Core Viewpoint - The gold sector stocks have seen significant increases, with GoldMining (GLDG.US) rising over 11% and other companies like Coeur Mining (CDE.US) and Harmony Gold (HMY.US) also experiencing gains, as spot gold prices have surpassed $4,000 per ounce for the first time [1] Group 1: Market Performance - GoldMining (GLDG.US) surged over 11% while Coeur Mining (CDE.US) and Gold Fields (GFI.US) rose nearly 3% each, and Harmony Gold (HMY.US) increased by over 2.8% [1] - Spot gold prices have increased by over 50% this year amid concerns over global trade prospects, Federal Reserve independence, and U.S. fiscal stability [1] Group 2: Investor Behavior - The urgency for gold price increases has intensified as investors seek to hedge against potential market shocks following the U.S. government funding impasse [1] - The Federal Reserve's initiation of a monetary easing cycle has provided support for gold, which does not yield interest [1] Group 3: ETF Inflows - There has been a significant influx of capital into gold-related exchange-traded funds (ETFs), with physically-backed ETFs recording the largest monthly inflow in over three years in September [1]

Coeur Mining (NYSE:CDE) 2025 Conference Summary Company Overview - Coeur Mining is a precious metals mining company headquartered in Coeur d'Alene, Idaho, with operations primarily in North America, including three mines in the U.S. and two in Mexico [doc id='8'][doc id='10']. - The company has undergone significant organizational and cultural changes since relocating to Chicago in 2013, focusing on building a stronger foundation [doc id='8']. Financial Performance - The stock price of Coeur Mining has significantly increased, quadrupling or quintupled in 2025 [doc id='1']. - In 2023, the company reported an EBITDA of $142 million and a free cash flow of -$297 million, with a leverage ratio of 4.5 times [doc id='4']. - For 2025, the projected EBITDA is over $900 million, and free cash flow is expected to exceed $500 million, with a goal to reduce the leverage ratio to zero by year-end [doc id='5']. - The second quarter of 2025 marked a significant inflection point, with nearly $150 million in free cash flow [doc id='6']. Operational Highlights - Coeur Mining produced approximately 410,000 ounces of gold and around 18 million ounces of silver in 2025, with a revenue mix of about two-thirds gold and one-third silver [doc id='9'][doc id='10']. - The acquisition of SilverCrest Metals Inc. and the addition of the Las Chispas mine in Mexico have contributed positively to the company's performance [doc id='3'][doc id='4']. - The company has a diversified portfolio across five operations, reducing concentration risk [doc id='11']. Strategic Initiatives - The company has invested heavily in exploration and expansion, with a total of nearly $300 million over the last five years, resulting in significant additions to reserves and resources [doc id='27']. - The Rochester mine expansion, costing approximately $730 million, is expected to significantly increase production capacity and cash flow [doc id='15'][doc id='24']. - Coeur Mining is focusing on maintaining a balanced portfolio, with a cautious approach to increasing exposure in Mexico due to regulatory changes [doc id='12']. Market Conditions - The company has benefited from rising precious metal prices, which have contributed to margin expansion, with EBITDA margins increasing from 17% to potentially over 50% [doc id='21']. - Inflationary pressures on operating costs have subsided, allowing for improved profitability [doc id='20']. Future Outlook - The company anticipates continued growth in production and cash flow, particularly from Las Chispas and the ramp-up of the Rochester mine [doc id='40']. - Coeur Mining is exploring opportunities at the Silvertip project in British Columbia, which has potential for high-grade silver production [doc id='53']. - The management emphasizes a commitment to safety, governance, and community relations, having been recognized as the safest mining company in America for three consecutive years [doc id='62']. Key Risks and Considerations - The company faces challenges related to permitting and regulatory changes, particularly in Mexico, which could impact future operations [doc id='12'][doc id='32']. - The reliance on external financing and the management of debt levels remain critical as the company transitions to a more stable financial position [doc id='64'][doc id='65']. Conclusion - Coeur Mining is positioned for significant growth and improved financial health, driven by strategic investments, operational efficiencies, and favorable market conditions. The focus on exploration and maintaining a balanced portfolio will be crucial for sustaining long-term success [doc id='63'][doc id='70'].

John Tumazos Very Independent Research Virtual Metals Conference October 2025 NYSE: CDE NYSE: CDE JC 2016 1 Cautionary Statements This presentation contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements involving strategic priorities and company strategies, growth, anticipated production, costs and expenses, exploration and development efforts, operations, expectations and initiatives at Las Chispas, Palmarejo, Rochester, Kensin ...

Core Points - Coeur Mining, Inc. announced participation in upcoming investor conferences [1] - Chairman, President, and CEO Mitchell J. Krebs will present at the John Tumazos Very Independent Research Virtual Metals Conference on October 7, 2025 [1] - Senior Vice President and Chief Financial Officer Thomas S. Whelan will also participate in the conferences [1]

Group 1 - The price of gold has reached a historic high, currently standing at $3,890 per ounce, leading to a pre-market rise in gold stocks in the US [1] - AngloGold shares increased by over 3%, while Harmony Gold and Kinross Gold saw gains of over 2% [1] - Other companies such as Pan American Silver and Fortuna Silver also experienced pre-market increases of over 1% [1] Group 2 - AngloGold's latest price is $70.33, with a market capitalization of $35.499 billion and a year-to-date increase of 216.85% [2] - DRDGOLD shares are priced at $27.60, with a market cap of $2.385 billion and a year-to-date increase of 226.89% [2] - Kinross Gold's latest price is $24.85, with a market cap of $30.287 billion and a year-to-date increase of 170.31% [2]

Company Overview - Coeur Mining (CDE) shares increased by 7% to close at $17.42, with trading volume significantly higher than usual, reflecting a 39.5% gain over the past four weeks [1][2] Market Conditions - The rise in Coeur Mining's shares is attributed to record-high gold and silver prices, driven by expectations of further U.S. Federal Reserve rate cuts, including a recent 25 basis point reduction [2] - Year-to-date, gold prices have risen by 40.4%, supported by safe-haven buying amid geopolitical tensions and strong central bank purchases, while silver demand is bolstered by industries such as solar, electric vehicles, and electronics [2] Company Performance - Coeur Mining's recent drilling results from its Las Chispas and Kensington mines indicate some of the highest grades, with expected quarterly earnings of $0.22 per share, representing an 83.3% year-over-year increase [3] - Revenue is projected to be $511.2 million, reflecting a 63.1% increase from the same quarter last year [3] Earnings Estimates - The consensus EPS estimate for Coeur Mining has been revised 4.7% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [5] - The company is currently ranked 3 (Hold) by Zacks, while another company in the same industry, United States Antimony Corporation, has a Zacks Rank of 4 (Sell) [6][7]

Core Insights - Three gold mining stocks have significantly improved their quality rankings, coinciding with gold prices reaching new highs this week [1][7] - These stocks have entered the top 10% bracket for quality, indicating their operational efficiency and financial health compared to industry peers [1][3] Quality Ranking Explanation - The quality metric used is a composite score analyzing a company's operational efficiency and financial health, based on historical profitability and fundamental strength indicators [2] - This score is expressed as a percentile, showing how a company measures up against its sector peers [2] Performance of Gold Mining Stocks - Anglogold Ashanti PLC (AU) saw its quality percentile rise from 88.68 to 91.44, a gain of 2.76 points, with a year-to-date stock gain of 165.08% and 136.60% over the year [8] - Coeur Mining Inc. (CDE) jumped from 89.21 to 91.71, posting a week-on-week boost of 2.5 percentile points, with a year-to-date increase of 158.06% and 137.04% over the year [8] - New Gold Inc. (NGD) climbed from 89.18 to 90.07, with a positive change of 0.89 percentile points, achieving a year-to-date increase of 146.56% and 116.05% over the year [8] Market Context - Gold prices have surged, with the Gold Spot price rising 0.25% to around $3,669.12 per ounce, marking a 19.93% increase over the last six months and 42.16% over the year [9] - The recent price movements have prompted increased scrutiny and interest in leading gold miners, with investors focusing on quality as a differentiator [7]

Core Insights - Alluvial Gold Research provides detailed analysis on undervalued mining companies, focusing on those with upcoming catalysts that could enhance portfolio performance [1] Group 1 - The research aims to assist investors in identifying the most undervalued miners [1] - Subscribers receive access to current portfolios and real-time buy/sell alerts [1]

Group 1 - The company is responsible for the development of transcript-related projects [1] - The company publishes thousands of quarterly earnings calls per quarter [1] - The company is continuing to grow and expand its coverage [1]

Core Insights - Coeur Mining (NYSE: CDE) is shifting its focus from being primarily a silver miner to producing a mix of gold and silver, reflecting a broader trend in the mining industry [1] Company Overview - Coeur Mining is adapting its production strategy to include both gold and silver, which may enhance its market position and revenue potential [1] Industry Trends - The trend of diversifying production from silver to include gold is becoming increasingly common in the mining sector, indicating a strategic shift among companies to optimize their resource portfolios [1]