Key Takeaways CDE posted Q3 2025 revenue of about $555M, up 77% year over year, driven by higher prices and volumes. CDE doubled cash to $266.3M, generated $237.7M in operating cash flow and cut debt by over $228M. CDE is ramping its Rochester expansion, integrating Las Chispas and funding a $67-$77M exploration program. Coeur Mining, Inc. (CDE) has gained 235.7% over the past year compared with the Zacks Mining-Non Ferrous industry’s 85.9% increase and the S&P 500’s 20% rise. Among its peers, Southern Copp ...

Core Insights - Coeur Mining, Inc. is a significant player in the mining industry, focusing on precious metals extraction from five North American mines, with a price target of $23 set by Roth Capital, indicating a potential upside of 33.33% from its current price of $17.25 [1] Financial Performance - In Q3, Coeur Mining reported a 77% year-over-year increase in revenue, reaching approximately $555 million, driven by balanced output from its mines and stronger metal prices [2][6] - The company's ability to capitalize on favorable market conditions has significantly enhanced its valuation and cash flow [6] Market Valuation - Coeur Mining's forward 12-month price-to-sales multiple is 6.37X, higher than the peer group average of 3.95X, with Southern Copper Corporation and Lundin Mining Corporation having multiples of 9.1X and 4.31X, respectively [3] - Both Coeur Mining and Southern Copper have a Value Score of D, while Lundin Mining holds a score of C, indicating varying levels of perceived value among investors [3] Market Performance - Year to date, Coeur Mining has gained 205.5%, outperforming the Zacks Mining-Non Ferrous industry's increase of 37.6% and the S&P 500's rise of 19.4% [4][6] - The stock has shown volatility, trading between $16.62 and $18.10 during the day, with a yearly high of $23.62 and a low of $4.58 [5]

Core Insights - Coeur Mining, Inc. (CDE) is trading at a forward 12-month price-to-sales multiple of 6.37X, which is higher than the peer group average of 3.95X [1] - The company has experienced a year-to-date stock price increase of 205.5%, significantly outperforming the Zacks Mining-Non Ferrous industry's increase of 37.6% and the S&P 500's rise of 19.4% [3] Financial Performance - Coeur Mining reported Q3 revenue of approximately $555 million, marking a 77% year-over-year increase driven by higher metal prices and increased sales volumes [5][8] - The revenue contributions from Coeur's five North American mines were well-balanced, with Palmarejo contributing 23%, Kensington 22%, Rochester 20%, Wharf 18%, and Las Chispas 17% [9][10] - The company ended Q3 with $266.3 million in cash and equivalents, more than double the previous quarter's balance, and generated $237.7 million in cash flow from operating activities [11][12] Growth Initiatives - Coeur Mining is focusing on major growth projects, including the Rochester silver-gold mine expansion and the acquisition of the Las Chispas asset, which is expected to enhance production and cash flow [15][16] - The company is executing a significant exploration program with a budget of $67-$77 million aimed at extending mine lives and expanding reserves across multiple sites [17] - At the Silvertip project, Coeur has expanded its land position and is conducting drilling programs to assess resource potential [18] Earnings Outlook - The Zacks Consensus Estimate for CDE's 2025 earnings has been revised higher to 87 cents per share, indicating a year-over-year growth of 383.3% [20]

Core Insights - Coeur Mining, Inc. (CDE) has experienced a significant year-to-date gain of 152.7%, outperforming the Zacks Mining-Non Ferrous industry's increase of 22.9% and the S&P 500's rise of 16% [1] - The company's strong performance is attributed to higher revenues, improved margins, and expectations of free cash flow exceeding $550 million for the full year [1] Price Performance - CDE's price performance is notably higher than its peers, with Southern Copper Corporation (SCCO) and Lundin Mining Corporation (LUNMF) showing share price increases of 39.4% and 110.4%, respectively [1][2] Technical Indicators - Technical indicators reveal that CDE is trading below both the 50-day and 200-day simple moving averages (SMA), with the 50-day SMA indicating a bullish trend as it is higher than the 200-day SMA [3] Production and Cost Control - In Q3 2025, Coeur reported combined production of 111,364 ounces of gold and 4.8 million ounces of silver, with adjusted costs at approximately $1,215 per ounce of gold and $14.95 per ounce of silver [4] - Key mines such as Las Chispas, Palmarejo, Kensington, and Wharf showed improvements, with Wharf's gold production increasing by 16% and Kensington's cost per ounce improving to $1,659 [5] Financial Performance - Coeur Mining ended Q3 2025 with $266.3 million in cash and equivalents, more than double the previous quarter's balance, and repaid over $228 million of debt, reducing total debt to $363.5 million [9] - The company generated $237.7 million in cash flow from operating activities during Q3 2025, up from $206.95 million in the previous quarter, supporting capital expenditures, debt repayment, and shareholder return initiatives [10] Capital Allocation and Share Repurchase - CDE initiated a $75 million share repurchase program, having repurchased nearly 10% of this authorization at an average price of $11.79 per share, reflecting management's confidence and disciplined capital allocation [11] Exploration and Growth Strategy - Coeur is advancing multiple growth fronts, with ongoing drilling at Las Chispas and Kensington, and significant resource potential identified at Wharf and Palmarejo [14][16] - The company is also expanding its land package at Silvertip and enhancing geological modeling ahead of a more intensive drill campaign [17] Earnings Estimates - The Zacks Consensus Estimate for 2025 earnings is currently pegged at 91 cents per share, indicating a year-over-year growth of 405.6% [19] Valuation Metrics - CDE is trading at a forward 12-month price-to-sales multiple of 5.53X, above the peer group average of 3.65X and its five-year median [20] Investment Consideration - Coeur's operational momentum, financial discipline, and multi-asset growth pipeline position it as a stronger and more future-ready company, making it an attractive investment consideration for those seeking resilience and long-term upside in the gold-silver sector [24][25]