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Hecla joints hurt of New York-listed silver miners

New York-listed Hecla Mining’s Q3 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell to US$26.5 million, down 62% from Q2’s $70.47 million as lower realised silver prices, deferred sales, and acquisition costs weighed on earnings.

Hecla joints hurt of New York-listed silver miners Hecla joints hurt of New York-listed silver miners Hecla joints hurt of New York-listed silver miners Hecla joints hurt of New York-listed silver miners Hecla joints hurt of New York-listed silver miners

Hecla feels winds of lower silver price

The largest US silver producer saw its realised silver prices fall 11.5% q-q to $18.30/oz from $20.68/oz.