UPDATE: Hecla Mining Q4 Profit Declines 96%

Hecla Mining Co

reported a 96% fall in its fourth-quarter profit. Hecla Mining's quarterly profit dropped to $605,000, or breakeven per share, versus $18.4 million, or $0.06 per share, in the year-ago period. Its sales declined 21% to $81.1 million. Hecla Mining shares gained 2.67% to $5.00 in pre-market trading.