SOURCE: The Bedford Report

The Bedford Report

July 22, 2011 08:16 ET

Hecla Mining and Coeur d'Alene Face Lofty Expectations This Earnings Season

The Bedford Report Provides Equity Research on Hecla Mining & Coeur d'Alene Mines

NEW YORK, NY--(Marketwire - Jul 22, 2011) - It is now the heart of earnings season and investors are eagerly awaiting results from silver producers. No doubt there is pressure on companies to post soaring top lines, as the price of silver remains close to 30 year highs. The Bedford Report examines the outlook for the Silver Market and provides research reports on Hecla Mining Co. (NYSE: HL) and Coeur d'Alene Mines Corporation (NYSE: CDE) (TSX: CDM). Access to the full company reports can be found at:

www.bedfordreport.com/HL
www.bedfordreport.com/CDE

Silver stocks have been steady this month as favorable demand reports have helped offset concerns regarding the slowing economic recovery. According to reports from SilverSeek, silver's availability on the Comex has fallen 38 percent to 29 million since 2011 began. Meanwhile, the amount available for Comex clients has increased 23 percent to 72 million ounces.

The Silver Institute forecasts that total industrial use of the metal will rise 36 percent over the next five years to more than 665 million troy ounces annually. New technologies in solar energy, water purification and medical instruments are expected to keep industrial demand for the metal surging going forward.

The Bedford Report releases investment research on The Silver Market so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Coeur d'Alene Mines is set to report second quarter earnings early next month. In the first quarter the company reported it returned to profit as metal sales more than doubled amid a sharp increase in production of silver and gold.

Several silver producers have been feverishly boosting production in an effort to cash in on soaring prices. Hecla Mining's 2011 production guidance calls for between 9 and 10 million ounces of silver. Hecla said its first quarter net income jumped to $43.2 million or $0.15 per share from $18.4 million or $0.07 per share a year earlier.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.php.

Contact Information