Coeur Mining (CDE) AI Stock Analysis

• Market Cap: $8.45B
• Dividend Yield: N/A
• Average Volume (3M): 12.59M
• Price to Earnings (P/E): 33.7
• Beta (1Y): 1.72
• Revenue Growth: 68.88%
• EPS Growth: N/A
• Country: US
• Employees: 2,116
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.20
• Shares Outstanding: 642,715,700
• 10 Day Avg. Volume: 9,884,774
• 30 Day Avg. Volume: 12,585,569
• 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: 0.71
• Enterprise Value/Revenue: 4.10
• Enterprise Value/Gross Profit: 11.68
• Enterprise Value/Ebitda: 11.02
• 1Y Price Target: $12.42
• Price Target Upside: -9.08% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 79 Outperform
• Price Target: $13.50 ▼(-1.17% Downside)

Coeur Mining's strong financial performance and positive earnings call are the most significant factors driving the stock score. The company's robust production and cost management, along with strategic debt reduction, are key strengths. However, technical indicators suggest overbought conditions, and the high P/E ratio indicates a relatively expensive valuation, which are notable risks.

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. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in the Palmarejo gold and silver mine covering an area of approximately 67,296 net acres located in the State of Chihuahua in Northern Mexico; the Rochester silver and gold mine that covers an area of approximately 43,441net acres situated in northwestern Nevada; the Kensington gold mine comprising 3,972 net acres located to the north of Juneau, Alaska; the Wharf gold mine covering an area of approximately 3,243 net acres situated in the northern Black Hills of western South Dakota; and the Silvertip silver-zinc-lead mine comprising 97,298 net acres located in northern British Columbia, Canada. In addition, the company owns interests in the Crown and Sterling projects located in southern Nevada; and the La Preciosa project located in Mexico. Further, it markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc. in May 2013.Coeur Mining, Inc. was incorporated in 1928 and is headquartered in Chicago, Illinois.

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 exhibits strong financial health with impressive revenue and profit growth, effective leverage management, and robust cash flow generation. The company has shown significant improvement in profitability and cash flow metrics in the TTM period. However, historical volatility in financial performance and leverage ratios suggests potential risks that need to be monitored.

Income Statement

Coeur Mining's income statement shows strong performance with a significant revenue growth rate of 23.18% in TTM, driven by improved gross profit and net profit margins. The gross profit margin increased to 35.07%, and the net profit margin rose to 13.06%, indicating enhanced profitability. The EBIT and EBITDA margins also improved, reflecting efficient cost management. However, historical volatility in revenue growth and profitability margins suggests potential risks.

Balance Sheet

The balance sheet of Coeur Mining demonstrates a solid financial position with a low debt-to-equity ratio of 0.11 in TTM, indicating prudent leverage management. The return on equity improved to 8.83%, showcasing effective utilization of equity. The equity ratio remains strong, suggesting financial stability. However, historical fluctuations in debt levels and equity ratios highlight potential risks in maintaining this stability.

Cash Flow

The cash flow statement reveals robust growth in free cash flow, with a remarkable increase of 273.59% in TTM. The operating cash flow to net income ratio is healthy at 1.37, indicating strong cash generation relative to net income. The free cash flow to net income ratio improved significantly, reflecting enhanced cash flow management. However, past volatility in free cash flow growth and negative free cash flow in previous years pose potential risks.

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: 13.66
• 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 13.66 is above the 20-day moving average (MA) of 11.78, above the 50-day MA of 10.18, and above the 200-day MA of 7.47, indicating a bullish trend. The MACD of 0.86 indicates Negative momentum. The RSI at 81.92 is Negative, neither overbought nor oversold. The STOCH value of 94.62 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
CDE	79 Outperform	$8.45B	33.72	9.88%	―	68.88%	―
HMY	78 Outperform	$8.39B	10.43	32.05%	1.21%	29.08%	70.63%
RGLD	78 Outperform	$11.82B	26.29	14.32%	0.96%	30.15%	86.71%
DRD	72 Outperform	$1.55B	12.90	28.11%	1.39%	30.05%	73.23%
HL	70 Outperform	$5.70B	54.38	4.67%	0.28%	36.30%	―
Sector *	61 Neutral	$10.24B	6.18	0.71%	2.90%	3.45%	-36.02%
SBSW	56 Neutral	$5.36B	―	-8.31%	―	6.27%	93.14%

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.