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 Viewpoint - Energy Fuels (UUUU) has significantly outperformed the non-ferrous mining industry, gaining 36% in the past three months while the industry fell by 29.6% [1] Performance Comparison - Energy Fuels has outperformed the Zacks Basic Materials sector, which gained 9.8%, and the S&P 500, which rose by 15.9% during the same period [1] - In comparison to peers, Centrus Energy (LEU) gained 178.8% and Cameco (CCJ) gained 75.2%, while Uranium Energy (UEC) lagged with a 26.5% gain [4][6] Production and Sales Outlook - The Pinyon Plain mine produced 638,700 pounds of uranium in Q2, with ore grades averaging 3.51% in June and 2.23% for the quarter, indicating it may be the highest-grade uranium deposit in U.S. history [10][11] - Energy Fuels sold 50,000 pounds of uranium at an average price of $77.00 per pound in Q2, with expectations to sell 140,000 pounds in Q3 and 160,000 pounds in Q4 under long-term contracts [12][13] Project Development - The company is fast-tracking the permitting process for the Roca Honda project in New Mexico and has resumed efforts on the EZ Complex in Arizona, with the Bullfrog Project in Utah indicating significant uranium resources [14] Financial Position - As of March 31, 2025, Energy Fuels had $214.61 million in working capital, including $73 million in cash and cash equivalents, and is noted for having a debt-free balance sheet [15][16] Earnings Estimates - The Zacks Consensus Estimate projects a loss of 28 cents per share for 2025, with a potential earnings of six cents per share in 2026 [17][18] Market Conditions - Uranium prices have faced volatility, currently at $74.5 per pound, down 14.6% year-over-year, influenced by oversupply and uncertain demand [21] - Prices had previously peaked at $79 due to market dynamics, including government initiatives to increase domestic nuclear energy capacity [22] Valuation Concerns - Energy Fuels is trading at a forward price/sales ratio of 12.11X, significantly above the industry average of 2.97X, indicating a stretched valuation [23][24] Long-Term Growth Potential - The increasing demand for uranium and rare earth elements (REEs) in clean energy technologies presents a growth opportunity for Energy Fuels, which is ramping up uranium production while developing REE capabilities [25]

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1] - Coeur Mining (CDE) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for outperformance [2][3] Price Performance - CDE shares have increased by 3.46% over the past week, while the Zacks Mining - Non Ferrous industry has decreased by 0.85% during the same period [5] - Over the last month, CDE's price change is 56.37%, significantly outperforming the industry's 13.19% [5] - In the last quarter, CDE shares rose by 56.92%, and over the past year, they gained 62.32%, compared to the S&P 500's increases of 3.59% and 14.21%, respectively [6] Trading Volume - CDE's average 20-day trading volume is 17,255,966 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, three earnings estimates for CDE have been revised upwards, increasing the consensus estimate from $0.48 to $0.66 [9] - For the next fiscal year, one estimate has moved up while one has been revised down [9] Conclusion - Given the positive price momentum and favorable earnings outlook, CDE is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [11]