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Coeur Mining Shareholders Approve New Gold Combination Plans

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Coeur Mining Shareholders Approve New Gold Combination Plans

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Coeur Mining ( (CDE) ) has provided an update.

On January 27, 2026, Coeur Mining held a special meeting of stockholders to vote on matters related to its previously announced strategic business combination with New Gold Inc. under a plan of arrangement governed by British Columbia corporate law. Shareholders representing about 70% of Coeur’s outstanding common stock were present, and they approved an amendment to increase the company’s authorized common shares from 900 million to 1.3 billion, as well as the issuance of Coeur shares to New Gold shareholders in connection with the transaction, with both proposals receiving over 96% of votes cast. The approvals clear key corporate and capital-structure hurdles for Coeur, enabling it to proceed with the New Gold combination, which is expected to expand Coeur’s scale and influence in the North American precious metals market and has implications for ownership dilution and strategic positioning for existing shareholders.

The most recent analyst rating on (CDE) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Coeur Mining stock, see the CDE Stock Forecast page.

Spark’s Take on CDE Stock

According to Spark, TipRanks’ AI Analyst, CDE is a Neutral.

The score is driven primarily by solid financial performance (growth, profitability, and low leverage) and strong technical uptrend signals. These positives are moderated by a relatively high P/E valuation and event-related uncertainty around the New Gold acquisition, while earnings-call guidance supports the outlook despite operational and tax headwinds.

To see Spark’s full report on CDE stock, click here.

More about Coeur Mining

Coeur Mining, Inc. is a U.S.-based precious metals company focused on the exploration, development, and production of gold and silver. The company operates in the mining industry with a portfolio of North American assets and seeks growth through strategic transactions and portfolio optimization within the precious metals sector.

Average Trading Volume: 20,484,866

Technical Sentiment Signal: Buy

Current Market Cap: $16.34B

Learn more about CDE stock on TipRanks’ Stock Analysis page.

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