Coeur d'Alene profit falls on lower output, prices

Thu May 9, 2013 8:21am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

May 9 (Reuters) - Coeur d'Alene Mines Corp , the largest U.S. silver miner by output, reported an 84 percent fall in adjusted quarterly profit due to a fall in production and lower prices for the metal.

Adjusted profit fell to $6.8 million, or 8 cents per share, in the first quarter from $41.5 million, or 46 cents per share, a year earlier. ()

Metal sales fell 16 percent to $171.8 million.