Coeur Mining(US:CDE)2021-07-29 12:14Financial Highlights - Revenue increased by 39% year-over-year, reaching $214.9 million in 2Q 2021 compared to $154.2 million in 2Q 2020[14] - Adjusted EBITDA increased by 25% year-over-year, reaching $52.7 million in 2Q 2021 compared to $42.2 million in 2Q 2020[14] - LTM Adjusted EBITDA increased by 41% year-over-year, reaching $293.4 million compared to $208.5 million[14] - Cash and cash equivalents increased by 75% year-over-year, from $70.9 million in 2Q 2020 to $124.1 million in 2Q 2021[12, 38] Production Performance - Gold production totaled 87,275 ounces in 2Q 2021[16] - Silver production totaled 2,588 K oz in 2Q 2021[16] - Wharf mine gold production increased by 27% quarter-over-quarter[9] - Rochester mine silver production increased by 15% quarter-over-quarter[9] Capital Allocation and Exploration - Exploration investment increased by 43% year-over-year, reaching $18.6 million in 2Q 2021 compared to $13.0 million in 2Q 2020[14] - The company drilled roughly 320,400 feet (97,675 meters) during 2Q 2021[20] - Full-year 2021 exploration guidance increased to $70 - $80 million[20]