“Cash used in investing activities increased due to higher post-acquisition capital expenditures at Rainy River and New Afton, partially offset by higher cash acquired in the New Gold Transaction compared to the SilverCrest Transaction.”10-Q · Aug 5, 2026 ↗
Coeur Mining, Inc.
CDE
Market read
Coeur Mining, Inc.'s current read is isolated; its market group is not confirming.
The latest filing evidence is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
- Revenue increased 125.9% versus the comparable filing period.
- Operating margin fell 9.2 percentage points.
- Rainy River and New Afton added sales, while post-acquisition capital spending increased. Future filings can show whether the spending level changes.
- Lower realized gold and silver prices reduced the sequential revenue increase, despite acquisition-related volume adding sales.
Invalidation: The isolated read changes if CDE's group or a disclosed connection begins moving with it.
Research brief
The story so far
The latest filing evidence is available. 0 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.
- Revenue increased 125.9% versus the comparable filing period.
- Net income increased 72.3% versus the comparable filing period.
- Operating margin fell 9.2 percentage points.
- Net margin fell 3.5 percentage points.
- Operating cash flow was 4.21x net income; review non-cash and one-time items before treating this as recurring conversion.
- Rainy River and New Afton added sales, while post-acquisition capital spending increased. Future filings can show whether the spending level changes.
- Lower realized gold and silver prices reduced the sequential revenue increase, despite acquisition-related volume adding sales.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +96.4% year over year.
- Operating margin changed +18.6 percentage points in the latest annual period.
- Net margin changed +22.7 percentage points in the latest annual period.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Foreign exchange has repeated adverse evidence across 5 filings.
- EV/sales is 38% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
20.33Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Interest expense (net of capitalized interest) decreased to $17 million from $19 million due to lower interest paid under the RCF driven by lower average debt levels and lower interest paid under finance leases, partially offset by higher interest paid under…”10-Q · Aug 5, 2026 ↗
“Costs applicable to sales per gold and silver ounce remained comparable and increased 76%, respectively, due to the mix of gold and silver sales, which impacted co-product cost allocation, higher labor and consumable costs, lower production, and favorable imp…”10-Q · Aug 5, 2026 ↗
“Pre-development, reclamation, and other expenses decreased $3.4 million, or 6%, stemming from lower losses on the sale of assets and lower ongoing carrying costs at Silvertip, partially offset by the Kensington royalty litigation settlement of $7.2 million an…”10-K · Feb 18, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 6.0× · EV/sales 5.8×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CDE. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment
Fundamentals strengthened in the latest filing
10-Q filed 2026-08-05 against the comparable filing from 2025-08-06.
Capital and cash conversion
Cash conversion improved
Capital-spending intensity declined while free-cash-flow margin improved.
- Capital spending YoY
- +106.7%
- Capital spending / revenue
- +11.6%
- Free-cash-flow margin
- +35.7%
- FCF margin change
- +5.3 pts
Capex, revenue, and operating cash flow are matched to the same reported duration. Reported accounting context, not a forecast or trading recommendation.
What improved
- Revenue increased 125.9% versus the comparable filing period.
- Net income increased 72.3% versus the comparable filing period.
What weakened
- Operating margin fell 9.2 percentage points.
- Net margin fell 3.5 percentage points.
- Operating cash flow was 4.21x net income; review non-cash and one-time items before treating this as recurring conversion.
Filing receipts
“31 The following table summarizes consolidated metal sales: Three Months Ended Increase (Decrease) Percentage Change In thousands June 30, 2026 March 31, 2026 Gold sales $ 694,992 $ 475,222 $ 219,770 46 % Silver sales 321,629 362,198 (40,569) (11) % Copper sales 68,971 18,772 50,199 267 % Metal sales $ 1,085,592 $ 856,192 $ 229,400 27 % Costs Applicable to Sales Costs applicable to sales increased $220 million, or 67%, primarily driven by full-quarter sales at Rainy River and New Afton as well as the impact of the PPA ascribed to Inventory of $140 million compared to $85 million in the first quarter of 2026.”
“The following table summarizes consolidated metal sales: Six Months Ended June 30, Increase (Decrease) Percentage Change In thousands 2026 2025 Gold sales $ 1,170,214 $ 558,441 $ 611,773 110 % Silver sales 683,827 282,271 401,556 142 % Copper sales 87,743 — 87,743 100 % Metal sales $ 1,941,784 $ 840,712 $ 1,101,072 131 % Costs Applicable to Sales Costs applicable to sales increased $446 million, or 103%, primarily due to the post-acquisition sales at Rainy River and New Afton, full-year sales at Las Chispas and higher operating costs at Palmarejo, Rochester and Kensington, partially offset by lower gold ounces sold Wharf.”
“Revenue increased by $229 million, or 27%, as a result of full-quarter sales from Rainy River and New Afton, a 2% increase in gold ounces sold from Coeur’s legacy mines, and a 10% increase in average realized copper price, partially offset by a 1% decrease in silver sales from Coeur’s legacy mines and 6% and 14% decreases in average realized gold and silver prices, respectively.”
Historical filing backfill generated after the original filing window. It is not part of Jodie's live track record.
Business ecosystem
The relationships behind CDE
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CDE is currently a Follower in the organic co-movement group Precious Metals Mining. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.