Coeur Mining (CDE) AI Stock Analysis

• Market Cap: $7.46B
• Dividend Yield: N/A
• Average Volume (3M): 11.09M
• Price to Earnings (P/E): 29.8
• Beta (1Y): 1.74
• Revenue Growth: 68.88%
• EPS Growth: N/A
• Country: US
• Employees: 2,116
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): 0.20
• Shares Outstanding: 642,715,700
• 10 Day Avg. Volume: 14,472,663
• 30 Day Avg. Volume: 11,091,402
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 4.10
• Enterprise Value/Gross Profit: 11.68
• Enterprise Value/Ebitda: 11.02
• 1Y Price Target: $12.14
• Price Target Upside: 2.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 72 Outperform
• Price Target: $12.50 ▲(5.66% Upside)

Coeur Mining's overall stock score reflects strong financial performance and positive earnings call highlights, which are the most significant factors. The technical analysis indicates bullish momentum but also suggests caution due to overbought conditions. Valuation is a concern due to a high P/E ratio and lack of dividend yield. Corporate events further support the positive outlook with shareholder-friendly actions.

Positive Factors

Acquisition

The acquisition of SilverCrest Metals adds consistent, low-cost silver-equivalent production of approximately 10 million ounces per year from the Las Chispas mine to Coeur's production portfolio.

Earnings

Coeur reported a strong Q1, with EPS of $0.12 coming in well above BMO/consensus estimates.

Financial Performance

Coeur's balance sheet is rapidly improving — leverage is now 0.9x versus 1.6x last quarter and 3.2x a year ago.

Negative Factors

Production

Q4 EPS of $0.11 was below BMO/consensus estimates of $0.15/$0.14, and production of 87.1koz gold and 3.2Moz silver was modestly below our forecasts.

Revenue

Revenue of $305M was below the estimate, partly offset by cost of sales, which was lower than expected.

Coeur Mining Business Overview & Revenue Model

Company Description

Coeur Mining, Inc. is a U.S.-based precious metals mining company focused on the production of gold and silver. The company operates several mines across North America, including in Alaska, Nevada, and Mexico, and is involved in the exploration and development of mining properties. Coeur Mining is committed to sustainable practices and environmental stewardship while delivering value to its shareholders through its operations and growth initiatives.

How the Company Makes Money

Coeur Mining generates revenue primarily through the extraction and sale of gold and silver. The company's revenue model is based on the production of these precious metals from its mining operations, which are sold in the global market at prevailing market prices. Key revenue streams include the sale of mined metals, as well as by-products such as lead and zinc from certain operations. Coeur also engages in hedging strategies to stabilize cash flows against price fluctuations in the metals market. Significant partnerships with other mining companies and suppliers enhance operational efficiency and contribute to profitability. Additionally, the company's focus on expanding its resource base through exploration and acquisition further strengthens its revenue potential.

Coeur Mining Financial Statement Overview

Summary

Coeur Mining demonstrates a robust recovery in financial performance with significant revenue growth and profitability enhancements. The company shows strong leverage management and maintains a stable financial position. Cash flow has also improved with effective capital expenditure management, supporting business operations. While historical volatility exists, the current trajectory is positive, positioning Coeur Mining well within the gold industry.

Income Statement

Coeur Mining has shown strong revenue growth from the previous year, with a TTM revenue of $1.18 billion compared to $1.05 billion in the prior year, indicating a 12.4% growth rate. The gross profit margin improved to 30.6% TTM from 30.6% in the previous period, demonstrating stable profitability. The net profit margin increased significantly to 10.2% TTM, suggesting enhanced cost management and operational efficiency. However, EBIT and EBITDA margins also improved to 21.0% and 33.0% respectively, indicating better profitability. These strengths are slightly offset by historical volatility in net income.

Balance Sheet

Coeur Mining has a solid equity base with an equity ratio of 67.6% TTM, reflecting a stable financial foundation. The debt-to-equity ratio decreased to 0.19, indicating strong leverage management. Return on Equity improved to 4.4%, suggesting better utilization of equity for profit generation. The company appears financially stable, yet it operates in a capital-intensive industry which requires careful debt management.

Cash Flow

The company significantly improved its free cash flow to $66 million TTM from a negative position in the previous period, highlighting effective capital expenditure management. Operating cash flow to net income ratio is a healthy 2.12, indicating strong cash generation capabilities. The free cash flow to net income ratio of 0.55 shows room for further cash generation improvements. Overall, cash flow trends are positive, supporting financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.46B	1.05B	821.21M	785.64M	832.83M	785.46M
Gross Profit	511.96M	322.84M	88.49M	67.48M	192.97M	213.74M
EBITDA	542.86M	320.81M	76.87M	85.21M	160.39M	226.52M
Net Income	190.67M	58.90M	-103.61M	-78.11M	-31.32M	25.63M
Balance Sheet
Total Assets	4.15B	2.30B	2.08B	1.85B	1.73B	1.40B
Cash, Cash Equivalents and Short-Term Investments	111.65M	55.09M	61.63M	93.50M	56.66M	92.79M
Total Debt	394.27M	601.66M	555.28M	515.93M	487.50M	275.50M
Total Liabilities	467.73M	1.18B	1.06B	957.13M	934.16M	710.50M
Stockholders Equity	3.68B	1.12B	1.02B	889.02M	800.26M	693.48M
Cash Flow
Free Cash Flow	248.93M	-8.95M	-297.33M	-326.74M	-199.30M	49.43M
Operating Cash Flow	449.44M	174.23M	67.29M	25.62M	110.48M	148.71M
Investing Cash Flow	-107.10M	-193.51M	-303.70M	-146.16M	-304.08M	-65.67M
Financing Cash Flow	-304.17M	13.89M	236.05M	125.03M	158.14M	-46.53M

Coeur Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.83
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CDE, the sentiment is Positive. The current price of 11.83 is above the 20-day moving average (MA) of 9.85, above the 50-day MA of 9.40, and above the 200-day MA of 7.10, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 77.74 is Negative, neither overbought nor oversold. The STOCH value of 97.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CDE.

Coeur Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HMY	78 Outperform	$9.73B	16.59	25.19%	1.12%	20.35%	20.44%
RGLD	78 Outperform	$11.35B	25.23	14.32%	1.02%	30.15%	86.71%
CDE	72 Outperform	$7.46B	29.77	9.88%	―	68.88%	―
DRD	72 Outperform	$1.29B	14.09	24.89%	1.80%	22.63%	28.96%
HL	68 Neutral	$5.14B	49.01	4.67%	0.45%	36.30%	―
SBSW	54 Neutral	$6.13B	―	-15.89%	―	-0.71%	80.26%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%

Coeur Mining Corporate Events

Coeur Mining Announces $75 Million Share Buyback

On May 27, 2025, Coeur Mining announced a $75 million share repurchase program, effective through May 31, 2026, to enhance shareholder value. This decision is supported by strong free cash flow from higher gold and silver prices, the acquisition of the Las Chispas mine, and expanded operations at the Rochester mine, positioning the company to reduce debt and invest in growth opportunities.

The most recent analyst rating on (CDE) stock is a Buy with a $7.25 price target. To see the full list of analyst forecasts on Coeur Mining stock, see the CDE Stock Forecast page.

Coeur Mining Stockholders Approve Incentive Plan Amendment

On May 13, 2025, Coeur Mining held its Annual Stockholders’ Meeting where stockholders approved an amendment to the 2018 Long-Term Incentive Plan, extending its term and increasing available shares for issuance. Additionally, stockholders elected nine directors, ratified the appointment of Grant Thornton LLP as the independent accounting firm, and approved an advisory resolution on executive compensation. The amendment is expected to enhance the company’s ability to attract and retain key personnel, potentially impacting its operational efficiency and market competitiveness.

The most recent analyst rating on (CDE) stock is a Buy with a $7.25 price target. To see the full list of analyst forecasts on Coeur Mining stock, see the CDE Stock Forecast page.