Hecla Mining reports earnings of $3.4 million(U.S.), or 12 a share, in the third quarter of 1988, bringing year-to-date earnings to $11.3 million, or 42 a share. This compares to earnings of $9.6 million, or 35 a share in the third quarter of 1987, and earnings of $5.7 million, or 21 a share, for the first nine months last year.
Net income nearly doubled during the first nine months of this year, but third-quarter earnings were lower compared to 1987. Last year’s third quarter was better because of higher precious metals prices and greater than normal gold production from the Republic Unit mine.
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