Hecla Mining profit slumps on production shutdown
Feb 25 (Reuters) - Hecla Mining Co, the No.2 U.S. silver miner by output, reported a 96 percent drop in quarterly profit as the shutdown of its Lucky Friday mine in Idaho hurt production.
Profit fell to $605,000, or breakeven per share, in the fourth quarter, from $18.4 million, or 6 cents per share, a year earlier.
Sales at Hecla, which also produces zinc, lead and gold, fell 21 percent to $81.1 million.
Hecla said last week that it restarted Lucky Friday mine, which was ordered to shut for repair last January after three accidents since April 2011.
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