NEW YORK (TheStreet) -- Shares of Hecla Mining (HL - Get Report) were increasing in mid-morning trading Thursday after the company reported better-than-anticipated results for the 2016 second quarter.

Before today's opening bell, the silver and gold miner posted earnings of 6 cents per share, beating analysts' estimates by a penny.

Revenue for the quarter was $171.3 million, higher than analysts' projections of $143.3 million.

Silver production for the quarter jumped 71% to 4.2 million ounces year-over-year and gold production rose 41% to 62,965 ounces from last year.

Additionally, silver prices are lower today. For September delivery, silver was down 0.4% to $20.39 per ounce this morning.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C on the stock.

The primary factors that have impacted the rating are mixed. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins.

But the team also finds weaknesses including disappointing return on equity, weak operating cash flow and feeble growth in the company's earnings per share.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: HL