COEUR D'ALENE MINES REPORTS SECOND QUARTER, SIX MONTHS PROFITS.

Extract


COEUR D'ALENE MINES REPORTS SECOND QUARTER, SIX MONTHS PROFITS.

COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Aug. 1, 1995--Led by a third consecutive quarter of record gold production, Coeur d'Alene Mines Corp. today reported second quarter 1995 net income of $3.4 million, or $0.22 per primary share ($0.19 per fully diluted share), compared to a loss of $1.3 million, or $0.09 per primary share, for the same period a year ago.

Income from continuing operations for the quarter was $1.2 million, or $0.08 per primary share ($0.11 per fully diluted share). Also contributing to the profitable results was a $2.2 million gain from the sale of certain non-strategic assets.

For the first six months of 1995, Coeur reported net income of $232,000, or $0.01 per share, compared to a loss of $3.9 million, or $0.26 per share, during the first six mont...

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