Hecla’s production jumps

Article Excerpt

HECLA MINING $3.44 (New York symbol HL; TSINetwork Rating: Extra Risk) (208-769- 4100; www.hecla-mining.com; Shares outstanding: 342.6 million; Market cap: $1.2 billion) produced 2.5 million ounces of silver in the quarter ended December 31, 2013, up 19.6% from 2.1 million a year earlier. Gold output jumped to 47,108 ounces from 15,563. Most of Hecla’s silver comes from its Greens Creek mine in Alaska and its Lucky Friday project in Idaho. Its Casa Berardi mine in Quebec supplies its gold. The company expects to produce 9.5 million to 10 million ounces of silver in 2014, with gold output of 210,000 ounces. Hecla Mining is a hold. hold…