Latest news with #MitchellKrebs
Yahoo
4 days ago
- Business
- Yahoo
Why Coeur Mining, Inc. (CDE) Soared On Wednesday
We recently published a list of . In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against other best-performing stocks. Coeur Mining saw its share prices rise by 4.33 percent on Wednesday to finish at $8.43 apiece following the launch of a $75-million share buyback, effective through May 31, 2026. In a statement, Coeur Mining, Inc. (NYSE:CDE) President and Chief Executive Officer Mitchell Krebs said that the initiative was aimed at boosting shareholder value. Aerial view of a gold mine, reflecting the company's precious metals mining operations. Coeur Mining, Inc. (NYSE:CDE) said 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 the company deems appropriate. In recent news, Coeur Mining, Inc. (NYSE:CDE) said it swung to a net income of $33.4 million from a $29.1 million net loss in the same period last year. Revenues jumped by 69 percent to $360.1 million from $213.1 million year-on-year. For the full year 2025, Coeur Mining, Inc. (NYSE:CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver. It also targets to spend between $26 million and $32 million, consisting primarily of sustaining capital and underground development. Overall, CDE ranks 7th on our list of best-performing stocks. While we acknowledge the potential of CDE, 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 AI stock that is more promising than CDE and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
Why Coeur Mining, Inc. (CDE) Soared On Wednesday
We recently published a list of . In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against other best-performing stocks. Coeur Mining saw its share prices rise by 4.33 percent on Wednesday to finish at $8.43 apiece following the launch of a $75-million share buyback, effective through May 31, 2026. In a statement, Coeur Mining, Inc. (NYSE:CDE) President and Chief Executive Officer Mitchell Krebs said that the initiative was aimed at boosting shareholder value. Aerial view of a gold mine, reflecting the company's precious metals mining operations. Coeur Mining, Inc. (NYSE:CDE) said 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 the company deems appropriate. In recent news, Coeur Mining, Inc. (NYSE:CDE) said it swung to a net income of $33.4 million from a $29.1 million net loss in the same period last year. Revenues jumped by 69 percent to $360.1 million from $213.1 million year-on-year. For the full year 2025, Coeur Mining, Inc. (NYSE:CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver. It also targets to spend between $26 million and $32 million, consisting primarily of sustaining capital and underground development. Overall, CDE ranks 7th on our list of best-performing stocks. While we acknowledge the potential of CDE, 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 AI stock that is more promising than CDE and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
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
23-05-2025
- Business
- National Post
Coeur to Participate in the Raymond James London Silver Conference
Article content CHICAGO — Coeur Mining, Inc.'s ('Coeur' or the 'Company') (NYSE: CDE) Chairman, President and Chief Executive Officer, Mitchell J. Krebs, will participate in the Raymond James Silver Conference in London, United Kingdom on Wednesday, May 28, 2025. Article content Article content The Raymond James London Silver Conference is an invitation-only investment conference. Presentation materials will be made available on the Company's website at 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 Article content Article content Article content Article content Contacts Article content Article content
Yahoo
10-05-2025
- Business
- Yahoo
Why Coeur Mining, Inc. (CDE) Skyrocketed This Week
We recently published a list of . In this article, we are going to take a look at where Coeur Mining, Inc. (NYSE:CDE) stands against other stocks that moved the market this week. The stock market edged lower week-on-week, as cautious investors repositioned their portfolios ahead of the United States and China's high-stakes negotiations on trade policies that have for months dented global economies. On a week-on-week basis, the Dow Jones was down by 0.16 percent, the S&P 500 dropped 0.47 percent, while the Nasdaq dipped by 0.27 percent. Beyond the major indices, 10 companies bucked a wider market decline, with gains skyrocketing in just a week's trading. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. The stocks were chosen based on the highest percentage increase in closing prices on May 9 as against their prices a week earlier, or on May 2. Aerial view of a gold mine, reflecting the company's precious metals mining operations. Coeur Mining, Inc. (NYSE:CDE) saw its share prices soar by 47.6 percent week-on-week to end Friday at $7.84 versus the $5.31 close on May 2, as investor sentiment was boosted by its strong earnings performance in the first quarter, coupled with a highly optimistic outlook for the rest of the year. In a statement, Coeur Mining, Inc. (NYSE:CDE) said it swung to a net income of $33.4 million from a $29.1 million net loss in the same period last year as revenues jumped by 69 percent to $360.1 million from $213.1 million year-on-year. With the strong figures, Coeur Mining, Inc. (NYSE:CDE) President and CEO Mitchell Krebs believed that the company is now in a strong position to deliver record operational and financial results for the rest of the year. For full year 2025, Coeur Mining, Inc. (NYSE:CDE) expects to produce 95,000 to 105,000 ounces of gold and 5.4 million to 6.5 million ounces of silver. It also targets to spend between $26 million and $32 million, consisting primarily of sustaining capital and underground development. Overall, CDE ranks 2nd on our list of stocks that moved the market this week. While we acknowledge the potential of CDE as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CDE but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. 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
