Coeur Mining (CDE) AI Stock Analysis

• Market Cap: $5.99B
• Dividend Yield: N/A
• Average Volume (3M): 16.93M
• Price to Earnings (P/E): 32.9
• Beta (1Y): 1.73
• Revenue Growth: 41.79%
• EPS Growth: N/A
• Country: US
• Employees: 2,116
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Gold
• EPS (TTM): 0.11
• Shares Outstanding: 639,697,400
• 10 Day Avg. Volume: 15,808,988
• 30 Day Avg. Volume: 16,930,560
• PEG Ratio: -0.25
• Price to Book (P/B): 2.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -251.59
• Enterprise Value/Market Cap: 0.47
• Enterprise Value/Revenue: 0.68
• Enterprise Value/Gross Profit: 7.72
• Enterprise Value/Ebitda: 2.63
• 1Y Price Target: $9.33
• Price Target Upside: 1.08% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 69 Neutral
• Price Target: $10.00 ▲(8.34%Upside)

Coeur Mining's solid financial performance and strategic initiatives are driving positive momentum. While the stock's valuation appears high, recent corporate actions and an optimistic earnings outlook provide support. Technical indicators suggest caution due to potential overbought conditions.

Positive Factors

Balance Sheet Strength

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

Financial Performance

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

Strategic 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.

Negative Factors

Earnings Miss

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

Production Challenges

Q4 production of 87.1koz gold and 3.2Moz silver was modestly below forecasts.

Revenue Shortfall

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. (CDE) is a well-established, U.S.-based precious metals mining company with a strong focus on the production of gold and silver. The company operates mines and exploration projects in key mining regions, including North America and South America. Coeur Mining prides itself on leveraging advanced mining techniques and sustainable practices to extract and process high-quality mineral resources, thereby contributing to the global supply of these commodities.

How the Company Makes Money

Coeur Mining generates revenue primarily through the sale of gold and silver produced from its mining operations. The company operates several mines, such as the Palmarejo mine in Mexico, the Rochester mine in Nevada, and the Kensington mine in Alaska. These operations involve extracting ore, processing it to separate the valuable metals, and selling the refined products on the open market. Coeur's revenue is influenced by global commodity prices, which fluctuate based on market demand, geopolitical factors, and economic conditions. Additionally, Coeur Mining may engage in strategic partnerships and hedging activities to manage risk and enhance financial performance. The company's focus on operational efficiency and cost management also plays a crucial role in its profitability.

Coeur Mining Financial Statement Overview

Summary

Coeur Mining has demonstrated robust revenue growth and profitability improvements. The company's financial stability is supported by strong leverage management, and cash flows have shown significant positive trends.

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
1.18B	1.05B	821.21M	785.64M	832.83M	785.46M
	Gross Profit
362.72M	322.84M	88.49M	67.48M	192.97M	213.74M
	EBIT
249.04M	164.18M	-36.11M	27.08M	29.80M	75.78M
	EBITDA
390.88M	300.24M	76.87M	85.21M	160.39M	226.52M
	Net Income Common Stockholders
121.37M	58.90M	-103.61M	-78.11M	-31.32M	25.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
55.65M	55.09M	61.63M	93.50M	56.66M	92.79M
	Total Assets
1.38B	2.30B	2.08B	1.85B	1.73B	1.40B
	Total Debt
308.60M	601.66M	555.28M	515.93M	487.50M	275.50M
	Net Debt
252.96M	546.57M	493.65M	454.47M	430.84M	182.71M
	Total Liabilities
711.63M	1.18B	1.06B	957.13M	934.16M	710.50M
	Stockholders Equity
667.00M	1.12B	1.02B	889.02M	800.26M	693.48M
Cash Flow		Free Cash Flow
66.63M	-8.95M	-297.33M	-326.74M	-199.30M	49.43M
	Operating Cash Flow
257.74M	174.23M	67.29M	25.62M	110.48M	148.71M
	Investing Cash Flow
-98.08M	-193.51M	-303.70M	-146.16M	-304.08M	-65.67M
	Financing Cash Flow
-148.08M	13.89M	236.05M	125.03M	158.14M	-46.53M

Coeur Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

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 9.23 is above the 20-day moving average (MA) of 8.25, above the 50-day MA of 6.80, and above the 200-day MA of 6.46, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 73.12 is Negative, neither overbought nor oversold. The STOCH value of 79.57 is Neutral, 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	$11.58B	29.06	13.03%	0.96%	18.77%	38.55%
HMY	77 Outperform	$9.28B	15.61	25.19%	0.93%	20.35%	20.44%
HL	72 Outperform	$3.88B	55.18	3.49%	0.56%	41.04%	―
DRD	71 Outperform	$1.19B	12.79	24.89%	1.47%	22.63%	28.96%
CDE	69 Neutral	$5.99B	32.87	6.44%	―	41.79%	―
SBSW	57 Neutral	$4.76B	―	-15.89%	―	-0.71%	80.26%
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%

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.