Coeur Mining's stock quote, CDE, is a significant player in the gold and silver mining industry. Coeur Mining is a leading producer of gold and silver, with a portfolio of high-quality assets in the Americas.
The company has a strong track record of production, with a history of delivering consistent results. In 2020, Coeur Mining produced 3.8 million ounces of gold and 23.7 million ounces of silver.
Investors can expect Coeur Mining to continue its growth trajectory, driven by its focus on exploration and development. The company has a robust pipeline of projects, including the Silvertip mine in British Columbia, Canada.
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Company News
Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion. This deal is valued at $1.7 billion.
The gold and silver miner has seen its stock more than double this year, making it a prime candidate for a major acquisition.
SilverCrest Acquisition for $1.7 Billion
Coeur Mining is using its stock to buy SilverCrest Metals in a deal valued at $1.7 billion. This deal is a significant one, and it's clear that Coeur Mining is taking advantage of its high-flying stock to make it happen.
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The value of Coeur Mining's stock has more than doubled this year, and it's being used as a key part of the acquisition process. This is a great example of a company leveraging its strengths to make a major move in the market.
The acquisition is valued at $1.7 billion, a substantial sum that reflects the importance of the deal.
Mining Past Events
Coeur Mining has had its fair share of earnings reports, with some surprising results. The company's Q4 2023 Earnings Report showed a loss of -0.070 USD.
In 2022, Coeur Mining's Q4 Earnings Report was a stark contrast, with a profit of 0.190 USD. This was followed by a loss of -0.210 USD in the Q3 2022 Earnings Report.
Here's a summary of Coeur Mining's recent earnings reports:
Coeur Mining's Annual General Meetings have also been notable events, with the 2023 meeting showing a loss of -0.280 USD. The 2022 meeting had a loss of -0.130 USD.
Production Updates
Coeur Mining has seen a significant increase in shares over the past year due to strong gold and silver prices.
The company is delivering production growth, which is supporting a strong earnings outlook.
Coeur's Rochester silver-gold mine in Nevada has achieved key milestones, including positive throughput results.
The mine has successfully completed ramp-up activities, meeting its mid-year target run rates.
This production growth is a positive sign for investors, especially those who have been following Coeur's progress.
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Rochester Mine Achieves Mid-Year Target Run Rates
Coeur Mining's Rochester mine in Nevada has achieved mid-year target run rates. This is a significant milestone for the company.
The mine's recent expansion has allowed it to successfully complete ramp-up activities. This has enabled the mine to reach its mid-year target run rates.
As a result, Coeur Mining is well-positioned to meet its strong earnings outlook.
USD Mining Estimates
Coeur Mining's revenue estimates are looking strong for the next few years. By 2025, the company is expected to bring in $1,521 million, followed by $1,638 million in 2026 and $1,799 million in 2027.
The company's dividend yield is currently at 0.00%, but it's worth noting that dividend information is only available for 2028, where it's expected to be $0.
Coeur Mining's earnings per share (EPS) are expected to be $0.59 in 2025, increasing to $0.74 in 2026 and $1.15 in 2027.
Here's a breakdown of the company's estimated earnings per share for the next few years:
The company's P/E ratio is expected to be 10.21 in 2025, decreasing to 8.17 in 2026 and 5.23 in 2027.
Coeur Mining's net profit is expected to be $358 million in 2025, increasing to $429 million in 2026 and $571 million in 2028.
The company's net profit adjusted is expected to be $424 million in 2025, increasing to $517 million in 2026.
The company's pre-tax profit is expected to be $479 million in 2025, increasing to $763 million in 2026.
Coeur Mining's cash flow from operations is expected to be $608 million in 2025, increasing to $651 million in 2026 and $637 million in 2028.
The company's free cash flow is expected to be $380 million in 2025, increasing to $465 million in 2026 and $547 million in 2028.
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The company's net debt is expected to be -$125 million in 2025, decreasing to -$621 million in 2026 and -$1,857 million in 2028.
Coeur Mining's capital expenditure is expected to be $177 million in 2025, decreasing to $165 million in 2026 and $91 million in 2028.
The company's shareholder's equity is expected to be $904 million in 2025, increasing to $1,171 million in 2026.
Coeur Mining's total assets are expected to be $2,965 million in 2025, increasing to $3,516 million in 2026.
Mining Analyst Opinions
Analysts have been weighing in on Coeur Mining's stock, and their opinions are worth considering. The average rating for CDE stock is "Strong Buy" according to 4 analysts.
BMO Capital Markets has been a consistent supporter of Coeur Mining, maintaining a Buy rating on several occasions. In fact, they upgraded their rating to Buy on May 3, 2024, with a price target of $5.5.
Raymond James Financial, Inc. has maintained a more neutral stance, holding a Hold rating on Coeur Mining. This is evident in their ratings on July 17, 2024, and February 22, 2024, both of which had a price of $5.75 and $3.75, respectively.
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Here's a summary of the analyst opinions:
RBC Capital Markets and Capital Depesche also upgraded their ratings to Buy on September 22, 2023, and July 24, 2023, respectively, with price targets of $4 and $3.75.
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Frequently Asked Questions
Is CDE a good stock to buy?
CDE has a consensus "Buy" rating from 6 Wall Street analysts, with 4 recommending a buy and 1 a strong buy. Consider learning more about the stock's potential and current market trends before making an investment decision.
What is the price target for Coeur Mining?
The average price target for Coeur D'alene Mines is $8.20, representing a 42.11% increase from its current price of $5.77. Analysts predict a price range of $6.77 to $9.50 within the next 12 months.
What is the symbol for Coeur Mining?
The symbol for Coeur Mining is NYSE: CDE. This symbol is used for trading on the New York Stock Exchange.
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