On Friday, Shares of Hecla Mining Company (NYSE:HL), lost -3.35% to $2.31.
Hecla Mining Company, declared preliminary production results¹ for the second quarter 2015 and updated annual production estimations.
HIGHLIGHTS (quarterly comparisons to Q2 2014)
- Estimated company-wide silver production for 2015 raised to 10.5-11.0 million ounces from 10.5 million ounces.
- Silver production of 2.48 million ounces, a 2% decrease.
- Gold production of 44,692 ounces, a 3% enhance.
- Silver equivalent production of 8.7 million ounces, the same as Q2 2014.2
- Lead production reduced 7% to 9,525 tons and zinc production raised 1% to 17,516 tons.
- Cash and cash equivalents of about $190 million as of June 30, 2015.
- Hecla has secured the third party-owned Velardeña mill to process ore from its high-grade San Sebastian project in Mexico.
Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.
Shares of Tanger Factory Outlet Centers Inc. (NYSE:SKT), inclined 0.09% to $32.49, during its last trading session.
Tanger Factory Outlet Centers, declared new sustainability initiatives for its United States locations promoting alternative energy usage.
Among these initiatives is a nationwide electric vehicle (EV) charging network system that will be accessible at 23 Tanger Outlets locations in the U.S. in anticipation of increasing demand from shoppers who own electric vehicles. Tanger has partnered with ChargePoint Networks to develop and maintain the network providing multiple spaces for EV owners to fuel up while they shop with no added cost to their experience.
Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The firm invests in the real estate markets in United States. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers.
Finally, Packaging Corp Of America (NYSE:PKG), ended its last trade with -0.85% loss, and closed at $65.48.
Packaging Corporation of America, will hold a conference call on Wednesday, July 22, 2015 at 10:00 a.m. (Eastern Time) to talk about second quarter 2015 results. The second quarter earnings results will be released after the market closes on Tuesday, July 21, 2015.
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. The company’s Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that assist to merchandise the packaged product in retail locations; and honeycomb protective packaging.
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