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.