Coeur Mining (CDE) AI Stock Analysis

• Market Cap: $4.77B
• Dividend Yield: N/A
• Average Volume (3M): 18.68M
• Price to Earnings (P/E): 26.3
• Beta (1Y): 1.73
• Revenue Growth: 41.79%
• EPS Growth: N/A
• Country: US
• Employees: 2,116
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): 0.11
• Shares Outstanding: 639,697,400
• 10 Day Avg. Volume: 21,313,302
• 30 Day Avg. Volume: 18,681,544
• PEG Ratio: 0.06
• Price to Book (P/B): 2.79
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -559.41
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 1.48
• Enterprise Value/Gross Profit: 19.17
• Enterprise Value/Ebitda: 7.41
• 1Y Price Target: $9.10
• Price Target Upside: 22.15% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

Coeur Mining shows a strong financial recovery with robust revenue growth and improved cash flows. The company is well-positioned for future growth, with strategic initiatives such as debt reduction and production expansion. Technical indicators suggest strong momentum, though caution is advised due to potential overbought conditions. The high P/E ratio suggests that the stock might be overvalued, yet the positive earnings call and corporate events bolster confidence in its future prospects.

Positive Factors

De-leveraging

Leverage declined to 1.6x, and significant de-leveraging is expected driven by the Rochester expansion and the recent acquisition.

Production Expansion

The Rochester expansion achieved nameplate production, and shares are expected to trade at improved multiples as cash flows increase and leverage decreases.

Negative Factors

Earnings Performance

Q4 EPS of $0.11 was below consensus estimates, and production of gold and silver was modestly below forecasts.

Revenue Performance

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 through the extraction, production, and sale of gold and silver from its mining operations. The company's primary revenue streams include the sale of these precious metals, which are priced based on current market conditions. Coeur Mining also engages in exploration activities to discover new mineral reserves, which can lead to increased production capacity and future revenue growth. Additionally, the company may enter into joint ventures or strategic partnerships to enhance operational efficiency and share in the development costs of new mining projects. By focusing on optimizing production processes and managing costs, Coeur Mining aims to maximize profitability and shareholder value.

Coeur Mining Financial Statement Overview

Summary

Coeur Mining's financial performance has improved significantly, marked by revenue growth, profitability, and a strong balance sheet with no debt. However, cash flow challenges persist due to high capital expenditures, which could impact future flexibility. While the overall trajectory is positive, maintaining this momentum will require continued operational efficiency and strategic capital management.

Income Statement

Coeur Mining showed significant improvement in its income statement metrics. The gross profit margin increased with a substantial rise in total revenue, indicating better operational efficiency. The net profit margin turned positive, reflecting a turnaround from losses in previous years. Revenue growth rate was robust year-over-year, driven by increased commodity prices and operational efficiency. However, historical volatility in EBIT and EBITDA margins suggests potential risks.

Balance Sheet

The balance sheet exhibits a strong equity position with no total debt, improving the debt-to-equity ratio significantly. Stockholders' equity has increased, enhancing the equity ratio and indicating a healthy financial structure. Return on equity has turned positive, reflecting profitability improvements. The transition from leveraging debt to maintaining high equity levels reduces financial risk.

Cash Flow

Cash flow from operations improved, yet free cash flow remained negative due to high capital expenditures. The operating cash flow to net income ratio is solid, showcasing efficient cash conversion. However, the free cash flow to net income ratio indicates challenges in generating positive free cash flow despite net income improvements, suggesting a need for better capital expenditure management.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.05B	821.21M	785.64M	832.83M	785.46M
	Gross Profit
322.84M	88.49M	67.48M	192.97M	213.74M
	EBIT
164.18M	-36.11M	27.08M	29.80M	75.78M
	EBITDA
300.24M	76.87M	85.21M	160.39M	226.52M
	Net Income Common Stockholders
58.90M	-103.61M	-78.11M	-31.32M	25.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
55.09M	61.63M	93.50M	56.66M	92.79M
	Total Assets
2.30B	2.08B	1.85B	1.73B	1.40B
	Total Debt
601.66M	555.28M	515.93M	487.50M	275.50M
	Net Debt
546.57M	493.65M	454.47M	430.84M	182.71M
	Total Liabilities
1.18B	1.06B	957.13M	934.16M	710.50M
	Stockholders Equity
1.12B	1.02B	889.02M	800.26M	693.48M
Cash Flow		Free Cash Flow
-8.95M	-297.33M	-326.74M	-199.30M	49.43M
	Operating Cash Flow
174.23M	67.29M	25.62M	110.48M	148.71M
	Investing Cash Flow
-193.51M	-303.70M	-146.16M	-304.08M	-65.67M
	Financing Cash Flow
13.89M	236.05M	125.03M	158.14M	-46.53M

Coeur Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 7.45 is above the 20-day moving average (MA) of 6.37, above the 50-day MA of 6.08, and above the 200-day MA of 6.26, indicating a bullish trend. The MACD of 0.47 indicates Negative momentum. The RSI at 66.91 is Neutral, neither overbought nor oversold. The STOCH value of 82.96 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
RGLD	78 Outperform	$11.26B	28.26	13.03%	0.99%	18.77%	38.55%
HMY	76 Outperform	$8.97B	15.47	25.19%	0.96%	20.35%	20.44%
CDE	75 Outperform	$4.77B	26.31	6.44%	―	41.79%	―
DRD	72 Outperform	$1.20B	13.02	24.89%	1.48%	22.63%	28.96%
HL	59 Neutral	$3.08B	43.83	3.49%	0.77%	41.04%	―
Sector *	50 Neutral	$1.98B	-1.08	-21.29%	3.61%	1.96%	-30.59%
SBSW	47 Neutral	$3.35B	―	-15.89%	―	-0.71%	80.26%

Coeur Mining Corporate Events

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.

Spark’s Take on CDE Stock

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

Coeur Mining’s overall stock score reflects a strong financial recovery and positive future prospects, driven by robust revenue growth, profitability, and successful strategic acquisitions. The company shows sound leverage management and improved cash flows, although historical volatility and high P/E ratio suggest some caution. Technical indicators show strong momentum, but overbought conditions may point to a potential pullback. The earnings call highlights solid performance and optimistic guidance, further boosting investor confidence.

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