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Top Executive Makes Bold Move with Major Stock Purchase

Top Executive Makes Bold Move with Major Stock Purchase

New insider activity at Coeur Mining ( (CDE) ) has taken place on March 1, 2025.

Thomas S. Whelan, the Senior Vice President and Chief Financial Officer of Coeur Mining, has made a significant investment by purchasing 10,000 shares of the company’s stock, valued at $52,500.

Recent Updates on CDE stock

In the past 24 hours, Coeur Mining has seen significant developments that have influenced its stock outlook. Raymond James upgraded Coeur Mining to Outperform, citing the company’s strong Q4 results and the completion of its acquisition of SilverCrest Metals, which enhances its portfolio with lower jurisdictional risk and growth potential. The company’s aggressive exploration budget and improved reserve life were also noted as positive factors. Despite a slight decrease in the price target, the overall outlook remains optimistic due to Coeur’s diversified portfolio and strategic growth initiatives. The company’s recent earnings call highlighted record free cash flow, debt reduction, and a doubling of adjusted EBITDA, despite challenges such as production issues at Rochester and increased costs at Kensington. Looking ahead, Coeur Mining anticipates record-breaking production levels in 2025, driven by the integration of the Las Chispas operation and expanded Rochester facility, along with a comprehensive exploration and development agenda.

More about Coeur Mining

YTD Price Performance: -19.03%

Average Trading Volume: 14,794,394

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.21B

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