Latest news with #LasChispas
Yahoo
2 days ago
- Business
- Yahoo
Coeur Mining (CDE) Soares to New High on Earnings Goldmine
We recently published . Coeur Mining Inc. (NYSE:CDE) is one of the best-performing stocks on Thursday. Shares of Coeur Mining rallied to a new record high on Thursday, extending a winning streak for a fourth consecutive day, after crushing the second quarter of the year with an impressive earnings performance. During the session, Coeur Mining Inc. (NYSE:CDE) touched its highest 52-week price of $11.31 before slight selling shed gains to end the day just up by 14.05 percent at $11.28. In an updated report, Coeur Mining Inc. (NYSE:CDE) saw its net income expand by 4,950 percent to $70.7 million from only $1.4 million in the same period last year. Consolidated revenues more than doubled to $480.7 million from $222 million in the same period last year, thanks to the 110 percent jump in gold sales and 132 percent from silver sales. 'Coeur's record second quarter reflects strong contributions from all five of our North American gold and silver operations, including the first full quarter from the recently acquired Las Chispas mine,' said Coeur Mining Inc. (NYSE:CDE) Chairman, President and CEO Mitchell J. Krebs. 'Looking ahead to the second half of the year, we expect even higher gold and silver production levels consistent with our reaffirmed 2025 production and cost guidance. We remain uniquely positioned to leverage higher gold and silver prices, which are expected to lead to over $800 million of full-year 2025 adjusted EBITDA and over $400 million of full-year 2025 free cash flow,' he added. While we acknowledge the potential of CDE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-07-2025
- Business
- Yahoo
Roth Capital Raises PT on Coeur Mining, Inc. (CDE) from $10 to $12; Maintains ‘Buy' Rating
Due to strong hedge fund interest, Coeur Mining, Inc. (NYSE:CDE) is among the . A closeup view of a large gold mine, illustrating the company's gold properties. On July 1, 2025, Roth Capital increased its price target on Coeur Mining, Inc. (NYSE:CDE) from $10 to $12, maintaining a 'Buy' rating, amid favorable gold and silver prices. The analyst forecasts that the gold price is expected to increase from the previous forecast of $3,100 to $3,294 per ounce for Q2. Meanwhile, for Q3, it is projected to increase from $2,350 to $3,300, and for Q4, Roth Capital expects it to grow from $2,300 to $3,150. On the other hand, the analyst projects price of silver to grow from $31 to $33.22 in Q2 2025. For Q3 and Q4, respectively, the price is expected to increase from $27.65 to $35.50, and from $27.06 to $35.00 per ounce. These price revisions come amid the strong growth momentum of gold equities, which have increased 46% on a YTD basis, while the broader market has returned a 14.54% gain. Meanwhile, Coeur Mining, Inc. (NYSE:CDE) has seen its share price gain 65.12% and 46.43% on a YTD and 1-year basis. Operating sites in Palmarejo, Rochester, Kensington, Wharf, Silvertip, and Las Chispas, Coeur Mining, Inc. (NYSE:CDE) produces gold and silver while also exploring for silver, zinc, lead, and other related metals. It is included in our list of the Best Material Stocks. While we acknowledge the potential of CDE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None.
Yahoo
04-07-2025
- Business
- Yahoo
Coeur Mining (CDE) Announces $75 Million Share Buyback Program
Coeur Mining, Inc. (NYSE:CDE) is one of the 10 Best Gold Stocks To Buy Right Now. On May 27, Coeur Mining, Inc. (NYSE:CDE) reported that its Board of Directors has authorized a share repurchase program of $75 million. The program will be effective through May 31, 2026. Mitchell J. Krebs, the company's Chairman, President, and CEO, said that this program aims to increase the value of each share for the shareholders. Aerial view of a gold mine, reflecting the company's precious metals mining operations. Krebs explained that this program shows confidence in Coeur Mining, Inc.'s (NYSE:CDE) strong free cash flow profile. This strength is coming from higher gold and silver prices, the impact of the new Las Chispas mine the company recently acquired, progress at the recently expanded Rochester mine, and consistent performance from the company's other three mines. Following years of heavy investment, Coeur Mining, Inc. (NYSE:CDE) has positioned itself strongly to pay down debt, keep investing in high-return growth opportunities, and return capital to shareholders. Coeur Mining, Inc. (NYSE:CDE) is a precious metals mining company with operations in North America. It has a strong focus on the production of gold and silver. While we acknowledge the potential of CDE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None.
National Post
27-05-2025
- Business
- National Post
Coeur Announces Stock Repurchase Program
Article content CHICAGO — Coeur Mining, Inc. ('Coeur' or the 'Company') (NYSE: CDE) today announced that its Board of Directors has authorized a $75 million share repurchase program ('the Program'), effective through May 31, 2026. Article content Article content 'We are pleased to announce this share repurchase program intended to enhance per share value for our shareholders,' said Mitchell J. Krebs, Chairman, President and Chief Executive Officer. 'This decision reflects confidence in our strong free cash flow profile resulting from higher gold and silver prices, the impact of the newly-acquired Las Chispas mine, continued momentum at the recently expanded Rochester mine, and consistent performance from our other three operations. After several years of heavy investment, the Company is now well-positioned to continue rapidly paying down debt, maintain the pace of reinvestment in high-return organic growth opportunities, while beginning to return capital to our shareholders.' Article content Repurchases under the Program may be carried out from time to time through opportunistic open-market purchases or by other means in amounts and at prices that Coeur deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. Article content About Coeur Article content Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with five wholly-owned operations: the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver complex in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia. Article content This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements about the Company's potential share repurchases, per share value, free cash flow, debt reduction, performance of the Company's operating mines including the recently expanded Rochester mine, future investments in high-return organic growth, future financial stability and business outlook. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically-related conditions), changes in the market prices of gold and silver and a sustained lower price or higher treatment and refining charge environment, the risks of lower than expected production and higher than expected costs, uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, changes in mining laws, ground conditions and, grade and recovery variability, any future labor disputes or work stoppages (involving the Company and its subsidiaries or third parties), the risks associated with the integration of Las Chispas, the loss of access or insolvency of any third-party refiner or smelter to which Coeur markets its production, materials and equipment availability, inflationary pressures, the effects of environmental and other governmental regulations and government shut-downs, the risks inherent in the ownership or operation of, or investment in, mining properties or businesses in foreign countries, implementation of tariffs or trade barriers, as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's most recent reports on Form 10-K and Form 10-Q. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities. Article content Article content Article content Article content Contacts Article content Article content Article content
National Post
08-05-2025
- Business
- National Post
Coeur Publishes 2024 Responsibility Report
Article content Coeur Mining, Inc. ('Coeur' or the 'Company') (NYSE: CDE) today published its 2024 Responsibility Report (the 'Report'), highlighting the Company's commitment to advancing environmental stewardship, community engagement, ethical governance and responsible mining operations. The Report outlines Coeur's public sustainability targets and management practices that aim to drive long-term value creation for stakeholders. Article content Article content Report highlights include: Article content Water Management – In 2024, Coeur conducted water vulnerability assessments to evaluate evolving water-related risks and determine both existing controls and additional measures required. Additionally, the newly acquired Las Chispas mine has implemented water initiatives to support the surrounding community, including a $1.5 million investment in sustainable water infrastructure and collaborative development of a five-year water stewardship plan. These combined efforts are expected to help create a resilient water management system and deliver significant community benefits Health and Safety – Coeur maintained its industry leadership in employee safety by focusing on leading indicators to reduce repeated exposure and long-term risk, achieving the lowest employee total reportable injury frequency rate among its peers at its U.S. mines for the third year in a row 1 Tailings Management – As part of Coeur's commitment to implementing the Global Industry Standard on Tailings Management, the Company completed 20% of the outstanding tasks required for implementation across all sites in 2024 Biodiversity Management Standard – The Company furthered the implementation of its Biodiversity Management Standard with the completion of a nature-related risk assessment at its Kensington mine. In 2025, Coeur plans to expand implementation to its recently acquired Las Chispas operation and conduct assessments at additional operating sites Climate Resilience – The Company exceeded its goal of reducing greenhouse gas (GHG) net intensity emissions by 35% compared to its base year 2, accomplishing a 38% reduction Strong Governance – The Company refreshed its corporate responsibility materiality 3 assessment to maintain alignment with evolving stakeholder priorities and reinforce robust governance Article content 'At Coeur, we understand that sustainability and long-term value creation are fundamentally interconnected,' said Mitchell J. Krebs, Chairman, President and Chief Executive Officer. 'The progress we made over the last year, including the successful expansion of our Rochester operation, the acquisition of the high-grade Las Chispas mine and delivering accelerating free cash flow and debt reduction, reflects our commitment to sustainable growth, operational excellence and financial strength. We are strengthening our business through continuous advancements of our health, safety and environmental management systems, reducing our greenhouse gas emissions intensity and investing significantly in exploration. Our approach helps us build a more resilient company that delivers strong operational and financial performance, while also enabling us to play a meaningful role in providing the metals essential for a cleaner, more connected world that delivers lasting value for all of our stakeholders.' Article content Coeur Mining, Inc. is a U.S.-based, well-diversified, growing precious metals producer with five wholly-owned operations: the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver complex in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the Company wholly-owns the Silvertip polymetallic critical minerals exploration project in British Columbia. Article content 1. Total Reportable Injury Frequency Rate is based on U.S. Department of Labor Mine Safety and Health Administration (MSHA) preliminary average through the end of the third quarter of 2024. Article content 2. Base Year GHG Intensity is 14.21 kg CO2e/ton processed. This value is calculated using an average of 2018 and 2019 emissions and production values. Article content 3. This reference to 'materiality' should not be construed as a characterization of the financial materiality or impact of that information with respect to the Company. The reference to materiality, and in the inclusion of associated information in this release, is not an indication that such information is material to investors or to Coeur's business, operating results, strategy, or financial condition or for the purposes of applicable securities and other laws or regulations. Article content Cautionary Statements Article content This news release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding the Company's corporate responsibility goals, efforts, achievements and strategies. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Coeur's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the risk that anticipated corporate responsibility goals are not attained, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather or geologically-related conditions), changes in the market prices of gold, silver, zinc and lead and a sustained lower price or higher treatment and refining charge environment, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, changes in mining laws, ground conditions and, grade and recovery variability, any future labor disputes or work stoppages (involving the Company and its subsidiaries or third parties), the uncertainties inherent in the estimation of mineral reserves, changes that could result from Coeur's future acquisition of new mining properties or businesses, the loss of access or insolvency of any third-party refiner or smelter to which Coeur markets its production, the potential effects of future pandemics, including impacts to the availability of our workforce, continued access to financing sources, government orders that may require temporary suspension of operations at one or more of our sites and effects on our suppliers or the refiners and smelters to whom the Company markets its production and on the communities where we operate, the effects of environmental and other governmental regulations and government shut-downs, the risks inherent in the ownership or operation of or investment in mining properties or businesses in foreign countries, implementation of tariffs and other trade barriers, Coeur's ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur's most recent reports on Form 10-K and Form 10-Q. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities. This does not constitute an offer of any securities for sale. Article content Article content Article content Article content Contacts Article content For Additional Information Coeur Mining, Inc. 200 S. Wacker Drive, Suite 2100 Chicago, Illinois 60606 Article content Article content Article content
