[Key Highlights & Financial Summary](index=1&type=section&id=Key%20Highlights%20%26%20Financial%20Summary) Coeur Mining reported record Q2 2025 financial results, driven by significant production increases and higher metal prices, achieving record revenue, operating cash flow, and net income, which enabled debt repayment and a share repurchase program Q2 2025 Financial Performance Highlights | Metric | Q2 2025 ($M) | Q1 2025 ($M) | Q2 2024 ($M) | | :--- | :--- | :--- | :--- | | Revenue | $480.7M | $360.1M | $222.0M | | Net Income | $70.7M | $33.4M | $1.4M | | Adjusted EBITDA | $243.5M | $148.9M | $52.4M | | Operating Cash Flow | $207.0M | $67.6M | $15.2M | | Free Cash Flow | $146.2M | $17.6M | ($36.2M) | - Production saw substantial year-over-year growth, with silver production increasing by **79%** and gold production by **38%**[3](index=3&type=chunk) - Quarter-over-quarter, silver and gold production rose by **27%** and **25%**, respectively[3](index=3&type=chunk) - The company strengthened its balance sheet by repaying the remaining **$110 million** on its revolving credit facility (RCF), reducing its net leverage ratio to **0.4x**[3](index=3&type=chunk) - A **$75 million** share repurchase program was authorized, with **216,500** shares repurchased during the quarter at an average price of **$9.24** per share[3](index=3&type=chunk) - Full-year 2025 guidance was reaffirmed for production of **380,000 - 440,000 ounces** of gold and **16.7 - 20.3 million ounces** of silver[3](index=3&type=chunk) [Operations Review](index=5&type=section&id=Operations) All five North American operations achieved strong production increases and positive free cash flow in Q2, with significant contributions from the newly acquired Las Chispas and successful ramp-up at Rochester, alongside solid performance from Palmarejo, Kensington, and Wharf [Las Chispas, Mexico](index=5&type=section&id=Las%20Chispas%2C%20Mexico) The Las Chispas mine, in its first full quarter, produced **16,271 ounces of gold** and **1.5 million ounces of silver**, generating **$49.4 million in free cash flow**, with exploration focused on expanding high-grade discoveries Las Chispas Q2 2025 Performance | Metric | Q2 2025 | | :--- | :--- | | Gold Production (oz) | 16,271 | | Silver Production (oz) | 1,488,672 | | Adjusted CAS per AuOz ($/oz) | $894 | | Adjusted CAS per AgOz ($/oz) | $8.94 | | Free Cash Flow ($M) | $49.4M | - Exploration investment totaled approximately **$3 million**, with up to eight rigs active[18](index=18&type=chunk) - The high-grade Augusta discovery has been traced over **320 meters** along strike, consistently yielding high-grade intercepts[18](index=18&type=chunk) [Palmarejo, Mexico](index=6&type=section&id=Palmarejo%2C%20Mexico) The Palmarejo complex produced **27,272 ounces of gold** and **1.7 million ounces of silver**, with free cash flow surging to **$42.3 million**, driven by higher grades and throughput, while exploration focuses on expanding the Hidalgo Corridor Palmarejo Q2 2025 Performance | Metric | Q2 2025 | Q1 2025 | | :--- | :--- | :--- | | Gold Production (oz) | 27,272 | 23,032 | | Silver Production (K oz) | 1,741 | 1,680 | | Adjusted CAS per AuOz ($/oz) | $888 | $882 | | Adjusted CAS per AgOz ($/oz) | $14.39 | $14.37 | | Free Cash Flow ($M) | $42.3M | $2.8M | - Exploration investment was approximately **$4 million**[27](index=27&type=chunk) - Drilling at the Hidalgo Corridor continues to deliver excellent results, extending the strike length by an additional **350 meters** year-to-date[27](index=27&type=chunk) [Rochester, Nevada](index=8&type=section&id=Rochester%2C%20Nevada) The Rochester expansion project showed continued progress with crushed ore tons increasing **24%** to **6.7 million tons**, driving higher production of **1.5 million silver ounces** and **14,302 gold ounces**, and returning to positive free cash flow of **$15.1 million** Rochester Q2 2025 Performance | Metric | Q2 2025 | Q1 2025 | | :--- | :--- | :--- | | Silver Production (K oz) | 1,456 | 1,284 | | Gold Production (oz) | 14,302 | 13,353 | | Adjusted CAS per AgOz ($/oz) | $16.83 | $18.41 | | Adjusted CAS per AuOz ($/oz) | $1,675 | $1,670 | | Free Cash Flow ($M) | $15.1M | ($21.9M) | - The crushing circuit processed **6.7 million tons**, a **24%** increase from the **5.5 million tons** in the previous quarter, reflecting steady increases in circuit availability[33](index=33&type=chunk) [Kensington, Alaska](index=10&type=section&id=Kensington%2C%20Alaska) Kensington's gold production increased to **26,555 ounces**, with adjusted CAS decreasing to **$1,713** per ounce, generating **$19.7 million in free cash flow**, marking the end of a multi-year underground development program Kensington Q2 2025 Performance | Metric | Q2 2025 | Q1 2025 | | :--- | :--- | :--- | | Gold Production (oz) | 26,555 | 22,715 | | Adjusted CAS per AuOz ($/oz) | $1,713 | $1,882 | | Free Cash Flow ($M) | $19.7M | ($9.6M) | - Exploration drilling is progressing well, with a newly-discovered Elmira Hanging Wall Zone expected to be included in year-end resource estimates for the first time[39](index=39&type=chunk) [Wharf, South Dakota](index=11&type=section&id=Wharf%2C%20South%20Dakota) The Wharf mine increased gold production by **18%** to **24,087 ounces**, leading to a **7%** decrease in adjusted CAS to **$1,175** per ounce and a substantial increase in free cash flow to **$37.8 million** Wharf Q2 2025 Performance | Metric | Q2 2025 | Q1 2025 | | :--- | :--- | :--- | | Gold Production (oz) | 24,087 | 20,491 | | Adjusted CAS per AuOz ($/oz) | $1,175 | $1,260 | | Free Cash Flow ($M) | $37.8M | $8.3M | - Exploration investment totaled **$4 million**[49](index=49&type=chunk) - Expansion and infill drilling programs at Wedge and North Foley were completed and are expected to contribute meaningfully to year-end reserve and resource estimates[49](index=49&type=chunk) [Exploration](index=13&type=section&id=Exploration) The company invested approximately **$30 million** in Q2 exploration, with total 2025 investment expected between **$77 million** and **$93 million**, prioritizing resource expansion at Palmarejo, higher-grade zone definition at Rochester, and geological knowledge building at Las Chispas - Total Q2 exploration investment was approximately **$30 million**, consisting of **$23 million** expensed and **$7 million** capitalized[52](index=52&type=chunk) - Top exploration priorities for 2025 are: (1) building the inferred pipeline at Palmarejo, (2) outlining higher-grade structures at Rochester, (3) maintaining a **5-year** reserve life at Kensington, (4) completing expansion programs at Wharf, (5) growing the resource base at Silvertip, and (6) building knowledge of Las Chispas[51](index=51&type=chunk) - At the Silvertip project, exploration investment was **$9 million** in Q2, with drilling commencing in May on three targets: Southern Silver, Discovery, and Saddle Zones[53](index=53&type=chunk) [2025 Guidance](index=14&type=section&id=2025%20Guidance) Coeur reaffirmed its full-year 2025 production and CAS guidance while updating sustaining capital expenditures and G&A expenses to reflect a **$10 million** cash funding decision and non-cash incentive compensation due to strong share price performance 2025 Production Guidance (Ounces) | Mine | Gold (oz) | Silver (K oz) | | :--- | :--- | :--- | | Las Chispas | 42,500 - 52,500 | 4,250 - 5,250 | | Palmarejo | 95,000 - 105,000 | 5,400 - 6,500 | | Rochester | 60,000 - 75,000 | 7,000 - 8,300 | | Kensington | 92,500 - 107,500 | — | | Wharf | 90,000 - 100,000 | 50 - 200 | | **Total** | **380,000 - 440,000** | **16,700 - 20,250** | 2025 Adjusted CAS Guidance ($/oz) | Mine | Gold ($/oz) | Silver ($/oz) | | :--- | :--- | :--- | | Las Chispas | $850 - $950 | $9.25 - $10.25 | | Palmarejo | $950 - $1,150 | $17.00 - $18.00 | | Rochester | $1,250 - $1,450 | $14.50 - $16.50 | | Kensington | $1,700 - $1,900 | — | | Wharf | $1,250 - $1,350 | — | Updated 2025 Capital, Exploration & G&A Guidance ($M) | Category | Previous ($M) | Updated ($M) | | :--- | :--- | :--- | | Capital Expenditures, Sustaining | $132 - $156 | $142 - $156 | | General & Administrative Expenses | $44 - $48 | $48 - $52 | [Financial Statements](index=18&type=section&id=Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Q2 2025, including the Balance Sheet, Income Statement, and Cash Flow Statement, reflecting the significant impact of the SilverCrest acquisition and strong operational performance [Condensed Consolidated Balance Sheets](index=18&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, total assets increased to **$4.15 billion** from **$2.30 billion** due to the SilverCrest acquisition, with cash increasing to **$111.6 million** and total debt reduced to **$380.7 million** Key Balance Sheet Items (in thousands) | Account | June 30, 2025 | Dec 31, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $111,646 | $55,087 | | Total Assets | $4,150,950 | $2,301,747 | | Total Current Liabilities | $327,674 | $330,820 | | Total Debt (Current & Non-Current) | $380,722 | $590,058 | | Total Stockholders' Equity | $2,828,387 | $1,123,252 | [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=19&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Loss%29) For Q2 2025, the company generated revenue of **$480.7 million**, more than double the prior year, resulting in a net income of **$70.7 million**, or **$0.11 per share**, a significant improvement from Q2 2024 Q2 Income Statement Comparison (in thousands) | Account | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Revenue | $480,650 | $222,026 | | Total costs and expenses | $340,542 | $205,350 | | Income from operations | $140,108 | $16,676 | | Net Income | $70,726 | $1,426 | | Basic EPS | $0.11 | $0.00 | [Condensed Consolidated Statements of Cash Flows](index=20&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The company generated a record **$207.0 million** in cash from operating activities in Q2 2025, with **$60.6 million** used in investing activities and **$112.8 million** used in financing activities, primarily for debt and lease payments Q2 Cash Flow Comparison (in thousands) | Category | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | | :--- | :--- | :--- | | Cash from Operating Activities | $206,951 | $15,249 | | Cash used in Investing Activities | ($60,573) | ($51,553) | | Cash from (used in) Financing Activities | ($112,772) | $43,316 | | Increase in Cash | $34,102 | $6,651 | [Appendix: Non-GAAP Reconciliations](index=21&type=section&id=Appendix%3A%20Non-GAAP%20Reconciliations) This appendix provides detailed reconciliations of non-U.S. GAAP financial measures, including Adjusted EBITDA, Adjusted Net Income, Free Cash Flow, and Adjusted Costs Applicable to Sales (CAS), to their nearest U.S. GAAP equivalents, offering transparency into various adjustments - The report provides reconciliations for key non-GAAP measures including EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Net Income, and Adjusted Costs Applicable to Sales (CAS) per ounce[64](index=64&type=chunk)[67](index=67&type=chunk) Net Debt and Leverage Ratio Trend | Metric | 2Q 2025 | 1Q 2025 | 2Q 2024 | | :--- | :--- | :--- | :--- | | Total debt ($M) | $380.7M | $498.3M | $629.3M | | Net debt ($M) | $269.1M | $420.7M | $555.2M | | Leverage ratio (x) | 0.4x | 0.9x | 2.9x | - Detailed reconciliations of Costs Applicable to Sales (CAS) to Adjusted CAS are provided for each operation, breaking down adjustments for amortization, inventory, and by-product credits to arrive at the per-ounce cost metrics[84](index=84&type=chunk)[86](index=86&type=chunk)[88](index=88&type=chunk)

[Part I. Financial Information](index=4&type=section&id=Part%20I.%20Financial%20Information) This section provides the unaudited condensed consolidated financial statements and management's discussion and analysis [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Coeur Mining, Inc. for the period ended June 30, 2025 [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Details the company's financial position, including assets, liabilities, and equity, as of June 30, 2025, and December 31, 2024 Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Current Assets** | $526,309 | $273,099 | | Cash and cash equivalents | $111,646 | $55,087 | | **Total Assets** | **$4,150,950** | **$2,301,747** | | Goodwill | $613,355 | $0 | | **Total Current Liabilities** | $327,674 | $330,820 | | **Total Liabilities** | $1,322,563 | $1,178,495 | | **Total Stockholders' Equity** | $2,828,387 | $1,123,252 | | **Total Liabilities and Stockholders' Equity** | **$4,150,950** | **$2,301,747** | - Total assets **significantly increased** from **$2.3 billion** to **$4.15 billion**, primarily **driven by** the acquisition of SilverCrest, which added **$613.4 million** in goodwill and increased property, plant, and equipment[11](index=11&type=chunk) [Condensed Consolidated Statements of Comprehensive Income (Loss)](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) Presents the company's financial performance, including revenue and net income (loss), for the periods ended June 30, 2025 and 2024 Statement of Comprehensive Income (Loss) Highlights (in thousands, except per share data) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | **Revenue** | **$480,650** | **$222,026** | **$840,712** | **$435,086** | | Income from operations | $140,108 | $16,676 | $202,264 | $13,319 | | **Net Income (Loss)** | **$70,726** | **$1,426** | **$104,079** | **$(27,691)** | | **Diluted EPS** | **$0.11** | **$0.00** | **$0.18** | **$(0.07)** | - Revenue for the second quarter of 2025 **more than doubled** year-over-year to **$480.7 million**, leading to a **substantial increase** in net income to **$70.7 million** compared to **$1.4 million** in the prior-year period[12](index=12&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Details cash flows from operating, investing, and financing activities for the six months ended June 30, 2025 and 2024 Statement of Cash Flows Highlights (in thousands) | Cash Flow Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | **Net cash provided by (used in) operating activities** | **$274,586** | **$(622)** | | Net cash provided by (used in) investing activities | $(7,269) | $(93,679) | | Net cash provided by (used in) financing activities | $(210,925) | $107,135 | | **Increase in cash, cash equivalents and restricted cash** | **$56,596** | **$12,513** | - Operating cash flow for the first six months of 2025 was a **strong inflow** of **$274.6 million**, a **significant turnaround** from a small outflow in the same period of 2024. Financing activities showed a **net use** of cash of **$210.9 million**, primarily due to debt repayments of **$357.0 million**[13](index=13&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed explanations of the accounting policies and methodologies used in preparing the financial statements - On February 14, 2025, the Company completed the acquisition of SilverCrest Metals Inc. in exchange for approximately **239.3 million common shares**, with an implied total equity value of **$1.58 billion**. The transaction was accounted for as a business combination[29](index=29&type=chunk)[30](index=30&type=chunk) Preliminary Purchase Price Allocation for SilverCrest Acquisition (in thousands) | Component | Amount | | :--- | :--- | | **Total purchase price** | **$1,518,211** | | Net identifiable assets acquired | $904,856 | | **Goodwill** | **$613,355** | - The Revolving Credit Facility (RCF) was **fully repaid** during the quarter, with **no outstanding** draws as of June 30, 2025, compared to **$195.0 million** outstanding at the end of 2024[51](index=51&type=chunk)[53](index=53&type=chunk) - The company **initiated** a **$75.0 million** share repurchase program on May 27, 2025. During June 2025, **216,500 shares** were repurchased for approximately **$2.0 million**, leaving **$73.0 million** available under the program[95](index=95&type=chunk)[96](index=96&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=27&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses financial condition and results, highlighting **record** revenue, cash flow, and balance sheet improvements - Q2 2025 was a **record quarter** with revenue of **$480.7 million**, net income of **$70.7 million**, and **record free cash flow** of **$146 million**[117](index=117&type=chunk) - The company strengthened its balance sheet by repaying the remaining **$110 million** on its revolving credit facility (RCF), resulting in a net leverage ratio of **0.4x** at quarter-end[117](index=117&type=chunk) - Full-year 2025 production guidance is **reaffirmed** at **380,000 - 440,000 ounces** of gold and **16.7 - 20.3 million ounces** of silver[117](index=117&type=chunk) [Consolidated Financial Results](index=28&type=section&id=Consolidated%20Financial%20Results) Provides a comparative analysis of financial results, highlighting significant revenue growth and improved net income Consolidated Metal Sales (in thousands) | Period | Gold Sales | Silver Sales | Total Metal Sales | | :--- | :--- | :--- | :--- | | **Q2 2025** | $323,114 | $157,536 | $480,650 | | **Q1 2025** | $235,327 | $124,735 | $360,062 | | **% Change** | 37% | 26% | 33% | - The increase in Q2 2025 revenue was **driven by** a **20% increase** in gold and silver ounces sold and a **15%** and **5% increase** in average realized gold and silver prices, respectively, compared to Q1 2025[120](index=120&type=chunk) - For the first six months of 2025, revenue increased **93% year-over-year**, **driven by** a **24% increase** in gold ounces sold, a **65% increase** in silver ounces sold, and a **47%** and **32% increase** in realized gold and silver prices, respectively[130](index=130&type=chunk) [2025 Guidance](index=32&type=section&id=2025%20Guidance) The company reaffirmed 2025 production and cost guidance while updating capital and G&A expense guidance 2025 Production Guidance | Metal | Production Range | | :--- | :--- | | Gold (oz) | 380,000 - 440,000 | | Silver (K oz) | 16,700 - 20,250 | 2025 Capital, Exploration and G&A Guidance Update ($M) | Category | Previous | Updated | | :--- | :--- | :--- | | Capital Expenditures, Sustaining | $132 - $156 | $142 - $156 | | General & Administrative Expenses | $44 - $48 | $48 - $52 | [Results of Operations](index=34&type=section&id=Results%20of%20Operations) Details the operational performance of each mine, highlighting significant production increases from key sites Q2 2025 Production by Mine | Mine | Gold Ounces Produced | Silver Ounces Produced | | :--- | :--- | :--- | | Las Chispas | 16,271 | 1,488,672 | | Palmarejo | 27,272 | 1,740,952 | | Rochester | 14,302 | 1,456,326 | | Kensington | 26,555 | - | | Wharf | 24,087 | 36,244 | - Las Chispas results reflect a full quarter of operations in Q2 vs. a partial quarter in Q1 post-acquisition, with gold and silver production increasing **127%** and **108%** respectively[149](index=149&type=chunk) - Rochester's ramp-up is progressing, with **6.7 million tons** of crushed ore placed on the new leach pad in Q2, a **24% increase** compared to Q1[156](index=156&type=chunk) [Liquidity and Capital Resources](index=38&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintained a **strong liquidity position** with increased cash and available credit, improving its net leverage ratio - At quarter-end, the company had **$113.5 million** in cash, cash equivalents, and restricted cash, with **$379.8 million** available under the RCF[166](index=166&type=chunk) - The company **fully repaid** its RCF, with net repayments of **$195.0 million** during the first six months of 2025[166](index=166&type=chunk) - The company's net leverage ratio (Net Debt to Last Twelve Months Adjusted EBITDA) **improved** to **0.4x** as of June 30, 2025[167](index=167&type=chunk) [Non-GAAP Financial Performance Measures](index=41&type=section&id=Non-GAAP%20Financial%20Performance%20Measures) Provides definitions and reconciliations for non-GAAP measures like Adjusted EBITDA and Free Cash Flow Key Non-GAAP Reconciliations (Q2 2025, in thousands) | Metric | Amount | | :--- | :--- | | Net Income | $70,726 | | **Adjusted Net Income** | **$127,401** | | EBITDA | $202,993 | | **Adjusted EBITDA** | **$243,481** | | Cash flow from operations | $206,951 | | **Free Cash Flow** | **$146,144** | [Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company faces market risks from fluctuating metal prices, foreign currency, and interest rates - The company's **primary market risk** is the fluctuation of gold and silver prices, which can significantly impact profitability, cash flow, and the valuation of inventory and assets[213](index=213&type=chunk) - As of June 30, 2025, the company had **no outstanding** gold or silver hedging contracts. It acquired some zero-cost collar hedges with the SilverCrest acquisition, but they settled by March 2025[217](index=217&type=chunk) - The company has exposure to foreign currency risk from its operations in Canada and Mexico. It may use forward contracts to manage this risk but had **none outstanding** at June 30, 2025[220](index=220&type=chunk)[221](index=221&type=chunk) [Controls and Procedures](index=49&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls were **effective**, with **no material changes** to internal controls - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of the end of the period covered by the report[225](index=225&type=chunk) - There were **no changes** in the company's internal control over financial reporting during the second quarter of 2025 that have materially affected, or are reasonably likely to materially affect, its internal controls[226](index=226&type=chunk) [Part II. Other Information](index=50&type=section&id=Part%20II.%20Other%20Information) This section covers legal proceedings, risk factors, and other material information not included in the financial statements [Legal Proceedings](index=50&type=section&id=Item%201.%20Legal%20Proceedings) Refers to Note 17 for details on legal proceedings, including VAT recovery litigation and labor matters - For details on legal proceedings, the report refers to Note 17 of the financial statements[228](index=228&type=chunk) [Risk Factors](index=50&type=section&id=Item%201A.%20Risk%20Factors) **No material changes** to previously disclosed risk factors from the 2024 10-K and Q1 2025 10-Q - The risk factors set forth in the 2024 10-K, as supplemented by the Q1 2025 10-Q, remain current. **No new significant risks** are disclosed in this report[229](index=229&type=chunk) [Other Information](index=50&type=section&id=Item%205.%20Other%20Information) Discloses CEO Mitchell J. Krebs adopted a new Rule 10b5-1 trading plan for potential stock sales - On June 6, 2025, CEO Mitchell J. Krebs adopted a new 10b5-1 trading plan for the sale of up to **250,000 shares** of common stock, **effective** from September 5, 2025, to February 15, 2026[231](index=231&type=chunk)

Group 1 - Coeur Mining (CDE) is currently outperforming its peers in the Basic Materials sector, with a year-to-date return of approximately 70.5% compared to the sector average of 11.7% [4] - The Zacks Rank for Coeur Mining is 1 (Strong Buy), indicating a positive earnings outlook and strong analyst sentiment, with a consensus estimate for full-year earnings having increased by 57.6% in the past quarter [3][4] - Coeur Mining belongs to the Mining - Non Ferrous industry, which has seen a decline of about 1.1% year-to-date, further highlighting CDE's strong performance relative to its industry [6] Group 2 - Another notable stock in the Basic Materials sector is US Gold Corp (USAU), which has achieved a year-to-date return of 82.7% and has a Zacks Rank of 2 (Buy) [5] - The Mining - Gold industry, to which US Gold Corp belongs, has performed well with a year-to-date increase of 69%, although it is ranked 55 in the Zacks Industry Rank [6] - Investors interested in Basic Materials stocks should monitor both Coeur Mining and US Gold Corp for continued strong performance [7]

Core Insights - Coeur Mining (CDE) is set to report its second-quarter 2025 results on August 6, with total sales expected to reach $474.40 million, reflecting a significant increase of 113.7% year-over-year [1][5] - The consensus estimate for earnings has risen by 20% over the past 60 days, currently projected at 18 cents per share, indicating a recovery from a loss of one cent per share in the same quarter last year [2][5] Financial Performance - CDE has a history of earnings surprises, beating the Zacks Consensus Estimates in three of the last four quarters, with an average surprise of 136.19% [3][4] - The second-quarter sales estimate of $474.4 million is supported by increased production from the Las Chispas and Rochester mines, along with higher gold prices [5][16] Production Insights - In Q1 2025, Coeur Mining reported a 44% year-over-year increase in silver production, totaling 3.7 million ounces, driven by the expanded Rochester mine and contributions from the Las Chispas mine [8] - The company maintains its 2025 production guidance of 380,000–440,000 ounces of gold and 16.7–20.3 million ounces of silver, suggesting year-over-year increases of 20% and 62% at the midpoint [9] Mine Contributions - The Las Chispas mine is expected to contribute significantly to CDE's performance, with projections of 4.25–5.25 million ounces of silver and 42,500–52,500 ounces of gold for the full year [10] - The Rochester mine has shown strong performance, with expected full-year production of 7.0 - 8.3 million ounces of silver and 60,000 - 75,000 ounces of gold, marking substantial year-over-year increases [12] Pricing Environment - The quarter benefited from favorable pricing, with gold averaging $3,301 per ounce (up 41% year-over-year) and silver prices rising by 16%, enhancing Coeur Mining's revenue potential [16] Stock Performance - Coeur Mining's shares have increased by 66.3% over the past year, significantly outperforming the non-ferrous mining industry, which saw a decline of 9.5% [18]

Core Insights - Coeur Mining (CDE) is expected to report a year-over-year increase in earnings driven by higher revenues, with a consensus estimate of $0.18 per share, reflecting a significant increase of +1900% [3] - Revenues are projected to reach $474.4 million, marking an increase of 113.7% compared to the same quarter last year [3] - The earnings report is anticipated to be released on August 6, and the actual results will significantly influence the stock price movement [2] Estimate Revisions - The consensus EPS estimate has been revised 45.24% higher in the last 30 days, indicating a positive reassessment by analysts [4] - The Most Accurate Estimate for Coeur Mining aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12] Earnings History - In the last reported quarter, Coeur Mining exceeded the expected earnings of $0.02 per share by delivering $0.11, resulting in a surprise of +450.00% [13] - Over the past four quarters, the company has beaten consensus EPS estimates three times [14] Industry Comparison - Centrus Energy Corp. (LEU), another player in the mining sector, is expected to report an EPS of $0.71, which represents a year-over-year decline of -62.4% [18] - Centrus Energy's revenues are projected to be $136.84 million, down 27.6% from the previous year, with a consensus EPS estimate revised 106% higher recently [19]

VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" or the "Company") is pleased to advise that, aside from the Sarape Project in Mexico, the Company has decided to shift its exploration focus to South America. Within Mexico, Xali Gold has most recently been advancing the Sarape silver-gold Project ("Sarape") under option from Advanced Lithium Corp. Sarape is located in the Rio Sonora Valley of northern Mexico, a prolific gold-silver mining district that in ...

Core Viewpoint - Coeur Mining (CDE) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimates - Analysts' optimism regarding Coeur Mining's earnings prospects is leading to higher estimates, which is expected to positively impact the stock price [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and stock price movements, with Zacks 1 Ranked stocks averaging a +25% annual return since 2008 [3]. Current Quarter Estimates - For the current quarter, Coeur Mining is expected to earn $0.17 per share, reflecting a year-over-year increase of +1,800.0% [5]. - Over the past 30 days, the Zacks Consensus Estimate for the company has risen by 45.24%, with two estimates moving higher and no negative revisions [5]. Current Year Estimates - The expected earnings for the full year are $0.74 per share, representing a +311.1% change from the previous year [6]. - The consensus estimate has increased by 8.87% over the past month, with two estimates moving higher and no negative revisions [6][7]. Zacks Rank - Coeur Mining has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable tool for investors to leverage earnings estimate changes [8]. - Stocks with Zacks Rank 1 and 2 have been shown to significantly outperform the S&P 500 [8]. Investment Outlook - The strong estimate revisions have led to a 7.3% increase in Coeur Mining's stock over the past four weeks, suggesting potential for further upside [9].

Group 1 - Spot gold prices increased by approximately 1% [1] - Orezone Gold's stock price rose by 10%, marking the largest single-day gain in five weeks [1] - Coeur Mining saw its stock price increase by over 5% during the trading session [1]

Core Viewpoint - Troilus Gold Corp. has appointed Mr. Rob Doyle as Strategic Advisor to the CEO and Chairman, effective August 1, 2025, to provide strategic, financial, and operational guidance as the Troilus Project advances towards construction and long-term production [1][3]. Group 1: Appointment and Experience - Mr. Doyle has over 25 years of experience in international mining finance, corporate strategy, and project development, previously serving as CFO of Pan American Silver Corp. and SilverCrest Metals Inc. [2][4] - His tenure at Pan American Silver Corp. included significant growth, leading the company to become a multi-billion-dollar producer and overseeing large-scale M&A transactions [2][4]. Group 2: Role and Responsibilities - In his advisory role, Mr. Doyle will collaborate with the executive and finance teams to ensure operational readiness, robust internal controls, and a disciplined financial strategy [3]. - His responsibilities encompass strategic support on financial governance, project financing, risk management, and systems optimization to position the company for construction and future growth [3]. Group 3: Project Development - Troilus is advancing one of Canada's largest undeveloped gold-copper projects in Quebec, with a Feasibility Study completed in 2024 and an Environmental and Social Impact Assessment submitted recently [5][6]. - The company is targeting a construction decision in 2026, with key project financing milestones progressing, including an indicative offtake agreement with Aurubis [5].

Core Points - Kuya Silver Corporation held its Annual General and Special Meeting of Shareholders on June 26, 2025, where all proposed matters were approved, including the appointment of new directors and the auditor [1][2] - The company welcomed three new independent directors: Gene McBurney, Lisa Wilkinson, and Sandro Ferrarone, enhancing the board's expertise in mining operations and corporate governance [3][8] - The company operates the Bethania silver mine in Peru and is focused on developing district-scale silver projects in mining-friendly jurisdictions [9] Summary by Category Shareholder Meeting Results - All matters put forward to shareholders were approved, including the appointment of Davidson & Company LLP as the auditor until the next annual meeting [2] - Shareholders ratified the 10% rolling equity incentive plan, which requires re-approval by June 27, 2028 [2] New Directors - Gene McBurney has over 25 years of investment banking experience and co-founded GMP Securities, contributing significant expertise in resource sectors [4] - Lisa Wilkinson has over 20 years in investor relations and corporate communications, currently serving as Vice President at Centerra Gold [5] - Sandro Ferrarone is Vice President and Country Manager for Coeur Mining in Mexico, with extensive international mining experience [6] Company Overview - Kuya Silver is a Canadian-based mining company focused on silver, operating the Bethania silver mine in Peru [9]