.

Kensington was closed for two full quarters. Kensington is back on-line with major improvements. End of story.

Aug 07, 2012 8:38am EDT  --  Report as abuse
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